How to Get the Most Out of Your Team – In Just 7 Minutes with Mads Singers
Learn how to delegate to employees the right way Learn how NOT to scare away high-performing “A-players” from joining your business Find-out the management skills you need to have to lead your team effectively Resources/Links: Learn How To 5X Your Business Without Working 80 Hours Per Week: Get Mads' Free Training: https://www.madssingers.com/ Summary Your people are the biggest asset you have. Their attitude, performance, and body of work can result in the success or failure of your business. The most challenging part of any manager’s job is PEOPLE MANAGEMENT, and this is going beyond just managing. The role is dynamic. Running a successful business requires a good understanding of people and personalities, getting the right people on board in your business building journey, and an ability to delegate to and grow your staff effectively. Mads Singers has more than 10 years of experience in Fortune 500 companies, such as Xerox and IBM, as well as coaching and consulting with online entrepreneurs. He currently owns and leads 3 companies, and managing more than 100 people. In this episode, Mads breaks down exactly how to scale your team to grow your business. Learn how to build and manage a successful team, while ensuring that they operate efficiently on the important tasks that needs to be done to scale and grow your business. Check out these episode highlights: 01:05 – Mads' ideal client: "So, my ideal client is generally business owners who have more than three staff already, right? The majority of my clients right now are online business owners, but because I deal with management in general, it doesn't really matter that much." 01:44 – Problem Mads helps solve: "The problem I solve is really around effective people management." 02:27 – Typical symptoms that clients do before reaching out to Mads: "Really a lot of people struggle with delegation. They end up working 50, 60, 70, 80, 100 hours a week, build themselves into a full-time job." 03:18 – What are some of the common mistakes that folks make before finding Mads and his solution?: "Often they recruit, and a lot of time recruitment, finding the right people for the right jobs can be a little bit difficult." 04:19 – Mads' Valuable Free Action(VFA): "The key thing is if someone comes in and say, "Hey, should I give this guy a refund or not?" You want to ask them first and foremost is, 'What are the options that you see? What are the potential options? What do you think is the right choice?' Because that way you get them to think about the scenario. Make people think.' 05:38 – Mads' Valuable Free Resource (VFR): Learn How To 5X Your Business Without Working 80 Hours Per Week: Get Mads' Free Training: https://www.madssingers.com/ 06:23 – Q: What is the one thing I didn't talk about that's probably the most important thing that people do to make a big difference? A: One of the big issues most business owners have is they don't build a good relationship with a team, right? And actually, having frequent, and I generally recommend weekly, 30 minutes, with every individual who reports directly to you, as a minimum for staff interaction, right? If you don't take 30 minutes per week to actually sit down and talk with the people who are working directly for you, you're missing a big trick. And also going back to what I said earlier with all these questions that come in after you, if people are used to having a weekly meeting with you every week, they often save up a bunch of these questions instead of bombarding you all the time, right? So,