Stop Trying to Do Everything Alone: The Million-Dollar Lesson Most Entrepreneurs Miss

Why Collaboration Might Be Your Business's Missing Puzzle Piece

Author

Stoy Hall, CFP®
January 15, 2025

The gold standard of business news

Morning Brew is transforming the way working professionals consume business news.

They skip the jargon and lengthy stories, and instead serve up the news impacting your life and career with a hint of wit and humor. This way, you’ll actually enjoy reading the news—and the information sticks.

Best part? Morning Brew’s newsletter is completely free. Sign up in just 10 seconds and if you realize that you prefer long, dense, and boring business news—you can always go back to it.

Let me ask you something - when was the last time you felt completely overwhelmed in your business? You know, that moment when you're wearing all the hats, juggling all the balls, and wondering if this is really what success is supposed to feel like?

I recently had a game-changing conversation with Tanya Fox that made me rethink everything I thought I knew about business growth. Here's the thing - she started her business before Google even existed (wild, right?) and has built multiple successful companies since then.

The Truth About Going Solo

You want to know the biggest myth in business? That successful people make it on their own. As Tanya put it:

"No wealthy person has done it themselves. Don't care what they say or what you hear on the internet. It is impossible to have a team doing something. They're not doing everything."

Ouch. That hit close to home, didn't it?

Your Secret Weapon: Strategic Collaboration

Here's what nobody tells you when you start your business - collaboration isn't just nice to have, it's essential for growth. But here's the cool part - it doesn't have to be complicated. Tanya shared:

"It can be as simple as having somebody come and clean your house and you do the books for them. Or it can be something as small as writing an article together."

Quick Win Strategy: The Two-List Method

Want to start right now? Grab a piece of paper and:

  1. List everything you're amazing at

  2. List everything you hate doing

Those tasks you hate? That's your collaboration shopping list. Those are the opportunities to partner with someone who actually loves doing what you dread.

The Surprising Power of Letting Go

Check this out - sometimes the best business move is knowing when to let go. Whether it's:

  • Outgrowing clients

  • Shifting directions

  • Ending partnerships

  • Moving to new opportunities

As Tanya says:

"If a client outgrows me, that's amazing. And I get really excited. I'll send them a cake and I'll be like, 'Oh my God, we're breaking up. It's so exciting.'"

Your Next Steps

Ready to transform your business? Here's what to do this week:

  1. Make your two lists

  2. Identify one task you can delegate or collaborate on

  3. Reach out to someone in your network

  4. Start small, but start now

Remember this golden nugget from Tanya:

"There will always be somebody who cannot see your worth. Never let that person be you."

Final Thought

Look, I get it. Asking for help isn't easy. But here's what I've learned - the most successful people aren't the ones who do everything themselves. They're the ones who know how to build and leverage the right relationships.

Ready to stop doing everything alone? Let's connect. Hit reply and tell me: what's one task you'd love to hand off to someone else?

Reply

or to participate.