Episode #226 Pass The Baton

Five Problems

• As we grow in our careers, we will inevitably reach a point when we carry too much.

• The greatest barriers to passing the baton are fear of losing control and giving up credit.

• If we try to do everything ourselves, the highest we can achieve is mediocrity.

• There are many happy families that do not remain happy through later generations.

• We often prepare wealth for our children without preparing our children for wealth.

Five Principles

• Our impact can outlast us when someone else continues the impact after we are gone.

• Delegation is more of a blessing than a burden.

• We may occasionally discover that others could actually do our job better than we can.

• The ability to work well with others is one skill that technology can’t replace.

• Legacy isn’t just lived in the final months of life; we can begin to live our legacy today.

Five Practices

• Consider, “Am I delaying delegation because of their weaknesses, or mine?”

• If someone else could do part of your job at least 80% as well, pass it off.

• Give others the same grace that you gave yourself when you were still learning.

• Reflect on what you want your family to look like when you are no longer around.

• Identify a part of your job that you hate, and pass it off to someone who would love it.