Chapter 6: Pick Pumped up People

One of your main business strategies, irrespective of the industry in which you compete, should be to test many relatively inexpensive business ideas quickly. The ones that pass your tests can be reinforced and taken to the next level. Herein is a great opportunity to begin scaling your operation by hiring and training associates to oversee every unique business unit or project, given you have studied and standardized many of your processes and have prepared training programs in advance.

After the training process, you need to supervise and review your managers and their progress. Over time, they should become mini-profit centers unto themselves and train others below them, as you have to them.

In this way, you are developing scale to your organization and being paid for more work than you could ever possibly do on your own, as you are personally earning a portion of the profits that are generated from the hard labor of all your associate employees and those they hire. And since they too should get paid well, they will be happy to keep producing for themselves and you, while further propagating your company’s strategy.

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25