Could you step away from your business for a month? A week? A day? If the answer to any of those scenarios is “no,” then you’re not running a business; you’re stuck with a job. Chyle Edic, owner of Efficiency-Edge, LLC, helps owners of small-to-medium-sized organizations break their micromanaging habits and shift their attention to growth and, possibly, a vacation. Jason caught up with Chyle to discuss the operational miscues and employee issues that keep owners from realizing their company’s ultimate potential and how tools like Entrepreneur Operating System (EOS) can deliver targeted, financially rewarding improvements.
“The biggest conversation I usually have is that first conversation of do you understand what’s holding you back? And, it’s usually themselves,” observes Chyle, who is acutely aware that owners must navigate difficult emotions in response to this line of inquiry. But shame isn’t Chyle’s goal. Instead, it’s clarity. “I’m trying to diagnose what’s making you have to be in this every single day.”
Chyle honed his analytical skills as a systems architect for big-name software companies and several start-ups before launching Efficiency-Edge in 2024. “I worked for all these multi-hundred-million-dollar companies for decades, and I realized that smaller companies really didn’t have these tools,” he says. “EOS gives that, and in a very elegant way.”
Owners who struggle to delegate tasks end up costing their companies more than money. Their shortsightedness contributes to substandard processes and issues with team member accountability. “You’re the bottleneck,” concedes Chyle. “You’re still a technician, not really an owner and a strategist.”
Efficiency-Edge identifies these gaps, creates avenues for improvement, and outlines expectations so that employees feel empowered to contribute to the bottom line. But giving up control comes at a cost. Someone else might perform the task differently––or better. Then there are the upfront financial considerations. “People oftentimes say putting in the infrastructure, investing in it, takes up too much time,” says Chyle. “But the problem is, they don’t calculate the return on investment that that brings as opposed to doing it themselves all the time.”
Wouldn’t you rather spend your time and money on growth?
MENTIONED IN THIS EPISODE
Entrepreneurial Operating System (EOS)
Delegating To Reclaim Your Time
The Distribution Team Speaking Programs: Do You Own a Business or a Job? (PDF)
Owner-Dependent? That’s Not a Sellable Business
RECOMMENDED EPISODES
Do You Own a Business or a Job?
Inside the Bader Family’s Distribution Origin Story: Revisiting Dick and Jordan Bader Part 1
QUOTES
“Oftentimes, our owners started businesses, and the owner gets so dragged down into the weeds that they can’t see the trees.”
“If you are involved in every transaction, then that’s a bottleneck.”
“I think most people think money can be a driver for everything, but I don’t agree. And, there are studies out there that show there’s other mechanisms that are much more effective than money.”
CONNECT WITH JASON
CONNECT WITH CHYLE
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Distribution Talk is produced by The Distribution Team, a consulting services firm dedicated to helping wholesale distribution clients remove barriers to profitability, generate wealth, and achieve personal goals.
This episode was edited by The Creative Impostor Studios
Special thanks to our sponsors for this episode: Profit2, helping distributors charge the right price; and INxSQL Distribution Software, an integrated distribution ERP software designed for the wholesale and distribution industry.
