Ask Rick: As the CEO, Do I Have to Make ALL the Decisions? - a podcast by Rick Mulready
from 2023-04-07T01:00
It’s time to talk about decision-making as a CEO.
Should you be making all the decisions for your business, or is it time to start sharing that responsibility?
The problem with holding on to all the decision-making is that it doesn’t leave enough time for you to make the strategic, high-level decisions that move your business forward.
This is something I struggled with early in my business, and I’ve come to realize that a lot of other business owners struggle with it too. Transitioning from an entrepreneur running the business day-to-day to a CEO who delegates day-to-day tasks is challenging but super important if you want your business to continue to grow.
Let’s get into it.
In this episode, you’ll learn:
- Why it’s so hard to hand over decision-making
- What decisions you should hand off to other team members
- The importance of trust in your team members
- How to avoid micromanaging
- The type of decisions that a CEO is in charge of
- Why you need to make time for strategic, high-level decision-making
- What you should be focusing on as a CEO
- How to decide what decisions to delegate
- How to empower your team to take ownership and make decisions
- Why you need to set clear expectations and deadlines
Rick Mulready's Links:
- Visit Rick's website
- DM Rick on Instagram
- Full episodes of The Art of Online Business Podcast on YouTube
Kwadwo [QUĀY.jo] Sampany-Kessie's Links:
- Visit Kwadwo's website for Facebook Ads help
- Say hi to Kwadwo on Instagram
- Subscribe to Kwadwo's YouTube channel to learn with him as he learns about personal finance, financial freedom, foreign languages and enjoying life!
*Disclosure: I only recommend products I use and love and all opinions expressed here are my own. This post may contain affiliate links that at no additional cost to you, I may earn a small commission.
Full show notes available at www.rickmulready.com/693
Click here to subscribe to The Art Of Online Business's YouTube channel so you can see the funnel fixing advice!
Further episodes of The Art of Online Business
Further podcasts by Rick Mulready
Website of Rick Mulready