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Redefining Your Role

Thursday, August 06, 2015   By Mike Reddy


As your business becomes more successful you may well find as the business owner that you are spreading yourself thin, perhaps getting lost in menial tasks and uncertain what your role is.

To be frank, small businesses no matter if they are successful or not, can really sap your time and emotional strength.

As a business coach I encourage clients who seem to be stretched in a number of different directions to write up a job description for themselves.

In effect, treating their position in the same way that they would treat any position in their business that required recruiting someone from outside the organisation to fill.

So, as a piece of business coaching advice, I encourage them to return to their business plan. It's also a good chance to check that that business plan is still current.

If not, it's a great opportunity to revise that plan to ensure you are in the best position to dominate your competitors.

Once you are comfortable it is current, it can be an interesting exercise to thumb through your calendar and to-do lists to see which of them are really appropriate for the position.

Of course, any of those tasks that are not aligned with achieving the goals of the business plan should either be scrapped or outsourced.

If they stay, they are likely to continue to be a distraction to you and will stop you achieving your goals.

And that is never a good thing.

Mike Reddy is a Chartered Accountant, business coach and advisor helping businesses in Sydney, Melbourne, Brisbane and Gold Coast to easily increase their profits and cash flow. He is currently President of the North Sydney Chamber of Commerce, a Regional Councillor for Sydney North East and a member of the Institute of Chartered Accountants Sydney leadership team. As well as advising businesses, Mike presents business development seminars and webinars and is regularly contacted by the media to comment on small business matters. You can connect with him on Facebook, Twitter and Google+.