Shaan Rais

The purge is coming to your neck of the woods but may not appear as it does in the movies.

There will be no violence or massacre of the physical. No, more so of the mind.

Kicking off yet another quarter as an aspiring entrepreneur means a new opportunity to be intentional with your personal and professional growth. Which, in turn, should translate into positive business practices.

Unfortunately, many entrepreneurs are unaware of the consequences of bad business practices in their organization until it’s too late and they are already facing negative financial and reputational repercussions.

While it may not sound as exciting, this type of purge can be invaluable in helping you ensure that your company operates ethically and efficiently.

The signs of bad business practices are easy to overlook if you aren’t paying close attention. Things like low employee morale, problems with customer service, and increasing costs are all common indicators that there could be a larger problem lurking beneath the surface.

Ignoring these signs can lead to serious consequences for your business such as legal issues, financial losses, and reputational damage.

To help you stay ahead of the curve, stay tuned until the end of this article.

You’re going to take in everything you need to know before the industry leaves you behind and takes your millions of dollars with it…

The Common Signs of Bad Business Practices [Yes, You’re Doing These!]

You’re not the only one.

Many entrepreneurs struggle with bad business practices without fully realizing it until the business they called their “baby” is quickly running into the ground.

Take a look at these signs with an extremely critical eye. Your business and lifestyle may depend on it.

1. Poor Communication

Leaders who fail to communicate their vision and goals with their employees are often the first sign that something may be wrong. Without clear direction, employees can become confused, unmotivated, and resentful.

2. Lack of Accountability

It’s easy for employees to get away with bad behavior if there are no consequences for their actions. Poor performance can quickly become a habit when people know they won’t be held accountable.

3. Low Morale

If employees don’t feel valued or appreciated, they will begin to view their work as a chore instead of an opportunity to grow professionally and personally. This negativity can spread through the organization and negatively impact productivity and customer service.

4. Unethical Behaviors

Greed, dishonesty, and taking shortcuts are all signs that something is wrong in your business practices. These behaviors can put your company at risk of both legal and financial repercussions.

5. Financial Mismanagement

Poor budgeting, misused funds, and accounting discrepancies can all be signs that your business’ finances are not as secure as they should be. These issues can quickly spiral out of control if left unchecked.

Now that you know what to look for, it’s time to start identifying and eliminating the dead weight from your business to effortlessly launch a prosperous luxury leadership brand.

Yes, you heard me right. Effortlessly.

Success is only a struggle for leaders who don’t know how to capitalize on their own strengths and leverage the phenomenal skillsets of an A-start team.

The 5 Steps To Tackle Bad Practices Head On

You know the issues that lie within your organization so this isn’t the time to back down.

This is the time to assess, act, and be relentless.

1. Lead By Example

As the leader of the company, it’s important to set a good example for your employees. Make sure you are following all ethical guidelines and setting an example of positive behavior in the workplace.

2. Open Communication

Establish an open line of communication between yourself and employees to ensure that everyone is on the same page about company policies and procedures.

3. Accountability

Hold employees accountable for their behavior and performance by providing regular feedback and offering rewards for phenomenal work.

4. Monitor Finances

Put systems in place to monitor the organization’s financials on a regular basis so you can quickly identify any discrepancies or misused funds.

5. Invest In Training

Think of it like this. You’re leading other leaders.

Provide live training opportunities for your employees to help them stay up-to-date with industry trends, best practices, and ethical guidelines they should be following in their roles.

Ensuring they’re connected with a like-minded community of other brilliant minds is how to keep their creative spark shining through a sea of mediocrity.

When one individual shines, the team shines.

You Know What They Are and You Know How To Eliminate Them But…

Will you?

Even after reading this article, I know you already have a shifted perspective on not only your business but the reputation of your personal brand.

This new mindset makes you question your current operations with the desire to make them game-changing within your industry of expertise.

Fortunately, I want that for you too because I have that, and you deserve that.

Taking the time to identify and eliminate bad business practices could be the key to taking your organization from feeble to phenomenal.

Welcome The Purge. Embrace The Prosperity Of Like-Minded Community.

Come join us on Saturday for Leadership Live Deep Dive and find out how to take your business practices from bad to better! This is the show where we help high-level professionals transform their education, experience, and expertise into a lucrative business.

Learn how to create your own luxury leadership brand that attracts high-ticket clients on autopilot without requiring maximum effort. You already have years of experience, education, and expertise in your chosen field. Now is the time for you to leverage it with ease.

This free, live show on Saturday may just be your most critical breakthrough moment.

Why would you miss out on that for yourself, your family, and all of the generations that depend on your willingness to break out of the mold?

Do something different to discover an evidence-based system you can put into place that will help you achieve work-life integration and get your time back.

This right here is effortless success.

With our guidance, you can start eliminating those bad business practices and put yourself in a position for success.

It all starts with being informed so you can make smart decisions.

All the information you need to grow a dominant, industry-leading brand is right here.

If the pandemic taught us all one truth, it’s that remote work is here to stay.

After so many professionals were forced to stay in their homes for months on end, a re-direction was necessary.

Companies with a growth mindset who desired continued scalability during uncertain times chose to allow employees to work from home.

Building and supporting a remote workforce created a professional divide between companies that were prepared to innovate and those that couldn’t keep up.

Personally, I chose to innovate.

By building out a team of A-star players from all around the world, I was able to generate 450k sales in less than 90 days.

Today, we’re a multi-million-dollar company that helps leaders just like you transform their experience, education, and expertise into a profitable business.

If you’re not convinced that investing in a remote workforce is the right move for your business, keep reading.

At the end, I will share with you exactly where you can find your own talented team.

Let’s dive in.

How Do We Know The Remote Work Force Is Here To Stay?

The COVID-19 pandemic exposed human nature at its finest.

Having the opportunity to excel without leaving the comfort of our homes brought out the best in us.

No more:

• Sitting in traffic for hours every single day
• Feeling stressed all day in anticipation of a tense drive home
• Limiting your professional options due to local limits

Remote work is no longer the future, it’s the present.

If you don’t believe me, I’ll give you the facts.

In just two years, from 2019 to 2021, the United States census showed that the total number of Americans working from home tripled in that short amount of time.

Another survey conducted this year displayed that 56% of Americans work from home for their full-time jobs.

So you don’t have to, I already did the math.

70 million people living in the United States have chosen to complete remote work because they recognize the benefits that this arrangement offers.

Imagine how many skilled leaders around the world would be eager to become essential members of your impactful team.

You’re not alone in this.

It doesn’t matter if you’re a start-up or an established business, investing in remote work, is a smart move. There are countless advantages of having a remote workforce.

You don’t need to look any further than an increase in company productivity and a decrease in expenditure. That right there represents more money in your pocket and more revenue generated for your entire team.

With this strategy in place, everyone wins BIG.

Let’s take a closer look at the top 10 benefits of having a remote team:

1) Increased Productivity

Your employees have more control over their working environment, and this could help them to be more productive.

2) Cost Savings

Companies can save money on overhead costs such as office rent and other expenses associated with running an office.

3) Flexibility

Employees have the freedom to work from anywhere in the world. This allows them to achieve a better work-life balance.

4) Access To Talent

With remote work, businesses have access to a global pool of talented professionals who may not otherwise be able to join the company’s team.

5) Reduced Workplace Stress

Remote workers are less prone to workplace stress because they do not need to commute and deal with all the distractions found in an office setting.

6) Improved Job Satisfaction

Remote workers are more likely to be satisfied with their job, as they can work from the comfort of their own homes and don’t need to deal with office politics.

7) Increased Employee Retention

Employees who are happy in their jobs tend to stay longer, which helps companies save money on recruitment costs.

8) Improved Morale

Remote teams have the advantage of being able to communicate without any geographical limitations, leading to higher morale among employees.

9) Greater Collaboration

With remote teams, collaboration is easier because everyone is working together virtually without having to worry about time differences or language barriers.

10) More Eco-Friendly

Working remotely reduces carbon emissions and ultimately helps promote environmental sustainability.

And those are the first 10 that come to mind.

There are plenty more where that came from.

I won’t bore you with the details because I know a leader like you can sense the opportunity when it’s placed in front of you.

Although exclusively remote team members are a must, hybrid workers can allow you to give your clients an even more immersive experience.

How To Make Hybrid Happen – The RIGHT Way

Depending on how involved you are with your clients’ journeys, hybrid work opportunities for multiple members of your team may be mutually beneficial for them and your clients.

Some people thrive while working from the comfort of their homes every day of the week while others love to have the chance to physically connect with the people they are impacting.

The best way to do this is to learn how to create a hybrid work environment.

This can be done in several ways:

1) Remote/In-person scheduling

Schedule some of your staff to work remotely while others come into the office a couple of days per week.

2) Provide workspace

Offer remote team members the option to come in and use designated desks or offices for collaboration.

3) Virtual meetings

Utilize video conferencing or other online tools to stay connected with your team.

By creating a hybrid work strategy, companies can benefit from both in-person and remote staffing while also giving their employees more control over their own schedules.

Hybrid teams allow for increased productivity, expanded access to talent, improved job satisfaction, and greater collaboration.

The key is to strike the right balance between remote and in-person work so that both groups of employees can thrive while helping the company succeed in its goals.

With some thoughtful planning, hybrid work can be a true win-win situation for everyone involved!

It’s Your Turn To Profit From A ,Luxury Leadership Brand In The Leadership Leverage

It’s time to take advantage of the wide range of benefits of remote working and make it your team’s new normal.

With a combination of in-person and remote working, you can create a powerful leadership brand that will take you and your team to the next level.

Join us on the inside of our exclusive community of leaders just like you who are transforming their experience, education, and expertise into a luxury leadership brand.

This Saturday, we will be hosting our Leadership Live Deep Dive at 5 p.m. (EST). During this event, we will be exploring the power of remote working and giving you insight into how to leverage it for your own business.

Register to discover where to find your A-Star team this Saturday at 5 p.m. (EST)!

With the world shifting to the digital space, this is the best time to take your leadership brand and team performance to the next level.

Register now.

Time is of the essence.

What does it mean to do everything in your power to protect your personal brand?

I’m sure the answer is yes, but what if I’m here to throw a wrench in your current business perspective?

Picture this, you have built an impactful brand, and you’re at the top of your game. Your employees or team are motivated, loyal and enthusiastic about pushing the mission forward and keeping the vision on course. But what happens when your business is dominating the market, soaring past expectations, and you’ve officially become the only viable option in your industry?

At that point in your journey, it may be time to pass on the torch and move on to the next big challenge with your brand intact. That’s where this strategy comes into play.

Given the fact that we’re both on that journey right now, I’ll ask you again…

Are you doing everything in your power to protect it?

Let’s take a deep dive into how succession planning is the bulletproof armor your personal brand needs.

How To Take Your Brand From Highly Successful To Completely Unstoppable

This sentiment goes beyond the day-to-day actions you’re investing time in to help your business grow.

No one is ever truly prepared to let go of something they have poured blood, sweat, and tears into since the beginning. But as an entrepreneur, it is important to consider what comes next.

Whether it be turning the reins over to someone else or simply ensuring your brand’s longevity, this is essential for entrepreneurs who want to ensure their business and personal brand have a future.

Building a truly impactful luxury leadership brand means planning for both the short and long-term future. Planning for the long-term future is a crucial part of that vision. It ensures continued success and stability for your enterprise, even if you are no longer at the helm.

The concept can seem daunting, but it doesn’t have to be. In its simplest form, succession planning is about preparing for the future – ensuring that your business will thrive long after you are no longer leading it. It involves making sure there is someone in place to take over when you decide the time has come to step down from your position as CEO or another executive role in the company.

• Are you strategically stacking your team with talented A-players who are passionate about their role on the team?

• Are you building an unstoppable team that will carry your brand into a bright future regardless of your presence?
• Are you confident knowing that when the time comes, someone will be there to take over with grace and poise to keep the reputation strong?

If you answered no to any of these, it’s your duty to DIG DEEPER.

The resources you need to get started are right here.

What Is Succession Planning… Really?

This is a process of strategically preparing an organization for the transition of leadership. It involves identifying and developing internal people who have the potential to fill key business roles in the event of an unexpected departure or retirement.

It ensures that when inevitable transitions occur, your company will continue to run smoothly without disruption thanks to a team of leaders who are passionate about what they do and understand your brand inside and out.

This type of succession plan should include several steps: identify key positions within the organization; develop a plan for filling those positions; assess candidates’ qualifications; implement a training program; track progress, and continually evaluate performance.

The Benefits Are Bigger Than Any One Connection

Life is all about connections.

We all know this.

But, what if your most important connections were those you formed within your own company?

Yes, of course, as leaders, we all understand that we need to have strong connections with our team. As we hand-select our A-players, we know they can consistently operate at a high level. The question we must ask ourselves is, how do we continue to help them express their creativity and lead in their own way?

If we can strategically stack our teams and prepare for succession planning, the benefits of doing so will be incredibly diverse.

1. First and foremost, it’s about continuity. It’s about having a plan in place for potential transitions that will ensure your company is functioning at its best regardless of who is at the helm.
2. Secondly, it’s about having a deep understanding of your key players and how they work together so that you can give them the support they need to succeed. This could mean giving team members access to additional resources or providing more mentorship opportunities.
3. Finally, this is all about creating a culture of growth and development within your organization so that each employee feels like they have an opportunity to grow and contribute in their own unique way. It’s important to foster an environment where everyone, regardless of position or role, can shine and make a lasting impact on the success of the business.

The bottom line?

This isn’t just about finding someone else to take your place when the time comes. It’s about creating a team of talented A-players who are capable of taking your business into the future and beyond.

It’s about creating a culture that encourages growth and development, and it’s about ensuring the long-term success of your luxury leadership brand.

You’ve Made Massive Impact… Now What?

When your vision becomes reality, there will be hundreds (maybe even thousands!) of people who are employed because you believed in your personal brand.

You believed that your story was worth more than anything, and you have made an incredible impact on the world.

But now what? How do you ensure that your legacy will continue even after you’re gone?

The answer is right here, in all of this. By creating a strategic plan and investing in the future of your business, you can ensure that your company will continue to thrive even after you have gone.

Succession planning is more than just a way to secure the future of your business. It’s also a way to ensure that the impact you have made on the world will remain, even after you’ve moved offstage.

You and I can both agree that the benefits are vast. It allows businesses to develop and retain key talent, build a strong employee culture, improve morale, create a high-performance team, minimize disruptions in leadership transitions, and position the business for long-term success.

When employees understand that their future is secure with the company and there will be someone else to take over if needed, it reduces stress levels and gives them confidence in the organization’s ability to weather any storms.

With this strategy, less experienced or lower-level employees can gain exposure and grow within the organization. This encourages innovation as new ideas can be channeled into solutions that could benefit everyone.

Invest In More Than Your Brand. Invest In Your PEOPLE.

What is the point in building a massively impactful brand if you don’t have a team of people who are just as passionate and committed?

At the end of the day, it’s all about the people. People are the lifeblood of your business, and it’s essential that you invest in them.

Succession planning is a great way to create a long-term competitive advantage for your business and ensure that your values and vision live on.

It builds trust in the workplace, encourages collaboration, and creates an environment where employees can reach their full potential.

So the next time you think about planning for your brand’s future, also think about the people who make it all possible. Invest in them, and they will take your business to new heights.

If you’re anything like me, you are already wondering how you can start taking action right now to protect what you and your team are building.

Comment “PLAN FOR SUCCESS!” below to get a customizable succession planning template that will help you get started right away.

The lifetime of your brand and the livelihood of your people hang in the balance.