TAILIEUCHUNG - Make Millions and Make Change 15

Make Millions and Make Change 15. This book focuses on a high-growth, small business theory with a particular emphasis on modern technologies and marketing. We feel these areas are often shortchanged in business academia but still offer the most opportunity for small businesses. Make Millions and Make Change! is a living document that can serve as your raw code to “get rich and serve the world.” It will be most effective if you are adding to it constantly, fine-tuning the elements that work best for you and eliminating those that don’t | Make Millions and Make Change and taken to the next level. Herein is a great opportunity to begin scaling your operation by hiring and training associates to oversee every unique business unit or project given you have studied and standardized many of your processes and have prepared training programs in advance. After the training process you need to supervise and review your managers and their progress. Over time they should become miniprofit centers unto themselves and train others below them as you have to them. In this way you are developing scale to your organization and being paid for more work than you could ever possibly do on your own as you are personally earning a portion of the profits that are generated from the hard labor of all your associate employees and those they hire. Since they too should be paid well they will be happy to keep producing for themselves and you while further propagating your company s strategy. Delegating tasks to well-developed subordinates and holding them accountable is your best bet in gaining the scale required to dominate each market niche but that does not mean there is no micromanagement going on. Employees find it convenient to label almost any managerial intervention derogatorily as micromanaging. Don t get sucked into the negativity that this term may imply. The job of subordinates is to pursue corporate goals by participating in their development at the direction of their supervisors not negatively questioning or criticizing their superiors. This mandate includes the necessity for employees to be nimble and to be prepared to shift 140 Pick Pumped Up People directions whenever current market data and momentum suggests it is time. While you may be on the same team as your boss he is held accountable to shareholders and therefore has to make the final decisions. So if your boss wants to review the fine points of your corporate initiatives it is her right more importantly her duty to understand the details of the .

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