Friday, October 19, 2012

Another mistake Entrepreneurs make



Another mistake Entrepreneurs make

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 As a business owner there is often the temptation to recruit family members or friends on the basis that they are a known quantity.
This may fill short-term needs, but it is rarely a sustainable long-term position.
In a young business, you really need employees who are going to perform and add value. If they fail to do that you will have to take decisive remedial action. This is never going to be easy if you have recruited family and friends. Your sense of loyalty may let you run with situations for far too long, before the inevitable happens. This is damaging to your business and also to your personal, intimate relationships.
You need to recruit from the perspective of employees who have the character, attitude and experience your business needs to grow from here to there. This is the way you will move towards and break through to the next levels of success. You need to build your business on a solid foundation, otherwise you will be in a constant cycle of remedial action which will inhibit growth.

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