Your Next Five Moves: Master the Art of Business Strategy

by Patrick Bet-David

Master Building the Right Team THE MYTH OF THE SOLOPRENEUR: HOW TO BUILD YOUR TEAM 1. Identify the types of team members you want to attract. Create the right value proposition (benefits program) to attract and retain the right team members. Be even more selective about whom you allow into your inner circle. CREATE A PRINCIPLES-BASED CULTURE 2. Establish and communicate your values and principles—both for your business and as an individual. Don’t compromise your nonnegotiables, or else they will be only words on a piece of paper. TRUST = SPEED: THE POWER OF RELIABILITY 3. Inspect every skill needed in each department to make it transferable to any new hire in order to develop new leaders. Inspect the language you use to communicate with your teammates and leaders. Is it one that creates trust or doubt? Ask questions to understand what people care about most, and speak the language that moves them. Make a list of your top five team members, and identify their key motivators.