If the answer is no then there is a problem.
What we have is a business culture that requires constant monitoring and micro managing. If someone is an egomaniac, then that is just fine, but for the rest of us who prefer a healthy work-life relationship and frankly a more successful business, then this is not the solution.
So the answer is: Create something self-sustaining.
Set up a business culture that runs itself. Even though the boss is there everyday, the business should run as if he would not have to be there. This concept can be difficult to get it into play initially if the business is already established in its inefficient culture, but with consistency and repetition it will become efficient and almost enjoyable.
One thing that helps to develop a self sustaining culture is: ensuring that no one is irreplaceable.
In some ways, you almost want the staff to be constantly training someone else to “replace” them at any time; by doing this the business will be able to function no matter who is there.
Often times people think they make themselves more valuable when they ensure that they and they alone can do their job; however, the opposite is actually the most valuable. An employee who trains up others to do what he/she does and continues to learn themselves is practically indispensable.
This indispensable employee is also much more likely to be invested in and promoted more quickly.
Train your staff to always be encouraging and training those around them so that everyone can be covered (within reason) when or if need be; and in this way everyone has become indispensable.