Tag: business growth

First of all, why we go for high paying clients? Who are these people? They are not just your average customers. Instead, they are those who are willing to pay you double, triple or even 50 times more than what you would earn from your average customers at the same amount of time invested. Why is that? It is because they are the high-end clients who understand more on the value you offer. Besides, these people are who we see as “ideal clients” and “long-term clients”, who you can make a difference with and you love to work with. Let us see to these options here. Coaching 100 or even 1000 separate low ticket clients and coaching one high paying client to earn the same amount of money. So, which is more efficient to you? 

Everyone only has 24 hours a day, no more and no less. Thus, our goal is to make the most profit possible with the least amount of time. Be productive by using fewer sources to produce more output. As you are working with the ideal clients, they are cooperating with you to make notable changes in their businesses and lives. In order to produce a very good result, you can say that they are actually “growth-oriented” and will go for it with the help of your expertise and support. Thus, by working long-term with these people, you will get to know and understand their needs better. Also, you can earn more and at the same time able to have the time freedom to travel around the world, spend time with your loved ones and enjoy the life that you want. When you charge more, you will feel that you are being valued for what you are worth. You could provide them with a better service and make a better impact without worrying that you are being taken advantage of. Not to mention, you will gain more satisfaction as the work you are doing is actually makes a difference! 

There are plenty of things that’ll help a company to reach its highest potential. But the most important element will be the staff. If you have a team of engaged, talented employees, then it’ll be much easier for the business to achieve its goals. Alas, this is something that many companies struggle with. They might have some great employees for a little while but then find that their staff are continually leaving for new jobs. And this can have an impact on company morale, company, and costs — it’s expensive to hire and train a new employee, after all.

In this blog, we’re going to run through some useful tips for companies that’ll help to keep their employees on board.

Improve Your Hiring Process

Your employees would be much less likely to leave your business if they were the right employee to begin with. When it comes to making a hiring selection, be sure to look beyond the resume, past experience, and so forth, and focus on whether they’re the right cultural fit for your business. If they’re not, then they’ll probably be more likely to call it quits after a few months.

Positive Feedback

Wouldn’t you be more likely to stay at a company if it felt like you were a valuable member of the team? All too often, companies treat their employees like robots. But they are, of course, real human beings who want to feel like they’re an important member of the team. Positive reinforcement can be a powerful — and free — tool that companies use. Of course, it has to be genuine. It’s just about making sure that your staff know that they’ve done a good job — and that you value them — at the appropriate time. 

A Sense of Togetherness

Studies have shown that people are much more likely to stay with a company if they feel like they have friends at work. As such, it’s a good idea to create a framework that allows people to get to know one another. You could host after-work drinks or organize team-building activities. Setting up a slack channel so that people can easily talk to one another is also a good idea. Also, be sure to fully embrace new arrivals into the office. They should feel like part of the team from the very first moment. 

More Benefits

Your employees will care most about how much they’re earning. However, in this day and age, employees are increasingly asking for more than just their salary. Your staff members will be more likely to stick with you if they’re given benefits. Could you offer more vacation time or health insurance, and other benefits? It’ll be best to create these benefits with your HR team, and also remember that you will need to create compliant ERISA wrap documents to stay on the right side of the law. Once you’ve installed these benefits, you’ll find that staff happiness and commitment increase. 

Invest In Your Workplace

Recent studies have shown that our working environment has a big impact on our happiness and productivity at work. As such, it’s worthwhile taking a look at your office and making sure that it’s as good as it could be. Many people want to go and work in Silicon Valley in part because of the cool offices they have there. Yours might not hit that level, but there’ll surely be some improvements that you can make. Even adding some plants, adding some art, and creating a relaxation zone can do wonders.

Employee Development

If you’ve hired correctly, then your team should be talented, enthusiastic, and ambitious. You’ll be happy to make the most of their talent and enthusiasm, but are you able to offer the level of ambition that they’re looking for? If you’re not working on employee development plans and offering a path towards promotions, then you’ll run the risk of them moving to a company that can match their ambition. The employee should feel that their professional goals and ambitions can be realized with your company.

Flexible Working Conditions

Finally, the big perk that workers are increasingly demanding: flexible working. It’s obvious to many that the usual 9 – 5 office routine has had its day. Can you make it so that your employees can work some of the week at home, some of the week at the office? Flexible start and finish times can also help to increase engagement and productivity too. It’s all about getting the most from your employee’s talents — and ensuring that they’re happy.

There are a lot of ingredients that go into making a business truly successful. However, one thing that you simply cannot overestimate the value of is the people in your business. Without them, even the best business idea in the world is nothing more than a pleasant fantasy. But it’s essential that you remember that your employees aren’t just a resource to be used. As an employer, you have a duty of care to them. With that in mind, here are some things you can do to make sure that you are taking the right care of your employees.

Show them your appreciation

Your employees are the reason that your business is a success. You may have started it, but they’re the ones in the trenches actually making it work. That means that you owe it to them to show your appreciation for all of the hard work that they do. There are plenty of ways that you can do this. Whether it’s looking out for holiday gifts for staff, offering bonuses during periods when they’re all working extra hard, or even providing them with extra time off here and there. Even something as simple as letting them know the results of all of their hard work can make a huge difference in letting them feel a little more appreciated.

Encourage an equal environment

We live in a more diverse world than ever before and that’s a wonderful thing. However, it’s something that many people are still adjusting to and it’s your duty as an employer to make sure that you’re facilitating everyone’s ability to feel comfortable and equal at work. You should have a zero tolerance policy on discrimination or mistreatment of any kind, whether that’s based on race, sex, ability, or any other factor. It can sometimes be hard to know the best way to respond to things which is why you need to make sure that you’re always keeping yourself well trained and informed.

Listen to them

You might be the one giving the orders most of the time, but it would be a mistake to assume that your employees don’t have a whole lot to contribute in terms of ideas for how to improve and develop your business. Having an open door policy when it comes to feedback or even a dedicated space to provide that feedback can help your employees not only improve your business but it helps them feel more directly involved in the decision making process.

None of this is to say that you shouldn’t expect a lot from your employees. However, too many employers treat the relationship between them and their employees as a one way street. If you only consider your employees in terms of what they can do for you, you’re going to foster a culture of resentment and there’s a good chance that your employee retention is going to plummet as a result. You should also treat your relationship with your employees as a matter of give and take.