What Type of Person Should Every Business Leader Hire?
What Type of Person Should Every Business Leader Hire?
As a business leader you have a lot of responsibilities. In fact, depending on your exact position in the company you work for, you might be the one responsible for all the major decisions that have to be made. As an effective and successful leader, you know that some of the most important decisions you will make will be the people you choose to hire. After all, even the greatest business leaders can’t do it alone. Who you choose to hire could end up making or breaking your company, so you have to hire the right people, especially for the most important positions. So what kinds of employees should you be looking for?
Not Looking for a “Yes Man”
In any business, you’ll find employees with all kinds of different personalities. So if you think about all the different people you need to bring on, who are the most important people a leader can hire? In other words, which kinds of employees are going to make the biggest difference in your company? Most bosses like when people get behind them and help move their agenda forward. However, believe it or not, the kind of person you need the most is the kind of person that will let you know when you are wrong.
Surround Yourself With Free Thinkers
So, why are these kinds of people so important to a business? The fact is, people that are able to see things that other people can’t and aren’t afraid to question the status quo, especially when that direction comes from the top, are often the same people that introduce new ideas and concepts that lead a company to places never thought possible. Those outside-of-the-box ideas also often lead to major successes. This is one more reason that investors in startup companies should always look very closely at the employees that those company’s leaders surround themselves with.
Easier Said Than Done
The problem is this can be difficult because many leaders want their executives to get in line and follow suit. At the same time, junior-level executives don’t want to rock the boat and put their job at risk. These two factors combined make it difficult to hire these types of people. However, for those who figure this concept out and implement it into their hiring practices, the results can be extremely beneficial. For example, Warren Buffet, one of the world’s richest people often invites these types of individuals to his company’s shareholder meetings. While one can only speculate on how these meetings go, the strategy would appear to be working, based on the enormous success of Buffet’s company, Berkshire Hathaway.
Hire Those Who Will Tell You You’re Wrong
The bottom line is if you are a business leader who makes the hiring decisions for your company, then you need to consider all kinds of employees in order to help your company achieve success. However, the most important kind of person is going to be the person that is willing to tell you that you just might be wrong.
We hope you found this article about “What Type of Person Should Every Business Leader Hire?” helpful. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe to our YouTube Channel for more updates.
Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
Alan L. Olsen, CPA, Wikipedia Bio
GROCO.com is a proud sponsor of The American Dreams Show.
The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.
Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.
The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.
They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..
American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:
Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…
MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement:
In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.
Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.
Request Telephone Tax Refund By Amending Your Return
Request Telephone Tax Refund By Amending Your Return Maybe you filed your federal tax return, received a refund and even spent the last penny before realizing that you missed out on a one time opportunity to request the Telephone Excise Tax Refund! Luckily, some opportunities do call twice. You can still request the telephone tax…
Tax Saving Strategies For Business Owners
[vc_row][vc_column][vc_column_text] Tax Saving Strategies For Business Owners 1. Did you know you can use your previously funded IRA to fund the current year’s deductible contributions? Well, you can. If you don’t have enough cash to make a deductible contribution to your IRA by April 15th, here is how you can still take the tax deduction.…
Credit Default Swaps – Impose A Tax On Bogus Insurance
[vc_row][vc_column][vc_column_text] Credit Default Swaps – Impose A Tax On Bogus Insurance By Ron Cohen, CPA, MST Partner Greenstein, Rogoff, Olsen & Co., LLP Proposal to amend the U.S. Internal Revenue Code: Any Seller, Buyer or Insured Party who enters into a Credit Default Swap (“CDS”) contract insuring U.S. source risks will be subject to an excise…
Income Tax Deferral Strategies for Real Estate Investors
Income Tax Deferral Strategies for Real Estate Investors There are a number of significant income tax benefits that are often overlooked by real estate investors that could allow them to defer or exclude some or all of their income tax liabilities on the sale or disposition of their real estate tax deferral assets. It is…