The KeyHire Small Business Podcast
Text us your comments or topic ideas for future shows. [https://www.buzzsprout.com/2518091/fan_mail/new] If your to-do list never gets shorter, this episode is for you. On this episode of The KeyHire Small Business Podcast, Corey Harlock sits down with Kelly Lorenzen, CEO of KLM Consulting, Marketing, and Management, a firm with 24 years of experience helping family owned businesses start, grow, and scale. Kelly introduces her CODA method, a practical framework for helping business owners identify what they should keep, outsource, delegate, and automate so they can finally step into the role of true CEO. The conversation opens with a striking statistic: 75% of entrepreneur business owners have limited to low levels of delegator talent, according to Gallup, and 42% of small business owners experienced burnout last year. These numbers set the stage for a discussion about why so many owners end up trapped doing work they should have handed off long ago, and what it costs them. Kelly walks through the CODA method step by step. K is for the tasks only the owner can truly do: hiring decisions, culture, key partnerships. O is for tasks that should be outsourced to fractional experts, a fractional CFO or a fractional CMO, people who can do the work faster and better at a fraction of the cost of a full time hire. D is for tasks that can be delegated to the existing team, often to people who have been quietly waiting for the chance to step up. And A is for tasks that can be automated entirely, using the AI and operations tools now available to even the smallest businesses. One of the most practical ideas in the episode is how to build the delegation infrastructure. Kelly recommends creating video SOPs by recording yourself doing the task, on Zoom, on a phone, wherever it happens. That library becomes the training foundation for every future hire, so the work gets done the right way even when the owner is not in the room. Corey and Kelly also dig into the mindset challenges that make delegation so hard. The type A personality that builds a business is often the same personality that refuses to let go of it. The 80-20 rule applies here: someone else doing something 80% as well as the owner is still getting it done, and with time, coaching, and the right system, that person may get to 100%. The episode closes with Kelly's practical advice for getting started: pick one major thing that would relieve real pressure, find the right person or partner to take it, and then keep going, one item at a time, one week at a time. The goal is not to hand everything off overnight, it is to build enough momentum that the owner wants to keep clearing the list. If you are a small business owner who is doing too much, wearing too many hats, and wondering why you started this thing in the first place, this episode gives you a clear path forward. KEY TAKEAWAYS * Most owners aren't wired to delegate: 75% of entrepreneurs have limited to low delegator talent and 42% of small business owners burned out last year, and the CODA method (Keep, Outsource, Delegate, Automate) gives owners a structured way to figure out what to keep and what to hand off. * Do what you love and outsource everything else: pick the tasks you dislike, are slow at, or that drain your energy, and give those away first rather than trying to hand off everything at once. * Record yourself doing the job before you hire someone to do it: video SOPs, recorded on Zoom or a phone, become a training library so new hires can do the work the same way even when the owner isn't in the room. * Mismatched delegation breaks good employees: handing someone two roles that use opposite sides of their brain, like accounting and social media, sets them up to fail at both; the fix is aligning tasks with what each person is actually good at, even if that means shifting duties across several people. * The 80-20 rule makes letting go easier: someone else doing a task 80% as well as the owner still counts as done, and with coaching and time they can get to 100%; expecting perfection on day one is what causes owners to snatch tasks back. * Start with one thing, not everything: pick the single task that would relieve the most pressure, find the right person or partner for it, and keep working through the list one item at a time instead of trying to overhaul everything at once. LINKS & RESOURCES Connect with Kelly Lorenzen: https://www.duplicatemyself.com [https://www.duplicatemyself.com/] Connect with Corey Harlock on LinkedIn: https://www.linkedin.com/in/coreyharlock/ [https://www.linkedin.com/in/coreyharlock/] Learn more about KeyHire Solutions: https://www.keyhire.solutions [https://www.keyhire.solutions/] Subscribe on Apple: https://podcasts.apple.com/us/podcast/the-keyhire-small-business-podcast/id1643962763 [https://podcasts.apple.com/us/podcast/the-keyhire-small-business-podcast/id1643962763] Subscribe on Spotify: https://open.spotify.com/show/1FT9oqXSek3jMfiKrZPLQs [https://open.spotify.com/show/1FT9oqXSek3jMfiKrZPLQs] EPISODE CHAPTERS * 0:00 – Introduction: the stats on delegation and burnout * 2:29 – What the CODA method stands for and how it works * 4:54 – Why business owners get addicted to chaos instead of their product * 7:26 – Overcoming the mindset that makes delegation so hard * 10:05 – How to run the CODA method with your own team, step by step * 11:47 – Building video SOPs so the work gets done without you * 14:48 – The delegation mistake that breaks people: mismatched duties * 21:24 – Deciding what to truly keep, and taking the elevator to the C-suite * 23:26 – The 80-20 rule and giving people time to get to 100% * 28:05 – Kelly's advice for getting started with delegation
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