Management57 Videos

LOOSE CHANGE IN THE COUCH CUSHIONS

I’ve got so many ideas that sometimes it’s hard to tell everyone about it in a way they understand what I’m trying to get across. Being able to properly delegate, which is an essential skill for a business owner, depends on proper communication. I’ve found it useful, as a strategy, to be able to stop […]

Managing Like a Boss

Want a team that produces better work more consistently? Of course you do. We all want that. So how do you get it? Here’s the key: MAKING DECISIONS. To the degree you build an organization where your team members make great decisions, they will give you higher quality work much more regularly. It’s that simple.

Middle Management

Middle management is one of the most challenging roles to play in any organization. It’s easy to be a business owner. You just need to be accountable. It’s also easy to be an employee. You just need to be responsible. It’s hard to be both. That’s what makes middle management special. They have a gift […]

Monkey See Monkey Do

If you’re reading this, I’m willing to bet you have an excess of monkeys on your back. Let me back up for a moment. As a business owner, entrepreneur, leader, and so on, you’re ultimately a manager of people. And the most effective way for a manager to operate is by delegation. I’ve said this […]

Not Doing It? Don’t Hire For It

The key to scale is not doing more things. The key to scale is by doing the things that make you money and not doing the things that don’t make you money. Sounds simple, right? And yet, there are tons of entrepreneurs out there looking to hire consultants and specialists to build all-new parts of […]

One Day, I Won’t Have To

There are tons of business owners out there trapped in the delusion of freedom. They’re not wrong for pursuing the idea, of course. As a business grows and scales, as it produces sustainable revenue, and as the leads come flowing in, a CEO will find themselves able to free themselves of many of the uninspiring […]

One Free Radical

The only bad decision is one made without all the data present. That puts business owners in a pretty tough situation. As their organizations grow in size, they become fantastically complicated. They can become such a dense cluster of processes and systems that they feel opaque. So what happens when they plan? They can’t achieve […]

Organizing Roles

Clearly understanding and managing according to accountability and responsibility is critical for the success of your organization. Your organizational chart should represent the roles that are functionally necessary and individuals may be assigned many roles. Those roles represent nothing more than a process inventory that an individual employee is accountable and/or responsible for.

Pareto’s Principle

Perception is all about the stories your mind tells. On today’s show, I’ll be discussing Pareto’s Principle, which states that roughly 80% of your sales come from 20% of your customers. So, how do you use this principle practically to achieve meaningful results in your business?