TES 043 - Knowing What to Delegate

In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham talks about deciding at what point we delegate and the things to delegate.The CORES of BusinessTo grow, scale and build something that is meaningful we need to let go of control. Here's how you decide on the things and whether they are something that you delegate or hold on to:Critical: If it is critical to the operations of your business and drives profit, then be the one in control of it. Others will not be as effective as you. Even if it is something that you do not like or are not proficient in, you need to responsibly monitor it. Have a system in place that drives things and you are on the monitoring end.Original: Keep in control of those elements that is your differentiating point. Stay close to the key characteristics that set you apart in the marketplace. For example: Your image, culture and branding. These things are your market differentiators so keep tabs on it at a great level.Revenue: If it drives your revenue, stay on top of it. Without cash, your business cannot survive. So, be the one who is closely monitoring the things like client relationships and sales that bring in the revenues of your business.Expansive: Spearhead those strategies that keep your business going. Command the strategic elements that allow your business to grow and expand. You can have other people for implementation and execution but the expansive piece is yours.Strategic: As a visionary and the strategic thinker of the business, be the one to decide on the techniques that fits. You do not need to be the implementer but be that visionary who oversees where your business is heading. Always have your finger on the pulse.__________________________ABOUT MEL ABRAHAMMel is the founder of Business Breakthrough Academy and Thoughtpreneur Academy where he helps entrepreneurs bring their businesses to the world and build the lifestyle that they want. Mel is one the most sought after entrepreneurial mentor and strategic thinkers of our time. Unlike many other so called “business coaches”, Mel has lived everything he teaches and continues to do so. Mel has built, bought and sold numerous multimillion-dollar businesses for himself as well as his clients. As the author of The Entrepreneur’s Solution: The Modern Millionaire’s Path to More Profit, Fans & Freedom Entrepreneur, Mel’s strategies have helped build thousands of businesses and have generated hundreds of millions of dollars for his clients, ranging from large corporations to startups and small family-owned businesses.Mel is a true believer in the entrepreneurial way of life and says that this “new frontier” is the paradigm that will shift society from simply existing to living life bigger, bolder and on their own terms.Meet Mel at http://melabraham.com/____________________THE ENTREPRENEUR'S SOLUTIONThe Entrepreneur's Solution is a weekly entrepreneur, business, wealth and lifestyle show where entrepreneur, speaker and author Mel Abraham reveals all of his business and entrepreneur building stra