Summary

In this episode, Adam and Steve discuss the challenge of employee retention and share five ways to retain top talent. They emphasize the importance of having a clear mission and meaningful work, understanding your employees, fostering a positive company culture, offering bonuses and incentives, and providing flexible employee benefits. They also highlight the value of recognizing and acknowledging employees for their hard work. By implementing these strategies, business owners can attract and retain the right people to help their businesses grow and succeed.

Chapters

00:00 Introduction and the Challenge of Employee Retention
06:04 Chapter 1: The Importance of a Clear Mission and Meaningful Work
11:13 Chapter 2: Understanding Your Employees and Their Motivations
14:25 Chapter 3: Creating a Positive Company Culture
25:29 Chapter 5: Flexible Employee Benefits for Retention

Episode Links:

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Get a FREE professional valuation of your business - https://www.scaletosell.com/discovery

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One of our core values is to “implement than innovate” – the idea that it’s better to get started and make improvements than wait forever for it to be quote-unquote “perfect” before it launches (if it ever does).

Now that we’ve gotten the conversation started with the podcast, it’s time to elevate the opportunity.

Listen as Adam Burton, co-host of the Scale to Sell Podcast, shares some exciting updates coming to the show and our community of entrepreneurs.

Episode Links:

Sign up for our BusinessBuilder Thursday weekly guide - www.scaletosell.com

Get a FREE professional valuation of your business - https://www.scaletosell.com/discovery

Follow the podcast so you never miss an episode.

Please rate and review the podcast so more entrepreneurs can find this valuable content to scale and exit their businesses.

IG: @scaletosell

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LI: @scaletosell

Summary

In this episode, Adam and Steve discuss the concept of paying the 'dumb tax' as a business owner. They define the dumb tax as making mistakes unknowingly or unnecessarily due to a lack of guidance or seeking advice from experienced individuals. The hosts highlight three common ways that business owners pay the dumb tax: valuation errors, poorly structured business deals, and inadequate preparation. They emphasize the importance of seeking expert advice, conducting thorough research, and networking with peers to mitigate the dumb tax. The episode concludes with a reminder to take action and implement the insights gained from the discussion.

Chapters

00:00 Introduction
01:23 Defining the Dumb Tax
09:22 Paying the Dumb Tax: Poorly Structured Business Deals
21:37 Mitigating the Dumb Tax
22:04 Conclusion

Episode Links:

Sign up for our BusinessBuilder Thursday weekly guide - www.scaletosell.com

Get a FREE professional valuation of your business - https://www.scaletosell.com/discovery

Follow the podcast so you never miss an episode.

Please rate and review the podcast so more entrepreneurs can find this valuable content to scale and exit their businesses.

IG: @scaletosell

FB: @scaletosell

Youtube: @scaletosell

LI: @scaletosell