PNC Business Banking

Sponsored Content | Brand Spotlight Partner What's This?

5 Reasons It's Essential to Ask for Help If you want to build a great business, you're going to need some assistance along the way.

Shutterstock

The best business leaders know not to take everything on themselves. After all, that's the quickest route to burnout, not to mention inefficiency and the potential for poor business decisions.

To run a successful and sustainable business, it's essential to not just accept help from others but actively seek it out. Asking for help is not a sign of weakness. It's a step in the direction of taking charge, delegating, and maintaining laser focus on what you do best and what's most important to your business.

Here are five common situations entrepreneurs find themselves in that are a sure sign it's time to ask for help.

1. You're investing time learning how to do a task yourself.

Why waste your precious time learning how to build a website or write a press release? With countless resources available that enable you to easily outsource tasks like web design and writing, you can save yourself valuable time and avoid rankled nerves so that you're able to focus on what matters most to you: your vision for the businesses.

For example, rather than finding yourself stuck trying to figure out how to update your website or write a more effective business plan, hire a freelance web designer or business writer who can not only save you lots of time, but can also give the job a more polished and professional look.

2. Managing your finances is eating away at your workweek.

Keeping your eye on the bottom line is essential to running a business, no matter how big or small, but that doesn't mean getting lost in the weeds of managing day-to-day finances.

Handing tasks like merchant services and depositing checks to a trusted advisor like PNC Business Banking frees up your time and most importantly, gives you the added assurance that your money is being handled and managed by a professional with a reputation of excellence behind its name.

Working with a business banker also gives you access to financial resources like business loans, lines of credit, and digital real-time resources like Cash Flow Insight(SM) that can help you easily track and review your business's receivables and payables. What's more, getting help managing your money means you can automate otherwise time-consuming tasks like invoicing customers, reminding them when payments are due, and paying vendors on time.

3. You're constantly putting out fires.

One of the thrills of entrepreneurship is that every day can feel like a new adventure. You're poised to take on whatever challenge comes your way but having a system in place to help you deal with particularly stressful times will make sure you don't burn out too quickly or find yourself in a rut.

For example, you can hire a virtual personal assistant, organizer, or productivity coach to help optimize your workflow, manage emails and handle scheduling when unexpected things pop up in your calendar. If you know you have a large order to prepare and ship out, bring on extra hands to help you make that process more manageable.

4. It feels like you're sitting on a mountain of menial tasks.

Sure, handling the dirty work often falls to you when you're running a lean small business, but if you're not careful, it may drain you of valuable energy and time needed to keep the business afloat.

You know those days: You're stuck on the phone for hours troubleshooting a tech support issue, a leak in the ceiling requires your attention, the printer needs to be unjammed, and boxes of furniture are waiting to be assembled in the middle of the office. These menial tasks pose the threat of overtaking your day to the point of sucking all your energy from you.

Remember that time spent on menial tasks is time away from strategizing and making important decisions. Rather than wrack your brain on how to assemble a maddeningly complicated cabinet, hire someone to come in and do the dirty work for you. For an estimated $50 or less an hour, you can hand those dreaded but necessary tasks off and keep your mental sanity.

5. You look at other businesses and wonder: How'd they do that?

A beautiful ad campaign, a well-designed website, a flawless online customer experience. If you're wondering how other businesses manage to get so much done exceptionally well, the answer is simple: They probably aren't doing it themselves.

Don't let the polished exterior of other companies fool you. Underneath each is most likely a boss who knows how to delegate tasks to the people who can do them best. Guard your own time preciously and don't hold back on asking for help when you feel like you're becoming consumed by specific tasks.

Your job as a business leader is to keep the ship afloat, but without a crew and the right support in place, you'll have a heck of a time navigating rough waters.

This article is for general information purposes only and is not intended to provide legal, tax, accounting or financial advice. PNC urges its customers to do independent research and to consult with financial and legal professionals before making any financial decisions. This site may provide reference to Internet sites as a convenience to our readers. While PNC endeavors to provide resources that are reputable and safe, we cannot be held responsible for the information, products or services obtained on such sites and will not be liable for any damages arising from your access to such sites. The content, accuracy, opinions expressed and links provided by these resources are not investigated, verified, monitored or endorsed by PNC.

Cash Flow Insight is a service mark of The PNC Financial Services Group, Inc.

©2018 The PNC Financial Services Group, Inc. All rights reserved. PNC Bank, National Association. Member FDIC

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Related Topics

Starting a Business

This Retiree's Leisurely Side Hustle Makes $66,000 a Year and, 'You Don't Even Need to Go to High School to Do It'

Barbara Hill wanted a flexible, part-time job that would transition well into retirement. Now she mentors younger people who are making over $200,000 a year. Here's her insider's guide to getting started.

Business Ideas

55 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business Solutions

Save an Extra 20% on This AI-Powered Video Editing Tool

Give your video production a professional look with assistance from artificial intelligence.

Employee Experience & Recruiting

How Job Seekers Can Craft the Ideal Application — and How Employers Can Create a Job Listing That Attracts the Right Candidates

Are you a small business looking for a new hire, or a job seeker who's not getting any callbacks? Here are some tips to get you through the door as a candidate, and get the right applicants through your door as a company looking to hire.

Business News

Who Owns The Rights to Your AI-Generated Content? Not, It's Not You. Uncover The Scary Truth That Puts AI Users At Risk.

The realization that copyright laws do not protect AI-generated material might come as a shock to many.