In my last blog (part 2 of 4), I outlined the importance of attracting the right talented people to your company.  You cannot develop talented people if you do not first attract them to the organization.  For more on attracting talented people to your organization, please read part 2 of this blog series.  Now let’s move on to developing the talented people in your organization.  Before I begin sharing some of the things I have learned, let me make something clear:  Only in the past few years have I begun to see some significant progress in this area; before that I was headed nowhere on this subject.

When you have the right talented people on the team, managing and developing them is pretty easy.  Give them vision and mission, encourage them, set objectives with them, strategize with them on achieving those objectives, resource them, and GET OUT OF THEIR WAY! [Click to continue...]

In my last blog (part 1), I outlined the most important responsibility of the president of a company (no matter what).  That responsibility is the Who in your company, the employees.  The President’s number one commitment must be focused on who is representing the company.  I outlined some of the blessings that come from being great at the Big Three: Attracting, Developing, and Retaining talented people.  I also committed over the next three blogs to provide some of the keys that unlock the big three.  In this blog, I will be focused on the first and most critical of the big three:  Attracting the Right People to your company.  If you do not attract the right people to your company, then no amount of development will change them into the right person and you certainly won’t be concerned with retaining the wrong people.  Therefore, attracting the right people is simply foundational to having a great company.  If we do not commit ourselves to this as leaders, then we will never reach our potential as leaders or as a company. [click to continue…]

I am a big advocate of budgeting. Whether you make $2,500 per month or $25,000 per month, budgeting is the blueprint for how your money will outlast your month.  Few people would ever build a building without a plan or blueprint (see Luke 14:28-30).  Yet countless people try to steward their finances without a balanced budget.  I am convinced that spending less than you make for a really long time is one of the keys to creating substantial wealth.  Budgeting helps accomplish this. [click to continue…]