Cover art for podcast Profit by Design

Profit by Design

296 EpisodesProduced by Dr. Sabrina StarlingWebsite

You work hard in your business.On the Profit by Design Podcast, we ask the BIG question:What has your business done FOR YOU lately?Join Dr. Sabrina Starling, The Business Psychologist™ and founder of Tap the Potential weekly, as she brings you tips, tools and strategies to support YOU in making inte… read more

23:24

07: The Emotional Side of Managing Employees with Mike and Dr. Sabrina

Are you waging emotional battles that may be blocking you from managing your employees properly? The whole “people side” of running a business can be baffling, especially if emotions cloud what you should be asking of your team members, or are preventing you from coaching their behaviors that need to change for the good of your business.

Mike and Dr. Sabrina share their personal experiences of managing team members and even tell us about a few mistakes they made along the way. It is so important to have the correct mindset as an employer in order to manage team members effectively so that your company can stay sustainable and profitable. But how can entrepreneurs keep their emotions in check?

Show Highlights

  • Business owners already wear many hats, so adding the task of managing employees can be challenging.
  • Dr. Sabrina advises us to guide and shape team members in our businesses so they come into alignment with our values and expectations.
  • Mike shares personal struggles he had early on with managing employees when the lines between friendship and employer were blurred.
  • Dr. Sabrina says many times business owners find themselves getting very frustrated when they don’t have a healthy mindset.
  • The mental rock bottom was a difficult space for Mike early in his business but changed when he reached out to coaches and others in order to work on his perception of the employer/employee relationship.
  • If an employee doesn’t work out, it doesn’t mean he is a bad person. Mike says letting an employee go can help improve a business and actually can be seen as growth rather than something negative.
  • Mike emphasizes that from day one, let a new employee know how important it is to communicate with you. Set specific roles for employees and tell them to let you know how you can help them. 
  • Dr. Sabrina adds that one on one, weekly, team meetings are imperative to maintaining clarity and open communication between you and your team members.
  • Moving forward past any negativity in your business is important. Mike says employers need to learn from mistakes and move past them.

Resources:

Dr. Sabrina’s ‘Short & Sweet’ Weekly Meeting Agendas and Blog Post with Meeting Best Practices

The 4 Week Vacation™ Program

Tap the Potential website

 

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