One of the most important things that must be learned as an entrepreneur is how to delegate tasks. As the CEO of the company, your time is best spent focusing on the advancement of the company and not running day-to-day tasks. In order to do this effectively, you must first figure out what needs to be delegated. Once that is decided, it is important to have someone to teach the delegates how you want the tasks completed and appoint someone else to oversee all of these tasks so you do not have to supervise.