In this episode of Lords of Lending, hosts Shane Pierson, Stephanie Dunn, and Brian Congelliere dive into the realities of buying and scaling a business. They discuss how to assess inherited employees, identify underperformers, and maximize human capital for growth. Whether you're acquiring a company or expanding your current one, this episode offers actionable strategies to optimize payroll, improve leadership, and build a high-performing team.
đź“Ś Timestamps:
00:34 - Intro & Episode Overview
01:00 - Assessing Inherited Employees & Talent Evaluation
02:36 - People, Products, and Profits: Prioritizing for Growth
04:16 - Measuring What Really Matters in Business
06:02 - Leadership Strategies for Managing Existing Teams
09:08 - How to Motivate Employees & Improve Performance
12:02 - Identifying Strengths & Weaknesses as a Business Owner
13:42 - Managing Family Members in a Business
17:01 - The Importance of Clear Communication & Leadership
23:07 - Understanding Payroll as an Investment, Not Just an Expense
27:12 - Scaling Smart: When to Hire & When to Optimize
34:19 - AI & Automation’s Impact on Business Growth
40:31 - Final Takeaways & Actionable Strategies
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