4) Delegation Leads Employees to Develop More Relevant Skills
As mentioned, delegating tasks to the right employees allows them to develop skills directly related to your business. Having more skilled employees correlates to productivity and company growth. Not only will they be able to take many tasks off your hands as a business owner, but their aptitude for the job as a whole will flourish. As your to-do list decreases, you can focus more on ways to help your business grow.
As they develop more skills related to your business, their ability to think critically and provide strategic ideas often increases as well. Team members will transform into valuable business assets that positively impact your company's bottom line as they move to accountability and task pride of ownership.
Remember, while not always easy for a business owner to let go, the benefits add to your mental health and life satisfaction as well. Your mantra, guide and teach not do.