In 1973, in Magnum Force, Harry Callahan said famously, “A mans got to know his limitations.”
This applies to all of use, every day, and especially to Entrepreneurs. It is a rare person that can be good at three of four areas of expertise, yet many business owners try to be just that, every day. Sales, Marketing, Operations, management, production, accounting, finance, human resources, legal… how many hats do you wear? More importantly how many do you wear – that you know you are not good at? How many times a week do you say to yourself “I really have to get to that project, why do I keep putting it off?”
The most productive entrepreneurs know their limitations, and hire outside help to shore up their weaknesses. In fact, most business owners spend all their time putting out fires and meeting deadlines (being the manager), and spend no time planning (being the leader). Then they are surprised when things fall apart. And they will, so plan how you will handle it and what your backup plan is.
Knowing your limitation is essential to self-growth and progress. To improve your business, take a good long look in the mirror and decide what your weaknesses are – and go get someone to help.
“Mastery of a task may be a straightforward path. Mastery in leadership is a lifetime pursuit, one that is both humbling and challenging as well as rewarding to the individual, and the team, when it works.” – John Baldoni