Diamond Effect - Strategies to Scale Your Service Business as a Sellable Asset

EP # 184 - Leadership Strategies for Service Business Owners: Building Teams That Drive Growth

Maggie Perotin Episode 184
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In this episode, business and leadership coach Maggie Perotin shares valuable insights on building and leading high-performing teams in service-based businesses. Drawing from her extensive corporate leadership experience, Maggie provides practical strategies for service-based business owners looking to scale beyond solopreneurship and grow high-performing teams.

Key Topics Covered:
• Why team building requires more than just hiring talented individuals
• The crucial difference between leading and managing teams
• Essential recruitment strategies for service businesses
• How to build trust and avoid micromanagement
• Keys to effective team performance management

Key Takeaways:

1. Recruitment Best Practices:
   - Define clear role requirements through strategic planning
   - Assess both skills and cultural fit
   - Create multiple touchpoints during the hiring process
   - Use AI recruitment tools with caution

2. Leadership vs. Management:
   - Leadership focuses on vision, inspiration, and empowerment
   - Management ensures efficient execution and results
   - Both skills are essential for business growth

3. Building Strong Teams:
   - Develop individual relationships with team members
   - Understand personal motivations and goals
   - Implement clear communication processes
   - Provide necessary training and development

4. Essential Leadership Requirements:
   - Self-confidence
   - Strong leadership skills (hiring, delegation, communication)
   - Ability to trust and empower others

Related Episodes:
- Episode 167 (September 20, 2024): 5 Indicators Your Small Business Team Is Underperforming


Resources Mentioned:
- T.O.P. CEO High-Performance Team System
- Consultation booking available for personalized guidance

Perfect For:
• Service-based business owners looking to scale
• Solopreneurs planning to build their first team
• Leaders struggling with team performance
• Business owners wanting to improve their leadership skills

Connect with Maggie:
Book a consultation to learn more about the T.O.P. CEO High-Performance Team System 
https://stairwaytoleadership.com/

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