Small Business Survival Conversations

Episode 18: How to Manage Your Small Business as a Team


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Today Dr. Michael Troyer and Anna Steinfest will explain how to manage your small business as a team. In 10 minutes you will learn:
What makes a Team important and valuable?

  • Benefits of Teamwork 
  • Higher productivity 
  • Better alignment of tasks and focus 
  • A company that grows offers more opportunities for team members to grow as well 
  • A more satisfying place to work 
  • A place where on Monday your excited to get back to work and on Friday your happy to have the weekend ahead 
  • Strategies to Achieve Teamwork 
  • Engage – treat everyone as having value to you 
  • How to: Ask, Invite, Listen, Respond  
  • Make the Purpose of the Business Clear – Help everyone to see their role and their fit in the team 
  • Recognition  
  • Being in on Things  
  • Be a willing role model to team members

“Leaders eat last”

“Leaders clean up first”

  • Build a Team to support the Small Business – even more important when resources are limited 
  • Differentiate between a group versus a Team


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Small Business Survival ConversationsBy Anna Steinfest

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