The EntreLeadership Podcast My Loyal Employee Can’t Do the Job (Should I Promote Him?)
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Sep 22, 2025 A leader grapples with promoting a loyal but underqualified employee, exploring the balance between loyalty and capability. A business owner seeks counsel on reducing tax liabilities, debating whether to buy equipment or pay off debts. Dave shares personal insights on overcoming loneliness in leadership, highlighting the value of peer support. Additionally, the discussion touches on profit-sharing strategies to motivate teams while ensuring a fair compensation structure.
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Set Clear Promotion Criteria And Trial
- Write a detailed list of every responsibility and skill needed for the promotion candidate.
- Use a 30-day coached trial with real tasks to judge progress and train toward a one-year goal.
Coach Behavior, Don't Excuse Poor People Skills
- Coach behavior you need and distinguish style from lack of people skills.
- Tell him directly if his ingrained style prevents him from doing the job; that's untrainable.
Don’t Buy Stuff Just To Save Taxes
- Avoid buying unnecessary assets just to lower taxes; write-offs are partial savings.
- Consult your tax pro about depreciation rules and prioritize paying personal debt before reinvesting profits.