Running a business with a family-like approach may seem ideal for maintaining good relationships with employees, but a the approach I prefer is running it like a professional sports team. This approach provides increased accountability for employees and ensures that the business is run in the most efficient manner possible.

This is better for everyone on the team and at the end of the day, your business. It will present challenges such as balancing the team mentality with individual incentives and maintaining employee morale while prioritizing results, but it's all worth it when you've built your dream team. It takes a certain individual to work in a “dream-team” environment, some people will opt-in and others will opt-out, and that's okay.

What you'll hear in this episode:

[1:53] Why running a business like a family doesn't work

[3:39] Embodying a team as opposed to a family and how it allows you to coach people

[7:28] Netflix's culture, and how they're doing things the right way

[9:45] Tips for strengthening your dream team and achieving your goals

Listen to Similar Episodes:

13. Employee Satisfaction - Simple and Easy Way to Track Your Team's Happiness at Work

27. Human Resources Tools to Help You Successfully Run Your Business

35. What is Human Resources (HR) Anyways?

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* Find more information on my website www.jackiekoch.com