Mike Melton compares hidden business problems to cancer: owners spend money to cure it in their bodies but avoid the costly fixes that would save their companies. He argues that investing in training and replacing underperformers buys back your time and lets you hire better people.
Chapters
Hypothetically speaking, you went into the hospital and the doctor said, man, you got cancer. You only got so much time to live, but we could fix this if you just let me do a little bit of surgery on you, right? And of course, that surgery is going to cost a little bit of money. Now, this ain't no different from your business because the thing is, there's a lot of cancer inside of business and the owners will not get rid of them. The owners will not train them. The owners will not spend the necessary money to get that out of their store to where it gives them more freedom. They can buy back their time and have better A-players. So it's kind of crazy that you would spend money at a doctor to get rid of the cancer, but you're letting the cancer destroy your business. Make this make sense to me.