Decision Rights

“A company that cannot operate without its owner isn’t a business. It’s a highly compensated job.”

That line from this Forbes article is the whole thing.

I meet owners every month who built something impressive and then found out they had bought themselves the hardest job in town. Every decision routes through them. Growth stops at the edge of one person’s calendar.

The article makes one point I would underline twice. This is not a delegation problem, it is a decision rights problem. Handing someone a task is not the same as handing them the authority to decide.

Start with who owns what. Then decide what they get to decide without you.

You built a company. Make sure it does not (or did not) turn into a job.

Ted Williamson

Growing up in an entrepreneurial household, I learned the importance of planning and executing to achieve growth and success. However, I also became aware of the challenges and limitations of running your own business. Serving in the US Merchant Marine taught me the values of discipline and accountability, which are crucial for achieving any goal or success. For close to 30 years, I’ve worked with hundreds of entrepreneurial business owners and their leadership teams. Together, we focused on vision and strategy, employee efficiency, customer satisfaction and more. In 2016, I witnessed the transformative power of EOS in my wife’s business. Over two years, it significantly improved the business in every meaningful way, leading to consistent double-digit revenue and profit growth. Most importantly, it allowed her to enjoy a better, more fulfilling life with a balanced work schedule. The moment I realized that my wife was no longer a slave to her business, I knew that EOS was the solution to many challenges faced by entrepreneurs. My passion is to help as many entrepreneurs and their leadership teams as possible achieve their visions and live a better life.

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