Categories: General
      Date: Sep 20, 2007
     Title: Get Help When you Need It

It can happen to anyone in a leadership role. Entrepreneurs can fall into the trap.

Small companies experiencing growth can get into trouble. A middle manager can make the same mistake. They all can ignore the warning signs that they need to hire help, delegate work, or add another layer of leadership.



Recognize the warning signs and build your business

Joan Lloyd

It can happen to anyone in a leadership role. Entrepreneurs can fall into the trap.

Small companies experiencing growth can get into trouble. A middle manager can make the same mistake. They all can ignore the warning signs that they need to hire help, delegate work, or add another layer of leadership.

Entrepreneurs

Entrepreneurs just starting out expect to do administrative work such as billing and answering their own phone. But as the business grows, some fly solo for too long. How do you know? Here are some warning signs:

If these symptoms sound all too familiar, consider hiring an assistant to manage all the non-revenue producing activities, such as making copies, answering the phone, tracking and sending invoices, and filling orders. Hire a good accountant and bookkeeper, but make sure there are good controls in place to keep track of your money.

Most entrepreneurs agree that they waited too long to outsource and hire their first employees. And they are quick to tell you that once they did, they were freed up to focus on what they do best-grow the business.

Small business owners

Small companies usually start out as a mom and pop enterprise, where everyone takes pride in being a part of the "family".

One of the joys of a small business is variety that comes with wearing a lot of hats. But trouble can start once a point of critical mass is reached. Usually that point comes when the business grows to around three dozen employees. Often, the owner keeps control of operations up to that point, with perhaps a point person or three. No one wants the burden of a bureaucratic structure, but unfortunately, without a clear delineation of duties, and a few more leaders to coordinate it all, conflict and chaos can ruin the family atmosphere. Here's what to watch for:

Middle managers

Middle managers in a larger company are often in back-to-back meetings. Many are involved in projects of their own and involved in cross-department initiatives. As a result, they are often removed from the day-to-day work. Here are some symptoms that indicate a lead person or a supervisor may need to be appointed.

If you don't recognize the warning signs, you may end up working harder and longer hours, but things can keep getting worse. This is one time that the saying "Don't be penny wise and pound foolish" should ring in your ears.

http://www.bizjournals.com/extraedge/consultants/at_work/2007/09/17/column282.html?market=portland