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- Building a Cohesive Team - Part 01
Happy Memorial Day everyone, I hope you have/are having/had a great day!
Just to introduce myself, hi my name is Shereece (SAW) Williams, I am by no means an expert. The closest I came was owning several solo businesses and spending 6 months training to become a business success coach in 2023.
All through my business life I've come upon problems and did not readily find solutions that were easy to implement, then I realize something major is wrong… 20 years ago when I started, 8 out of 10 businesses failed in 10 years. When I checked recently it is now 7 out of 10 businesses, so something is definitely wrong with all the books, courses and information that's available out there as they have NOT solved the biggest problems yet. This is very odd. THERE MUST BE A BETTER WAY!
I'm not saying I have all the solutions, far from it. I just happened to notice a few things that I want to bring to your attention in hopes that you don't make these same mistakes…
Essentially, these are notes to myself that I’m sharing with you.
Oh… there are 6 things/topics that I focus on.
With that said, let's get going.
Oh. Here is a link to a brief overview (in PDF format) of a 5-Day Business Start-Up Challenge I’m putting together to attract new subscribers to this Newsletter. Ideally you would have gone through it before getting this newsletter.
(I think I need another name for it - What do you think?) SuSGs_Challenge_05-2024_v1.pdf https://drive.google.com/file/d/1cvSKfKMyk07vU8q418LDuNNNFmss79TH/view?usp=drive_link
Theme for this newsletter: Building a Cohesive Team - Part 01
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(1) FOUNDATION
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NOTE TO SELF:
I need to know if I’m building a simple lifestyle business or a big business with more than 12 employees. Putting together an Organizational Chart will help me better visualize it all.
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I now realize that…
[TIP #1] In Order to Build a Strong Team: I need to make sure to surround myself with talented and dedicated employees that share my mission, vision and values. I should invest in their growth and development so that we all advance together.
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NOTE TO SELF: But before I put together an Organizational Chart I need to have a rough idea of my Vision, Mission and Values. This way I can share it with potential new hires so that we are all on the same page.
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(2) NETWORKING (for Networth)
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Networking turns out to be a great way to find good employees.
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Where is the best place to find staff?
How to find employees for free
6 ways to find employees for free:
Use free job boards.
Advertise on social media.
Design SEO-friendly job ads and careers pages.
Ask for referrals.
Build candidate databases.
Attend job fairs or host career days.
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(3) LONG-TERM MARKETING
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NOTE TO SELF:
With Long-Term Marketing I can pretty much do the work once then it takes on a life of its own and keeps working for me for months, even years later.
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How Content Marketing Boosts the Recruitment Process | Skillfuel
Here's how to execute an effective content marketing strategy for recruiting.
Describe your Ideal Candidate. ...
Create a Candidate Journey Map. ...
Develop Content Ideas. ...
Build Your Content Calendar. ...
Write and Publish Your Content.
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How do you market a company to potential employees?
Here are eight tips to help you market your business to potential employees so that you can hire the best talent on the labor market.
Create a Reputable Brand.
Show What Your Business Can Offer.
Create a Compelling Job Listing.
Offer Good benefits.
Emphasize Work from Home Opportunities.
Parental Leave.
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(4) FINANCIAL
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The Cost of Hiring a New Employee
The cost of hiring an employee goes far beyond just their salary and benefits. · Companies spent more than $101 billion on training alone in 2022-2023
The Cost of Recruiting
Simply finding the right person to hire can come at a hefty price in both money and staff time.
The Cost of Training
Recruitment is just the first step in the process. Once the right person is on board, businesses need to provide adequate training so the new employee can get up to speed and start producing for the company. While essential, training is also costly.
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(5) GROWTH & SCALE
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What is the difference between scaling and growth?
Growth vs Scale: What is the Difference and What’s Right for You?
What is the Difference Between Growth and Scale? Business growth is about increasing top-line revenues at any cost, whereas scaling a business is about increasing revenues while minimizing your costs, effectively improving your bottom-line or profit margin.
Economists refer to this latter phenomenon as achieving “economies of scale.”
Sep 7, 2021
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NOTE TO SELF:
In the beginning I need to have an idea how big I want the staff in my company to be. Ideally I will consult many Organizational Charts to see what my options are, before I settle on one.
(I will have more information on this in future issues… Reach out to me if you need more information sooner.)
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What Is An Organizational Chart? 12+ Org Chart Examples & Templates
Ever wondered how those organizational charts speak volumes about a company’s vibe and values?
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Organizational Chart Templates
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[TIP #2] Never forget that the success of your business is directly related to the effectiveness of your team.
[TIP #3] Make sure to get the right talents that are fit for the present needs of the company. Make sure to be strategic in adding people and avoid being under pressure to fill up positions on time because this is where all the mistakes are made.
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(6) PERSONAL DEVELOPMENT
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What are the 5 Areas of Personal Development?
UNLOCKING YOUR POTENTIAL: A GUIDE TO 5 AREAS OF PERSONAL DEVELOPMENT
Understand key areas of personal development to transform your life.
Mental Growth. As humans, our primary emphasis is often on physical development, which isn't wrong, but how we mold our minds makes a huge difference in our lives. ...
Social Growth. ...
Spiritual Growth. ...
Emotional Growth. ...
Physical Growth.
Mar 11, 2023
COMING NEXT WEEK:
Why am I in business in the first place??? This matters a GREAT deal. It sets the precedence for pretty much everything to do with the business.
Who is the best first hire? It’s different for different types of businesses.
…and more on the 6 different topics…
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That’s the end of the first issue I Hope you like it. Please let me hear all your thoughts… the good, the bad, & the ugly. I need to hear it all so that I can improve.
Thanks again,
Your Friend in Business: Shereece (SAW) Williams
May you have a very prosperous & fulfilling venture.
Visit our website for more: SuccessSmartGuides.com
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