Archive for the ‘team building’ Category

Building a Great Business Team

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A Great Business Team!

Building a Great Business Team

In this episode of My Biz Dream Team: Opportunity Wednesday Training Series we discuss the importance of building a team to support your success. Experience and history tells us that you cannot build anything of significance without a team. In today's episode we discuss the lessons of team building from examples such as Andrew Carnegie, Thomas Edison, and Abraham Lincoln. You are also building a business of significance.

You will not be the success that you want to be or deserve to be without a business team. A business team will support you. A team will help make your dreams a reality. In today's episode we also discuss (1) what is a team; and (2) why a team is so important. We also share the one easy step that you must take if you want to build a great business team.

Do What You Do Best!

Learning to delegate can be a challenge for a new entrepreneur. But you must quickly learn that you can not do everything in your business. For one thing, you would exhaust yourself. I remember when I was a new manager and tried to keep too much control over the written documents that we were responsible for producing each month. I quickly realized that I could not by myself possibly generate the volume of work required. I needed to rely on my team to produce the first drafts. I would then edit and polish the work. Do you find yourself facing a similar dilemma? Yes, I probably could have written a better first draft than any of the team members. But I came to realize that their first draft was good enough.

What are you doing in your business that someone less talented could do? What are you doing that is not the best use of your time and talents? What are you doing that someone with a completely different skillset is more qualified than you to do?

As you think about your business, ponder on the types of people that you will need on your team to help you achieve your long term business goals? In our online business we quickly realized that we needed (1) a tech person to build and support the website; (2) a coach/mentor to show us the way; (3) a graphic designer to help with the design of the website and marketing materials. As the business continues to grow, we will continue to add more people to provide specialized support.

Remember: “Do What You do Best! Let Your Team Do the Rest.”

We can show you how to create a business that meets your dreams and goals. When you are ready your business growth, contact us about “The Strategic Pathway to Success Program™”

We would love to hear from you about a situation when you tried to everything yourself. What happened? What lessons did you learn? Leave us a comment.

Internships: A Great Way to Build Your Business Dream Team

Internships work!

Internships are a great way to build your business dream team. An internship program ensures that your business dream team members run your business exactly the way you train them to. Internships allow you to train the interns yourself – and pick the cream of the crop. You may want to contact a few of the local colleges in your area. They are always looking for ways to give their students practical experience. This post will provide three strategies on setting up internships for your business.

How to Set Up Internships

If you decide to set up a program for internships, then you need to know that there are legal as well as ethical obligations to your interns. Your program has to have a structure, with measurable goals for the intern. The program has to be created for their benefit – you can’t just use them as unpaid labor (not that you’d want to, of course). In many cases, interns are entitled to minimum wage. If the interns aren’t simply shadowing people, but performing actual work they should be paid. Perhaps they may able to earn college credits also! A great book about the benefits of internships for students is “All Work, No Pay: Finding an Internship, Building Your Resume, Making Connections, and Gaining Job Experience” by Lauren Berger

It’s up to you to do due diligence if you want to create meaningful internships. Just remember that if you want your interns simply to do tasks for free, period, that is not an internship – and you won’t create a Business Dream Team that way!

Be Sure to Ask for Recommendations

Ask the students to provide references from their professors or previous employers. I also like to look at a transcript to see the student’s grades. You don’t want an intern who does not have time to work. You also don’t want an intern who should be studying. Any intern worth her salt has an interest in your business. She also has the capacity to add value.

Don’t be casual with your interview process for internships. Check every reference and screen your potential intern carefully.

Create a “Internships” Page on Your Website

The best way to attract the right candidates for your internships is to post your job needs! Treat internships like any other job position in your business.

Put in detail:

• Who you are looking for

• What position you want her to fill

• What experience and skills you need her to possess

• What you need in hours, skills and commitment

• How to apply

• What to expect

You should also include any other pertinent information that you think will attract the perfect internship program candidate for you. There is not one perfect person for a position. You are looking for the person who fits your needs now! Those needs may change over time. In the beginning, you may want an intern for 2-4 hours a week until your business expands.

Conclusion

Creating an internship program is a great way to build your business dream team. You train the student they way you want them to work in your business. It is important to attract the right candidates for your internship program. You need to carefully screen them to make sure that you find the person who fits your needs now!

The Power of Teamwork

“Teamwork is the ability to work together toward a common vision; it is the fuel that allows common people to attain uncommon results.” Andrew Carnegie

Teamwork: A Strategy for Success

Is teamwork part of your success strategy? As business tycoon, Andrew Carnegie stated, teamwork is the fuel for your success. So are you using high-octane fuel to obtain business success?

What is it that you want to achieve in life? What are your long-term dreams and goals? We are sure that, like most people, you have quite a few. The question is, have you been so entrenched in the day-to-day that it’s been a while since you took your dreams out of the closet, dusted them off and really thought about what you want in life. Like most of you, we had very successful careers, but found we did not have time to do the things that were really important. So several years ago we decided to create the life of our dreams by harnessing the power of a business dream team.

Do You Have a Business Dream Team?

We are Dexter and Pamela Montgomery, owners of My Biz Dream Team. We are a power couple at home and in business. We work with an exclusive group of individual and corporate clients to help them achieve uncommon results in their business and their life. Using our signature system “Power Strategies for Your Team,” our clients are able to set and meet extraordinary goals. We know that anything of significance cannot be achieved alone. With the power of a business dream team you too can create a business with a solid foundation, that gives you (1) the ability to provide extraordinary service, (2) the freedom to live the life of your dreams, and (3) the opportunity to achieve uncommon results. This is the power of teamwork.

We are also owners of Radar Investments It’s Always On! Our real estate investment company specializes in buying, renovating, managing, and selling residential properties in the southeast United States. We work with a team of real estate agents, mortgage brokers, title companies, and attorneys to help us facilitate our plan. We help our clients identify properties for their portfolios and to build their own business dream teams.

To help other entrepreneurs interested in investing in real estate we wrote a book, “The Book on Investing: The Ultimate Real Estate Guide for the Savvy Investor.” Our book has won international awards and given us the opportunity to share our strategies with a world-wide audience. We were able to write this book with the help our mentor Raymond Aaron, and a wonderful copywriter. With teamwork we were able to accomplish our goals.

Conclusion

As you can see, we have used teamwork as the fuel to help us achieve our success. You too can add this powerful tool to your business strategy. We would love to talk to you about your dreams and goals. If you are interested in finding out more about how you can create the live of your dreams by building a business dream team, please let us know at My Biz Dream Team.