Who Holds You to Account

One of the most common failings of Owner-Managers is failing to see things through. The problem is that there is nobody to hold them to account. In their past, Corporate, life they may have had a boss who managed their delivery. One of the reasons that they set up in business on their own was to escape from the boss. The problem is that they not only escaped from all the negative things that come with a boss. They also escaped from all the positives too. Now there is nobody (with the possible exception of the bank manager) to make sure that things get finished. Running a business can be lonely and difficult. Are you making sure that you are accountable to somebody? Yourself, your partner or some respected individual who helps you to retain a perspective and keeps on reminding you about the important initiatives that found their way on to pages three and four of the to-do list.

Consider hiring a non-Exec. chairman (or interim business manager if you prefer) who will help you to see things through to completion.