One of the biggest decisions every entrepreneur faces is knowing when they are in over their head. Because the mindset it takes to be a brilliant, visionary founder is pretty much the exact opposite of the one it takes to manage an ongoing business. And surprisingly, the skill it takes to start a business is quite different than the skill it takes to grow a medium size business into a huge one.
But we’re the FOUNDER, the one who dreamed it all up! We can’t believe that anyone can take care of our baby better than we can. Big mistake. (Case in point: Steve Jobs round one versus Steve Jobs round two.)
This is the single biggest issue I face when working with clients. The owner not knowing when they’re in over their head.
The best visionaries in any organization - are the ones with the vision to know when it’s time to fire themselves.