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E-Myth – “Why most small businesses don’t work & what to do about it”

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Edmonton Business Consultant | How To Attract The Best Staff

An important realization that entrepreneurs need to have when they first open their business according to Edmonton business consultant, is that as long as a business needs people, they are always going to need to hire people. Employees often leave organizations for reasons that have nothing to do with the business, and when the timing is best for them. Whether they get sick or injured, moved to another city, or retire, there is a multitude of reasons that employees may end the relationship with their employer. Rather than taking it personally and start to doubt their business or themselves, entrepreneurs should instead put their energy into minimizing the effect that inevitably losing employees will have on their business.

One of the things that entrepreneurs should do when they are looking for staff, is to never stop looking for staff. Edmonton business consultant says that since entrepreneurs never know when an employee might choose to leave, by always looking for staff members, business owners can decrease the amount of time it takes them to find a new employee when the need arises. Finding the right fit often takes a long time and meeting many people, if business owners are only looking as soon as they have a need, there missing the important time that it could take to find the right person. In order to avoid feeling pressured into hiring someone just fill the spot, by looking early, business owners can ensure that they have the right people waiting in the wings for when a staff member decides to leave.

It is also extremely important that entrepreneurs are working proactively in their business to ensure that no matter what employee leaves, their business is not going to suffer. Edmonton business consultant says that one way to do this is to ensure that all staff members have someone else that can do their job in case one employee leaves. By ensuring that all tasks of the business can get accomplished no matter what is owners can minimize the effect that losing people will have in their business as well as helping business owners to not feel like they have to fill the spot in order to complete work for their business.

Another great way that entrepreneurs can identify great staff is by understanding that a great salary is not necessarily the most important factor in attracting employees to their business. In fact, Edmonton business consultant says the values of an organization are actually far more important to most employees. If business owners need proof of this, they should look no further than why people volunteer their time to work for free for charities. People often feel so strongly about the values of the organization, that they willingly work for free in order to support the cause. more proof that not everyone values a high salary in their life, is because not everybody is working and work camps up in Fort McMurray. People value things such as the mission and vision of the business, work-life balance, location and commute. If business owners make the mistake of thinking salary is the most important factor, all they are going to attract in their business are people who value money an entrepreneur will not end up with the right staff for their business.

Entrepreneurs should understand that attracting the best staff in the business is a great goal says Edmonton business consultant. Because having the wrong people work in a business and be far more costly then it would be to replace a staff member. The author of six business books, Jim Collins says that best by saying, ìletting the wrong people hang around is unfair to all the right people, as they inevitably find themselves compensating the inadequacies of the wrong people. Worse, it can drive away the best people. Strong performers are intrinsically motivated by performance, and when they see their efforts impeded by carrying extra weight, they eventually become frustrated.î

Looking for the best people to work in their business is important, as is increasing the retention rate of their employees. One way that business owners can ensure that there keeping the staff that they hire, is by openly communicating the values of their business. People are happy to stay working for organizations when they align with the values that the business stands for. This can be an important determining factor on whether an employee stays working for an organization or not.

Another important way that entrepreneurs can work to increase the retention rate of their staff says Edmonton business consultant, is by conducting periodic reviews. By making this a regular part of life, it becomes expected and employees do not see this as indicative of problems. This conversation can ensure that not only can the business owner be communicating regularly with their employees, but their employees can give feedback to their business owner regularly. These reviews should be used to thank employees for their hard work, and as well as reward good behavior. If entrepreneurs have noticed problematic behaviors and employees or saying that one of their staff members is struggling, they can also use those periodic reviews to address it as soon as they notice it, so that problematic behaviors do not blow up into problematic employees.

No matter what an entrepreneur does to ensure that they are increasing the retention rate of great employees, business owners should also understand that losing people is a standard part of working with people in the business. Because of this, entrepreneurs should learn to not take it personally, and do what they can to attract the best staff to their organization. By communicating their values, and always be looking for great people, business owners can be prepared and proactive in their business to avoid the effect that transition can have in their business. By doing this, business owners can be sure that no matter what, will always have the best employees in their business.