Being profitable is one of the most important priorities in business. Without a strong cash flow both in and out, you’re not going to make it past the first year of running a company. And to that same end, it’s best to ensure you’re setting a good example for your employees at the same time. Why? Because it can make you much more money! Here are a few reasons why.
You’ll Be Taking Part Efficiently
If you’re working closely with your employees, getting involved in the day to day running, rather than sitting in an office taking calls, networking, and watching over the workplace, you’ll make a much more efficient use of your time. And that means you really pay yourself back for the work you do!
You’ll make real connections with your workforce, come to know them more personally, and find yourself putting more stock in your skill. This cycle will then go on, and transform into training programs, promotion opportunities, and allowing your employees to put their best foot forward.
Deals Will Be Closed On Time
If you’re someone who has an eye for detail, is always aware of the time, and has a natural charisma to the way they work, your employees are going to pick up on this. After all, you’ve instituted these factors into the company culture, and anyone who doesn’t align with them needs to adapt fast.
As such, your deals will close on time every time, invoicing will be taken seriously, and your client communication will be the best of any of your competitors. This is all good news for you; you might just make twice the profit in the same amount of time without much extra effort!
Paperwork is More Likely to Be Filled Out Correctly
The admin involved in operating a company can really get on top of you, so make sure this is a priority when you’re trying to set an example. If you’re able to do it, and you’re keen to help your employees do it, the necessary paperwork for keeping your business running will be filled out impeccably. You won’t have employees coming up to you every week asking how to fill out a timesheet – they’ll be able to quickly and quietly get on with it, thus keeping the system well oiled and running smoothly.
You Can Set Goals Together
Setting goals as a team is always a good idea. Why? Because it ensures you all know what you’re doing, and that the goals you set are realistic and actionable. You’re not trying to force any objectives that are out of touch, or entirely impossible, into your working team. You’re on the ground with them, seeing what can be done, and that’ll keep employee turnover and downtime to a zero.
Setting an example for your employees is easier than you think. You just need to get involved, and ensure your inner values bloom into a positive and encouraging company culture you’ve created around you.