As a business owner, two of your most important assets are your employees and your leadership team. Here are five common mistakes that business owners make when building their team.
Topics: Leadership, People, Accountability Chart, Team Health
“I Bought The Business, But My Dad Won’t Let Me Run The Place”
Written by Sara Stern on October 4, 2019
Recently, one of my clients started using EOS® after he bought a business from his dad. After the purchase was completed and the money deposited in the bank accounts, his dad left to retire in a warm climate. But it wasn’t long before he returned, figuratively flying in the window of the business, dumping on everything, then flying out again. My client called it “Seagull Management.”
Topics: Business Owner, Leadership Teams, Business
Many of my clients talk about the struggle they’re having with getting agreement on their team. They say things like “my team is just not on the same page” or “I need to build consensus with my staff.” When I hear this, my answer is always the same: you don’t need agreement, you need commitment. Here’s what I mean…
Topics: Leadership, Commitment, decision-making
As you may know, I’m writing a new book to help entrepreneurs-in-the-making get a huge jump-start on taking their entrepreneurial leap. It’s called Entrepreneurial Leap: Do You Have What It Takes to Become an Entrepreneur? and comes out on October 15.
While writing the book, I had an a-ha moment that may help you. In one of the chapters, I teach future entrepreneurs how to avoid the eight mistakes that most entrepreneurs make during the start-up phase of their businesses.
Topics: Leadership, Entrepreneur
In a recent EOS® Quarterly Meeting, the leadership team was proud to report that they had completed each of the ten Rocks (key priorities) that they had committed to getting done. They had gotten close in previous quarters, always exceeding the goal of 80% completion but this was their first “100% quarter”. In fact, I’ve conducted hundreds of sessions with leadership teams over the years and none has ever completed all their Rocks. So, I asked the Integrator and his team, “What did you do differently this quarter to complete all your Rocks?”
Topics: Leadership Teams, Meetings, Rocks