Starting up a business can feel like a glorious feat, especially once you have all of the legal paperwork filed and your business name registered. Once you have the company up and running, you will get into the routine of making sure you oversee all business ongoings each day. Having a tight grip on your company is common as the person who is in charge. However, it is a good idea to have your business advisory service run your company for one week's time. Here are three reasons to have your business advisor act as the company CEO for one week.
They may assess the company differently
One of the major positive outcomes of having a business advisory service is that that they can make an assessment of the company for you from an objective perspective. Based on the outcome of businesses similar to yours and based on getting to know you and your company, they will let you know what type of investment in products and services your company should make. Instead of having them make an outside assessment, offer them the seat of the CEO for one week. They will have a first-hand account of the running of your company and can personalize any advice they give you for the health of your company.
You get the feel for being a worker
Taking your hands off the business for a week's time can be nerve-wracking, but you know that your company will be in good hands. During this seven day span, you will get to know what it is like to be a worker for your company. You will occupy a seat that follows instructions, and you will understand how the management of your company looks from the inside. This will help you to develop a company culture that is good for employees on every level of the business.
Both you and the advisors understand one another
Occupying the same position often allows people to understand one another a little better. If your advisors have been giving you specific advice that you don't understand, you may better be able to identify with the advice once they implement changes while taking over as the CEO. If your advisory board didn't get why you were so interested in one area of your business and not another, they will be able to understand once they have an insider's perspective. Occupying the same roles for one week's time will help you and your advisors understand one another and your goal implementation on a deeper level.