Are You Willing to Hire People Smarter than You?
Growth Strategies for Small Business
1. - Creating Value, Hiring Value. - It is my goal to be in awe of every person I hire.
I want to see traits in her or him that are more dynamic or more positive than my own abilities in that area, because I know that simply by working with that person, I will be able to grow and the company will prosper, thanks to this continuous reach for improvement.
Bill Gates once said in an interview that the secret to his success was that he hired people smarter than he was, and he’s pretty smart.
2. - Paying Top Earners Accordingly. - Good people don’t take a job just for salary. They take a job for camaraderie, learning opportunity, or because of their career direction. As the CEO, your job is to clearly articulate those elements you offer your employees that are not money oriented, so that you can attract the best of the best talent without necessarily having to pay the highest wages.
In almost every great company I have studied, the elements that recruited the candidates were what led to that company’s greatness. And in every failed company I’ve studied, it was a lack of attention to those elements that led to its failure.
3. - Building a Unified Company Culture. - If you’re worried about how much you make a year as a business owner compared to what your employees are making, you’re being employee minded. You need to be entrepreneurially minded and create a company culture that is also entrepreneurially minded.
To maintain that kind of chemistry, you have to be very selective about whom you bring aboard. A person who brings a condescending air, any kind of laziness, or a hostile attitude to the group can completely destroy the positive atmosphere you’ve worked so hard to create.
Source: hiring.monster
Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.
Growth Strategies for Small Business.
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