Talk to most family business owners about their business and they exude passion, drive and determination but it can come at a price.
When it is your 'name above the door' it can be difficult to let go, to delegate and to empower others to do the job (in many cases the job that they have been engaged for, and are being paid to do).
This can result in the business becoming dominated by a leader, which is not only a dangerous strategy but also one that can lead to burn out as the business becomes all consuming.
Being prepared to step back and empower others can not only free up time to allow relaxation away from the business, but can also stimulate others to step in and take responsibility, helping the business to grow too.
"Work hard, play hard" is closer to an aspiration than a reality for many UK’s business owners. It’s well known that bosses find little time to step away from their desks, often working long hours and foregoing holidays to ensure their business runs like clockwork – but is being too self-reliant harming your business?