The E-Myth: Abdicate vs Delegate
Twitter Summary: If you’re in charge, do you find yourself working in your organization or leading it?
Principle
Michael Gerber in his book The E-Myth explains that one of the many reasons small business fail in their infancy is because some owners unintentionally abdicate vs delegate work responsibilities. Instead of delegating a portion of the business, providing clear guidance, and remaining involved, they often assign it to someone else, remove themselves completely from that portion of the business so as to focus on the actual work being done. They struggle to know the difference between owning a business and working in a business. Gerber says this is more a result of just not knowing how to do the work of an owner/manager than it is intentional negligence.
In Gerber’s own words ...