187. Managing Time & Efficiency With Russ Stephens

Accept that 80% completion by a delegated team member is often 'good enough' to enable business scaling, rather than striving for 100% perfection only you can deliver.

Implement the 'DAD' principle: Delete unnecessary tasks, Automate repetitive ones, and Delegate the rest to free up your time for higher-value activities.

Conduct a time audit and calculate your effective hourly rate to understand the true cost of performing tasks yourself, especially if you're paying others more for similar work.

Establish clear systems, processes, and a strong company culture with core values before delegating or hiring, to ensure effective onboarding and reduce friction.

Avoid 'delegation by abdication' by providing proper training, clear processes, and implementing exception reporting or KPIs, rather than just handing over tasks without oversight.

Leverage automation tools like CRM systems for marketing and explore emerging AI technologies to automate a wide range of tasks, from email filtering to lead qualification.

Educate yourself on key business metrics (e.g., marketing qualified leads, cost per lead, work-in-progress accounting) to effectively hold third-party service providers accountable.