Ep. 404 - Q&A from CEOs & COOs: How Delegating Like A Boss Can Fire Up Your Bottom Line

Second in Command: The Chief Behind the Chief

Second in Command with Cameron Herold

Entrepreneurship, Business, Management, Careers

4.5 • 1.6K Ratings

🗓️ 22 August 2024

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In today's episode of the Second in Command podcast, Cameron explores the critical importance of delegation for high-level executives and business leaders.

You'll learn why successful leaders should focus on tasks that align with their unique abilities and high hourly rates, delegating all other responsibilities to more cost-effective resources.

Hear the story of Bobby Harris, who shifted his routine by delegating all tasks below a certain value, which serves as a compelling example of how effective delegation can lead to significant business growth and personal efficiency.

This episode highlights the transformative power of strategic delegation, illustrating how it can free up time for executives to focus on high-impact activities that drive their business forward.

If you've enjoyed this episode of the Second in Command podcast, be sure to leave a review and subscribe today!

In This Episode You'll Learn:

Why delegating tasks that can be done by others is crucial for high-level executives. (2:00)
Insights into how your effective hourly rate impacts decision-making and task management. (3:00)
How to systematically offload tasks that do not align with your unique abilities or effective hourly rate. (4:00)
The relationship between delegating administrative tasks and increasing overall business productivity. (5:00)
And much more...

Resources:

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YouTube - Second In Command Podcast - https://www.youtube.com/@secondincommandpodcast
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COO Alliance - https://cooalliance.com/
Cameron’s newest book - The Second In Command - Unleash The Power Of Your COO
Cameron’s Online Leadership Course - https://investinyourleaders.com/ch
Cameron’s Website - https://cameronherold.com/
Instagram - https://www.instagram.com/cameron_herold_cooalliance/

Transcript

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0:00.0	I'm Cameron Herald, the founder of the Second Command Podcast.
0:03.0	Really quick, before we jump into today's episode,
0:05.0	you need to know about two important ways that we can help you and your company grow.
0:09.0	Number one, check out the COO Alliance.
0:12.0	It's for C.O.
0:13.4	Presidents, BP Ops, or whoever is your company's second in command to the
0:17.2	CEO. The C.O. Alliance is the world's leading community for the
0:21.1	second in command command and it gives
0:22.8	COOs the tools and connections to grow themselves and the company.
0:27.2	Head over to C.O.Aliance.com to learn more about our members and the
0:30.8	results, the program, and our 10X guarantee.
0:34.3	If you qualify for membership, you can set up a complimentary call with our team to discuss if it's
0:38.4	right for you.
0:39.4	I'll tell you about number two in a bit, but first, let's start this week's episode and he said
0:44.4	to me he goes I got to get off a call really quickly I got to go get my car washed
0:47.5	before I date tonight I'm like what are you talking about he goes my McLaren I got to
0:51.8	get it washed I'm like, your McLaren needs to get washed. You need to be on this call with me. Get your executive assistant to take your car to the car wash. And every Monday and every Thursday, your ranger, your Bentley and your Rolls or your McLaren should all be gassed up and they should all be washed up.
1:07.5	And that should be something that a $20 an hour person does.
1:10.4	Call it $50 an hour because they're nice cars, but you should not be going to get your
1:14.7	car washed and you should never be at a gas station filling up your car.
1:18.1	From that day forward, Bobby started to delegate everything under $250 an hour off his list.
1:23.4	Welcome to the Second in Command Podcast, produced by the COO Alliance and brought to you by its founder, Cameron
	...

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