15 Minutes To Action - How To Develop A Business Ownership Mindset With Your Team

15 Minutes To Action - How To Develop A Business Ownership Mindset With Your Team

By Nick Bradley

Scale Up With Nick Bradley

Monday, 1 February

In this week's '15 Minutes To Action' episode, Nick talks about the difficulties that some business owners face in terms of equalising the mind-set between employer and employee, and how you can best help your people to realise, and align with, your vision and goals. KEY TAKEAWAYS Your people will, in general, view their role in your organisation as a job. This means they are less likely to want to take on risk, but it also means they fail to sometimes view the upside of what risk can produce. Many who join a small business are joining because they believe in the mission, and they want to be part of its success. Communicating your vision should also include an explanation of what that vision means for your team. Tell them what is in it for them. Honesty is key to gaining the trust required to invigorate your people. If things go well, tell people. If things aren't going well, have the courage to communicate that. BEST MOMENTS 'You've got to start putting things in place that will allow or foster that culture' 'You as a leader have to have a really strong vision' 'Be very open, honest, and vulnerable' 'You start to bring people in who understand that culture and awareness of what you're doing' VALUABLE RESOURCES Scale Up Your Business – scaleup.vip/podcast Join the free Scale Up Your Business community: scaleup.vip/community Take the Six Peaks of Value Creation Scorecard, to measure your current business performance and show you where to focus to get to where you want to be: https://scaleup.vip/sixpeaks       Tony Robbins Disc Assessment - https://www.tonyrobbins.com/disc/ ABOUT THE HOST My name is Nick Bradley. I’m an entrepreneur, author, speaker and investor. My background is in growing and scaling VC and Private Equity backed businesses. Having successfully built, bought and sold a number of companies, and removed myself from day-to-day operations, my focus now is on helping entrepreneurs get to where they want to be, in business and in life. As well as investing in growth businesses and backing turnarounds - with the ultimate aim of creating value from significant capital events. I’m passionate about personal and professional development - showing up and being the best version of myself ... every day. My bigger vision is to help bring entrepreneurial skills, experience and mindset to people in developing nations - so they can follow their dreams, live life more on their terms - utilising entrepreneurship as a global force for good. CONTACT METHOD Nick’s Facebook Page: https://scaleup.vip/FB   Nick’s LinkedIn: https://scaleup.vip/LI   Nick's Instagram: https://scaleup.vip/IG   Scale Up Your Business website: www.suyb.global See omnystudio.com/listener for privacy information.
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