The Five Costliest Delegation Mistakes

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"But I can't delegate that!"

I hear excuses like this from up-and-coming advisors daily, and I call B.S. every time – you can delegate everything but family, faith, and client-facing time. Those three things are absolute and require personal time and commitment.

Everything else? Push that off your plate and into the hands of someone else whose skill set is more adept than yours.

You can't run surge meetings or have a top-performing RIA without delegation. Here are the top five mistakes I’ve made in my practice and ways you can prevent them altogether.

1. Making excuses

Regarding delegation, follow Joko's example, take extreme ownership of your business, and stop making excuses.

"It's not worth it to delegate."

"That can't be delegated."

"I can't delegate until I get to x, y, z, level."