Before we get into the subject of building amazing, and thriving teams of people I want you to think about what Grant Cardone said while I was in Miami, he said:
10 People Equal Another You
If you’ve already heard someone say something similar then great, but let’s dive into what that really means.
Now, if you haven’t heard of Grant Cardone, which is hard to imagine then you should know he’s built a very successful brand and business.
But when you zoom in on how he’s done this, you start to see that his team is the machine making it all happen, and he credits them for it all the time.
So here’s 5 tips I learned from “Uncle G” as they call him, for creating incredibly successful teams.
Setting Expectations
When you set expectations you need to be aware of what you’re working with, including yourself.
You may have high expectations of yourself and use those same expectations for others, but here’s the catch… they’re not you.
It doesn’t take a genius to know this, but it happens more than you think.
So what do we do? Do we set high expectations? Low expectations?
Well, we just decided not to set high expectations so what about low expectations?
Survey says… No! Unless you want poor results.
So how about realistic expectations? That sounds more real (no pun intended) doesn’t it?
So let’s dive a little deeper into managing your own expectations, which is what Grant spoke about for building teams.
Managing Your Own Expectations
Let’s just get this out of the way, Grant Cardone is a unique individual, you’re a unique individual, and I’m a unique individual, that’s what’s so great about mankind, we’re not machines!
And the point here is that just because you have the ability to do a certain action doesn’t mean someone else can too, otherwise the world would be filled with business tycoons.
The expectations you give yourself are going to be the measuring stick of what you believe success is.
So the real question is, would you rather measure short and expect less, measure long and expect more or measure based on performance and expect realistically?
The problem you run into when measuring short is you’ll set yourself up for failure every time, and the issue with measuring long is you’ll frustrate yourself consistently.
So that’s why we need to manage our expectations realistically!
That doesn’t necessarily mean average performance either because another valuable piece of information I got from Grant involved developing your people.
Be Willing to Develop People
You need to be willing to develop people because again, not everybody is going to be as determined and motivated as you to better themselves.
So you may look at this and say, “Well, I’m already paying them, why should I be trying to develop their abilities and have them be out exchange?”
Because this is the opportunity to be a better leader.
Not only is it an opportunity to become a better leader but you’re also investing in the assets of your business.
No, not the equipment kind of assets, the assets that can produce your business more growth: people.
You need to be willing to develop people in your business and then you’ll see the kind of return your investment will produce for everyone.
10 People Equal Another You
“10 people equal another you” as Grant Cardone put it, really comes down to you as an entrepreneur and your abilities.
What this means is that you, as a business owner or CEO every 10 people/employees in your business will equal 1 of you.
That’s how unique you are because no one is going to have the same passion you have for your business, that’s just a fact, otherwise they’d be doing what you’re doing or be a partner.
So expecting someone else to perform at the level you’d expect yourself to perform at is in fact, more harmful than beneficial to yourself and the growth of your business.
So every 10 hires that you develop along the way in your business is going to be the equivalent to one of you, and that’s how you should start to look at it.
Not just performance wise, but culture wise too.
How would you like to be compensated, developed, communicated to, and led?
This is something you can always think about to become a better business owner yourself.
