I have been an entrepreneur for most of my life, having started eight businesses along the way.
As a result I have developed some firm thoughts on how to run a business.
USE “THE TEAM APPROACH”– The team approach is better than a dictatorship. It allows the employees to get involved and feel they are a part of something.
RESPECT YOUR EMPLOYEES- If the boss wants respect from the employees, respect must be given to them.
PRAISE IN PUBLIC- Praising an employee in front of other employees can be a teaching opportunity.
CRITICIZE IN PRIVATE- Don’t embarrass or humiliate someone with a reprimand in front of others.
DON’T PLAY FAVORITES-The fastest way to crush morale is to favor one employee over others.
FAIR PAY FOR A DAY’S WORK- Fairness begins with how employees are compensated for their efforts.
These 6 simple rules will be a win-win for everyone!
If not today, when?
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