Sharing Risk

One of the truly lamentable mistakes that a founders often make is to share the responsibility, but none of the risk. By not sharing the risk, they shoulder the burden of failure but none of the means to control the outcome. The common refrain at this stage is “I keep micromanaging and I don’t know why.”

This is why. It’s because you’ve shared the means but taken all the responsibility for the end.

By not truly letting your managers or colleagues experience the nature of the risk you face you shelter from the winds of effect. They get to neither truly feel things when the impact is positive nor when the negative impact can cause real stress.

Aside from reducing the power of those experiences, this also robs them of the opportunity to develop.