Empowerment

Entrepreneurs become successful when they learn how to empower others. Below are two great quotes that I find packed with insight:

Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others
- Jack Welch

Surround yourself with the best people you can find, delegate authority, and don't interfere
- Ronald Reagan

What each of these great leaders understood is that you cannot achieve success all by yourself. Often entrepreneurs are so concerned with the getting the job done right that they end up doing it themselves. Getting a job done right, especially if it involves providing great customer service, is important -- but to be able to scale and grow, others must be empowered. Without empowerment, an entrepreneur can never achieve ultimate success.

One of the most frequent reasons for entrepreneurial failure is not being able to hire, train, delegate and THEN let go. Sure, when others are empowered there will be failures. However, in the long run, success is much more probable when others are significantly empowered.