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In January, I talked about “Letting Go of the Vine” and why this is so crucial to achieving the success you deserve. If you didn’t read this post, you might want to read it here before you read this blog.
So after you have taken the time to track your activities for some period of time and gone through the exercise I suggested in January’s blog of figuring what you enjoy to do and do well, etc., the next step is actually delegating work. This is the really tough part, trust me I know. But by delegating, you are giving yourself the opportunity to elevate yourself to operate at your highest and best use.
But’s let back up a little. Why delegate? Sounds like a silly question and yet so many struggle with doing it so I have to believe the value is not being communicated. Let me take a crack at it. Do any of these sound like you?
IF any of these (or multiple!) describe where you are now, then delegating is going to be key (if not the only way) in moving you out of this rut. How do you start doing this?
Once you have this leadership team in place, you can begin discussions with them as to what you need to delegate, how and who to delegate it to and then let them be in charge of these tasks going forward. They will report to you as needed so you don’t feel a total loss of control over these items but reporting is the extent of your involvement.
One last thought – you are NOT your business – you created it but in order for it to find success, it has to be a self-sustaining entity. Learning to delegate is an important step in this process.
Please email us, call us (225.71.8009) or visit our website to schedule a complimentary call with us to discuss this further. We can assist you in ALL aspects of Delegating & Elevating.
Ginny Hudgens, President and Owner of The Strategic Implementer, started out in the financial services industry in 1992 as a Vice President in the Investment Banking Group of J.C. Bradford & Co., a regional brokerage firm purchased by PaineWebber (now UBS) in 2000.
In August of 2000, she accepted a position with a financial advisor, his only employee at the time, as the "jack of all trades". At the time of her employment, the firm had approximately $7 million in assets under management. Later, as the COO of the firm, she and the advisor built the firm to over $115 million in assets under management. Ginny was responsible for managing all aspects of the firm, leading team strategy sessions and implementing the initiatives that drove the firm growth.
In March of 2006, she started The Strategic Implementer to share her skills with other advisors who are READY to take their business to the next level. Her background has put her in the unique position of knowing exactly what it takes to build a successful advisory firm.
Ginny has written for and been written about in such publications as The Journal of Financial Planning, Investment News and Bob Veres’ Inside Information. She is frequently asked to speak and has spoken to groups including several FPA chapters, Geneos Wealth Advisors in Denver and the 2013 FPA Business Solutions Conference.
Ginny is a 1988 graduate of the University of Louisville with a B.S. in Business Administration (concentration in Finance). She is married and her husband has two grown sons, one who served his country in Iraq for 15 months and his younger brother, who is now her associate in The Strategic Implementer. Ginny serves on the Board of Directors for the Louisiana State University CFP Program.