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Team Ownership: Get Them to Think Like a Founder

33m · Freedom Blueprint Show · 24 Feb 06:30

Ryan attributes the success of his business to how he was able to scale up effectively by empowering his employees to think like an owner. Jon and Gabe agree that life is just easier when they can trust their team when they’re “out.” Your three co-hosts share their tips on how you can make your team accountable and autonomous in their work.

 

Key Takeaways:

  • Ryan gives Jon some wise dating advice.
  • How do you create a team that thinks like an owner?
  • Ryan attributes this as one of the biggest reasons why his business grew.
  • If the business is going to work when you’re gone, team ownership is the best way for you to go about it.
  • In other parts of the world, people are still living in extreme poverty and their decisions can be critical to whether they live or die.
  • You have to have someone in your organization that’s good at holding people accountable.
  • Ryan shares some advice on how he empowers his people.
  • Jon shares how he treats his team.
  • Gabe is reading a book right now that is blowing his mind on how to best manage people.
  • Ryan currently bought two competitor companies. He shares how he’s going to help them to get to work together.
  • You never want to create a culture where people are afraid to make mistakes.
  • A disengaged employee is the worst thing that can happen in your business.
  • How do you structure employee incentives? Ryan weighs in.
  • Jon asks how do the guys feel about flexible work hours as a policy?
  • If you have the right culture and the right people who care about their job, they’re not going to leave you hanging.
  • As Gabe has evolved as a business owner, you empower your team by helping them decide what are the best system and processes for them to use.
  • Ryan’s process is, let’s define the outcomes together, but let his team figure out the behaviors on how they are going to get there.
  • When you track people’s behaviors, that’s when it starts to feel like you’re micromanaging people.
  • Gabe gives an example of how your team can really surprise you when you just let them do their thing.

 

Resources:

Freedomblueprintshow.com

Humanocracy: Creating Organizations as Amazing as the People Inside Them, by Gary Hamel and Michele Zanini

The episode Team Ownership: Get Them to Think Like a Founder from the podcast Freedom Blueprint Show has a duration of 33:04. It was first published 24 Feb 06:30. The cover art and the content belong to their respective owners.

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