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Why You’re Not Training Your Employees (And What You Can Do About It)
One Reason Your Business May be Failing
Small and medium-sized businesses are the foundation of the US economy. It is estimated that over 600,000 new businesses are started each year. If you are one of those 600,000 people, then you understand the challenges faced by new business owners. The complexity of managing the operational side of a business can be overwhelming. As a startup founder, you likely did not think about this complexity at the outset.
As the company grows you likely had to hire people to assist you with different parts of your business. If you are at the point where you have a team of people helping you, this post is for you.
The biggest mistake I see startup founders make is failing to think about failing to balance their time. You simply go to work, working as hard as you can to produce as much as you can. What you don’t think about is leverage.
Leverage is about surrounding yourself with talented people who can make your business better. And having a talented team will free you from the burden of having to do everything yourself. And it is a well-known fact that high-performing teams can help you outperform your competition.
Larger corporations understand this dynamic. So in addition to recruiting talented…
