AmiSight 6/22: When Loyalty Gets in the Way
Every growing business will experience times when employees who have been loyal and hard-working demonstrate that they may not have the skills to grow with the business.
In my 21Hats column this morning, I tell the story of the owner of a plumbing business, Len—not his real name—who has always been passionate about his trade. He possesses excellent plumbing skills and a strong work ethic, which has allowed him to build his business from scratch. However, like many entrepreneurs, Len needs more financial and accounting expertise. Managing money is not his forte, and he has relied heavily on his office manager, who has become his trusted companion in many aspects of the business, what some might call his work-wife.
Learn more about Len’s struggle to evolve his financing support in my 21 Hats column.