Building a High-Performing Team

I'm excited to share some valuable insights to help business owners succeed by learning from successful entrepreneurs and business owners.

Building a Successful Team: Gene Bohensky’s Experience

Gene Bohensky shared his experience in developing his business in the Philippines. He emphasized the importance of having a partner who is on the same page and the need to scale the business to hundreds of people to achieve revenue goals. As the business grows, it becomes impossible for one person to manage everything, necessitating a management team to handle the workload. Trusting and empowering employees is key.

Setting Up a Strong Foundation

We discussed the importance of setting up a strong foundation for a business from the beginning. Having a partner who can complement your skills and take ownership of different aspects of the business is beneficial. Creating a culture where everyone feels valued and takes ownership of the business's success is crucial. Gene shared his experience in building a successful team and mentioned the importance of communication skills and a thorough vetting process for hiring.

Finding the Right People

Gene's company goes the extra mile to find the right people for their clients' needs. They assess their employees' hobbies and interests, and use a DISC behavioral assessment to identify their natural behaviors and areas that may be challenging for them. This allows them to match employees with roles that align with their strengths and capabilities.

Onboarding and Training

Gene's company has a month-long training program led by experienced trainers. They provide shadowing opportunities for new hires to observe experienced employees in action. They ensure that employees are familiar with the tools and software they will be using for their clients and focus on understanding the client's goals and expectations.

Creating a Positive Work Culture

Gene emphasized the importance of creating a positive and supportive work culture. Coaching and teaching employees to help them improve leads to better performance and engagement. Recognizing when someone is not the right fit is also important. Being flexible and adaptable in business is crucial, as things may not always go as expected.

Key Takeaways

The key takeaways from our conversation were: finding and treating the best people well, building a strong organizational structure, setting up processes and procedures, trusting and empowering the team, and using KPIs to monitor performance.

The recording of my entire Livestream with Gene Bohensky on the Small Business Pro University YouTube Channel…


Andrew Frazier, MBA, CFA

Andrew Frazier empowers business owners to Maximize the Value of their companies by empowering them to Grow Revenue, Increase Profitability, and Obtain Financing. He guides them along the critical path to create a sustainable business that can run without them through invaluable coaching, consulting, and training services. His expertise in business strategy and financial management enables him to take a holistic perspective and provide more optimal solutions for clients. Mr. Frazier’s book Running Your Small Business Like A Pro” helps people increase the likelihood and magnitude of their success in business. He has also produced POWER BREAKFAST events in Northern NJ for almost 10 years generating $10+ million in both economic impact and financing for 1,000+ attendees. His online Small Business Pro University provides entrepreneurs with access to best practices and useful knowledge for running their businesses more professionally.

Andrew’s articles have appeared in the digital edition of Sales and Marketing Management, and “Octane”, the worldwide Entrepreneurs’ Organization’s (EO) blog, Inc.com and “SmallbizDaily.com, “Americanentrepreneurship.com, and NJ Business magazine”. He was also interviewed on RVN.TV Family Business World show and the syndicated “School for Startups Radio” show.

Andrew has worked 1-on-1 with 500+ business owners and taught thousands of people about business over the last 10+ years. He graduated from MIT with a BS in Mechanical Engineering, earned an MBA in Finance from NYU, and achieved the Chartered Financial Analyst (CFA) designation. His background includes significantly diverse experiences as a Naval Officer, Operations Manager, Corporate Executive, Investment Manager, Real Estate Investor, Non-Profit Leader, Board Member, Business Owner, Professor, Coach, Consultant, Trainer, and Author. Learn more about Andrew by visiting http://www.AndrewFrazier360.com

https://www.SmallBusinessLikeAPro.com
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