Paying your team is a given, but the way you think about it can make a huge difference—for both them and you. If you see your team as just a cost, that mindset won’t get you far. But when you view your team as an investment, everything changes. Dan Sullivan and Jeffrey Madoff dive into why this shift in perspective will be transformative for your entire company.

Show Notes:

If you think of someone as a cost, you’ll communicate that to them.

If someone feels that they’re seen as a cost, they’re deprived of all their creativity.

Creative people compete with other creative people for attention.

If you’re on the receiving end of indifference, you feel taken for granted.

If you’re an owner and founder, your team members are always paying attention to what you say and how you behave.

If you let someone know you see them as a cost, you’ve lost most of their value as an investment.

Just because someone’s successful doesn’t mean working with them is a positive experience.

The top entrepreneurs are collaborative, not competitive.

Every entrepreneur is motivated by either status or growth.

Power is the ability to either produce change or prevent it.

Resources:

Your Business Is A Theater Production: Your Back Stage Shouldn’t Show On The Front Stage

The 4 Freedoms That Motivate Successful Entrepreneurs

The Gap And The Gain by Dan Sullivan and Dr. Benjamin Hardy

The 4 C’s Formula by Dan Sullivan

Learn more about Jeffrey Madoff

Dan Sullivan and Strategic Coach®