Perks and Pitfalls of Delegation - with Henry Lopez

SHOW NOTES:

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Today my virtual studio is proud to host Henry Lopez, that you might know as one of the two voices of the popular The How of Business show.

Henry has over 34 years of diverse business experience, including successful careers in the information technology industry, sales, sales training and business ownership. He is the co-founder of Levante Business Group (supporting entrepreneurs and small business owners), co-owner of iTopIt (a self-serve frozen desserts restaurant in Colorado Springs), co-owner of Wild Blue Car Wash (an exterior-express car wash under development in Colorado), and L3 Destinations (a Travel Agency co-founded with his wife).

We talk about running multiple businesses at the same time, about perks and pitfalls of delegation, and about surprisingly simple systems Henry uses to keep all the balls in the air.
 

HIGHLIGHTS and RESOURCES [episode 8]:

We talk about 

  • The benefits of, no, scratch that, the DEMAND for regular and frequent team communication – fighting the tendency to stay in your head (because your team can’t read your mind).

  • Team meetings to look forward to rather than to resent – Henry describes the detailed flow to a weekly call that makes his team not only work effectively but maintain a great relationship with the business owners.

  • Managing a big project via email or text vs. using a legit project management tool like Asana

  • The damage of unintentional exclusion

  • Delegation: how systems, checklist and documenting make it easier by orders of magnitude

  • Simple systems Henry uses to run multiple businesses

RESOURCES:

 

KEY TAKEAWAY:

Marina, summarizing Henry’s brilliant delegation tactic:

“Let’s say you need to delegate an important task to one of your employees, your JV partners, or even your clients. Instead of spelling it to the t, create an outline and let the other person flesh it out. It empowers them, it gets their buy-in. They are now much more engaged because they’ve described it in their own words, they used their imagination, and their own skills to really give this task a shape.”

 

About Henry:

Henry Lopez has over 34 years of diverse business experience, including successful careers in the information technology industry, sales, sales training and business ownership. He is the co-founder of Levante Business Group (supporting entrepreneurs and small business owners), co-owner of iTopIt (a self-serve frozen desserts restaurant in Colorado Springs), co-owner of Wild Blue Car Wash (an exterior-express car wash under development in Colorado), and L3 Destinations (a Travel Agency co-founded with his wife).

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You can find Henry on

His website: www.TheHowOfBusiness.com, or on Facebook or Twitter