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How To Find The Million Dollar Employee

Do you want to work in your business, or build a successful business that runs effortlessly? There is a big difference in how you run your business when you are busy with every function of the business, or when you are doing what is truly important to the profitability of the business.

Every job within your business has to be fulfilled. If you can’t do it, you must either hire it done, or let it go and never complete it. Letting too many jobs go undone can eventually hurt the structure of your business. Which is why it’s so important to get people in to your business at the right time – before you get too busy!

The best book I’ve read that covers the structure of a small business is Michael E. Gerber’s The E Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It . He details out so many ways to create an environment that allows a million dollar employee to work for you.

It’s not about hiring someone to take over the mundane tasks you no longer wish to do. It’s about hiring someone to join your team, and help you create a strong, health environment reeking of prosperity and success. And it’s all in the communication systems established within your business.

Probably the most important starting point is to have expectations already in place. Lay out the job description in detail. Have a clear understanding of what each employee will do, how they will relate with the rest of the business, and what their powers are. What can they control, and what do they need approval for? Basic ground rules create a clear road for communication. Nothing is left to chance.

Next, follow the rule of do unto others, as you would have them do unto you. Is the janitor just as important as the president? YES! If the trash doesn’t get cleaned out, the business will be in the dumps. Every job has its own purpose. If someone does their job effectively, and gives 110% every day, you will have an incredible team working for you. Likewise, they will respect the freedom you give them in doing things to make the business stronger.

Share strategies, mission statements, vision discussions – everything – with all of your employees. Make them a part of your team. Especially true in small businesses, if your entire staff understands your direction and what you are attempting to do, they will be able to provide ideas to help you with your direction. Two heads are definitely better than one in a small business. If your team understands what you are doing, you will get their entire focus of trying to make your business better. You will have access to their thoughts and their ideas, their contacts and their address books. They will be on board to make your business successful.

Every employee you hire has the potential of becoming a million dollar employee. It’s all in the environment you create within your business that will determine if they reach their potential.