MBA1090 Q&A Wednesday: How do I make my employees stay committed to my team?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.9 • 1.2K Ratings

🗓️ 12 September 2018

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Even for entrepreneurs, business is a team sport. So how can you keep your best players loyal to the squad? How do you inspire commitment over months and years? How do you create motivation beyond your employees’ paychecks, so they want to give their best? How do you keep them around?

Transcript

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0:00.0	Heyo! Welcome to the 100 R MBA show delivering answers to your questions with our daily
0:15.4	10 minute business lessons for the real world. I'm your host, your coach, your
0:19.8	teacher Omar is in home. I'm also the co-founder of the $100 MBA, a complete business training and
0:25.1	community online and today's episode is a Q&A Wednesday episode on our
0:29.7	Q&A Wednesday episodes I answer a question from one of you, one of our listeners.
0:34.0	If you have a question you want to ask just email me over at omar at one zero zero
0:37.5	mba dot net.
0:39.2	today's question comes from Shelly and Shelly asks how do I make my employees stay committed to my team?
0:47.0	A good question because keeping good team members is not only a practical move,
0:52.0	turnover is a huge money wasterster you don't want to do that
0:55.0	you want to keep your employees as much as possible
0:58.0	cultivate them grow them
1:00.0	but you can't do that if they're not staying
1:02.0	so in today's lesson I'll be answering
1:03.8	Shelley's question and sharing what we do in our business to try to keep our
1:07.7	employees. Some of these might surprise you. There's a whole lot more you can do
1:12.3	other than compensation other than money to keep your
1:15.4	employees. Small things. Things that will differentiate you from the competition, keeping
1:21.2	them from looking at the competition and joining them.
1:24.0	We got lots of cover so let's get into it.
1:26.0	Let's get down to business.
1:28.0	Today's episode is supported by Kronos. No one compliments you when their paycheck is correct.
	...

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