Team Building

How To Find A Compatible Business Partner You Can Trust

Maybe you’ve just been screwed over by a business partner, someone that you trust, someone that you called a friend for a long time, or maybe you’ve been betrayed by someone that you care for. Someone you thought would never betray you and you feel hurt and you feel lost. Dan shares his experiences in the video below when his father was taken advantage of by a business partner, and how this eventually pushed him into getting into business. Keep reading if you want to learn how he overcame some of these things, and maybe it will help you as well.

Finding a compatible business partner is important for your business to thrive. To other people, they’re just another member of the company. But to you, they act as the right hand man behind every deal and decision made for your company’s growth. And not only do they help make decisions, but they fill in any gaps for uncertainties or questions you have along the journey. It’s not someone who comes and goes, but a partner who helps make your dreams a reality.

Determining the right business partner is not only necessary for success, but is mandatory for an accelerated business growth. According to a 2019 Inc. article entitled The 3 Elements of Successful Business Partners, “Some estimates show that up to 70 percent of business partnerships fail according to Paul Brunswick, co-author of Building Powerful Strategic Alliances. This means they can not only drain you of time and money, but they can also sabotage your business if you don’t choose wisely. Partnerships are built to be powerful, but that’s a double-edged sword.”

Dan understands how important choosing a business partner is, and he definitely knows how it feels to be betrayed by a partner who sabotages your company. If you’re fortunate enough to read this article before selecting a business partner, congratulations on thinking ahead and seeking out professional advice. And if you’ve been betrayed by a business partner already, then don’t worry. The goal of this article is to make sure it never happens again. Ready to find your dream business partner? Then read further.

A Business Partner With Purpose

Start off by identifying traits that make an effective partner. Think about it like conducting a job interview for a potential candidate. Would you go into the interview without a set list of traits and skills that you’re looking for in the individual? Probably not, and you most definitely need a set criteria for finding the right candidate.

Imagine the future vision for your company. Maybe it’s to own a fancy office, gross millions of dollars in revenue, or to present in front of world class stages introducing your ideas to the world. Whatever it is, dream big and picture your wildest vision. Now, what if you could make that a reality? How, you might ask? By realizing and filling in your flaws. And no, this is not meant to offend you.

Pretend you own a software company and have developed a new program that blows your competitors out of the park. You might be an amazing programmer, but you still wonder how to introduce and share your product to the marketplace. Because really, you have no idea how to gain traction for your product. So what do you do? Simple, you find a partner who knows the ins and outs of marketing and finance. You find someone who can fill in the gaps that you lack experience in.

You as a business owner have to realize that you cannot fulfill every duty. And you have to realize that it’s okay not knowing how to do something. As Manpreet Kaur once said, “Getting help doesn’t mean that you’re weak. It means you’re strong enough to admit you are tired of struggling.” So what does that mean for you?

Getting help doesn’t mean that you’re weak. It means you’re strong enough to admit you are tired of struggling. Click To Tweet

Find A Partner To Fill Your Gaps

Take a look at your company and determine again which areas you excel in. Maybe it’s finance, marketing, video production or graphic design. Now, envision where your company is going to be in 10 years. Ask yourself, which roles and responsibilities do you need to fulfill that dream? Let’s say you’re a graphic designer providing services to the marketplace. If you have no accounting background, your best option is to find a partner who knows the ins and outs of numbers.

As your future progresses, you can be in charge of the graphic design division while your partner focuses on keeping your books in check. You might not see how impactful this is today, but the future will thank you with a position filled because of a smart decision you’ve made for filling in a gap. Remember, the right business partner will help you conquer anything. And what else is better way than finding someone who fills an empty void in your business?

A Partner With Skills

Although a business partner is needed for filling in the gaps, it’s important to ensure they’re capable of fulfilling their desired role. What’s the point of hiring a business partner who doesn’t perform as expected? So you might be wondering, “how can I ensure my partner is not a fraud, but capable of performing in his or her position?”

The truth is, there’s no ideal way of determining if your partner is capable of performing in his or her position. We live in a society where skepticism is at an all time high, so you have to look beyond academic experience and classroom projects to see if your business partner is ideal.

Think about it, companies like Microsoft and Apple stopped taking degrees into consideration for highly-respected positions at their company. Why, might you ask? Because a piece of paper does not determine the entirety of one person. A 2020 Business Insider article shared that “Elon Musk said a college degree isn’t required for a job at Tesla – and Apple, Google, and Netflix don’t require employees to have 4-year degrees either.” So what does that mean for you?

You Hire A Business Partner Purely Off Results

Now focus on the business partner you plan on working with. What do you think he or she will look at when deciding if you’re a good partner for them? Your degree? Your projects? Maybe, but what they’ll be most interested in is the results you’re capable of generating for the company. In the case of a graphic designer, your partner wants to see if you’re able to produce content that people want. And how do you prove that? By showing the results you’ve generated in the past.

The same thing applies to you when hiring a business partner. Let’s say you’re hiring a business partner to be in charge of all your finances. What should you look for? Simple, you should look to see if they’ve had past success managing money with etiquette bookkeeping from a prior company. Let’s say you’re hiring a marketing expert, what should you look for? Simple, you should see if their marketing messages have generated results in the past. Realize that a degree from Harvard or a prestigious educational institute does indicate success in the real world. The real world poses challenges that change everyday, and it requires a critical thinker who knows how to get the job done. Which brings us to the next point.

Look At Their Goals and Future Vision

You’re in this for the long run. And whether it turns into a billion dollar company or not, you still have to consult and agree with your partner on every decision. There is a fine line between deciding on a business move and contributing without a background in the respected field. If the business decision is financial, you should let the expert take care of that aspect. Simply put, let the experts handle their respected areas. The reason for this is to look at the future progression and vision of your company.

A business partner has to align strictly with the vision that you both desire for the company. Now, this vision is susceptible to each side of the partnership. You have a vision, and chances are your business partner also has a vision for the company. If your visions are completely different, then it’s unwise to proceed with that partnership. If your visions and goals for the company align, then you’ve found a potential candidate for your business partner. Just remember, you have to be flexible initially on where your potential partner wants the business headed. The most ideal case would be a negotiable and agreeable vision for the future. Partners don’t always see eye to eye, but it’s best to find ways to agree on situations that have disputes.

Building A Relationship Around Ethics And Morals

Go back in time to one of your earliest childhood memories. Think about the lessons your parents, aunts, uncles, or other family members have told you. Maybe it’s to not talk to strangers? Wash your hands before dinner? Don’t wear shoes in the house? Or don’t chew with your mouth open? Whatever it is, these are values that you’ve now carried throughout your life. So what does that have to do with your business?

The morals you value should align with the morals of your business. These could be attributes such as always telling the truth, staying loyal, being generous, and keeping your promises. Your business partner is a representation of your brand’s image, and their values are a direct representation of who you are. The same thing applies to the ethics of your business partner.

If you desire to have legitimate business transactions and deals, you have to ensure that your partner has no intent of bending the law or putting your company in jeopardy. If the morals of your business partner aligns with yours then chances are their ethics will also be similar. As Albert Camus once said, “A man without ethics is a beast loosed upon this world.”

Where to Find Your Ideal Business Partner

So you might be wondering, where on earth do you find the right business partner? Well, there are two main ways you can find someone who’s ideal for your business. The first way is by crafting a job description in search for a business partner. The second way is by tapping into your pool of connections and finding someone suitable for the job. And the third way is by working with a dependable friend or family member.

Now, these methods listed are completely subject to your current situation, like which stage of business you are in, such as a startup or partially developed company. We strongly warn against starting a business with a friend or family member as time has tested to hold true that most family or friend-oriented businesses have a track record of failing. If you strongly believe your friend has a strict business intent with all the attributes we’ve listed above, then by all means go for it. Just note that your friendship may be non-existent if the business goes south.

According to this article, “Partnering up with friends has its inherent potential drawbacks: It is possible that if the business venture goes south, you may lose out on the friendship. But if you have clear communication, choose someone with a personality and skill set that compliments your own, and make sure you are both on the same page, many of these concerns can be avoided.”

Networking or hiring through Indeed are still both viable methods. But make sure to go through the points listed above if you want to get the best business partner for you.

The Secret Skill That Every Business Partner Desires

What if there was a secret that could help you close deals and bring millions of dollars in revenue for your company? A secret so powerful, that it could turn you into a money magnet? What if this secret was so seclusive it could attract the best business partners in the world to your doorstep? And what if this secret was so strong, that it would start a bidding war for other people who crave to partner with you? This secret is the art of closing.

Dan has created an exclusive 4-day masterclass for people who desire to learn the power of closing deals for their company. This skill has allowed people from across the globe to close thousands of dollars over the phone, and bring in millions in revenue for their company. The one thing that every company needs is money. How valuable would you be to any business partner who knows that you’re capable of bringing in millions for a company? People would die for a partner who harnesses this power. So he will take you across every step of the journey.

One Day 1, you’ll get a complete breakdown of why this one skill is the fastest path to creating abundant wealth. On Day 2, Dan will teach you a formula called “The 4 GEM Personality Theory To Influence Others”. On Day 3, you will get the formula to find your business partner, with deep philosophical questions that every business partner should ask. And on Day 4, you will learn the fastest path to success and freedom, with a step-by-step blueprint to harness and overpower any other profession competing in your industry.

The one aspect that allows any business to scale is revenue, and that’s exactly what every partner wants. Remember, who you hang out with is who you become. And who you become is dependent on the business partner you choose from day one.

If you’re interested in signing up for this masterclass, and are ready to have business partners beg for your attention, click here to sign up for Day 1 now.

10 Methods For Boosting Team Motivation During Times Of Crisis

Sara led team motivation meetings at work. And she knew exactly how to encourage, guide, and empower each one of her employees to thrive. Ben, her boss, trusted her enough not to sit in on any of them. But it also meant that he didn’t quite know how to communicate with his team during crises. For example, one day, he called Sara and said, “please pack your things, lock up, and go straight home.” 

“What- wait, did I do something wrong?” 

“I don’t have time to explain, Sara. Please listen carefully: lock up and go home.” And then, he hung up. 

Sara was confused. Was she fired? Nothing else made sense. It wasn’t until she heard about the Boston Marathon bombings on the news that it clicked. Since her workplace was only 3 miles away from the tragedy, she understood that Ben had been looking out for her in his own way. Sara was grateful. But she also wished that Ben had provided more context. Without it, she felt lost, alone, and afraid. 

Sara and Ben’s story shows us the management dichotomy that exists in the modern workplace. Maybe you empathize with Sara and feel left out of the loop. Or maybe you resonate more with Ben, struggling to connect with your team. Yet, in these times of uncertainty, leaders don’t have the luxury of time to engineer the perfect solution. So we’ve collected these ten strategies you can use to build your team during these trying times. 

Should You Even be Focusing on Team Motivation During a Crisis? 

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In times of strife, leaders don’t have all the answers. It’s natural to be overwhelmed by all the urgent matters that are weighing in from every side. Maybe you have to contact banks and lending institutions to secure finance. Or maybe you need to put out fires with shareholders before they lose trust in you or your company. Or maybe you aren’t even sure whether your business will have a team to motivate in the long run. 

But now more than ever, team motivation needs to be at the top of your list. Why? Because crises can make or break a team. When everything seems to be going wrong, your organization needs to see and hear from you more than ever. With the right words and attitude, you’ll be able to keep your team from falling victim to panic, disharmony, or rumors. And you’ll be able to guide, encourage, and reassure your team to  persevere and deliver superior outcomes for the business. Teams can not only overcome times of crisis together but end up stronger than ever. So, build relationships, connect, and create a thriving work culture using team motivation. 

It might be daunting to think that as a leader, you bear the lion’s share of the burden. But it doesn’t have to be that way. With the right people, an uplifting attitude, and sound advice, you’ll be able to handle any crisis that comes your way. So what can you do to be the kind of leader who boosts team motivation during challenging times? 

1. Put Your Team’s Safety First

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Ben did get Sara out of a potentially dangerous situation as quickly as he could. And that was the best first move he could have made. During a crisis, people need to feel safe. But if they don’t understand ‘why’ they might become their own worst enemy. Take the coronavirus crisis, for example. If everyone had taken preventative measures, it would not have spread this much. 

When you share a short ‘why,’ you keep your employees from drawing their own conclusions. You will also stop any speculations and false rumors from spreading. 

So as a leader, let your employees know that their safety and physical wellbeing comes before any other consideration. By doing so, you will:

  • Reduce their fears of having to choose between their (or their family’s) safety and work,
  • Reinforce that they are a relevant, important part of the team,
  • Ensure your team fights alongside you to resolve the crisis. 

Use team motivation to communicate how and why their safety comes first. 

2. Don’t Pretend That There’s No Fire When Everyone Can Smell the Smoke

don't-pretend-there's-no-fire-when-everyone-can-see-the-smoke

Conventional wisdom says that you will spread negativity and fear if you share your worries, concerns, and anxieties. Being silent about a crisis as a leader, however, is no different than pretending that there is no fire even though everyone can smell the smoke. 

So, even if you feel afraid, take time to communicate with them. Acknowledge that the situation is scary and that a lot of things can go wrong. It’s OK not to have all the answers. People want to know that you are working on them. So share your thoughts on potential solutions and opportunities for growth. 

When you acknowledge your team’s fears, you are permitting them to be human. You are also giving your team motivation to keep going. These are a great way to set the tone for a high-performance team despite the crisis. 

3. Be a Conduit For Your Team’s Concerns

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The best leaders care about their teams. In crises, it’s particularly important to show them that you care. So, if possible, do whatever you can to be the person they can bring all their concerns to. For example, you could: 

  • Call a company-wide meeting where anyone who has a question can ask it,
  • Set up an anonymous email that they can send their questions to, 
  • Have a suggestions/concerns box placed in a central location of the office. 

Encourage your team to ask you any questions or raise any concerns they might have. And then let them know that you will make an effort to answer every single issue – whether you have a team of 10 or 10,000. It might not sound reasonable or possible, but it has great rewards. 

When you make yourself accessible to your team by showing up and addressing their fears, you are showing them that you are on their side. You will be the ‘people’s leader.’ They will trust in you, follow your direction, and defend you. And they will feel that they can rely on you to guide them because you are someone who cares. 

Having access to all these questions also gives you an idea of what your employees need from you. That way, you’ll be able to plan future team motivation strategies. 

Your team members also often know your business at a level of detail that can be missed when taking a high level view. By opening up a dialogue you can often get great suggestions from those in the trenches. In times of crisis a dozen small suggestions can add to make a huge impact. 

4. Employee Engagement is Still Key

Employee-engagement-for-team-motivation

Many entrepreneurs and business owners mistakenly aim for employee happiness. So when times are good, they do everything they can to accommodate their team members. While this strategy works in the beginning, in the long run, it gives away your power as a leader. Why? Because employee happiness is a fleeting and short-lived measure of the strength of your organization.

That does not mean that you shouldn’t care about employee happiness. But rather than being a goal, it should be a byproduct of your other measurable measures. These measures include employee productivity, engagement, and contribution. 

Employee engagement is particularly important for team motivation. Engaged employees tend to be more enthusiastic, passionate, and positive about their work. They tend to contribute by sharing ideas, encouragement, and solutions. They also tend to be the happiest. 

If you don’t have a culture of engaged employees yet, it’s not too late to get started. To get started: 

Once you have a team of engaged employees, it will be much easier to weather the crisis together. 

5. Be a Leader of Leaders

As an entrepreneur or business owner, you probably already have so much on your shoulders. You most likely have to make a lot of decisions each day. In uncertain times like these, there is probably so much more pressure on you. 

If you’re struggling to be everywhere at once, develop your team to make decisions on the go. Here are some tips on how to make that happen: 

  • Equip your employees with the tools and resources that they can refer back to, 
  • Use team motivation to empower and train your team on ethical decision making
  • Trust them to think through situations and come up with the right solutions. 

And once they are ready, let them know that you will back their decisions. Stand by them. This way, you’ll have a team you know you can rely on in good times and bad. 

6. Deal in Hope Rather Than Despair

be-the-captain-of-your-ship

Picture this: you are the captain of a ship. On good days, you can stand up on the sunny deck and give your crew directions. When everything goes smoothly, all you need is to steer clear of some rocks here and there. Your crew largely knows what they need to do, and you make good headway towards your destination. 

Now, imagine a large whirlpool appearing off on one side. Your crew can’t see it from their positions above and below deck, but they can feel the ship swaying this way and that. How do you help your crew fight the whirlpool’s current when they don’t understand what’s happening? 

In a crisis, your organization is very much like that ship at the edge of a whirlpool. When you know that your team doesn’t see what you see, you can change your approach. By being encouraging, clear, and concise, you could use team motivation to help them trust you. As we mentioned in an earlier strategy, don’t let fear take over. If you did, it would be no different than allowing the whirlpool to swallow your ship without a fight. 

Instead, consider talking about long-term plans and projects. But do so without making any promises that you can’t keep. If you deal with hope, you’ll find yourself with a team that wants to reach new heights with you. 

7. Check-In Often so They Don’t Check Out

check-on-your-team-often

Many businesses are still experiencing communication challenges as more people work from home. Checking-in with your employees often is more critical than ever. As you do, try to keep in mind that your employees have different priorities than they used to. 

They might be worried about their family, their health, or how to get the services they need. They might have children running underfoot or elderly relatives to look after. With all these distractions, it might be easier for them to isolate and struggle alone. They may have feelings of guilt and not want to share what they are going through with work. 

So do your best to check-in with your employees regularly. Ask them if they are OK and show them that you care if they are not. Make resources available to those who are struggling mentally, physically, or emotionally. 

Checking in with your team often shows them that you are acting on your promise to put their safety first. It also allows you to address any other issues or concerns that might arise with the new work arrangements. No one will have to feel lost or confused for long. And when the crisis is over, the relationships you have built with your team will make all the difference. 

8. Lead by Example

lead-by-example

You may already have heard this strategy because it is a time-honored and proven one. There is no greater team motivation than having a leader you are inspired to follow. 

The best approach to take is to lead from the front. Be someone who doesn’t ask anyone to do anything you wouldn’t do yourself. Be seen as someone who walks the walk. Who shows up, who shares, who cares, and who positively contributes no matter the situation. Be the first one in and the last one out. 

This strategy works particularly well in combination with the previous ones. When people feel safe, taken care of, and valued, they will take note of your actions and understand that you haven’t given up on them or the business. They will then choose to work with you and alongside you with enthusiasm and pride.

9. Remember That Every Crisis Ends

team-meeting-people-talking-to-each-other

As difficult as it might be to see now, every crisis does end. So set up systems and procedures that will see you through the dark times and into better times. Here are some tips that might help you prepare for the future: 

  • Create a plan. Assess where you are right now and what you have to do to course-correct and get back on track for your goals. 
  • Be seen. Expand your business’ reach and position yourself as an authority in your industry. 
  • Develop your mindset. Practice gratitude and meditation to maintain a healthy mindset. 

When you are centered in who you are as a business owner and entrepreneur, you can prove to your team that there is a future after the crisis. As you work towards that goal together, you’ll have a more reliable, self-motivated team. 

10. Learn From Other Business Owners and Entrepreneurs

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The most effective problem-solving technique is often also the most overlooked one. And that is to learn and implement best practices from business owners and entrepreneurs do to pivot. It’s easy, as a leader, to feel that you are alone. Maybe you also think that no one will understand your particular difficulties. Or that everything you experience is unique to your industry. We understand. 

Dan Lok struggled alone during his early years as an entrepreneur as well. But his first mentor Alan Jacques showed him the power of collaborating with and learning from other business owners. His later success was, in large part, to the fact that he surrounded himself with other entrepreneurs. 

And that was because many of them have gone through challenges and crises before. They made mistakes, but they also made winning choices. So Dan Lok was able to skip a lot of the errors and do what worked instead. 

So a little known, but effective team motivation strategy is to experience it for yourself in a group like Dragon 100. High-level entrepreneurs that gather there learn and grow alongside you, no matter what. 

The other benefit of belonging to a group of like-minded people is that you can finally talk freely. You can share your challenges, worries, and concerns without holding back. Why? Because they understand. They are either or have gone through the same things. 

Team Motivation: Be a Leader They Can Follow

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Even though the world is facing unprecedented times, with a growth-oriented mindset, a team you care about, and the right strategies, your business will be stronger than ever. So, in summary, here are the ten strategies we’ve discussed in this article: 

  1. Prioritize your team’s safety over anything else.
  2. Assure your team that they are not alone in scary times.
  3. Address your team’s concerns and encourage them to come to you.
  4. Harness your team’s intrinsic desire to participate.
  5. Train and empower your team to make the right decisions.
  6. Show your team that you are thinking about the long-term and that it includes them.
  7. Reach out to your team members often so that they don’t feel lost.
  8. Be the kind of leader your team is proud to follow.
  9. Put systems and processes in place so that you prepare for the future.
  10. Join and grow with a group of high-level, successful business owners and entrepreneurs.

be-a-leader-your-team-will-follow

How Leadership Differences Between Men and Women Are Evolving Today

How are the differences between men and women in leadership evolving today? Are there any significant differences between men and women when it comes to business and leadership?

I believe that a true leader possesses certain skills and certain personality traits. It doesn’t matter if you are a man or a woman. Leadership is more connected to your personality and skills. Therefore, I like to take a more individualistic approach. Some people are suited to be good leaders and some aren’t. It’s not so much about gender, and more about if your skill level and personality type suits leadership.

On my team, there are plenty of skilled men and women in very senior positions. I think that the marketplace is hungry for more female leaders. So while men might have been favored by society as leaders before, the era of female leaders is fast approaching.

Still, it can’t be completely dismissed that there are some general differences between men and women. This is often because of the different ways men and women are treated by society, and how they’re treated as children. Keep in mind, these are very general differences. At the end of the day, we are all different and only some of those differences can be explained by gender.

You also shouldn’t view these differences as set in stone. Think about the general direction that society is viewing gender differences right now. It might change or it might stay like this for a while. All I know is, some of the best leaders in our world today, are female.

Let’s discuss how the leadership differences between men and women are evolving today.

What Are Some Common Leadership Differences Between Men and Women?

Let’s have a look at some general trends in regards to men and women in leadership.

In recent years, women have expressed a higher level of interest in skyrocketing their careers. Thanks to a higher awareness in society, more and more women are now more readily taking on leadership positions.  The men no longer need to be the breadwinner of the family. Some women are even choosing a high-paying career over spending more time with their family. Families and household dynamics are definitely changing.

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When it comes to women in leadership, society is slowly but steadily becoming less discriminatory and more accepting. Many companies have certain policies and measures to promote more female leaders. Such measures don’t come from looking down on women. Instead, companies nowadays know that women in leadership positions can create phenomenal results.

The percentage of women in leadership positions has constantly increased. While in 1950 only 13.8% of manager positions were assigned to women, in 1980 it increased to 26.1%. And today, we are talking about more than 50%. Click To Tweet

One problem, however, is that women don’t yet find themselves in the top positions very often. They are more likely to find themselves in middle-management positions. So when it comes to differences between men and women, men are still more present in top leadership roles than women are. But we can see that this is changing, and we can at least see the number of women entering into top leadership positions rising.

Let’s look at management boards, for example. In the US, approximately 19.2% of the board seats of the largest companies are held by women. In Canada, approximately 20.8% of board seats are held by women.

There are also fewer women in top positions when it comes to the government, law or medicine.

So, there is definitely still a lot of room for women who want to strive higher.

Now, let’s have a look at leadership styles. Are there any differences between men and women when it comes to leadership style?

Are Men and Women Leading in Different Ways?

When it comes to differences between men and women, there is always an important question asked. Do they have different leadership styles? And, if the answer is ‘yes’, which style is more effective?

Again, I would argue that individual people have very individual leadership styles, regardless of gender. It’s not so much connected to their gender as it is connected to their personality. However, some might argue that women are more likely to have certain personality traits that men are less likely to have. So, let’s explore this.

First, I want to clarify that I still believe that regardless of gender, different people will naturally have different leadership styles. When we look at two men, for example, one of them might have a certain leadership style, and the other would lead a completely different way. And the same goes for women. So, differentiating leadership by men or women might be too one-dimensional of a viewpoint.

However, we can’t ignore some of the general trends that do relate to gender. There are trends we can observe in the leadership styles of men and women.  In many case studies, women proved to be as effective leaders as men – sometimes even more effective. But there are still some stereotypes that only die down slowly.

Many people still possess a bit of a bias in terms of favoring male leaders. However, many people who worked under female leaders would often say they want a female boss again, because they liked having a female boss.

Often, one of the big differences between men and women is their self-perception and self-confidence. Women are more likely to be harder on themselves and women tend to experience imposter syndrome, where they experience low self-esteem and feel undeserving of their leadership position. So, while many women might think to themselves, I’m not good enough to do this, men are more likely to exaggerate their self-confidence. Men are more likely to think to themselves, I can do this. That’s why men might be more proactive when it comes to applying for a leadership job. They’re confident they can do the job, and can easily learn what they do not yet know.

So, let’s assume there is an opportunity to apply for a leadership position. The woman might think she has to wait and learn more, before applying. The man, on the other hand, might be more likely to believe he is good enough and can learn the rest along the way.

Women tend to undervalue their skills. If you are a female leader and want to be more effective, I would suggest working on your self-perception and self-confidence. You don’t want to miss out on great opportunities because of self-limiting beliefs.

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Differences in Men and Women’s Leadership Approaches

Both men and women have the ability to be very competent leaders. When an opportunity presents itself, either gender can succeed.

Some people would argue that the differences between men and women lay in their way of working or their approach to leadership. Men in leadership positions often focus on the following: Accomplishing tasks, implementing structure, and establishing power.

Women, on the other hand, often focus on caring for the team on a personal level, motivating the team and subordinates, listening to the team member’s ideas, and problem-solving.

In other words, men tend to have a more authoritarian leadership style. They derive their power from their status. Men tend to take less advice from the team when it comes to leadership decisions. They might be more strict, they might come across as less caring, and give more direct commands.

Women generally have a more collaborative management style, encouraging participation and listening to ideas. They derive their power from effectively managing and cooperating with their team. So, when a female leader makes a decision, she would probably listen to the team’s suggestions first. After the decision is made, she would also communicate why and what that will mean for the team. Female leaders often provide more details and explanation regarding their decisions, than male leaders do.

In other words, women often lead with a transformational approach, while men take a transactional approach. Women spend more time with subordinates and focus on inspiring them. Men are less involved and often just give orders with no further communication. This also means men tend to provide very clear instructions. They are good at communicating who on the team is or is not meeting their expectations.

However, there are also men who take the collaborative or transformational approach. And there are also women who are very authoritarian or transactional. You see, I’m not talking in absolutes, I’m just talking about general tendencies here. Both of these leadership styles have great advantages but also have their limitations. Effective leaders can’t be too rigid about their approach.

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Differences Between Men and Women – Who is More Likely to be a Better Leader?

Some people would argue that women are, in fact, better leaders than men. They exhibit a lot of leadership traits that men tend to lack.

A US consulting firm called  Zenger & Folkman, conducted a study on leadership. They ranked men and women on 16 different leadership characteristics. The conclusion? Women ranked better than men in 12 of the 16 characteristics.

For example, the women exhibited better communication skills than the men. They were more respectful of the culture and ethics of a business, and exhibited more patience. If women are this great in terms of leadership skills, we definitely want to see more of them in top leadership positions.

The thing is, men and women, go through different life experiences as they are growing up. They get different advice from their parents and teachers. Women, for example, are often encouraged to be more nurturing, caring or emotional than men. They might have different role models, too. That could be another reason for their different leadership approaches.

Again, this is very generally speaking. People are already different as individuals, regardless of gender, even if gender plays a factor. Individual personality differences, however, might be bigger factors than the differences between men and women.

So, even if women ranked higher in leadership characteristics in Zenger & Folkman’s study – and we definitely want more female leaders – no two people really have the same leadership style.

Every company is different, so one approach might be perfect for one business, and not work at all for the next. There are many variables. That’s why comparing women’s and men’s leadership skills is so hard to do.

I would argue no gender is better than the other. One person might simply possess a specific leadership style that suits a certain company perfectly. It’s all very situational.

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What are Some General Effective Leadership Traits?

Now there might be some differences between men and women as leaders. Yet,  I want to suggest to look at something else. At the actual person. To determine if a person is a good leader, let’s look at their actual traits. What are they good at and what do they lack? Are they willing to learn?

What should a good leader act like?

I noticed that the best leaders have something in common. They have a clear vision and follow their mission no matter what. They have this clear idea of where they want the team or company to go, and guide others. So great leaders, they… Click To Tweet

Effective leaders don’t necessarily lead by authority. Instead, they lead by persuasion. What does that mean? They inspire others to work harder. That’s what a great leader does. They find ways to motivate their team to work harder and work smarter.

Great leaders communicate their “why”. Leaders should always make their team understand the goals and objectives. They make sure others understand what they are doing, and why they are doing it. Such a leader would want to find out what motivates their team members. They make sure everybody is working hard because they want to, not because they have to.

So, rather than forcing others to work hard, effective leaders lead by example and figure out their team’s primary motivators.

Their team then naturally wants to follow their lead. Great leaders, no matter if they are male or female, inspire hope and hard work in others. They give them something to believe in and specific goals to work towards. And they remind others of the common goal often. Important leadership skills and traits include clarity, vision, and charisma.

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What Are Women Better At?

When we discuss the differences between men and women, I’m convinced we can learn a lot from each other. This is, again, more generally speaking. But there are some things male leaders can learn from female leaders, and vice versa.

When it comes to leadership, what do women tend to be better at?

Women tend to be better communicators. They usually excel in verbal communication. And that kind of communication is important when you are in a leadership position. Think about it: How could a leader communicate their vision and mission without verbal skills or listening skills? That’s why women are great leaders. They are also great at problem-solving and at nurturing the skills of their teammates.

Women often take more initiative than men do, which is another great characteristic to have as a leader. Most people would think that men take more action, but actually, the opposite is often true. Women often have to fight harder to actually get leadership positions. That’s why they are used to taking initiative. They have great work ethic and think ahead.

Another difference between men and women is this: Women very often work twice as hard. Here’s why: Very, very often, when a man and a woman share a household, both work full time. However, the woman is the one who often also takes care of the household and possibly also organizes the care of the children. So, they actually get two or three jobs done at the same time. The willingness to work harder often makes women less lazy and more excellent leaders.

What Men Are Better At?

What do men excel at and what can we learn from them?

Most men don’t face the same obstacles a woman would face – especially if they want to become a leader in a top position. But that doesn’t necessarily mean leadership comes to them easy. Becoming a leader is competitive for both men and women. That’s why at the end of the day, it’s about the value they can bring to the table.

Most successful men have great self-confidence. While women tend to doubt their skills, men are more likely to rise to the challenge without self-doubt. That allows them to take action faster and get promoted –  before their female colleagues even feel ready to try. Effective leaders can’t be indecisive, and men tend to be less indecisive and less hesitant than women.

Men are also great when it comes to focusing on short-term outcomes. Women tend to look at the long-term results and want to know that everything goes well along the way, even if it takes longer. Men, on the other hand, want to see results faster. So they would measure their success by creating results consistently.

And as I mentioned before, men often think in a bit more of a strategic manner. When it comes to leading a company, a strategy is important. If there is no system or strategy behind a business, it won’t last long.

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Why We Need More Female Leaders

I personally think that the differences between men and women aren’t that major. Both men and women can make very good leaders. When you look at the information that is out there, many people argue women are better leaders than men. Now, I believe, this shows us how hungry the market is for female leaders and female CEOs.

In the average household, women make most of the purchasing decisions. That’s why females are needed in the marketing world, too. Women have great social and financial capital.

In the global market, companies can’t ignore 50% of the population – which is also half of the workforce. If a business would do that, they wouldn’t stand a chance against their competition. A company where all of the senior-level staff are men, would probably not do as well as a company that also had females in senior-level positions.

What does this mean for the differences between men and women in leadership? And how are the differences evolving? The market is slowly becoming more inclusive. So I’m confident we will see even more of an increase in female leaders in the next years.

The differences between men and women are definitely not easily explained. No longer is the old cliche, “men are rational and women are emotional” assumed. If anything, both men and women want to be both emotional and rational to be effective as leaders. For example, if a leader is able to connect with their subordinates on an emotional level, and evoke positive emotions, that team member might perform better. And, being rational and logical are of course important traits as well.

Hungry For More Business-Related Advice?

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I run several high-level businesses and in my YouTube videos, I provide insights on how I reached my current level of success – after immigrating to Vancouver from China and being 150k in debt. Now I’m a multi-millionaire, and my followers come to me for advice. What would it mean to you to learn from a millionaire, and get tips on how to avoid common pitfalls, and learn how to be an effective leader?

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How Effective Leadership Communication Impacts Business

If your employees are lazy and if your customers aren’t buying, one of the first things you should look at is how effective your organization’s leadership communication is.

The art of communication is the language of leadership. All great leaders are great communicators because that’s how you inspire. You have mastered the power of the spoken word to influence people to support your cause and follow you wherever you go.

If you want to motivate your employees, increase your sales, and grow your business, follow this advice on ways to improve your public speaking skills.

Watch this video about why public speaking is important for leaders.

Problems Originate From Poor Communication

When you’re a strong leader, you can take people where they want to go, even if they don’t necessarily want to go where they should. So that means as a leader, when we are communicating, we have to push and challenge people a little bit.

Very often employee problems are the result of lack of communication. Lack of employee performance is also from lack of communication.You need to have a system in place to check on the performance of your employees: what are their strengths, their accomplishments, their challenges. If you aren’t aware of their struggles, how can you help them improve?

Similarly, if you want to shift the direction of a company to make it better or to grow it, don’t focus on the company itself. Work on you, the CEO, and the other leaders of the company. Paint a clear vision and mission for everyone to follow.

If I shift the leaders, I shift the company. It’s like when you’re driving a big ship. If you turn the wheel by a small degree, the entire ship will turn.

Lack of sales in the company, like poor employee performance, is also from lack of communication, starting from the company to the marketplace.

As the leader, it’s your role to motivate your sales team. How can you inspire them to close deals, to improve their skills, and understand why selling your products is so important? It’s not just about making money. What can you do to change the company’s marketing so that your customers and your sales team understand the value that you’re bringing to the marketplace?

Strong communication skills are vital in leadership. Eventually you will develop your own leadership and communication style to motivate them. Some people may not like, it, so you’ll have to accept that not everyone will agree with you or like your style. You know what’s best for them.

Poor Communication Means Poor Sales

When I am selling something, my internal dialogue is so strong I can sell someone something they didn’t even know they wanted yet. But when I’m done selling, they say, “Thank you.” That’s not a bad internal dialogue to have. That’s how much conviction you need to have.

So what is an internal dialogue? It’s you understanding the mindset of the person you’re speaking to. Your prospect can be your employee or a potential customer.

As you’re speaking, you anticipate and you react to what they’re saying. It’s part of sales psychology to understand what’s going on in their mind. Your conviction needs to be so strong that you sell the other party on whatever you want, whether it’s an idea or a physical item.

So my question to you is, how strong a belief do you have when it comes to your products and services? Your conviction makes a difference. If it’s only 50%, how is it affecting your results?

You might think your prospects don’t know, but I guarantee you, they know. They know the minute you open your mouth. It’s all at a subconscious level. They pick up on your tonality, the words you use, and the way you control the conversation.

We can’t force people to move forward with us, but our passion can motivate and inspire them.

Conviction Drives Business Forward

As a communicator, as a leader, your energy has to be high. If you’re a five on the energy scale, your audience is going to be a one. If you want them to be at an eight or nine, you had better be at a ten. It’s the same with employees. If they’re unmotivated and low in energy, it’s because of you.

The most important person you have to influence is yourself. And you’ll need to do that all the time. As an entrepreneur, you don’t have the luxury to relax. When you chose this path, you gave that up. Your energy always has to be high to motivate yourself, your employees, and your prospects.

Ideally if you want to raise the energy level of others up to an eight or a nine, you need to get yourself up to a ten or eleven. You don’t have to be loud or outrageous like a highly animated person on a stage.

You just have to have a little bit more conviction. People crave certainty. Your employees need to know that they can lean on you for courage and solid decision making. When you walk into the room, they will stop what they are doing and pay attention. Your voice is clear, positive, enthusiastic, and authoritative when you speak.

You will need that high energy level when you deal with your customers. You need to be at a ten, because if you aren’t confident in yourself, your company, and your product, how can you sell to your customers? And if you can’t sell to your customers, how can you help them?

So confidence and conviction need to be in your voice and your attitude.

You might think that you want to be nice so you don’t offend anyone, but no transaction will take place. No one is doing business with anybody. Customers are not benefiting from your products and services. Even if you deliver great value, they might never find out if they don’t buy.

If you want to be a great leader of a company, then start with strong communication skills. You will motivate employees to perform well and customers to buy your products.

Begin your leadership by inspiring yourself.

Feeling Uncertain About Your Business?

If you want to breakthrough your current performance as a leader, and want to effectively increase your business revenue, book a free consultation with one of my advisors to discuss your goals.

How To Provide Constructive Feedback To Your Team Members

Learning how to provide constructive feedback is one of the most valuable skills you’ll ever learn.

In life, working with other people is inevitable. To achieve something great, you need a team that can help you get there. That’s why having teamwork is essential to making progress in any project. But in order to make progress, it is sometimes necessary to voice your opinions and thoughts.

Used properly, constructive feedback allows you to offer your perspectives without being offensive to others. If you disagree with the ideas of your teammates, you can tell them your honest thoughts, without being confrontational. It is a technique you can use to lift others up, and help them become better. Here’s how you can effectively provide constructive feedback to your team members.

Constructive Feedback vs. Criticism – Why People Mix It Up

Constructive feedback is not the same as criticism. Humans are naturally ego-driven creatures, and when we see someone doing better than us, we become jealous. Criticism is what people say when they don’t want you to succeed. They will insult you or say negative things to try to bring you down.

You see this all the time on the internet. These ‘haters’ are very vocal about their opinions, and will hold nothing back. For people that are finding success in life, the intent of haters is to make you think worse of yourself, so that you can stoop down to their level. These are people you should ignore – for their opinions have no merit.

Constructive feedback however, is similar to criticism but with good intentions. Constructive feedback is when you offer your opinion, and state what you think would be a better alternative. For example, let’s imagine a scenario where you are working in an office. You think the report you typed up was good, but your manager thinks it could be improved. Your manager points out some sections that you could change, and how you could change them so it sounds better overall. That is constructive feedback.

The Good, The Bad, And The Good

Done properly, constructive feedback helps others see their mistakes and gives them an opportunity to improve. One of the most effective ways to offer constructive feedback is with something called the ‘Feedback Sandwich’. 

The way it works, is that if you have something ‘bad’ to say, such as what they could do better, you sandwich that ‘bad’ opinion with two ‘good’ opinions. For example, let’s say you think a team member would be more efficient if he took his hat off. You would offer constructive feedback by saying:

Good: “Hey <name>, you work very fast!”

Bad: “But I think you could be faster if you took your hat off, as it distracts you from the project”

Good: “Overall, I think you make a great contribution to this team.”

By sandwiching constructive feedback, you are softening the blow. Humans remember the last thing that was said to them. By ending your feedback with praise, the person will feel less offended by what you have said.

Resolve Conflict By Putting Yourself In Their Shoes

However, in certain situations your team members may have very strong opinions about something. As a result, they are adamant about their position, and refuse to see your point of view.

You: “I think red would look better.”

Them: “I disagree. We should go with blue.”

In this scenario, neither person is right or wrong. As a result, it is much more difficult to offer constructive feedback, because neither side sees the other person’s point of view.

The best way to resolve this type of conflict, is to put yourself in the other person’s shoes. Instead of believing in your opinion is the correct one, flip the script and assume the other person’s opinion is better. What reasons can you think of that would make them think that way? Why do you think they chose their opinion over yours?

How Roleplaying Can Help You See Different Perspectives And Resolve Conflict

Roleplaying is a very powerful way to offer constructive feedback. For example, in the industry of sales, roleplaying becomes a powerful tool when it comes to prospect and salesperson interactions.

Each person takes turns playing the role of the salesperson, and the prospect. In this instance, you are able to learn from your partner. You can see a live example of how they speak, the words they use, and what techniques they use to try to influence you. This allows you to get a feel for what it’s like to be one role or the other, which is invaluable in understanding what each side is feeling and thinking.

Roleplaying also allows you to see the flaws you yourself cannot. Because there are two people involved you can see the flaws your partner cannot – and vice versa. In our minds, we have created a very strong image of who we think we are. When a new bit of information threatens this image, we become defensive and refuse to acknowledge that piece of information.

This is why world class athletes hire coaches to help train them. The coach helps the player to see the flaws they cannot. If the player acknowledges what the coach is saying, they can improve themselves by correcting their own mistakes. However, if the player remains stubborn and refuses to acknowledge their own mistakes, they will stay the same.

Why A Bitter Hard Truth Is Infinitely Better Than A Sweet Sounding Lie

Let’s imagine that you were learning a new skill – for example closing. What do you think would be more valuable: Someone who lied and said you were the best closer on the planet, or someone who pointed out your mistakes and what you could improve on?

In order to become the best version of yourself, you need to constantly examine yourself. However, we cannot examine ourselves, because there are certain flaws that we will unconsciously ignore given human nature. The only way to get an accurate examination of our own selves, is to ask another person.

This becomes a problem when the person you are asking is someone that cares about you. Family members and close friends are people that care about your feelings. As a result, if you ask them for their opinion on what they think of your closing ability, they may lie to you to make you feel better. But the truth is, this does more harm than good.

By being told a lie, you go around in life believing you are someone that you are not. You are living a false life – believing that you are the best, when in reality you could be terrible. And when it comes time to test your skills, you’ll fail and fail badly – because of the lies you have told yourself.

The Concept of Tough Love And Why It Is The Best Form Of Constructive Feedback

My mentor Dan Pena, is infamous for using a form of constructive feedback called ‘tough love’. Tough love essentially means that because you care about that person, you will be extremely brutal and harsh with them if it means you can help them improve.

While many people may disagree with me, I believe Dan Pena cares about his mentees. He cares so much, that he is willing to do ANYTHING it takes in order to make you successful. That includes swearing, shouting insults, using profanity, being offensive, uttering racist remarks and in rare cases – physical violence. But from my perspective, that is the best example of what true constructive feedback looks like.

The goal of constructive feedback is to help the other person improve and get better. If that means being harsh with them from time to time, that is the price you must pay. The opposite, would be to treat them gently but prevent them from seeing any improvement at all.

Understand that being critical of someone does not mean you do not support them. In life, it is often those that are sheltered from the bitter truth that grow up to be unsuccessful, because they’ve been fed lies that they believe are true. This is why the best way to help your team members become better, is to offer the truth – no matter how hard it is. By covering up the truth with a lie, you are doing them a disservice and preventing them from improving. You are acting no better than a hater, by keeping them where they are.

Snowflakes Melt Under Pressure – Don’t Be One of Them

Another saying that I learned from my mentor Dan Pena is the quote “Snowflakes melt under pressure”. 

There are certain issues that exist today that didn’t exist a few decades ago. For example, some people are very sensitive to negative stimuli or pressure. When people use profanity, they get deeply offended or refuse to listen at all. They feel as though they are being personally attacked, and get ‘triggered’ as a result of other people’s words or actions.

This is what Dan Pena means by “Snowflakes melt under pressure”. Life is tough and pushes everyone around. Sometimes those pushes are gentle, and sometimes they are very rough. People that cannot tolerate what life throws at them, are doomed to melt from the pressure. The only people who can become successful, are those who can endure life’s lessons and take what is thrown at them without reacting. And if you are a snowflake – something that melts easily under high heat or pressure, you will not succeed.

Being Non-reactive Is The First Step Towards Achieving Success In Life

Think about it like this: Why do you allow yourself to be influenced by negative stimuli?

I know many people that get offended by profanity and have commented that I should stop swearing. And occasionally, some bad words may slip out of my mouth when I am passionate and trying to make a point. However, to people that get offended by the slightest amount of swearing, my question to you is why does it offend you?

If you want to become successful in life, you have to take control of it. That means you cannot make excuses, or blame others for your failures. If you are someone that gets offended by swear words, ask yourself why you are offended in the first place. 

Most likely if you get offended by certain things such as profanity, it is because you are allowing it to offend you. Remember that there are certain people who get offended, and others who could not care less. What separates you from these type of people? Why do you allow yourself to become offended – and if that is the case, do you like that it offends you?

When someone swears and you become offended, that is a reaction. You are reacting to the actions of someone else, and allowing it to influence you and take control of your life. Unless you learn to control your own emotions, you will always be at the mercy of other people. They will push you around against your will, and you will always be a slave to their words.

An Inside Look At A High Ticket Closer’s Mindset To Achieve Success

A High Ticket Closer is someone who understands and embraces these principles. They acknowledge that they are not perfect, and that they have flaws. In order to become the best version of themselves, they are committed and willing to do whatever it takes to get there. That means putting aside their ego, and allowing others to point out their mistakes. A High Ticket Closer understands they need to wholeheartedly embrace constructive feedback so they can improve. Only by acknowledging and correcting your mistakes, can you truly improve and become better. That is the secret behind how to become successful in a very short time – because you are willing to do what no one else will.

That’s why when our community of closers hops on calls and practices roleplay, they understand they are there to learn. That means putting aside their ego and emotions, and focusing on what matters. No matter how good they may be, there is always something new they can learn. A High Ticket Closer’s mentality is to continuously improve not for a day, month, or year. A High Ticket Closer is committed to continuous improvement for their entire lifetime.

How A Tiny Caterpillar Becomes A Magnificent Butterfly By Embracing Hardship

Opening yourself up and allowing others to point out your mistakes is not easy. In fact, the learning process can be quite painful. Imagine for example, that your team members are like tiny little caterpillars. They go through life not knowing anything besides crawling around and munching on leaves. The only way for them to travel, is to crawl around slowly – making them an easy target for predators like birds.

But overtime, this caterpillar will grow larger and larger. And one day, it will decide it has had enough of eating leaves and going through life at a caterpillar’s pace. So it does something unimaginable – it transforms itself. The caterpillar finds a safe place, hangs upside down and forms a cocoon, which it will stay in for weeks until it has finished its transformation. Throughout this process, the caterpillar disintegrates it’s entire body and tissues until it becomes entirely liquid, then re-creates itself.

After a few weeks, what emerges is no longer a small, tiny leaf munching caterpillar. What emerges is a beautifully winged butterfly, who is free to spend the rest of its life soaring above the ground it used to crawl on. It grows distinct markings and colors to scare off predators, and no longer has to live in fear of them. It’s wings allow the butterfly to access a variety of better tasting foods, such as sweet nectar from flowers, and explore lands it would never have been able to visit before.

The small tiny caterpillar has completely transformed itself into a magnificent butterfly. And as a result, it no longer has to crawl slowly on the ground, living in fear of predators and eating dry bland leaves. It now has the freedom to take flight and does so proudly – displaying its wings and colors, and leaving behind it’s old life and image.

The Secret To High Performance Is Simpler Than You Think

To become the best version of yourself, you must be open to receiving constructive feedback.

High performers understand that they are not perfect. The most successful people hire coaches to help them see their mistakes and flaws, so that they can improve upon them. Only by being brutally honest, can you truly strive to make progress and become the best version of yourself.

That means you must do the same for others as well. Being afraid to hurt your team members’ feelings only harms them in the long run. Lying to make them feel better will only work to give them a false sense of achievement. If you truly have their best interests at heart, you will be honest with your opinions. 

HTC students are trained on systematically providing constructive feedback so they understand how to be both the teacher and student. In doing so they learn how to listen more attentively and effectively communicate with substance and influence. If this is something you want to learn, reserve a spot now to watch this introductory masterclass.

Why “B Players” Are Dangerous For Your Business

One of the biggest mistakes business owners make is underestimating how dangerous their team’s B players are for their business. B players can prevent your business from reaching its growth potential, and can also prevent your business from scaling. 

The problem is that many business owners don’t have high enough standards for their employees, so they think of B players as being “good enough”, and they trust B players with critical responsibilities. These critical responsibilities are duties that can negatively affect the business if done incorrectly, which is why only A players should be entrusted with these responsibilities. 

Most businesses have a team that is comprised of A players, B players, and even a few C, D, or E players. Unfortunately, it’s common for only 10% of a team to be top-performing A players. Around 20% of a team will be comprised of C, D, or E players who should have been let go ages ago. Does that sound familiar? This means that at least 70% of your team is comprised of B players. 

Business owners typically pay the most attention to the top 10% performers on their team (the A players) or the bottom 20% (the C, D, and E players) while the B players get ignored. Is it dangerous to ignore your B players? Yes. We’ll get to that later. First, let’s discuss what a B player is. 

b players at the office, looking disinterested

What Exactly is a B Player?

The best way to explain what it means to be a B player, is to compare a B player to an A player. An A player is easy to spot on your team. The coveted A players are noticeably ambitious, self-motivated, proactive, self-reliant, and known for their consistently high energy and peak performance. A players are the winners on your team, and they don’t go unnoticed.

B players need more micromanaging and external motivation in the workplace, as they have trouble with self-motivation and self-discipline. B players are decent at their job and do some things well, but you can’t rely on them to take your business to the next level.

Their work will be fine – sometimes it’s even good – but it won’t be great. If you want great, you need A players.

Think of it this way: The “B” in “B player” stands for bare minimum. Many of them do an okay job, but it’s rare that they’ll do much more than the bare minimum. In other words, it’s rare that a B player will exceed your expectations. 

A players, on the other hand, are known for not just meeting expectations but exceeding expectations. A players go above and beyond what’s in their job description.

On the other hand, B players will say things like, “That’s not in my job description” which is an indication that they want to get away with doing the bare minimum – nothing extra. 

B players tend to be quite lazy, and they prefer to stay in their comfort zone. This means they will rarely ‘think outside the box’ and get strategic to solve a problem. A players understand that they often have to leave their comfort zone to solve big problems. A players are also much more motivated to solve problems because they strive for greatness.

B players are less ambitious. B players also tend to make excuses for poor performance rather than taking accountability like an A player would.

bored employee at her desk

Why Do B Players Fly Under The Radar in the Workplace?

One of the reasons why B players are dangerous for your business, is because they tend to fly under the radar. They get away with being mediocre because they just barely meet expectations by doing the bare minimum – and they do a decent job, so they often go unnoticed. 

B players fly under the radar because they don’t make waves. They don’t make serious mistakes, nor do they achieve anything seriously outstanding. They hide out in their quiet comfort zone of mediocrity. And mediocrity is dangerous. Nobody wants a mediocre business.

Remember how earlier, I mentioned that business owners typically pay the most attention to the top performers on their team (the A players) or the bottom performers (the C, D, and E players)? This is largely why B players in the workplace get ignored, and this is why they get away with their inferior performance.

A player and B player at work together

B-Players Often Repel A-Players

While you, the business owner, might not pay much attention to your B players for the reasons I just mentioned, do you know who does notice them? Your team’s A players. You see, the A players on your team get frustrated with the B players’ level of mediocrity. This is dangerous, since you want to keep your A players happy.

Your business could be in serious danger if you lose your A players. The problem is that A players want to be around other A players. They don’t want to be working hard, and look over at a B player playing a game on their phone or taking a sip of a beer.

B players can also damage your business by repelling A players who may have otherwise been interested in working for you. It’s harder to attract A players to work for your company if you have a lot of B players on your team. A players attract A players. Remember that.

Can You Turn B Players Into A Players?

I know what you’re wondering. You’re wondering if you can turn your B players into A players, instead of letting them go. Unfortunately, most of the time, it’s too costly to try to turn B players into A players. It’s a wiser business decision to just replace them with A players, and it’s typically more cost-effective, too.

Janine Popick, co-founder and CMO of Dasheroo, told Inc, “You’ve got to nip your B-players in the bud. Either get them to “A” status by coaching and mentoring them, or cut them loose. You don’t want to look back and think about where your business ‘could have’ been.”

My advice would be to only coach and mentor a B player if you truly see potential in them. You should also ask yourself, what is causing them to under-perform? Is it laziness? Ego? Fear? Mindset? Can you change them? You have to figure out if it’s a personality issue, a behavioral issue, or a capabilities issue. None of these can be easily changed, but of the three, it’s easiest to change a capabilities issue with coaching.

Sometimes you can change their mindset to think more like an A player, but sometimes you can’t. Sometimes B players have deep-rooted issues and they are a long road away from being ready for change.

You should only give a B player about six months to improve before sending them packing. I’ve seen B players turn into A players with the right mentor, but it’s rare.

In other words, coaching a B player and turning him or her into an A player is the exception, not the rule. Once you do a cost-benefit analysis, you’ll probably realize it’s better to just let your B players go.

Boss firing a bad employee

When Should You Let Go of Your B Players?

When is it time to fire your B players? As Larry Yacht, former Navy SEAL and co-founder of Plan Sight says: “The answer is Yesterday.” Yacht says, “I have never been in a situation where I have decided it’s time to let someone go, and not realized I should have let them go weeks ago. If you ever ask yourself if you should let someone go, the answer is that you should have let them go yesterday.”

I’ve personally have learned how toxic and destructive just one bad apple in an organization can be. B players typically know they’re getting away with under-performing, so they know it’s only a matter of time before they’re fired.

It might be a relief for them to be let go. Perhaps your requirements outweigh their capabilities, which has been causing them stress for some time.

Perhaps they’re just not cut out for the mission you had hoped they’d successfully embark on within your organization. You wouldn’t send one of your team members on a dangerous mission knowing they’ll fail, because if they fail, it puts the whole team in danger.

It’s better to just cut ties. The sooner the better.

Why You Shouldn’t Be Afraid to Get Rid of B Players

It’s not always an easy decision to let employees go. However, as a leader I have to make these decisions all the time. I have to fire people. It’s often not a popular decision. Any type of change causes conflict because many of your team members won’t like the change. But don’t worry – they will adjust.

Larry Yacht explains, “We are conditioned to be lazy and to not like change. We want to conserve our resources, which is why we often want to keep someone around instead of letting them go. Any change will require mental resources, physical resources, costs and conflict.” Yacht also explained that he tends to analyze the problem with the employee or contractor in question. If he finds that it’s a capabilities issue, he asks himself, What’s the cost to improve their capabilities, and is it worth it? 

You have to focus on your business goals, and stop accepting less or settling for less. Have higher standards for your business, and figure out ways to attract more A players. You business will have a higher chance of survival if you attract more A players. According to the U.S. Small Business Administration, less than half of small businesses will survive 5 years, and only one-third of small businesses will survive 10 years.

Speaking of your business’s survival, you can never put B players in charge of sales. They aren’t ambitious enough to feel the need to beat sales targets. They’ll be happy if they just barely meet those targets.

Chances are, replacing three B players with one A player will leave your business in a better position. Your business will then have the potential to be great. I know it’s a hard decision, since some of your B players do good work sometimes. John D. Rockefeller, one of the wealthiest Americans in history, famously said, “Don’t be afraid to give up the good to go for the great.”

Rockefeller quote

Hire More A-Players in 2020

If you want to see your business achieve more success, one of your New Year’s Resolutions should be to hire more A players in 2020. You need to replace your B players with A players.

Serial entrepreneur Jon Soberg once said of B players: “Every person you hire who is not a top player is like having a leak in the hull. Eventually you will sink.”

You don’t want your business to sink, do you? Luckily, the A players you bring on board will quickly patch the holes your B players left behind.

You may be wondering how to attract more A players. The thing is, just like closing big business deals requires the skill of closing, so does closing A players. You’ll need to be a great closer to convince a multitude of A players to work for your company. If this is your goal, it might be time to upgrade your closing skills.

If you want to master the art of closing in order to close more A players to work for you, and to close more business deals, watch my free training on High-Ticket Closing here. Your business can skyrocket in 2020 if you commit to your success.