Lesson #5: Make Your Workers Happy
Lesson #5: Make Your Workers Happy
Simmons has a reputation throughout the business world for having a very low staff turnover rate. Filled with longtime loyalists, Simmons’ businesses represent his personal philosophy of treating people equally and with respect. Simmons encourages his workers to act as entrepreneurs themselves, recognizing that not all great business ideas are going to come from just himself. He maintains an open-door policy, allowing his workers to develop their own projects that they feel passionately about and bring their business plans to Simmons for approval.
“The key is to properly incentivize people,” reveals Simmons. “You’ve got to make sure that, at the end of the day, you both have a good reason to go to work, and that there are no good reasons – for them or you – to move.” According to Simmons, a happy worker is a hard and a loyal worker. “I try to incentivize people fairly – with opportunity and money.”
While Simmons is often the brainchild behind his new products or lines, he gives his executives the independence to execute his vision as they see fit. They are given the time to develop a working business plan, and then come back to Simmons for the final endorsement. Simmons’ staff also tends to be as passionate about the hip-hop culture as he is himself, which further encourages the entrepreneurial spirit throughout his businesses.
Simmons claims that the second key to having efficient workers is “to let everyone fill in the holes that they’re good at filling in.” As an effective manager, Simmons recognizes his own strengths and weaknesses, as well as those of his staff, and compensates accordingly. Not only does this create a more satisfied workforce, but a more cost-effective one as well. This is why Simmons surrounds himself with highly educated people, who can perhaps fill in some of the business acumen that he lacks from not having a business degree. “I learned that I have a lot of talented, smart people around me,” he says. Confident in his abilities, Simmons is not afraid to admit where he could use some help, especially if it means improving his potential for success. “All my businesses run better when I’m working with people who are smarter than me.”
Simmons’ management style is said to be a disorganized, entrepreneurial free-for-all, but one that has worked with astounding success for him. His workers are always kept motivated and inspired both by Simmons’ own work and by the opportunities he provides to them. He opens the door for them to launch their own new ideas and share in his success; they just have to seize the chance and walk through. In doing so, Simmons is helping to guarantee the longevity of his companies, since a content and loyal workforce is the backbone to any healthy business.
Lesson 5 Make Your Workers Happy
Like this article? Share it with your friends
“You have to employ winners, and then allow winners to do what they do,” says Simmons. “You have to give them autonomy, which means, in a lot of cases, the opportunity to make mistakes.”
Simmons has a reputation throughout the business world for having a very low staff turnover rate. Filled with longtime loyalists, Simmons’ businesses represent his personal philosophy of treating people equally and with respect. Simmons encourages his workers to act as entrepreneurs themselves, recognizing that not all great business ideas are going to come from just himself. He maintains an open-door policy, allowing his workers to develop their own projects that they feel passionately about and bring their business plans to Simmons for approval.
“The key is to properly incentivize people,” reveals Simmons. “You’ve got to make sure that, at the end of the day, you both have a good reason to go to work, and that there are no good reasons – for them or you – to move.” According to Simmons, a happy worker is a hard and a loyal worker. “I try to incentivize people fairly – with opportunity and money.”
While Simmons is often the brainchild behind his new products or lines, he gives his executives the independence to execute his vision as they see fit. They are given the time to develop a working business plan, and then come back to Simmons for the final endorsement. Simmons’ staff also tends to be as passionate about the hip-hop culture as he is himself, which further encourages the entrepreneurial spirit throughout his businesses.
Simmons claims that the second key to having efficient workers is “to let everyone fill in the holes that they’re good at filling in.” As an effective manager, Simmons recognizes his own strengths and weaknesses, as well as those of his staff, and compensates accordingly. Not only does this create a more satisfied workforce, but a more cost-effective one as well. This is why Simmons surrounds himself with highly educated people, who can perhaps fill in some of the business acumen that he lacks from not having a business degree. “I learned that I have a lot of talented, smart people around me,” he says. Confident in his abilities, Simmons is not afraid to admit where he could use some help, especially if it means improving his potential for success. “All my businesses run better when I’m working with people who are smarter than me.”
Simmons’ management style is said to be a disorganized, entrepreneurial free-for-all, but one that has worked with astounding success for him. His workers are always kept motivated and inspired both by Simmons’ own work and by the opportunities he provides to them. He opens the door for them to launch their own new ideas and share in his success; they just have to seize the chance and walk through. In doing so, Simmons is helping to guarantee the longevity of his companies, since a content and loyal workforce is the backbone to any healthy business.
Lesson 5 Make Your Workers Happy
Like this article? Share it with your friends
 | |
 |
good content
Commented on Lesson 5 Make Your Workers Happy. |
| |
Leave Your Feedback |
 | |
| |||
Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
|||
George LudwigGeorge Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website |
|||
|
To learn more about the Evan Elite Author Program please contact us. | |||
|
 | ||
 |
||
 |
||
 |
||
 | ||
 |
| Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details. |
 |
 |
| Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media |
|
|
 |
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"
Click Here To Learn More |
|
|
|
|
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
|
|
 |
 Human Resources Checklist Franchise & Distribution 3 Deadly Traps Customer Focus Find & Keep Profitable Clients |
|
 | ||
 |
The Top 10 Guy Kawasaki Posts
Best Posts for Entrepreneurs | |
 |
Fortune Hunters
CBC Entrepreneur TV | |
| ||
 | ||||
| ||||
|
| ||||
| ||||
|
|
|
|
|
||||||||||||
|
Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
|
|
|
| ||||||||||
|
| ||||||||||
|
|
||||||||||