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058 - Successful with or without you

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Succession Secrets
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Did you ever waver whether to be “tough” with people when they did not perform to your expectations? Worrying that they would leave and you might have to pick up their tasks and look for new employees who might not end up any better?

In today’s show I make the case for setting boundaries and high expectation for people.  How to be tough on them, still keep them and turn them into high performers.  How to dangle the carrot too so that they have a reason to stay beyond the pay check.

I share the story of a former colleague and a good friend Peter, whom I was tough with early on his career and he ended up becoming a stellar performer and when we parted ways he became a venture-backed entrepreneur.

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Your succession is success.