
I recently flew from Seattle to Atlanta, I realized, just as we began our taxi, that it takes hundreds of support personnel to maintain a flight. I saw the woman at the check-in desk, security, pilots, luggage handlers, flight crews, air controllers, and the various staff physically on the tarmac doing whatever people do on an airport tarmac.
Just as it takes hundreds of people to make a flight a reality, it takes a small army to run a business. One thing I have learned in my short-life of business, is the undisputable fact that one person can hinder the growth of a successful business.
I constantly find myself doing 'administrative' things, such as following up on overdue accounts, staying up-to-date on taxes and marketing details, and balancing the bread and butter of my company. It is easy to get sidetracked on mundane tasks, it seems just as I get started on a project, the phone rings.
I have also learned that letting go of some things can give you greater control. Confused? Think about this: I spend 3+ hours a week on accounting details. I make no money from that, my money comes from designing web sites and consulting companies on their online presence. Why would I spend 3 hours NOT making money when I can make $45 an hour doing what comes naturally? The answer: because it has to be done. By spending 3 hours a week, at a "loss" of $45 an hour, I am losing $135 a week, $7020 a year.
When I hired my accountant, I 'saved' money. No longer am I losing $7000 a year to administrative task. Instead, I am able to pay him ? a lot less than $7000 a year ? to handle my account needs. This frees 3 hours a week for me to commit to my customers.
I also have someone to take care of mailings, bills, and some phone calls. I receive approximately too many "Pre-Approval for $50,000" notices every day. I needed someone to rip out and shred my personal information and toss the remaining. This alone saves me time, allowing me to focus on running my business.
Business owners are a special breed. Often we are described as stubborn, strong-willed, insane, smart, and lucky. None of those descriptors are negative ? or shouldn't be. Business owners are needed just as much as employees. This special breed often allows these words become common practice, for some of you, the thought of handing over important aspects of your company is unrealistic.
How realistic is it to hire a lawyer to paint your house? What about hiring a carpet cleaner to install your computer network? Obviously these people are not incompetent to do these things, but it is not their profession.
Sometimes the less you have to worry about will help spark your creativity. I know a local photographer what was insistent on designing her web page, while she had great creative ideas, the means was harder to come by for her. She didn't know about search engines, or compatibility with difference browsers, or what a browser was. But she was excellent when it came to focus, lighting, and shutter speed. My point? Hire people to do what they do best.
My accountant is an accountant, he does accounting, and he does my accounting. I am not going to ask him to take my picture, design my website, or paint my house.
Let go of some aspects of your business, you can be the pilot and not have to worry about the baggage handling or staffing the check-in desk.
S. Nestor writes for StormFront Development Group, an pioneer in Internet Marketing. Contact him at snestor@stormfrontdevelopment.com
AP - President-elect Barack Obama's proposed tax cuts ran into opposition Thursday from senators in his own party who said they wouldn't do much to stimulate the economy or create jobs. Senators from both parties agreed that Congress should do something to stimulate the economy. But Democratic senators emerging from a private meeting of the Senate Finance Committee criticized business and individual tax cuts in Obama's stimulus plan.
AP - The U.N. Security Council called for an "immediate" and "durable" cease-fire in Gaza in a resolution Thursday night even as fighting between Israel and Hamas raged with early morning airstrikes killing seven Palestinians and pushing the death toll to about 760 in the near two-week conflict.
AP - The game defied expectations. Tim Tebow fulfilled them. He rescued No. 1 Florida, running through and throwing over No. 2 Oklahoma for a 24-14 victory Thursday night that gave the Gators their second BCS championship in three years.
AP - A key panel unanimously recommended impeachment for Gov. Rod Blagojevich on Thursday, setting up a vote that could make him the first governor to face such fate in Illinois' sordid political history. Blagojevich should lose his job for abusing power, mismanaging government and committing possible criminal acts, including federal allegations he tried to sell off a U.S. Senate seat, the special committee concluded.
AP - Trying to survive a deepening recession, employers are cutting their work forces to the bone, leaving more Americans unemployed and with dim prospects of finding a new job any time soon.
AP - Less than a month after its first report, a congressional panel overseeing the Treasury Department's $700 billion financial bailout is demanding more answers.
AP - Vice President Dick Cheney said Thursday that he sees no reason for President George W. Bush to pre-emptively pardon anyone at the CIA involved in harsh interrogations of suspected terrorists. "I don't have any reason to believe that anybody in the agency did anything illegal," he said.
AP - U.S. policy to win in Afghanistan must recognize the poor nation's limitations and its neighborhood, especially its intertwined relationship with U.S. terrorism-fighting ally Pakistan, the top U.S. military commander in the region said Thursday.
AP - Prosecutors said Thursday that investigators found 100 signed checks worth $173 million in Bernard Madoff's office desk that he was ready to send out to his closest family and friends at the time of his arrest last month in what is alleged to be largest financial fraud in history.
Reuters - Israel pushed ahead with its offensive in the Gaza Strip on Friday, ignoring a U.N. Security Council resolution calling for an immediate ceasefire in the 14-day-old conflict.
Reuters - U.S. employers probably cut the most jobs in at least 34 years last month as the global economic crisis gathered pace and moves by policy makers took time to filter through to struggling companies.
Reuters - Europe sought a swift restoration of gas supplies on Friday after striking a deal with Moscow on monitoring gas shipments via Ukraine that have been halted by a pricing dispute with Kiev.
Reuters - Financial giant Citigroup Inc will support a proposal in Congress to rewrite U.S. bankruptcy law to help troubled mortgage borrowers avoid foreclosure, Chief Executive Vikram Pandit said on Thursday.
Reuters - A legislative committee on Thursday recommended the impeachment of Illinois Gov. Rod Blagojevich, citing widespread abuse of power including allegations he tried to sell the U.S. Senate seat vacated by President-elect Barack Obama.
Reuters - President-elect Barack Obama's economic team is urgently overhauling the $700 billion financial rescue package to broaden its scope beyond Wall Street, The Washington Post reported on Friday.
Reuters - Al Qaeda's operations chief in Pakistan and a top aide are believed to be dead, a U.S. counterterrorism official said on Thursday, in what appeared to be the latest results of a campaign targeting the militant group's leadership.
AFP - Israel carried out new deadly air raids on the Gaza Strip on Friday as the UN Security Council called for an immediate ceasefire to end the two-week-old conflict in the Palestinian enclave.
AFP - Hopes for a quick resumption of Russian gas supplies to Europe were rising Friday after Russia agreed on the terms for the deployment of monitors in Ukraine.
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