How I build Profitable Teams (and keep them)
ฝัง
- เผยแพร่เมื่อ 30 ก.ย. 2024
- Over the last 20 years I have built 17 different businesses from scratch. People often ask me, how do I manage to get it all done? The truth is, I haven't done it alone. Something I learnt early in my entrepreneurial career is that no successful business is built without amazing people operating it.
In this video I wanted to share the most valuable lessons I have learned from employing 1000's of people and how to build profitable teams.
You spend a big chunk of your life with the people you work with and you've won all the lotteries combined in you truly enjoy their company.
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Who am I?
My name is James Sinclair and I'm the founder and CEO of The Partyman Group of Companies. I started building my business when I was just 16 as a family entertainer after that I built up an entertainment agency, then moved into building a leisure and day nursery businesses. Today we operate a £30 million business which includes leisure, childcare, outdoor attractions, commercial property, arts and crafts manufacturing as well as one of the UK’s oldest Ice cream companies; The Rossi Ice Cream Company.
#business #businessowner #entrepreneurship
I break the job application process by asking people to submit a video of themselevs expalining why they think they would be great for the role before we move to the next stage. Its a great filtering process from Mike Michalowicz
I'd love to work for someone like you James, you're truly inspiring
If I have a business opportunity that I think you would love, how do I get in contact with you?
Please send it via my website or tracey.shaw@jamessinclair.net
good video james.
thank you
13:38 it's great to hear you are cross training your team, unlike in most large companies who pigeon hole people into a narrow field and NEVER allowing them to learn stuff outside their role. When you ask to go on training, they question you and demand that you justify the request. You are not allowed to learn anything unless it's directly related to something you are ALREADY doing. If I was already doing that thing, then I wouldn't need the training now would I?
My boss needs to watch these videos
These sure are nuggets here. Thanks for the wisdom and info!!
Waiter. Can I get some more honey mustard with these nuggs !! 😂
Kk I’ll shut up . Back to the grind
I agree with most of this, but I have a big problem with point two, yes there are bad managers, but organisations with toxic cultures will ultimately always fail whoever the manager is. And in some respects successful organisations will always succeed whoever the manager is. Also, there's a fine line between destroying the culture and challenging the clique. I'd hazard a guess there will be a level workplace cliques in your businesses, this will make finding new and better ways of doing things more difficult and succession planning more challenging. I agree about attitudes over skills, the problem is attitudes are much easier to fake - especially at interview. I'd guess in this sort of field you'd be looking for more expressive personality types which again will hamper innovation. Penn doesn't work without Teller. Three interviews seems a bit much to me, it will only increase confirmation bias and implies a lack of intuition for the area of employment.
I would like to be part of your team. This is a really good video, and your recommendations 👏 Thanks.
Love this because I’ve been looking for a really captivating way of engaging my senior stakeholders on a new project I want to work on. It will shake things up a little bit in our department but in general I watch your content not for business BUT to better develop my communication skills. Gave me the nudge I need. Take care James 🎉
This is a great video. It is the most challenging obstacle to cross in changing from business operator to business owner. Great advice. 👍👍
How did you document all your learnings to then teach them to others James ?
Hello Campers, looking forward to this topic.
A great actor can’t save a poor script but a great script can save a poor actor..ergo get the right mgt in to write the script/ vision!
This is where my former office job went wrong. No culture
Great vid, great ideas. I share most of your views. Congrats.
In the UK, what is the best process for removing someone (from a senior technical role in a company of 60 people) who is underperforming, repeatedly fails to join conference calls and has had complaints from customers?
Verbal warning, performance review, written warning, final warning and then terminate contract of employment. I'm not in HR but have seen this process used at employers to remove rotten apples
Amazing video 👍
Great video James! You’re looking well
Thank you kindly!
Great stuff
Awesome advice
Why does James create content for a smallish TH-cam channel when he’s got a multimillion pound business to oversee? Surprised he has the time or interest…
Because his business is 2 things.
1.Teaching business owners who hear about him through here. So it's advertising to his target audience.
2. He buys into businesses and helps them grow. Like Homozi. It becomes a deal flow.
You are correct on your 2 points.
Here’s some more ….
It helps with making sure I stay on my A game. You only really compound learning and positive habit when you teach. You don’t see a FAT PT.
I enjoy and love this stuff. I am a creator at heart.
All though the channel is small it still contributes 500k a year so pays for itself.
What’s wonderful legacy, if I die tomorrow my kids will certainly have a boat load of content to help them!
@@JamesSinclairEntrepreneur how does a channel with 80k subscribers "contribute" £500k? I would have guessed more like £50k.
@@JamesSinclairEntrepreneura breakdown on the channel income would be so cool!