Job promotion that I can't handle, what should I do?

[Anonymous]

I've recently have been promoted at my work. I work for a Toyota dealership, my previous position was used sales manager, I only took care of the sales for the used cars. While I was at this position, I managed to make the used cars department larger by implementing a strategy that I discussed with the owner before I was hired. The strategy worked and caused a 70% increase in used cars sales within 2 years.The owner was impressed, So, he promoted me as the General Manager, my duties are to control the Used sales, New car sales and the service department. The dealership holds 640 cars, so I assume you can image the work that I have taken on. I've experienced a high pay increase as well :). But the tasks that I have to do are challenging me, I feel very pressured and I am scared of failing. Just thinking about failing, makes me go crazy, I have a very good relationship with the owner. The owner repeatedly mentioned that I am operating a business that is worth 80 million dollars, which puts even more pressure on me. I've thought many times to confront the owner and inform him that I am not ready for this position, but I am not sure if that is a good idea. So What I am asking GAG users is, what would you do if you were in my position? What did you do in the past when you have taken tasks that you feel unsure of accomplishing?

Thanks in advance.

[brettb]

Well with a new job will come new stress. And especially if its brand new. But a promotion is a different level of stress because expectations are already placed on you since you know the job, the duties, standards, procedures, and you have a high responsiblity to accomplish at the job. And especially being a GM for a Car dealership. Employers aren't and cannot expect perfection right off the bat. They understand that people will make mistakes but the glory of it is how you leanr from your mistakes. Your boss will be there to assist you and guide to becoming a successful GM and worker. If he wasnt, then he needs to prioritize a bit and understand work ethics. I would give it some more time and see if you can get mroe comfortable with the newly obtained position. If you still cannot handle it after a couple months, just tell him that you are not ready for this type of promotion yet. He's not going to fire you if you say that you are uncomfortable in the position you arre in especially with all the benefits that you brought to the table and helped a dynamic company grow.

[learningthegame16]

Perhaps you should suggest to your boss that you get an assistant/partner to cope with such a large load? If you emphasize that an extra pair of hands will help the business (by allowing your attention to be focused specifically on problem areas) I imagine they would be willing. Just an idea.

Congrats on the success BTW.