Have you made a dumb business mistake?

26 Sept 2024 · 1 min

Watch on YouTube

0:48

In this brief YouTube monologue, the speaker addresses Feras and reflects on a common business mistake: mishandling the hiring and management of smart, qualified employees. The speaker emphasizes that after hiring a capable person, leaders must provide extensive onboarding and support to convey the company's services, client needs, culture, and values. Once the new hire is equipped to execute, the leader should step back, avoid micromanagement, and allow the employee to own their domain, delivering results that impress both the leader and clients. The core message is a two‑phase approach—initial intensive support followed by empowerment and autonomy—to maximize the impact of high‑performing hires.

Chapters

Hey, Feras. I was just wondering, have you ever made a dumb mistake in business? I've done a whole lot of dumb mistakes. One of them is to do with hiring and hiring smart people. When you hire a smart person, a qualified person, a hardworking person, my friend, you have to get out of their way. Do not micromanage them. Initially, provide them with a lot of support. They need the support. They need to understand about what you do and what you offer and what the clients needs are and the company culture and the values of the business. Yes, give them a whole lot of support initially. Spend a lot of time onboarding them into the business, into their role. But once they're ready to execute, you got to get out of their way. Let them be the king or the queen of their domain. Let them deliver and impress you and impress the clients.