Business Principles Taught By A Business Coach

This business coach teaches proven principles to achieve success in your business.

Business Coach Booming Business Foundational Principle #4 – Human Resources Team

I’ve built a lot of my success off finding these truly gifted people and not settling for B- and C-players, but really going for the A-players…I found that when you get enough A-players together, when you go through the incredible work to find five of these A-players, they really like working with each other. Because they’ve never had a chance to do that before. And they don’t want to work with B- and C-players and so it becomes self-policing and they only want to hire more A-players. And so you build up these pockets of A-players, and it propagates.” -Steve Jobs (The co-founder of Apple and the legendary former CEO of Pixar who led the company to massive commercial success and critical acclaim)

It’s super important that you build an A-level team and this Booming Business Foundational Principle encompasses everything you need to know to recruit, interview, hire, on-board, train, assess, pay, inspire, and even fire members of your team. This area of focus area includes employee procedures, process, manuals, documents, and the legal aspects of hiring and working with employees.

“MANAGING STRICTLY BY NUMBERS IS LIKE PAINTING BY NUMBERS. Some things that you want to encourage will be quantifiable, and some will not. If you report on the quantitative goals and ignore the qualitative ones, you won’t get the qualitative goals, which may be the most important ones. Management purely by numbers is sort of like painting by numbers—it’s strictly for amateurs.-Ben Horowitz, author of The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers (Self-made billionaire and founder of Opsware, which he sold to Hewlett-Packard for $1.6 billion cash. He is a high technology entrepreneur and co-founder and general partner along with Marc Andreessen of the venture capital firm, Andreessen Horowitz)

As a business coach, I know that to grow a business, at some point you are going to need to recruit employees who are diligent, talented, and coachable. At the end of the day, your company’s strongest limiter and overall throttle on your growth will directly relate to your ability to recruit, hire, on-board, assimilate and coach diligent, talented and coachable people. If you don’t master the art of hiring, inspiring, training, and firing employees, you are going to “end of up living in a van down by the river” or at the very least, trapped inside a business vehicle from which you cannot escape without your business collapsing in the vacuum of your exit.

“You are going to end up living in a van down by the river.” -Chris Farley (Chris said this while playing a fictitious motivational speaker by the name of Matt Foley during a Saturday Night Live sketch comedy)

Buisness Coach Teaches The 22 Core Tasks of Your Human Resources Team

Determine your company’s overall HUMAN RESOURCES SCORE by rating your business on a scale of 1 to 10 in the following 22 areas with 10 being the highest.  This scoring system can be found at www.Thrive15.com/HumanResourcesTeamScore

  1. A description is in place of your ideal job candidate
  2. You know what job-posting platforms your company is willing to invest in (Monster.com, Craigslist, Indeed, etc.)
  3. You have an initial contact email for your first contact with a prospective employee.
  4. A script is in place for your initial phone contact with a prospective employee.
  5. An effective job interview outline / script is in place
  6. An effective job shadowing process has been developed
  7. An onboarding checklist is in place, including a list of all documents needed
  8. A non-compete agreement has been created
  9. A team compensation plan has been developed
  10. A team benefits plan has been developed
  11. Staff evaluation forms have been created
  12. Weekly standing team huddle meeting are scheduled
  13. A detailed employee handbook has been created
  14. A well-defined employee onboarding process is in place
  15. A skill mastery checklist document has been created
  16. A consistent employee training program is in place
  17. A formal employee write-up policy is in place
  18. An employee point system for disciplinary actions is in place
  19. A consistent employee evaluation checklist has been created
  20. A quick exit process for staff who must be fired has been developed
  21. An organizational chart has been created
  22. A company values document has been created

To download templates of the 22 Core Tasks of Your Human Resources Team, visit: www.Thrive15.com/HumanResourcesTeamTasks

Business Coach Booming Business Foundational Principle #5 – Management and Leadership Team

The last business foundational principle I’m going to cover in this book concerns the area of your management and leadership team. The vision and overall direction the company is headed must be clearly set in this area. Undoubtedly, this will be the last area of your business that you decide to delegate because this business is your baby and you have been sacrificing massive quantities of time and money to build it. Once you build a business that is growing year after year because of the scalable systems that both you and your team have built, it is certainly attractive to potential buyers.  But why would you want to sell your business? Some owners want to sell and some do not. The main truth I want to sear into your cranium is that when you build a duplicable business system, you can work as little or as much as you want. You can stay committed to growing your business until the very last day of your life or you can retire and “drop the mic.”

I decided to sell www.DJConnection.com years ago because doing so would allow me to achieve all of my financial goals and because I’ve never really had an aspiration to become a DJ. I became a DJ because I knew that I could start and grow a successful entertainment company, based upon my experience as a young middle school student. Growing up with very limited financial means, my goal was always to make copious amounts of money so that I could do whatever the heck I wanted. Today, my goal as a business coach is to mentor millions of people like you who need to know what they need to do to start and grow a successful company; these people are willing to put in the work, they just don’t know where to start.

December 8th, 2017

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