Mike Melton says most businesses fail to invest in their workforce, paying minimal wages instead. He points to empty bays and a struggling shop as proof that underinvestment in people costs you more than it saves. Your team is your greatest asset.
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This is what I talk about when you guys want to invest in yourselves, invest in your company, or invest in your employees. This right here is what you get. You get empty bays. Now look, we're walking down the road. Look, my shop is right down here, just like I showed the other day. These guys are a big corporation. They have enough money to do the right things, to get the right advertisement, to get the right people, but they choose to pay people pennies. And this type of company, they choose not to invest in their employees. Listen, your best investment are your team— is your team. Y'all have to understand that.