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Should you Fire yourself?

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  #1 (permalink)  
Old 29-06-2008, 21:48
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Default Should you Fire yourself?

In my younger days, I, like many of you, did some freelance trouble shooting at other companies, I recommend it. It makes you think about how to solve problems that larger companies suffer and avoid those mistakes in your own business.

One thing that it always left lingering in my mind though was 'is the founder the best person to run the company'. What I saw too often was a willingness to listen to outside advise, but a total barrier to act upon it.

Often a Proprietor knew they needed to make changes to survive, they even paid (me) to be told the same, but did nothing and collapsed.

It made me think from a young age...."am I the best person to run my companies, or should I fire myself"....and to that ends, I have always brought people in to run my companies, while I take a back seat and act as an advisor.

I know my own skill base, and sometimes that is not heading up a company, I am a great leader, motivator and instigator, I am probably a poor manager, which is why I don't attempt to manage.

So over to you. Should you fire yourself?
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  #2 (permalink)  
Old 29-06-2008, 22:04
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IP2, I am a fantastic Manager and very capable of making lots of money for other people it seems!

I am out of my comfort zone with my online store as I am used to running real ones with excellent results!

Sadly I cannot finance a real one for numerous reasons....all dull

So, I could never fire me as this is my baby
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Old 29-06-2008, 22:05
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James Caan took his recruitment business from 0-£14m, and then passed it over to a management team, which the different skill set needed to grow and established business, as opposed to getting a new business off the ground. They took it from £14m to £140m.

It takes an honest man to step back from their own business and say "i'm not the best person to do this".
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Old 29-06-2008, 22:11
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Thats very true and wise words.

I hope to be in that position one day!

Need to sell a lot of candles!
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Old 30-06-2008, 06:02
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Fuzzy would never fire herself
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Old 30-06-2008, 08:27
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Quote:
Originally Posted by IP2 View Post
In my younger days, I, like many of you, did some freelance trouble shooting at other companies, I recommend it. It makes you think about how to solve problems that larger companies suffer and avoid those mistakes in your own business.

One thing that it always left lingering in my mind though was 'is the founder the best person to run the company'. What I saw too often was a willingness to listen to outside advise, but a total barrier to act upon it.

Often a Proprietor knew they needed to make changes to survive, they even paid (me) to be told the same, but did nothing and collapsed.

It made me think from a young age...."am I the best person to run my companies, or should I fire myself"....and to that ends, I have always brought people in to run my companies, while I take a back seat and act as an advisor.

I know my own skill base, and sometimes that is not heading up a company, I am a great leader, motivator and instigator, I am probably a poor manager, which is why I don't attempt to manage.

So over to you. Should you fire yourself?
Good points John.

I know in my case I probably run at 50% efficiency owing to my lack of drive and skill in certain areas.

I would say to get the maximum I need a manager as I am far to single minded in what I do .

P.S no I would not employ me as I keep pilfering the Chocolate Biscuits

Alvin
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Last edited by Alvin; 30-06-2008 at 08:30.
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Old 30-06-2008, 08:29
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Old 30-06-2008, 08:57
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Quote:
Originally Posted by IP2 View Post
'is the founder the best person to run the company'.
I have been thinking about the same question too!
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Old 30-06-2008, 14:14
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Very good question. Maybe they just aren't brave enough to do what others suggest? Or fear failure. Or too comfortable.

I have been told to get out there and meet people, go here and there and introduce myself - which is kind of free - but I'm not brave enough.

I think I would fire myself and hire someone to run it and me do the these kinds of jobs - even delivering!
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Old 30-06-2008, 15:14
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It takes an honest man to step back from their own business and say "i'm not the best person to do this".
I bet it takes alot of money too.
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