Inc42 Daily Brief
Stay Ahead With Daily News & Analysis on India’s Tech & Startup Economy
“I’ve got it covered.”
As a new entrepreneur starts a business, he/she may wear many hats. The new founder may serve as the strategist, product developer, business developer, and the CFO in the startup, just to name a few of the roles.
In fact, the new entrepreneur may vehemently deny needing anyone else to help with the business. It may seem like more effort to get others onboard, rather than to do the work alone. This also applies if there is a co-founder. The founders may feel like they are all they need, to succeed.
Eventually, the entrepreneur will realise a team to help with the business is not only useful but essential. This is the next step in the startup.
Finally, when the entrepreneur is ready to truly get to the final step, he/she realises that to scale ancillary, as well as critical, tasks must be delegated to the “army” of help. This army is the crux of the business. So, take it a step at a time, and soon you’ll be at the top.
What step are you on? Let us know in the comments below.
[This post by Kriti Vichare first appeared on #entrepreneurfail and has been reproduced with permission.]
Note: We at Inc42 take our ethics very seriously. More information about it can be found here.