According to Richard Branson, CEO and founder of Virgin Group, it's the simple ability of leaders to "delegate and let go."
"If you really want to grow as an entrepreneur, you've got to learn to delegate."
— Richard Branson.
Despite studies and proof from successful leaders and business people like Richard Branson that the ability to successfully delegate is critical for business growth strategies, delegation is still quite possibly one of the most underrated competencies in leadership.
There is hope however for busy executives, small business owners, and entrepreneurs who want to delegate more but struggle with scheduling skills or who are overloaded with administrative tasks. Hire well; specifically, hire a good personal assistant or a remote personal assistant also known as a virtual executive assistant who can take some things off your plate while also contributing to your success.
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