Category: Management processes

How to Properly Delegate Work to Your First Hire

Sooner or later, your business will grow to the level where you alone can no longer get everything done. It is inevitable: to grow and stay on track with business demands, more help is required.

Hiring a firm’s first employee is a big change that is both positive and challenging. The new hire will not only take on part of the workload but will hopefully bring new skills and practices that weren’t previously available at the firm.

The goal is to train and set the new hire up to be as successful as possible.

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Ray Dalio on His Powerful Principles: Part 2

This article is Part 2 of “Ray Dalio on His Powerful Principles.” Part 1 is available here.

Ray Dalio’s Principles: Life and Work (public library) is an impressive book full of insights and concepts applicable to both life and work. It is divided into three parts. The first two, which I commented on in the first part of this series, deal with his background and the principles he uses in life. “Part III: Work Principles” introduces the principles he has developed to manage his firm, Bridgewater Associates.

In case you have not had a chance to read the book, here are some of the highlights on the topic of work that resonated strongly in this part of his book.

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