About Brad Sugars

Involve the Entire Team: It is important to involve the entire team in this implementation process. Having an implementation team consisting of a select few will only lead to confusion, frustration and discontent.

In order to have an effective and efficient implementation system, it is essential to have everybody on the team involved.

This will also be a major contributing factor for the business owner, in moving closer to the next goal – letting go of the business and making it work on its own, by handing the reins of the business to those who will be ultimately responsible for running it.

Give Them Responsibility: The business owner can’t expect team members to work hard without giving them true responsibility for their jobs. If the business owner gives accountability, he also has to give responsibility. In addition, there has to be a system in place for rewards based on results.

It may be a share of the profits, for instance. This can bring out the best in all the team members.

Delegate: Delegating work goes far beyond just handing over responsibilities and jobs to other people; it means handing out the functions completely. It has much to do with letting go, instead of wanting to do everything oneself.

This is where one can see the true test of a leader.

Hands Off: It can be very useful to a general manager to run the business so that the business owner can step back more easily.

This is one good way of handling this situation, and in this manner, the business owner can leave the business in the hands of the expert who has been hired.

Easing Out: There are a few tips, as discussed in my Instant Systems book that can help a business owner ease out of the business, including:

- Not interfering with the work being done by the team members. They were hired to do the job, so let them do it.

- Giving up a parking space or office. Not having a place in the business will help keep the business owner from showing up all the time.

- Staying away from regular meetings, and just getting a brief from the general manager on the phone or via e-mail.

- Keeping all lines of communication open and remaining accessible.

- Scheduling periodic meetings or visit at the office from time to time, or showing up for specific meetings as required.

Handling Semi Retirement: While everyone hopes to achieve this state, many are not able to handle it when they really retire or in this case, semi-retire.

This is because they have been busy doing things and have been part of something productive.

However, the proposition of not having to go to work and still be paid can also be irresistible. One can deal with the pitfalls by developing a social life that you do not have to trade for money anymore.

But this doesn’t mean that the business owner will go back and start working in his business all over again.

This will mean investing.

An owner will now be making money with money to create wealth. While becoming a different type of business person in this sense is more challenging, in the end, many former owners find it is much more profitable.