No man is an island and this is true in business as well. If you want to achieve something truly amazing, you can’t do it alone. You will need a team.
You may be proud of the fact that you’re working hard as a solopreneur doing everything by yourself. But there is a limit to the amount of income that you can make. Most business owners who are working on their own will most likely max out at somewhere between $200k to maybe $300k. To go beyond that, you can’t keep working alone. You need to have a team to back you up.
Now, this is where the conflict comes in because of the two things that most business owners often say to themselves, time and time again. If you let these things get inside your brain, your words would soon become your reality. This is why I’m sharing the two biggest mindsets that hold business owners back and the things that stop people from achieving their full potential.
Mindset Number 1: It’s Faster If I Do It Myself
This is something that I hear time and time again. When people don’t want to let go and keep saying “It’s faster if I do it myself”, what it basically means is that they’re left doing everything by themselves. Now if you’re doing everything in your business, it will limit the size of business that you can grow. If you want to grow beyond the million dollar mark, then you’ll need to have a team around you.
People argue “it’s faster if I do it myself” when actually it’s not. You may be faster that one time wherein it could take you half an hour but it might take other people an hour or two if they are doing it for the first time. But if you say it again this week and the weeks after, you’ll have spent more time on that particular task because you’re the only one who can do it. You’ve somehow convinced yourself that you’ve got special skills and special powers and no one else can do it other than you.
But if you were to ask yourself, “Will I ever have to do this again?”, the answer is yes. What you can do is stop and build a system around how you do that task. And then you’d find someone else and you train them. Training might take you 3-4 hours tops. Once the task has been delegated and handed over to someone new, you’ll have saved yourself hours of time to do other different tasks.
So remember this: it’s not faster if you do it yourself. Take those words and remove them from your mindset completely. Learn to build systems and pass things onto someone else.
Mindset Number 2: Nobody Can Do It as Good as I Can
If you’ve said this to yourself a hundred or a thousand times then you’ve probably convinced yourself that “no one can do it as good as what I can.” Now this would be a tragedy because you’re destined to have a really small business for the rest of your life.
Again if you want to grow, if you want to help more people, serve more customers, make more money, have more freedom and have more success again–you have to learn to let it go.
This means you need to lower some of your ego a little bit and realise the fact that there are many amazing talented people. Rather than feeling that you’re the best at everything, you should find people that are actually better than you at completing certain tasks.
Another thing is that these people don’t have to do it as good as you can, just divide the task. They can accomplish 80-90% of the task, which may take them 10 hours. At that point, you can then come in to do an hour or two to polish it off and make it 100% complete.
Remember if you want to become successful in business, these are two really important mindsets that you need to kill. The first one is “it’s faster if I do it myself” and the second is “nobody can do it as good as I can”.
Now that you know the two mindsets, I need you to make a promise to yourself to never say these two sentences again. You need to extract those from your brain and replace them with new ideas.
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