The trap
Know any businesses which are hugely successful (in profit) and are run by just one person doing everything?
Doing everything meaning – not only delivering a product or service, but ALSO successfully running every supporting function of a business including sales, administration, finances, and so on?
Take – for example – any of the ASX listed companies : these companies consist of hundreds or thousands of people working together in their own specialised areas of expertise – combining to make a business successful
Most entrepreneurs fall into the trap of handling too many functions which should be outsourced.