Financial Independence
A Better Perspective
Podcast

Episode 10

EPISODE 10 – Effective Team Management, Delegation & Implementation Strategies

Presented by Lance Edwards and Randy Luebke

In this episode of “Financial Independence – A Better Perspective”, Lance and Randy discuss the most effective ways to run an organization with a diverse staff, how to manage them effectively, how to delegate and implement everyone’s work and get it done right and on time for maximum results.

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What you’ll learn in this episode:

  • Entreprenuer versus employee mentality. 
  • Perfectionism is a big enemy to entrepreneurs, and the challenge of being a solopreneur, “Nobody can do anything better than you.”
  • Communication is key. How do you go about communicating what you’re thinking? How do you hold people accountable to get things done?” As leader, your job is to have a clear vision and clear specs as to what you want to have. Lance outlines a single page bullet point plan with his objectives.
  • Accountability, deadlines, timeframes. 
  • Evernote app.
  • Time management.
  • Another key concept is being able to say no to certain ideas and create effective boundaries. 
  • Feedback helps you become a better communicator. 
  • For Lance, the most important consideration in hiring someone is not their resume, background or accolades. He cares more about, “Does their personality match the job I have for them?” 
  • The silver lining of the pandemic, the whole world now knows how to use Zoom and has gotten comfortable in a virtual environment.
  • Lance also reveals how he’s had more success hiring people off Craigslist ads than Monster, LinkedIn and ZipRecruiter. 
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