Invest in Your Team

Summary

• As a leader, it's important to identify people with high potential. Look for those who show promise and have the right qualities.
• Invest time and resources in training your high-potential team members. They need to feel nourished and valued to grow.
• People stay not just for the pay; they want to develop and become better. Support them in their personal and professional growth.
• If you can't spot talent or invest in them, you will lose good people.
• Once they are trained, trust them to do their jobs. Avoid micromanaging; it stifles their growth.
• Step aside and let your team members execute their tasks independently. Give them room to prove themselves.

Video

How To Take Action

I would suggest implementing a few key strategies to help your small business or personal growth journey, without spending much money or time.

Identify High-Potential People: Start by looking for team members who show promise. These are the people who are eager to learn, take initiative, and demonstrate a positive attitude. You don't need fancy tools to spot talent – just pay attention to who consistently adds value.

Invest in Training: Provide your high-potential team members with simple, low-cost training opportunities. This could be through online courses, free webinars, or even mentorship from more experienced team members. The goal is to make them feel valued and give them a pathway to grow.

Support Personal and Professional Growth: Show your team that you're interested in their development. This can be as simple as having regular one-on-one check-ins to discuss their career goals and how you can help them achieve those. When people see you're invested in their future, they are more likely to stay and perform well.

Avoid Micromanaging: Trust your team members to do their jobs once they are trained. Micromanaging can make them feel stifled and undervalued. Instead, set clear expectations and then let them meet those goals independently.

Give Them Space: Finally, step aside and let your team execute their tasks without constant oversight. Encourage them to take ownership and make decisions. This not only empowers them but also frees up your time to focus on bigger-picture strategies.

By following these steps, you can build a stronger, more motivated team without breaking the bank or stretching your schedule thin.

Full Transcript

what is your job as a leader okay your job is to one identify the people with high potential you have to have the ability to spot them the second is you have to invest in actually training them they need to be nourished they want to be invested in and they want to grow yes they want to get paid well but mostly they're here because of what they want to do and who they want to become along the way and so if you are not the leader that can help them get there you can't spot them you cannot invest in them then you're going to lose those people third is you have to let them go you got to let them do their thing and you've got to not micromanage and lastly you just get the out of their way let them do their thing