Even if you have a few employees or more, are you still making all the decisions? Or at least a vast majority of them?
The weight can be overwhelming at times, can’t it?
If your org chart does look like that, you are not alone.
82% of business in the United States do, and for women owned businesses that number climbs up to 90%.
That means that 82% of businesses have Zero employees beyond the solo owner, so if that is you, you have a lot of company.
Even if your business already has a few employees or even 10 or more, you as the owner are still typically still in a vast majority of the boxes. You are the Chief Everything Officer in your business instead of a true Chief Executive Officer.
Typically companies with less than 10 or even 20 employees have all the boxes at the top with the owner still in them, and sometimes even companies much larger than 20 employees still have the owner as the solo decision maker in the company.
That can and does get not only quite lonely at the top, but also quite frustrating and overwhelming to have all that weight on your shoulders and be making all the decisions all by yourself.
It’s a double edged sword.
Yes, you have control and can make all the decisions, but you also have to decide or nothing will ever change.
Business is too involved and too complicated for you to be able to be an expert in all areas all by yourself.
You need a support system and other people to bounce ideas off of.
Even in the corporate environment with thousands of employees, they know that they need an outside perspective, so they bring that in.
They hire outside consultants to come in and take a look at what is going on in their business, give them ideas of other things to try out, and be the expert help necessary when it comes to implementation of the new and different solutions.
Do you bring in enough outside experts in your small business? I would be willing to be the answer is no, because you think you can’t afford it, but for most businesses, you can’t afford not to.
How about your small business?