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Fire unproductive people.

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Written by   4
1 year ago

As an entrepreneur you have to think only on whats the best for your company. And make an effective and efficient strategy. Business with clear and solid strategy are prepared to win. Part of being an effective entrepreneur is finding and choosing the right business partner and the best talents to accomplish your desired business goals. Especially if you have few resources to attract and compensate workers. Great entrepreneurs find the right people to make their dreams for their company.

There are two types of entrepreneur when it comes to finding, choosing and keeping the best talents for their company. The first one is the weak type of entrepreneur and indecisive on personnel decisions. Such a person is desperate to find a business partner, contractor, or employee, accepting practically anyone without the proper due diligence. The second one the ruthless type of entrepreneur, strong and resolved, in pursuit of good people and committed to finding good team members

Lets think of a situation where you are an aspiring entrepreneur. You are finding great personnel for your company. Lets say that you have two applicants for the position you are searching for. Which is the manager's position. The first applicant is actually your nephew he is good but not great enough to fit for the position. He has ideas but its not that brilliant to empress you or to improve your business. The second applicant is someone you someone you do not know, but has an excellent background and is perfectly suit for the position. He has the skills you are searching for , and has great ideas that would eventually help your company boost. But since you are favorable to your nephew, so you hired him instead of the second applicant. At first your nephew is good, he has good ideas but later on he became unproductive and lost his excellence on handling his position.

As an entrepreneur how would you handle this kind of situation? Well it is very simple to handle this. Upon choosing the right and the best talent for your company you have to be the second type of entrepreneur, the ruthless but wise one. Fire your nephew immediately because he is unproductive. Just like the article 8 said, Business comes first, family second. Entrepreneurship is independence and flexibility to priorize your own company's sake and personnel should always be at first. That way especially for young company, forming a team and hiring best employees is hard. So, once you find great people your problem for your company will be lessen and would eventually put your company at the top and their is a bigger chance for your company to prosper. Entrepreneurs and leaders of small companies must be committed to always looking for great talents. Accept only the best people for your company. Hire only the best talents that is above your average preference. If you notice your personnel is unproductive and ineffective then fire him immediately.

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Written by   4
1 year ago
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