Summary:

Ever wondered how to get your team to take ownership like you do? Making them feel invested might be simpler than you think.

Today on Scale to Sell, Adam Burton and Steve Burton explore seven practical ways to help employees adopt a business owner mindset. The conversation zeroes in on tips to drive initiative, responsibility, and caring as much about the success of your business as you do. Whether you're managing a small startup or a large enterprise, cultivating this sort of culture can transform your team and improve outcomes.

Adam and Steve discuss:

• (03:17) How clarifying the 'why' behind your company can boost motivation and transparency

• (06:27) Tips for granting autonomy and encouraging creativity in your team

• (10:10) How aligning rewards with performance supports a stronger owner mentality

• (13:28) Why owning outcomes helps employees think strategically

• (17:34) Investing in your team's growth to cultivate leadership and responsibility

• (21:02) Highlighting successes to reinforce a proactive, ownership-driven culture

• (24:06) Encouraging innovation and calculated risk-taking with intrapreneurship initiatives

• And more

Tune in to discover how these strategic shifts can enhance the mindset and productivity within your company. Until next time, Keep Scaling!

Resources:

• Unlock your business’s potential with our free Scale to Sell self-assessment

• Book your free discovery call with us today!

• Mission One Million by Merle Gilley and Steve Burton

• Unreasonable Hospitality by Will Guidara

Connect with Our Team:

• Website: Scale to Sell

• info@scaletosell.com

• LinkedIn: Scale to Sell

• Facebook: Scale to Sell

• YouTube: Scale to Sell

• Instagram: Scale to Sell

Connect with Adam Burton and Steve Burton:

• LinkedIn: Adam Burton

• LinkedIn: Steve Burton

Summary:

How much is employee turnover silently costing your business? Lower employee retention rates can cripple your business value – here's how you can turn the tide.

In this episode, Adam and Steve Burton tackle the rising challenge of employee turnover, offering tactical solutions such as a beneficial payroll tax credit and a future-oriented 401(k) program. These strategies not only reduce costs but also empower employees to perform at their best. By implementing these measures, you can build a strong, loyal team that adds substantial value to your business.

Adam and Steve discuss:

• (01:50) How high employee turnover can significantly increase operational costs and reduce business value

• (13:12) The mutual benefits for employers and employees from implementing an ongoing payroll tax credit, boosting employee retention

• (16:14) Why a tactically managed 401(k) plan encourages financial literacy and improves employee performance

• (23:28) Strategic employee benefits that enhance the long-term success and value of your business

• And more!

Resources:

• Unlock your business’s potential with our free Scale to Sell self-assessment

• Book your free discovery call with us today!

• Mission One Million by Merle Gilley and Steve Burton

• 018 - Retaining Top Talent

Connect with Our Team:

• Website: Scale to Sell

• info@scaletosell.com

• LinkedIn: Scale to Sell

• Facebook: Scale to Sell

• YouTube: Scale to Sell

• Instagram: Scale to Sell

Connect with Adam Burton and Steve Burton:

• LinkedIn: Adam Burton

• LinkedIn: Steve Burton

Summary:

How can you successfully sell your business and ensure a smooth transition?

In this episode Scale to Sell, Steve Burton speaks with Jeff Snell, a mergers and acquisitions expert, to discuss the nuances of selling a business. Together, they dive into the importance of business valuations, the current landscape of business sales, and strategic planning for a successful exit. You'll learn the key considerations for preparing your business for sale, the role of external and internal sales, and the value of having a qualified deal team.

Steve and Jeff discuss:

• Importance of regular business valuations and how they vary

• The current market conditions affecting business sales

• Differences between external and internal sales

• The significance of having a well-rounded team for a successful exit

• And more

Connect with Our Team:

• Website: Scale to Sell

• info@scaletosell.com

• LinkedIn: Scale to Sell

• Facebook: Scale to Sell

• YouTube: Scale to Sell

• Instagram: Scale to Sell

Connect with Adam Burton and Steve Burton:

• LinkedIn: Adam Burton

• LinkedIn: Steve Burton

Connect with Jeff Snell:

• LinkedIn: Jeff Snell

• ENLIGN Business Brokers

About our Guest:

Jeff Snell is an M&A expert with over 20 years of experience in business brokerage. He is the credentialing chairman for the International Business Brokers Association and holds several prestigious designations, including Certified Business Intermediary and Merger and Acquisitions Master Intermediary.