tyler-smith.com · Questions & Answers

I am the majority owner and currently sit in four different seats on our Accountability Chart: Visionary, Sales, Marketing, and Finance. My team says this is stalling our growth, but I do not have the cash flow to hire three replacement executives right now. How do I prioritize which seats to hand off first to free up my time?

It is common for founders to wear multiple hats, but sitting in four critical seats like Visionary, Sales, Marketing, and Finance is a recipe for stagnation. You cannot effectively grow the business or prepare for a clean exit when you are your own bottleneck. When cash flow is too tight to hire three external executives, you must use a systematic delegation plan to peel off these seats one by one. You cannot do it all at once, so you must prioritize based on leverage and business risk. Start by evaluating which of those seats is most draining to your unique ability and which one is the easiest to delegate. Finance is often the first seat to hand off. You can easily transition daily financial tasks to a fractional controller or an external bookkeeping service, which is highly cost-effective and immediately frees up your mental capacity. Next, look at Sales and Marketing. If you are the rainmaker, you might need to keep the Sales seat a bit longer, but you should look to delegate the operational execution of Marketing to an internal team member or an agency. The goal is to systematically move yourself out of these seats over a defined timeline, documented as Rocks on your V/TO®. Every seat you successfully delegate increases the enterprise value of your company because it proves to potential buyers that the business does not depend solely on your personal daily labor to survive.

Category: Accountability Chart & Seats

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