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  • Writer's pictureDel Chatterson

Lonely at the top

Lonely at the top

It doesn’t have to be

You could be proud of the fact that you are all alone running your business. You could be constantly complaining and feeling sorry for yourself. Or you can make different choices. It can be lonely at the top, but it doesn’t have to be.

Sharing your challenges and looking for solutions by confiding in family, friends or employees may not be enough. In fact, some of the issues may be caused by family, friends and employees and you have already learned that sharing with them is not always helpful. You need knowledgeable, experienced, objective input from outside that inner circle. You cannot possibly consider all the viable options and develop the best solutions in isolation.

So how do you expand your circle of confidants to break the cycle of struggling alone looking for better answers?

Consider these options, which have worked well for other independent business owners:

  1. Use professional advisors – your accountant, lawyer, business consultant.

  2. Hire a mentor or personal coach.

  3. Recruit an advisory board.

  4. Join a peer advisory group of similar, but non-competing businesses.

  5. Select trusted strategic partners – banker, customer, competitor or supplier.

You do not have to be alone at the top.

Be better. Do better.

Your Uncle Ralph, Del Chatterson

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