What is the Management Trap for Online Business Owners?
In order to grow and scale your online business, it is essential to hire. And yes, it's important to delegate. With a well-run team, all things are possible.
BUT there is something that many online business owners aren't prepared for when they start hiring.
Do you want to know what that is?
What most business owners don’t realize, they are getting themselves into the management trap.
Of course, right. Because the first thing that happens when you hire somebody is you have to manage that person.
Let's first dig in and define what management actually is.
- Management is about planning – taking a goal and turning it into an actionable plan
- Management is about people – ensuring the right folks are on the team to execute on the plan
- Management is about process – finding the best way to get the work done
- Management is about progress – seeing the plan through to completion and getting stuff done!
It's the role of a manager to make sure the right things get done, in the right way, at the right time, and by the right people.
In the earlier days of your online business journey – before you hire – the management part is pretty easy because we only have one person to manage – yourself.
I’m sure you’re with me on this one for the most part it’s super simple to only manage yourself.
As you grow, and you hire new people … then you have those people that you need to manage on your team.
You must be wondering, is it worth it? Absolutely! Bring on a team that's a great part of growing a business. No more going it alone as a business owner, the right team members have your back and will be with you through thick and thin.
Your Team Requires
The essential things for a well-run virtual team of contractors are communication, clarity, support, and accountability.
You need to communicate about what is going on in the business. They need clarity around their role and what they are doing. They need support to ensure they have all they need to do their best work. They need accountability to get things done right and on time.
Project management
In addition to managing the people, you also have to manage projects. You’ll need to create systems and structures. You need strategic planning to keep everything on track.
Here’s the bottom line, the bigger the business becomes, the more there is to manage.
The question is – who is doing the managing?
There is a ‘rude awakening' moment with many of the early to mid-6-figure coaches and course creators that I work with.
You hire, thinking that will free up your time and you will be able to FINALLY focus on your revenue, your income, your impact, and the things you really want to do in your business.
Only to find that instead your days are now filled with:
- Checking in with the team to make sure stuff is getting done
- Thinking constantly about what is coming up
- Wondering if you have the right people on the team or not?
- Answering team questions
- Trying to figure out the best way to get things done
- Dealing with the ‘odds and ends' that come up in the day to day running of the business
This is my friend is the management trap.
Is this you? Are you in the management trap with your online business?
The management trap is a rude awakening for many Digital CEOs because a) they didn't realize how much work management actually is and b) they aren't very good at it!
The problem is they find it tiring, frustrating, and draining. Can you relate? Is the management of your business taking up so much of your precious time?
The management of your online business is taking up so much of your time that you can't actually focus on growing your business and doing what you do best.
When you don't purposely hire someone to help here then management will fall on YOUR shoulders. Which may not be the best thing for you, your team, or your business.
As a Certified OBM, I can take management off your shoulders – let’s talk. Apply Here!
Little Side Note
Curious about an Online Business Manager? Read this post.
✁ Just a Snippet
Here is just a snippet of the important points, you know for the skimmer in you. 🤪
- What most business owners don’t realize, they are getting themselves into the management trap.
- In the earlier days of your online business journey – before you hire – the management part is pretty easy because we only have one person to manage – yourself.
- I’m sure you’re with me on this one for the most part it’s super simple to only manage yourself.
- The essential things for a well-run virtual team of contractors are communication, clarity, support, and accountability.
- There is a ‘rude awakening' moment with many of the early to mid-6-figure coaches and course creators that I work with
- There is a ‘rude awakening' moment with many of the early to mid-6-figure coaches and course creators that I work with
- The management of your online business is taking up so much of your time that you can't actually focus on growing your business and doing what you do best.
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