Isiah Thomas: From NBA Legend to All-Star Entrepreneur

You know Isiah Thomas as the NBA superstar, but did you know he’s also an all-star entrepreneur? We’re excited to have him join us on this episode of Paychex THRIVE, a Business Podcast where he shares with us his journey to become the Founding Chairman and CEO of Isiah International, and what he’s learned along the way. Tune in to hear Isiah talk about putting together a winning team, setting your employees up for success, the state of minority business ownership, and so much more. 

Topics Include:

00:20 – Introduction to Isiah Thomas 01:19 – Indiana Popcorn and the popcorn space 03:27 – Learning business finances 04:46 – The importance of specialization 05:38 – Choosing the right team 07:37 – Being patient with employees 09:07 – Advice for managing people 13:04 – The state of minority business ownership 17:33 – Isiah Thomas’ exit plan 20:06 – What’s on the horizon

Read more about managing underperforming employees at https://www.paychex.com/articles/human-resources/how-to-manage-underperforming-employee.

Learn about employee performance management processes, reviews, and more at www.paychex.com/articles/human-resources/employee-performance-management-and-reviews.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.