Aug 262010
 
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Entrepreneurs tend to be very control oriented; they like to be in charge.  It may seem more difficult to be the undisputed leader if you have a bunch of people running around who are smarter and/or more capable than you.  The concern is understandable, but the reality is that if you simply surround yourself with “yes” people, you are likely to have only limited success, as you will severely hamper your ability to create leverage.  If everything has to go through you and you therefore are always the limiting factor, you can only grow your business so much, subject to the very real, unavoidable constraint of 24 hours in a day.  Don’t let your ego or your need to dominate get in the way of your ultimate success – hire and partner with as many super-capable people as you can handle.  Maintain control if you must, but loosen the reigns just a bit, to let the strong performers you bring onboard flourish and grow.  This will greatly increase the probability that you will achieve your goals and create wealth as an entrepreneur..

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