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Disruptors

The 3 Things More Important to People (Staff) Than Money (P.R.A) [Business, mindset, entrepreneur, disruptors]

Disruptors

Rob Moore

Careers, How To, Business, Self-improvement, Society & Culture, Marketing, Investing, Education, Entrepreneurship

4.81.4K Ratings

🗓️ 21 June 2018

⏱️ 7 minutes

🧾️ Download transcript

Summary

Welcome to another episode of the The Disruptors Podcast. In this episode Rob discusses the three things in business that are more important to people than money and how you too, can embrace these things and bring them to your staff and employees The three things that are more important to people than money are: Progression - This has to be lead by you,  and staff need to feel like they are progressing their career, help to progress their knowledge, personal development, experience and salary.  When there is no hierarchy or path, people can't see the progression, They can't see where they will be challenged and learn new skills. Progression can simply be a change, Recognition - Nearly all the issues in a company can be down to recognition, a lack of recognition can cause unhappy staff, de-motivation, gossip and sabotage. Ensure to recognise and praise everyone even those that aren't the star employees. Become a perveya of love, recognition and praise, because people need it. Autonomy - No-one wants to be micromanaged, smart people want to be given a little too much to do, and that’s to challenge them. Make sure they have the resources to do it and then the trust, faith and autonomy from you to step up to the plate and over deliver.  If you don't have people motivated by that you're surrounded by the wrong people. KEY TAKEAWAYS If you give your staff Progression, Recognition and Autonomy you can pay your staff up to 20% less, as they will be fulfilled in their roles. Money is 4th on the list of most important things for people, if you give them Progression, Recognition and Autonomy they will be happy and motivated. Give a path to everyone you influence, customers, clients, followers and fans, friends and family. Give them a route to progress, personally, professionally and financially. BEST MOMENTS “If you don't trust them, don't hire them” “Hiring smart people is an investment in your company” "What's the point in hiring someone smart, and then getting in their way, hire smart people and get out of their way" Steve Jobs “You can earn and do more in less or your own time” [Business, mindset, entrepreneur, disruptors] VALUABLE RESOURCES https://robmoore.com/ bit.ly/Robsupporter   https://robmoore.com/podbooks  rob.team ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “Disruptors” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979 disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com

Transcript

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0:00.0

Welcome to the disruptive entrepreneur podcast.

0:05.0

What does the word disruptive mean to you?

0:07.0

It means going beyond the ordinary, going beyond the status quo.

0:10.0

Not thinking in the conventional way, not just sort of following the herd

0:13.8

disruptive means taking things up you know

0:16.2

Disruptive entrepreneur is somebody who sees the problem and embraces the problem with a new way

0:21.9

Shake up an awakening.

0:23.0

Quality will take care of itself

0:25.0

and you'll go for being disruptive but also profitable.

0:28.0

When you use your reservoir of talent,

0:30.0

when you love what you do, then you disrupt.

0:32.0

Mix it up, change it up and dominate and now your

0:35.0

host eight times best-selling author and double world record holder

0:39.5

Rob Moore. There are three things that are more important to people, staff, the people that you're

0:46.8

leading and influencing, three things that are more important than money.

0:51.2

So there's been a lot of research by recruiters, recruitment

0:53.8

consultants, companies, agencies, and the three things that are more important to

0:59.0

people than money are PRA.

1:03.7

And the P stands for progression.

1:06.7

I'm told through the things that I've read that the P, the R and the A

1:10.8

account for the equivalent of 15 to 20 percent more money.

1:15.0

So I'm not saying you're going to get people working for you for free if you give them more

...

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