The Buck Stops Here
I have owned a few businesses in my time (including my current role as a Partner with MPL). When I first entered the world of business ownership, the one thing I noticed quickly was that I was fully responsible for everything (including taking out the trash) that went on in the business. That does not mean that I did not hold my staff accountable. However, if there was ever an issue and it came to my attention, I knew that ultimately it was up to me to get it resolved.
A lot of business owners don’t always grasp that concept. Even worse, many will default to blaming someone else. I can tell you pretty much across the board that when you do that, you lose a lot of credibility. All the key players in your business are looking to you for leadership. As President Truman made famous, the “Buck Stops Here” is something a business owner needs to understand and embrace if they want to be successful.
Below are some interesting articles that talk about accountability and responsibility as a business owner.
- 11 Tips For Being Accountable To Your Business (forbes.com)
- Why Employee Accountability is the Holy Grail of Every Successful Business | Entrepreneur
- 3 Steps to Foster Positive Accountability in Your Business | Inc.com
Here are a few other items of interest:
- The latest from David Barnitt @ Attract Capital
- Webinar | Americans with Disability Act Updates: Hot ADA Title III Updates and Lawsuit Trends (nfib.com) (11/1 @ 12pm)
- Year-End Tax Strategies (eisneramper.com) (11/20; 12-330pm EST)
As always, please don’t hesitate to email myself (jsanders@mpl-law.com), Andy Miller (amiller@mpl-law.com), Christian Miller (cmiller@mpl-law.com), Erik Spurlin (espurlin@mpl-law.com), Brad Leber (bleber@mpl-law.com) or anyone in our office with questions or comments.
Please see all of our prior updates at this link or if you would like to be added to our email list, please click here.