On this week’s Dirty Secrets of Small Business with Jack Mencini and Adam Sonnhalter of Maximum Value Partners https://maximumvp.com, they share the dirty secret of the week which is: If you don’t like people, you shouldn’t be a business owner.
Nearly every business owner they know spends the largest part of their time dealing with people stuff like: employees who come to work later and later each day, the client who can’t seem to pay within 45 days or the vendor who misses a deadline order making the company miss the deadline for their customer. If people aren’t your thing as the owner of your small business, chances are you won’t have too much fun owning a business.
If you get enamored with the product or idea, you also need to have good people. But in the mix, there could be those people who are challenging that you have to deal with on an ongoing basis.
If your management style is to manage by email, your are putting things out there that can be accomplished with a 30-second conversation. Stop! Go talk to someone face-to-face, not back and forth with emails. There is a lost art to the high touch of talking to someone who is in the same room with you. Email and texts are good for scheduling, but to get your point across and to have a discussion, get off your key board and walk to your employee’s office or the break room and get the dialogue going.
Learn how to deal with people. Learn how to have a robust conversation that will be a benefit to both parties involved. It all comes down to the fact that if you don’t like people and you find having the good and the difficult talks with employees nerve wracking, then before you even think about starting your business, determine if your style fits with being an owner who has employees and clients.
To share your ideas with Jack and Adam about dealing with employees and clients, call 440-946-9468 during show times every Monday at noon EST or send in an email to radio@maximumvp.com