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 (email@example.com), Andy Miller (firstname.lastname@example.org), Christian Miller (email@example.com), Erik Spurlin (firstname.lastname@example.org), Brad Leber (email@example.com) or anyone in our office with questions or comments.