Mike Calhoun of Board of Advisors: 5 Things You Need To Know To Successfully Manage a Team

Give Your Team the Proper Resources. As entrepreneurs, we’re always trying to cut costs, but I see a lot of people take this too far. For example, does it make sense to pay an employee to research and compile a particular set of data, or might it make more sense to simply buy that data, freeing your team up to focus on more important tasks?

When we provide the proper tools and resources, it demonstrates to our team that we care about and value them. It also helps them to perform at a higher level, which increases job satisfaction and creates that snowball effect I mentioned earlier.

As a part of our series about the five things you need to successfully manage a large team, I had the pleasure of interviewing Mike Calhoun, an entrepreneur, investor, and the founder of Board of Advisors, an elite mastermind group made up of the nation’s most disruptive business owners, real estate…