Page 31 - Business Mastery for Exponetial Profit make more work BW 111021_Neat
P. 31
your strength. How do you cope with this without dropping the ball?
Hire a consultant that is knowledgeable to help you systemize your
business. You can also outsource all those things that are outside
your strength. I am aware of some people that are starting out with
no money to hire others. In business, you have to be resourceful
and find people that can help you and you give something in return.
It is like the barter days; you can provide help to someone who has
the strength in your area of weakness and vice versa.
Let me turn my attention to those of you ready to hire employees.
Most businesses employ people they can afford, BIG MISTAKE! I
have made those mistakes myself and it is the wrong way to think
about your business. Consider that we want to generate higher
output from all our inputs. Employees are also part of the inputs
that must go into your business to produce the result (output).
Steve Job said if you get one outstanding programmer, he would
do the job of 20 people put together; so imagine employing 10 such
outstanding individuals and your competitors hire average ones,
you have already beaten them 20 x 10 =200; that’s 200 times value
creation better than competitors. So, if we are scratching our head
as to how Apple is so dominant, it is partly down to this insight by
Steve Job. Therefore, most people complained about his method
because he had exacting standards and wouldn't tolerate average
in his business. He pushed those brilliant performers to the edge
as well. Which means they would have to even strive to improve
an already very sharp mind. You may be thinking why are we
comparing apples with oranges (excuse the pun). Apple is so very
far off where you are today, but it is about learning and using
insight I just shared with you. When you choose employees, find
the best you can and pay them because they would give you the
output to justify their high rewards.
The selection process that may help you is fully described in my
book ‘Goldmine of Your Mind-Your Fast Track to Abundance' I
would not go into the details here. Using psychometric tests will
also help you get to know people at a much deeper level before
employing them. There are so many of them on the internet but
the one we share at our seminar is so uncannily accurate that the
first time I did it, I felt like someone has been a fly on the wall of
my room watching every move I make. Most people said it reflects
who they are 80-90% in its accuracy. When we do this at our
29