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Pay or Quit
Welcome to Pay or Quit, the podcast for entrepreneurs and business owners who are ready to face the unfiltered truth of what it takes to succeed. Host Shawn Austin Johnson brings you a show that goes beyond the polished success stories and dives into the real, messy, and often challenging aspects of business ownership.
This podcast is designed for those who sometimes feel alone in their entrepreneurial journey, struggle with imposter syndrome, and find themselves on the brink of burnout. We understand the highs and lows you face, and we're here to provide the reassurance and candid insights you need to keep pushing forward.
Shawn and Tony aren't afraid to tackle the tough conversations and offer their seasoned perspectives on what truly matters in business. From industry trends to personal challenges, each episode cuts through the noise and delivers the raw, unvarnished truth. Expect in-depth discussions, spicy takes, and occasional interviews with guests who are ready to confront the hard questions head-on.
Tune in every week to get a behind-the-scenes look at the realities of entrepreneurship. It's not always pretty, but it's always real. Buckle in, because it might get messy.
Pay or Quit
S1: E5 The Secrets to Building a Championship Team
To see if you're a fit for Shawn's exclusive Generational Wealth Framework for PMC owner's program: Schedule here
In this episode of 'Pay or Quit,' hosts Tony Cline and Shawn Johnson dive deep into the essential components of building a championship team in the business world. They start by discussing the foundational elements like mission, vision, and core values, explaining their critical role in setting the direction and aligning the company. The conversation then shifts to a comprehensive breakdown of the seven crucial components necessary for creating a winning team: the game plan, rule book, playbook, positions, players, equipment, and scoreboard.
Tony and Shawn share their own experiences from their time at HomeVault and other ventures, offering valuable insights into the challenges and triumphs they encountered. They emphasize the importance of having a clear mission and vision, creating policies before processes, and the significance of hiring the right people for the right roles. They also touch upon the pitfalls of promoting employees without proper training, known as the Peter Principle, and how it can affect team dynamics.
Join us for an engaging and insightful discussion that not only reveals the gritty truth behind business success but also provides practical advice for entrepreneurs looking to build and lead successful teams. Don't miss this episode filled with real-world stories and actionable strategies!
00:00 The Importance of Mission, Vision, and Core Values
00:34 Welcome to Pay or Quit: The Real Stories of Entrepreneurs
01:03 Challenges in Property Management: Key Topics
01:27 Building a Championship Team: The Seven Critical Components
02:07 The Role of Core Values in Business Success
04:29 The Game Plan: Foundation of a Successful Company
05:43 From Policies to Playbooks: Creating Effective Processes
11:41 The Importance of Roles and Responsibilities
19:44 Leadership One-on-One: Coaching and the Peter Principle
24:28 Conclusion: The Realities of Running a Property Management Company
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