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

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

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/