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Empowering Employee Retention Through Shared Visions
This chapter explores strategies for employee retention by aligning personal and corporate visions. It highlights the importance of regular check-ins to foster a supportive culture that values individual achievements alongside business goals.
As you start growing your company, you need the right people on your team. Even if you're the CEO, you can’t be the only one leading the company’s direction and strategy. You need a strong team of A-players to challenge your ideas and contribute new ones.
Building a strategy should be easy when you have the right people in the right positions. Attracting and retaining top talent is the challenging part. Hiring can be tricky, and sometimes, it can feel like you may never find the right fit.
Join Over 5,500 Franchisees and Franchisors in our FREE Private Facebook Community HERE: https://www.facebook.com/groups/franchisesecretsfb?_rdc=1&_rdr
In this episode, Erik discusses the process of recruiting and keeping A-players with Mike Michalowicz. Mike is a keynote speaker and business author of multiple books, including Profit First and All In. He has built four multi-million-dollar companies and sold two of them–one to private equity and another to a Fortune 500 company.
His extensive knowledge and insights have empowered countless individuals and businesses worldwide to achieve unprecedented levels of profitability and growth.
His new book, All In: How Great Leaders Build Unstoppable Teams, guides today's conversation. If you are currently hiring or just pooling for talent, this episode will give you a unique perspective and great insights.
“The number one thing that all business owners can do is hire a personal assistant and have them be your frontline. If you don't have a personal assistant, you are hobbling the company.” - Mike Michalowicz
In This Episode:
- How great companies attract A-players
- Making your search more specific
- How local companies can find potential team members
- Hire for potential, not for experience: What does this mean?
- Free tools and resources from Mike
- How to retain good employees
- Why leadership and relationships are important
- Why taking extended vacations is a must for leaders
- How to raise the bar and empower employees to step up
- Why micromanaging and being always available are not good practices
- Why should you hire a personal assistant?
Resources:
🌐 Consult with Erik - https://form.jotform.com/222685728939070
🌐 Want to buy a franchise? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617
🌐 Want to franchise your business? Connect with Erik here - https://forms.gle/n4JedEuU5p7asE617
🌐 Franchisees and franchisors find proven tactics and strategies to scale YOUR businesses https://scalablefranchise.com/
🌐 Get the Free Tools from Mike Michalowicz - https://mikemichalowicz.com/get-the-tools/
Connect with Mike Michalowicz:
💼 LinkedIn - https://www.linkedin.com/in/mikemichalowicz/
🌐 Website - https://mikemichalowicz.com/
Connect with Erik Van Horn:
🌐 Website - https://franchisesecrets.com/
📷 Instagram - https://www.instagram.com/erikvanhorn/
👍 Facebook - https://www.facebook.com/erik.v.horn/
💼 LinkedIn - https://www.linkedin.com/in/evanhorn/
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Listen to the best highlights from the podcasts you love and dive into the full episode