Starting a business from scratch? It can be expensive, not to mention overwhelming. Where do I start? How do I make a website? How do I get clients? Where the hell is the coffee?!
On top of it all, most people have a hard time delegating, or even wanting to delegate. We’ve been conditioned to believe that hard work and struggle are the only roads to success. We so often wear our hardships and overwork as badges of honor, and thus are reluctant to pass off any of the work to someone who might be better equipped and more knowledgeable to do a kickass job.
It may seem like the most cost effective way to launch a business is to DIY. But if you don’t know what you’re doing, you can actually cost your business more money… and miss out on great opportunities. But you don’t need to delegate everything to create a successful business. Below are some pros and cons to delegating vs DIYing. Take the quiz at the end to see which route you should take when starting your next venture.
Pros to Delegating
- Professionals with know-how and experience may (just maybe) do a better job than you might… which ultimately makes your business more successful.
- You get to spend more time on what you do best.
- You get more sleep.
- You’re less stressed, because you aren’t worried about how to figure out website themes, coding, accounting, or which entity (LLC, S Corp, C Corp?) is best for your business.
- You don’t have to sacrifice being at your daughter’s school play because you’re on hold with some 1-800 number to figure out how to set up an e-commerce account.
- You have more time to network and get yourself out there, instead of being holed up in your home office studying the nuances of fonts.
- Unless you have a background in marketing, your DIY logo, website, etc. may not actually speak to your target audience or embody the essence of your company.
- It’s going to take you hours, days, weeks, or even years to learn how to learn all the skills you need.
Pros to DIYing
- Handing jobs off to pros costs money – something you don’t always have a lot of when you’re starting out.
- You can be flexible with your time and deadlines. Your schedule is the only o
- You’ll learn A LOT. You’ll basically have a degree in startups when you’re done.
- That kind of knowledge is empowering, and will come in handy in the future.
- You’ve got the power (sing it) over your website, its content, and every change that needs to be made to it.
- At the end of the day you can say that you made your __(insert project here)___, and feel hella proud.
Quiz: Should You DIY or Delegate Your Business Set Up?
1. How much money do you have to invest in launching your business?
A. $5,000 +
B. $3,000 – $5,000
C. Less than $3,000
2. How much time do you have per week to spend working on your business?
A. 0 hours
B. 1 – 5 hours
C. 5 – 10 hours
D. 10+ hours
3. What’s your current stress level?
A. I don’t even have time to tell you all the sh*t I have going on right now.
B. I have a lot going on, but I’m breathing.
C. Manageable. I’m under control.
D. Stress? What’s that?
4. Have you ever started a business before?
A. Does a lemonade stand count?
B. I’ve dabbled, but nothing serious.
C. Yes, but with help.
D. I’m a serial entrepreneur.
5. Do you like sleep?
A. Yes. It’s my only relief all day.
B. I’m the king/queen of naps.
C. Sleep is ok, I guess.
Mostly As: You gotta delegate to stay sane. Pass off and hire people to do the work you don’t know how to do.
Mostly Bs: You can afford to hire some help, but have the time to learn some new tricks.
Mostly Cs: You can handle most of it on your own, but you might need help with the bigger items.
Mostly Ds: You got this! You’re scrappy, a hacker, and a DIYer to a T! You don’t get overwhelmed and love sitting behind your screen learning how to code your own website. (But we’re still here for you if you need us.)
Want to spend less time holed up in your office studying the nuances of fonts and more time doing what you love? Check out Flauk’s custom packages and à la carte items.
C0-Founder / Chief Happiness Officer
A recovering lawyer and trained happiness in the workplace coach, Sarah is Flauk’s resident business ma’am and money strategist.