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The people on your team are your only irreplaceable asset. Your culture is only going to be as strong as the team member you treat the least congruently. You want absolute transparency and confidence in everyone that you work with. Be intentional in your hiring process and you will see a group of people around you who are excited to build your business and you will feel the momentum of having a cohesive team all driven in the same direction.
As a business owner, it's always our goal to have the biggest impact, the biggest influence, the biggest effect we possibly can on our clients. Dwight Pecora runs a dental practice where they were doing exactly that. However, they ran into a massive brick wall when they were trying to grow and scale their business. It takes a motivated, visionary entrepreneur to create the extreme growth discussed in this podcast and Dwight Pecora is just that!
Do you feel like you're always putting out the fire you just had, like you're always solving the problem that just went by? Until you put a strategic planning process into your business, this will always be the case. When you have a process and everyone in the organization knows exactly where they're going next you can't help but create massive momentum. Are you making the progress you want?
To be an entrepreneur takes creative thinking and intuition. Intuition is an incredible thing. But if you rely solely on your intuition to build your business rather than using process, you're going to come undone. In business the more we can commit to process the more consistent the outcomes will be. Maybe the next step for you to making the impact you know you're destined to make is to step away from intuition and into systematic, process-driven decision making.
I've worked with entrepreneurs for over 20 years and one thing I can tell you is that you need systems in your life that will help you ask for help. We have a hard time seeing where we need help let alone reaching out and asking for it. It doesn't matter what you do, if you want to do it at the highest level you are capable of, you need to be able to take care of yourself.
The toxic top producer will destroy your team faster than anybody else. When you have a top producing team member that's treating other people in a negative way and you don't stop it happening, you're telling your team firstly, it's acceptable behavior and, secondly, if you are a top performer it's okay to be a jerk. This will destroy trust amongst you and your team and rob you of momentum. You cannot leave a person in place who is working against you and your culture.
I've just finished an incredible day at the Billionaire Code Summit and I'm catching up with a client of mine, Brad Gibb. He's going to share with you why the systems we use make you a better leader but maybe not in the way you would expect.
It's the mark of an excellent organization when you know what you're doing, everyone on the team knows where they're going, and everyone feels that they play a part. When your team has clarity, it's crazy how fast they'll go. One of the tools we use to align teams is the Waterfall. It's a dynamic document that essentially acts as a 30-day strategic plan. It ensures you maintain momentum and gives you clear direction. The Waterfall is the single most important document in my company and it may become the single most important in yours.
To be a successful entrepreneur you need to figure out where your pinch points are. What is getting in your way and stopping you from moving forward? Ask yourself, do you have a strategic plan? Do you know where your company is going and what you're going to do next? Until you do, you have to accept the fact that you are purposefully your company's biggest bottleneck.
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