Letting others ‘do the do’ is the Key to Successful Leverage
By admin on Apr 21, 2008 in Get Rich Guide, Featured
Businesses are set up each day and just as many are lost. Most small business entrepreneurs really go through extremely short life cycles. I won’t throw the all-too-common statistics around but you’d know this much that it isn’t really easy to set up a business and run it successfully and businesses fail all the time.
Why are we talking about business here? Because that is the patented way of being rich, that’s why!
Now, back to the point — buisnesses fail and it almost always due to the entrepreneurs lack of being open to learning; inflexibility in attempting brave new things and innovating. Well, all of these are big points to talk about in some nice business centric blog. We aren’t here to talk about that. Instead, we will talk about a simple thing that needs to be done. Might not be a good job, but it is extremely important.
So what is so damn important? Training!
In business that aims to FREE its owner of the hard work later and let him enjoy the fruits of his/her labor, leverage is everything. The ability to ensure that people ( your employees) work for you in a consistent, proven and reliable manner — in line with the systems you should have worked to create — such that it frees you from a lot of grunt work in trying to catch up with clients; do customer service; answer their questions; cater to their demands, etc. All of this takes up loads of time and that is one thing you don’t have, not to squander, at least.
Here are a few pointers on how to get it right :
1. Train ALL your employees, new or old : Some of the old timers tend to escape the training bit. They might claim to know everything — not done. Each employee has to go through a set training module so as to ensure every one is on the same page and are headed towards common business goals — Your goals.
2. Train them to be better than you are : That’s right and this is one of the secrets the rich never tell you. You must ensure that you pick people who are smarter or better than you are and then train them to be even better. These will be the ones who might spear head your business and manage it while you are away enjoying the fruits of your labor. Treat them with love and care and see what they do for you.
3. Training consistently and repeatedly : People quit, new people come. The ones you are training or have trained already might not have gotten it quite right the first time. You will train them again and you will not stop until they do their job efficiently or if you could manage to make even training an automated or self-managed affair in your business — which is indeed a brilliant thing to do.
4. Training is your responsibility: In spite of all the efforts you put in trying to get people up and running towards your goals, you will be increasingly frustrated about their apparent lack of motivation. It is your job to figure out what they want and give it to them. lack of motivation can be a complex subjec tto handle and you might want to ask experts to do the necessary programs to get them back; to rev them up. But it is your responsibility, nevertheless.
This is one of the pillars of the foundation to get rich. It is sure hard work andif someone said it was easy, they were kidding.
If you don’t want to do any of this, you know what you need to do, don’t you?

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