"The Power of Putting People Before Profit" The Podcast For Entrepreneurs w/ Dave Molenda episode artwork

EPISODE · Nov 22, 2024 · 25 MIN

"The Power of Putting People Before Profit" The Podcast For Entrepreneurs w/ Dave Molenda

from 🎙 Inventive Journey | Real Stories From the Startup Survival Club

There's one thing I see people often overlook, and it's something I personally struggled with—recognizing that your greatest asset is your team. One book that really resonated with me is People Over Profit, which emphasizes the importance of treating your people right. When you prioritize and invest in your team and focus on improving the customer experience, profit naturally follows. In that book, they argue that people should always come before profit, because when profit becomes the top priority over people, you're setting yourself up for turnover. And when your team starts to leave, it negatively impacts the customer experience. This leads to both employee and customer churn, which creates a vicious cycle that’s hard to break.

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"The Power of Putting People Before Profit" The Podcast For Entrepreneurs w/ Dave Molenda

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