Filipino Motivational Speaker | Leadership Speaker Philippines https://seansi.org All about Sean Si Wed, 20 Feb 2019 07:14:29 +0000 en-US hourly 1 https://wordpress.org/?v=5.0.3 38834124 The Effect of Job Hopping and the On Demand Mindset https://seansi.org/effect-job-hopping-demand-mindset/ https://seansi.org/effect-job-hopping-demand-mindset/#respond Mon, 11 Feb 2019 15:10:42 +0000 https://seansi.org/?p=7662 Job hopping

We live in a world of things that are a click away. A world of on-demand stuff. Food on-demand, entertainment on-demand, transportation on-demand and the list goes on. This has penetrated the minds of a lot of employees today. So how will jobs and tenure be affected long-term?

These views are the thoughts and opinions of a serial entrepreneur. It’s a different perspective and not a matter-of-fact approach to the possibilities of the future job market.

Event Coming Up: I have a learning event with Marvin Germo this February 13, 2019 at SMX aura 1pm – 5pm. The title of the event is “Make Money, Grow Money” – we’ll be speaking about business, generating excess revenue, and finally where to invest the excess revenue to maximize your passive income’s profits. Join us by clicking this link!

Since jobs are aplenty these days due to growing and maturing economies, a lot of people who are relatively young have the tendency to go job-hopping. If this is the trend, how are the resumes of the future going to look like?

1. Contracts and Agreements Between Employer-Employee will have a Different Setup

Entrepreneurs, founders and executives who are smart will cope early with this ongoing trend. There may come a time when they will want to know the intended tenure of the potential hire and ask them to fill an official document about it – whether it’s a year, two years, three, and so on.

Depending on the agreement in the official document, they will only be able to access certain levels of information, knowledge, experience and benefits. This is smart and protects the company from giving too much but getting too little in return.

For example, when a potential hire has declared his or her intentions of staying only for a year, then the management may have a job package for the said job already that will be mutually beneficial for both parties. That hire would not be allowed to move to certain positions in the company since those positions will benefit the hire significantly and having that person leave within a year will not make sense for the company at all.

I have no idea what this document looks like or if it will ever exist. But if and when the time comes that it does, it comes as a no surprise. Companies who hire on good faith believing that new hires will really commit to the years they verbally espouse are getting battered and bruised. We may not admit it, but it’s quite true.

2. Loyalty will Stand Out

People who commit to a longer number of years of service to the company will have significant loyalty from the company in return. It may come in the form of better benefits, higher pay, stock options, and so on. Of course this is proven by the actual years of stay but if the official document signed by the new hire reflects the intention, it makes the said agreement binding.

This agreement may hold especially if the hire is willing to sign a document that will hold his name accountable to the world at large. Meaning the document will be official in the company’s job portal or website – with the consent of the hire to have it published for full accountability.

3. Smart but Unemployed People will Increase Rapidly

People who sign only for short-terms in this document will find themselves having a harder time looking for work as the companies in the market adopt this signed documents. The continuous adoption of this official document grows steadily as it brings full accountability plus benefits to both parties. 

A lot of smart people will find themselves generally unemployed. On the other hand, people who are wise will also have to risk to choose to commit their loyalty to a company of their choice. Otherwise, they will amend the official document and extend their number of years in order to prove their loyalty in full accountability to the world.

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4. Labor will come Cheap

Since there are so many smart but unemployed people, they will have to settle with menial pay. Labor will come cheap as they will be the ones looking for scrappy work. This may not be the case now as job hopping may even increase a person’s base pay but I do believe this will catch up in time.

Whether with an official signed document or without.

5. Companies with Fantastic Culture and a Willingness to Listen to Employee Concerns will be Beacons

There are extremely few companies who have an openness to listen to employees. Usually management is overpaid and secrets are kept without significant reason just to keep employees in line. They see people as a means to increase numbers when it should be the other way around – the numbers should be the means to help people.

 Companies who have invested heavily on their culture to be more unified, open, emphatic and excellent will be shining beacons and will attract the best people whose long-term loyalty will be offered at the get-go.

At the same time companies who are such will be able to cherry-pick on their slew of applicants – giving them colossal advantage in how they work and the output they produce.

6. Dishonesty will Abound

Since work comes by harder for people who hop on jobs as if it is also something that is on-demand, people may opt to lie about their work history. This is undesirable but may be inevitable as people do need to earn a decent living.

This dishonesty will be controlled if there is an official, fully accountable official document that is disclosed online though. All the more reason that I personally will not be surprised if such a document will be formed someday.

Generally, people will no longer hop jobs ‘just because’. They will have to think long and painfully hard for them to leave their employment instead of leaving because of shallow reasons like getting bored or in the spirit of ‘trying something new’.

Got something out of this? You might be interested in reading a post I wrote entitled: “Greener Grass is Made, Not Found”

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How to Get Better at Hiring and Managing People https://seansi.org/hiring-managing-people/ https://seansi.org/hiring-managing-people/#comments Sat, 09 Feb 2019 10:32:12 +0000 https://seansi.org/?p=7646 Growing a Team

One of the lies we tell ourselves when starting up a business is “I will naturally get better at hiring and managing people over time through experience.” This is a myth. You don’t get better over time. If anything is true, is that you get worse – if you don’t intentionally learn how to do it right.

Event Coming Up: I have a learning event with Marvin Germo this February 13, 2019 at SMX aura 1pm – 5pm. The title of the event is “Make Money, Grow Money” – we’ll be speaking about business, generating excess revenue, and finally where to invest the excess revenue to maximize your passive income’s profits. Join us by clicking this link!

Author’s Note: This entry is part 7 of the series “Business Myths” if you are curious about starting a business or have some questions to ask about starting one, please leave it in the comments section below. 

1. Read a Lot

Most of the things I know now are because of reading leadership, management and self-help books. A lot of our company culture, unity and success stems from the applied knowledge I received from reading books. In fact, a lot of the stuff written here in my blog comes from the distilled wisdom I received from books.

Reading is a discipline. It’s not easy especially now that we’re living in a world on-demand and entertainment is so easy to come by. In one tap of your finger, you can open Youtube or Netflix or pick music in a whim via Spotify. All of these things demand time – and if you’re giving you’re time to entertainment, there will be little to none left for growth.

The good news is, there are lots of people who lack discipline this way so if you have a bit more discipline than them and you keep yourself from spending time in entertainment and use it for growth and wisdom instead, you already have a huge upper-hand in doing business.

2. Take Time in the Hiring Process

A lot of companies – especially startup companies hire like crazy. And I don’t mean that in a good way. 

The biggest mistake I made when I was starting out is that I hired on a whim. If I needed a spot filled, I would interview an applicant once and hire that person immediately. Needless to say that I was very naive and made many stupid mistakes during those times.

A lot of those hires became snakes that bit my hand and some became pythons that would strangle me and the entire company in hopes of bringing the entire operations down.

And the strangest thing about it is, I have never wronged any of them. It’s just that they were the wrong hire and I should have never let them enter the company in the first place.

I did not take my time in screening people. 

Now we have a 6-step interview process where the applicant has to come back at least 5 to 6 times before we hire that person.

While it’s true that we don’t fill up open positions as quickly as we did before, we have cleared the company out of snakes and pythons – and that is an extremely good thing.

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3. People will Stab you in the Back

The sooner you know and accept this, the better. I always tell a nicer version of this to my leaders in the company. I tell them “Not everyone will like you.”

Having this knowledge in hindsight is very powerful. This is because people are flawed. There will be times you will disappoint people without even realizing it.

Or some people are just really rotten to the core and are envious of what you have. That may also be true – especially in this materialistic, anxious and depressed generation.

I’ve had a mixed of nearly all reasons – logical, or emotional – of people not liking me or what I said or did. 

And you know what?

It’s ok. 

So long as the company is moving forward and we provide jobs, food, shelter, and a fantastic working environment to a lot of people.

That’s really all that matters.

4. Defer Reaction and Emotion

When people say something you don’t like or fail to do a task of something so simple, don’t react.

Reacting with your feelings will put you in a bad spot.

“And the tongue is a flame of fire. It is a whole world of wickedness, corrupting your entire body. It can set your whole life on fire, for it is set on fire by hell itself.” – James 3:6

This is because as human beings, our tendency is to shove the person back to hurt the other person in the same level as how that person hurt us. Perhaps not in the exact same way, but pretty much on the same level.

But as the owner of the company and a leader, you have to restrain your emotions and your tongue from speaking out. You have to be the bigger person and look past the offense.

Remember, you are team mates and team mates help each other out. There are already too many people and competitors out there trying to kill your business – what will it benefit you if you make more enemies, especially one right inside your team?

5. Recognize that Unity is Magical

“One of the largest, strongest horses in the world is the Belgian draft horse. Competitions are held to see which horse can pull the most and one Belgian can pull 8,000 pounds. The weird thing is if you put two Belgian horses in the harness who are strangers to each other, together they can pull 20,000 – 24,000 pounds. Two can pull not twice as much as one but three times as much as one. This example represents the power of synergy. However, if the two horses are raised and trained together they learn to pull and think as one. The trained, and therefore unified, pair can pull 30,000 – 32,000 pounds, almost four times as much as a single horse.” – Dave Ramsey

If your entire team is united it may even produce more than four times as much as an individual. Perhaps it can produce 10 or 20 times more. 

Unity is very, very important to a team. The less united a team is, the less of a team it is overall.

You need to fight like your life depended on it to keep unity in tact. Some very big enemies of unity are gossip and unresolved conflict. 

Here are the major ways to keep these out of your team:

To keep gossip out, you need to make sure you over-communicate especially to your leaders in the company. Say what’s happening. Explain WHY you do things. Tell them WHY you made a certain decision.

When the fog is cleared out, there are no more guesses and a lot less accidents. You get to your destination faster and you get to it together.

To defeat unresolved conflict, you need to take time and talk with all parties involved. You also need to facilitate a sit-down session between parties and reach a resolution by asking them WHY they did what they did and/or WHY they said what they said.

6. Throw Out Entitlements

Give away your special reserved parking slot. Eat packed lunch with your team. Do not dangle your new gadgets or your latest major purchase in front of people. 

If you throw out your entitlements, you create an atmosphere of contentment. If you as the leader are entitled, you can be sure your people will follow your example. 

And believe me, it is extremely hard to manage people who are entitled by default – what more if they become entitled because of their leader’s example?

If you throw out your entitlements, your teammates will see that and those teammates worth keeping will throw out their entitlements too. Making your company a fantastic working environment.

Hiring and Managing People is not easy. It takes a lot of patience, empathy and deliberate practice. I hope and pray that these pointers have helped you improve significantly.

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Should I Just Franchise a Business to Ensure my Success? https://seansi.org/franchise-business-ensure-success/ https://seansi.org/franchise-business-ensure-success/#respond Wed, 30 Jan 2019 10:21:29 +0000 https://seansi.org/?p=7618 Why Franchise in the Philippines

So many people who have the capital to buy into a franchise and have the means to fund their own startup venture ask this question. Why do I need to start my own business if I can franchise one anyway?

Event Coming Up: I have a learning event with Marvin Germo this February 13, 2019 at SMX aura 1pm – 5pm. The title of the event is “Make Money, Grow Money” – we’ll be speaking about business, generating excess revenue, and finally where to invest the excess revenue to maximize your passive income’s profits. Join us by clicking this link!

Author’s Note: This entry is part 6 of the series “Business Myths” if you are curious about starting a business or have some questions to ask about starting one, please leave it in the comments section below. 

Starting up vs Franchising

Let’s try to identify the difference between starting up your own company and franchising through a simple pro and con comparison.

Pros of Franchising

1) Risk is Less

Buying into a franchise and setting up your own franchise of a certain brand means that you already have a blueprint laid out for you. You don’t need to make your own. 

You’re buying a system that exists and works and is making money. Plus there is a brand that’s already good enough and big enough to carry its own weight. Yes it will cost you, but people are familiar with the brand already and that means that there’s a higher likelihood of them buying the brand’s products and/or services.

2) No Need for Ideas on New Products and Services

A franchise business has it all laid out for you – the need to come up with new ideas is out of the window. This enables you to focus your brain’s processing power on other things. Expansion becomes easier as you only need to expand horizontally – set-up new franchise locations – rather than expanding vertically (new products/services).

3) No Need to Think of Potholes in your Employee Protocols

When you buy into a franchise business, you’re buying the system it uses to manage employees. This makes it a whole lot easier for you to learn how to manage payroll, employee concerns, potential HR problems and so on. In my opinion, this is one of the best reasons to franchise instead of starting your own as I’ve had tons of experience in making mistakes and dealing with problems with employees.

4) Branding is Already in Place so no Need to Invest Excessively in Branding / Marketing

One of the biggest money-drain in a startup company is marketing. If you’re doing things right, you’ll be spending perpetually for marketing and branding. 

A franchise business eliminates this as the franchise’s main brand owner is marketing perpetually for you.

5) No need to Procure Supplies on your Own

Supplies for a franchise business is laid out. You don’t need to go out looking for your own suppliers. It’s already decided for you. You only need to keep re-ordering and the raw materials will be delivered to you on a regular basis.

Cons of Franchising

1) No room to be Creative as Everything is Dictated by the Franchise Owner

The greatest advantage of a franchise business may also be the biggest downside if you are someone who loves to think of solutions to problems. A franchise business has little wiggle room for change. Usually things are dictated and you have to follow. End of story.

2) You are Getting the Outlying Locations and not the Prime Ones as the Franchise Owner Usually got the Prime Ones Already

A lot of franchises that are great have already gotten the best locations. You’re left with locations that are difficult to access or that are secondary in terms of foot traffic. 

3) If the Franchise Owner Does Anything to Damage their Brand, you are Also Affected

There may be scandals or controversies that transpire because of something stupid that the franchise brand owner did. You’re also tied up in that controversy whether you like it or not as you carry the brand as a franchise owner.

4) You are Required to Pay Royalties as Long as your Business Exists – on Top of Taxes

Nobody is ecstatic when paying taxes – much less royalties. These are things that we would very much like to do without but are a must. Buying into a franchise means that you’re also allowing yourself to be put under the burden of paying royalties as long as your franchise business exists.

5) If There are no Innovations from the Franchise Owner, you are Stuck with a Stagnant Franchise

It’s not impossible for a franchise owner to finally just sit back, relax and milk the brand for what it’s worth. It has happened. More times than we care to admit.

When the franchise owner has stopped innovating, your franchise as a brand is stuck – and will die a slow but sure death like an old, battered brontosaurus. 

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How to Quit your Day Job for a Business Opportunity https://seansi.org/quit-day-job-business-opportunity/ https://seansi.org/quit-day-job-business-opportunity/#comments Wed, 16 Jan 2019 06:40:07 +0000 https://seansi.org/?p=3945 Quit day job

Starting your own business is a dream that mostly everyone has. After all, a successful mature business brings in passive income on a massive level. However for about 90% of the population, we start out as employees and self-employed. How do we transition from there to our own startup?

Event Coming Up: I have a learning event with Marvin Germo this February 13, 2019 at SMX aura 1pm – 5pm. The title of the event is “Make Money, Grow Money” – we’ll be speaking about business, generating excess revenue, and finally where to invest the excess revenue to maximize your passive income’s profits. Join us by clicking this link!

Author’s Note: This entry is part 5 of the series “Business Myths” if you are curious about starting a business or have some questions to ask about starting one, please leave it in the comments section below. 

If you didn’t know, I started out as an employee too. However unlike most people, I spent only 5 months working for my employer. After which I was given the wisdom to properly leave and build my own startup.

These are guidelines on how to properly leave your day job and start your own business. All of these are based on my personal experience and knowledge.

1) Don’t Jump the Gun 

A lot of people see or hear an opportunity from others – whether it’s a friend, family member, or colleague – and simply quit their day jobs as soon as they can. This is not good.

There is the right time to leave and if you don’t wait for that time, you’ll get yourself in a financial disaster.

Think of it as jumping to a boat on the dock. If you jump too soon and the boat is still some ways off, you’ll hit the water and get all wet and muddy. It’s going to be a mess.

So how do you measure when the boat has arrived and you can jump? Two ways:

First – make sure you have enough for emergencies as emergencies are things that you MUST pay for and costs a considerable amount and is always unforeseen. These can be in the form of an accident, a broken down car, or even a leak from a hole in your roof. 

Whatever it is, you must have enough cash to take care of these otherwise it will stab your startup business to death.

6 months of your monthly income should suffice to keep emergencies at bay.

Second – make sure you have proof of concept. Perhaps you have made a sale already – or fifty – whatever it is, you have to have your cashflow for the startup running already. Otherwise your business may not be a good idea and there might be no boat at all to jump into.

2) Start Small and Slow

Don’t take risks you can’t measure and you can’t pay for when you’re starting out just because of comfort or ego. If you don’t have a flashy car or watch, you can still make the sale as long as you have value. You don’t need those things!

If you don’t have a carpeted, air conditioned office, that’s okay – you can still make a cashflow positive business without those things!

Small, slow and steady does the job until you graduate from the startup phase to the growth phase.

3) Put in as much Work as you can

This is arguably the only direct factor you can put in in an unpredictable market. If you work harder than your competitors, the chances of you making your startup business successful increases exponentially. 

If you put in 1 more hour of work every day or every night, that’s still 360 hours more than anyone else each year – and that matters. That makes a difference.

A lot of startups fail because the founders have the mindset of business being easier than employment because no one is telling them what to do. Actually the opposite is true. because no one is telling you what to do, laziness kicks in and stares at you in the face everyday, every hour.

Work extremely hard so that when the boat arrives, and you jump from your day job to your startup business, the boat is in tip top shape to take you where you need to go.

4) Let your Employer Know

When you’re working on your startup and it’s affecting your output on your day job, let your employer know what your plans are. This is so that there will be no question marks on your relationship with the people on your day job.

Gossip about you and how your work output isn’t what it used to be is something you don’t need looming over your head as you build a startup.

5) Leave with Honor

Turnover everything from your day job properly so that nothing can be said against you. If you fail to do this, you will be burning bridges. 

And in the case your startup business doesn’t make it, you won’t have a job to come back to and a glowing recommendation if you skip this step.

So there you have it – these are the things you need to do as you consider leaving your day job to jump into a startup business opportunity. If you have some more things you think we can add to this, please leave your thoughts on the comments section below.

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Doing Business Means I have to be Hands-on so I Won’t have Time for Vacations https://seansi.org/business-means-handson-wont-time-vacations/ https://seansi.org/business-means-handson-wont-time-vacations/#respond Fri, 11 Jan 2019 06:00:53 +0000 https://seansi.org/?p=3932 hands tied in business

Perhaps one of the most prevalent views about business – especially startup businesses – is that you have to be hands on. So it’s a very constrictive, busy and hands-tied endeavour.

So is it true that when you start a business and you become a person who wears many hats (accounting, legal, analyst, and yes even maintenance and janitorial), you run out of time for everything else – much less vacations?

Event Coming Up: I have a learning event with Marvin Germo this February 13, 2019 at SMX aura 1pm – 5pm. The title of the event is “Make Money, Grow Money” – we’ll be speaking about business, generating excess revenue, and finally where to invest the excess revenue to maximize your passive income’s profits. Join us by clicking this link!

Author’s Note: This entry is part 4 of the series “Business Myths” if you are curious about starting a business or have some questions to ask about starting one, please leave it in the comments section below. As I’m writing this, I’m on the way to a short vacation 🙂

While it’s true that starting up a business makes you very, very busy in the first few years of operation to ensure its survival and growth, what’s not true is that things have to keep going that way.

You see after a business has gone through the survival stage (usually 1 – 3 years) you should be on the active lookout for your replacements. These replacements are people who can take over the various departments in your operations, marketing, sales, legal, accounting – and yes, even janitorial and maintenance.

Business people who insist on keeping things going on in such a way that it keeps their hands tied to the business are people who have not envisioned a better future for themselves and for their business.

These are the business people who usually fail to retire and fail to leave a good impression about the business to their kids (the next generation) and so fail to leave a legacy because no one wants to take over the business anymore.

The goal of starting up a business should be kept at the forefront. Real entrepreneurs start businesses because we want more freedom in our time, our decisions and our finances. Yes there are exponentially more risks involved but are these things worth the shot?

Hell yeah.

After all, we only have one life to live.

Handing Off your Chains

As your business grows, you need to hand off your chains through training and proper delegation. Hire people who have good character and competence then equip them with the tools an environment they need to operate efficiently. 

After this, train them through process documents and asking them to emulate you as you achieve results. They can be autonomous on how they achieve it – after all, you hired them to be able to think and improve things for your business too.

Then empower them – give them all the encouragement and oomph that they need to do the work with confidence and authority. Without this, they will always play it safe and your business will be crippled.

The worst thing that can happen – and you should avoid – is for you to fail in equipping, training and empowerment that you have no choice but to take the job you delegated back to your own shoulders.

When this happens, you have ultimately failed – at hiring, training, empowering, and/or keeping good team members.

If someone can do the job 80% as well as you could, DELEGATE!

There is no point tying your hands to your own business. There is more to life than just work and making money – so go out and fulfil the reason WHY you started a business in the first place.

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If I Love my Business, I Won’t have to Work Another Day in my Life https://seansi.org/love-business-wont-work-another-day-life/ https://seansi.org/love-business-wont-work-another-day-life/#comments Sat, 05 Jan 2019 22:39:02 +0000 https://seansi.org/?p=3901

A whole lot of people believe that if they finally find a business they love and that makes money, they will be happy – because they won’t have to work another day in their lives. True or Myth?

Author’s Note:This entry is part 3 of the series “Business Myths” if you are curious about starting a business or have some questions to ask about starting one, please leave it in the comments section below.

I have heard this numerous times in Q&A’s in my talks. The truth is, business and work can be enjoyed. But what’s also true is that there will be parts and parcels of your business that you will not enjoy.

And that is where a lot of businesses fail too – because the things that are not enjoyable for the founder are left to rot.

These ‘unenjoyable’ parts are usually legal and accounting – two very critical aspects of a business that cannot be left to rot. If unchecked, these two can come back to bite your business’ head off in time.

I love doing SEO and I love experimenting and tinkering with technical stuff. I love the competitive nature of my business too. But like any other entrepreneur out there, I hate payroll, I hate legal, I hate accounting – these are just things that are a bother to me.

But I still do them diligently. Because they are critical to my business’ survival and growth.

Don’t be fooled. Work is work – that’s why we call it work and not play. If you don’t have to work for another day in your life, you are either fully retired or unemployed.

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Excising Cancer Cell Employees from your Organization https://seansi.org/excising-cancer-cells-organization/ https://seansi.org/excising-cancer-cells-organization/#respond Thu, 27 Dec 2018 04:15:55 +0000 https://seansi.org/?p=3878 cancer cell employees

There are going to be employees in your organization who may have gotten inside your team because of exceptional work for the first few months – and then turn into toxic, back-biting, menacing assassins in the following months. Usually after they get regularized. How do you deal with these kinds of employees?

The first step is the trickiest one. How do you identify these employees? Is there a way to be certain WHO the cancer cells are in your organization?

Thankfully, the answer is YES!

Author’s Note: I am only able to write these things because I have personally experienced cancer cell employees in my organization(s) and I hope that other entrepreneurs do not go through the same horrible experiences. Some of the examples mentioned here may have been real experiences that I have experienced before.,

Here is how you Identify them:

1) They are not Team Players

Cancer cells are employees who generally don’t work well with others. If you think that they do, it’s probably because they are in a position where they don’t directly work with anyone else in your organization.

For example, if I have only one accounting personnel and he/she has a fairly good relationship with other people in my organization, that does not automatically mean he/she is a good team player – because he/she does not work directly with any of them. The moment I place someone who works directly alongside my accounting personnel, he/she will bite the new team player.

That is one very strong evidence of that person being a cancer cell

2) They do not have the Organization’s Best Interests in Mind

Cancer cells will try to manipulate and bend the rules to their advantage. Sure, they may relent to your decision once in a while, but they are thinking toxic, rebellious and poisonous things behind your back. What’s worse is that they will spread these things to your other team players – creating needless gossip and slander.

In the end, all of the evidences that you uncover about this employee is going to point that he/she worked for his/her best interests – above everyone else’s – even above your organization which is technically paying for his/her own salary as well.

3) They Refuse to Work Under Authority

Perhaps the easiest way to identify cancer cells is to check if they can work under authority. There are times when you need to test if they can respect and commit to your decision even if they don’t like it. This is extremely important because as leaders and business owners, we are not perfect people. We make mistakes. We make bad decisions.

What is important is, if you make a bad decision, do you have everyone else’s buy-in? Because if you don’t, the moment your bad decision blows up (even if you had the best intentions about that decision), this cancer cell will get everyone talking behind your back against you.

Good team players and loyal team players in your organization will commit 100% to your decision IN SPITE OF them not agreeing with you 100%. 

The good thing about this identification process is that even if you did not make a bad decision, if the cancer cell doesn’t like it (even if it’s a very, very good decision that is for the good of the entire organization) , the cancer cell will round up other people in your organization to go against you with poisonous, rebellious, back-biting words. When this happens, your lieutenants and captains in the organization will be able to identify this, bring the news to you – and you’ll be able to have a reality-check about the cancer cell in that moment.

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4) They Hold Themselves and their own Interests Above Others

Cancer cells will try to bend rules and manipulate your other team players into agreeing with them. This is because cancer cells will ALWAYS hold their interests above others – above your entire organization. However, they will NEVER admit to this. Obviously because it is self-incriminating. The thing about cancer cells, is that they are smart people. And they will try to get their own way at all times – even resorting to despicable means.

5) If they are in a Position of Management or Control, they do not Apply their own Rules to Themselves

Of course, the cancer cell will not showcase this truth in situations where the cancer cell would be easily found out. What will happen is something like this:

Let’s take for example, if you have a cancer cell who owns the HR manager position, this employee will try to exemplify the perfect employee – as supposedly so. In reality, this is a facade so that the cancer cell can keep that position in your organization and use the authority for their own leverage. 

They will serve memos or notices to people in the organization that they don’t have a relationship with or dislike the most – and they will defer or simply, but very subtly refuse to give memos or notices or suspensions to people in your organization who they have a good relationship with. People who they owe favors to. Or people who are simply beneficial to the cancer cell.

6) They are Often Two-Faced – saying one thing in front of peers and another in front of the upper management

Cancer cells are usually smart people – perhaps your smartest people in the organization. That’s the problem. These people can easily hold a good poker-face. Making it very difficult for you to identify them through this method.

This is why having lieutenants in your team is extremely important. These are people who you know you can trust. People whose loyalty to you are unwavering. These are the people who you take care of the most – because they take care of you and your organization.

This identification method entails that the cancer cell does the wrong thing of talking back-biting, rebellious, poisonous words about you or the upper management to your lieutenant. Once that happens, your lieutenant then reports this to you – then you have to make sure to take note of this and do whatever is necessary to excise the cancer cell immediately.

7) They Discreetly but Intentionally Monopolize a Position of Authority or Management for Themselves

There will be a time when you mistakenly hire a cancer cell for a position of authority – and they hold ultimate power because no one else is in the department. 

Take my initial example – if I have only one accounting personnel in my entire accounting department, this person wields 100% autonomy in the department. If that person turns out to be a cancer cell, it spells disaster for the entire company as accounting is a very sensitive department.

If you ask that accounting personnel to hire another one to help spread the autonomy, the answer would usually be yes BUT he/she will keep on indefinitely DELAYING – trying their best to defer or outright eliminate hiring for their department as they desire to monopolize the department for themselves. As an 8-year entrepreneur and founder of 4 startups, a monopolized department is inevitable. This is why it is extremely important to take your time in hiring – never get a cancer cell for a critical department such as HR, Accounting, R&D, or any managerial position.

In any case, if you have a monopolized position, take it upon yourself to have some common sense and hire another person for that department to spread the autonomy and authority.

What do you do with Cancer Cells once they are Inside?

Remove them quickly.

If they are still on a probationary position, that is your easiest ticket out. DO NOT REGULARIZE THEM.

If they are already regular employees, take precautionary measures against them. Make sure that their damages are contained within strong and healthy cells in your organization – your most trusted people. Your lieutenants. Do not allow their poison to spread further.

Sooner than later, their back-biting, selfishness and toxicity will come to light. Accumulate that – only the truth. And use it to protect your entire organization from dying.

Be very quick and swift.

What if the Cancer has Spread?

If the cancer has spread, you need to purge it out – the unfortunate thing about purging is that it is costly.

It could be in the form of a company retreat where you need to reinstate your position in the organization. You need to regain the trust of your good team players as morale and trust steeply decline when the cancer cell has done his/her job and spread all the negativity in your team.

It could also mean replacing good teammates who have turned into very bad eggs. Some can be redeemed, others need to be let go. You have to have excellent discretion in doing this. Pray and ask God for wisdom.

I hope that this guide will help you as this could mean saving a lot of entrepreneurs out there a lot of time, a lot of money, a lot of heartbreak, and a lot of good people in the team.

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True or False: 90% of all Businesses Fail in the first 5 years https://seansi.org/true-false-90-businesses-fail-5-years/ https://seansi.org/true-false-90-businesses-fail-5-years/#respond Fri, 21 Dec 2018 09:34:25 +0000 https://seansi.org/?p=3872 Bad Business

Here’s the short answer – YES it’s true that 90% of all businesses fail in the first 5 years BUT it’s not because of economy, or luck or lack of capital. It’s because of something else. Something we can control 100%.

Author’s Note: This entry is part 2 of the series “Business Myths” if you are curious about starting a business or have some questions to ask about starting one, please leave it in the comments section below.

As the primary closer of all the deals that occur in SEO Hacker, I do a TON of meetings every week.

In some of my meetings, the agreed upon location is the local mall. 

One thing that I noticed a hundred percent of the time, is that malls are full of people – even on working hours on a regular working day.

This has been one of the most stupendous things about Metro Manila malls for me – that it is filled with people even on days that it shouldn’t be.

This is also one of the main reasons why so many businesses that start out as a micro business, and grow up to be a small business – end up going in smokes.

Because people who get their first paycheck from the business, spend it not on assets, but on liabilities and personal leisure.

The first paycheck (or paychecks for that matter) ends up being used to purchase something for entertainment – a gadget, a console, a vehicle – or something else that is completely unrelated to the business. 

Instead of the business growing by having a regular, much-needed infusion of capital, it ends up receiving the short end of the rope – by getting what is left of the receivables after the owner has spent for his/her own happiness.

Business is not about happiness. 

It’s about fulfilling needs.

It’s about having solutions to real problems.

It’s about having the discipline to say NO to a lot of things.

It’s about deferred gratification.

The problem for 90% of failed business owners is that this is not the heart of why they started their business. 

And because of that, they proceed to carry on with bad behavior.

In the end, it all goes up in smokes.

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True or False: Doing Business Means I have More Control of my Time https://seansi.org/true-false-business-means-control-time/ https://seansi.org/true-false-business-means-control-time/#comments Wed, 05 Dec 2018 02:49:37 +0000 https://seansi.org/?p=3820 Time Control

Author’s Note: This entry is part 1 of the series “Business Myths” if you are curious about starting a business or have some questions to ask about starting one, please leave it in the comments section below.

A lot of people think that leaving his/her day job and jumping into business is the path to more time and freedom. A day job is a dedicated 8am to 5pm – which is easily the majority of your waking hours. The time you put into business is not dedicated and you, as the business owner, actually dictate it. So why is this a myth?

While it is true that your day job eats up the majority of your waking hours, as an employee, you work on those hours and leave behind everything related to work in the office. 5pm to 10pm is your personal time for rest, recreation and family. No one asks you to work these hours unless you personally take the initiative to do so.

When you are starting a business, it’s true that you dictate the time you spend working on the business. You can work only for 6 hours, 3 hours or even less than that. However, the amount of time you put working on your business directly affects its chances of success.

Remember that 9 out of 10 of all businesses fail. So everything you can do to increase your odds of beating the 90% failure rate must be done. That includes out-working, out-thinking, and out-strategizing everyone else – your competitors, your employees, even yourself.

Starting up a business would massively suck your time, freedom, energy and money more than you thought it would.

Here are some of the reasons why you’ll be spending tons of time working in your business – and having little to none for yourself:

One VS. Multiple Hats

Working as an employee in a day job means you have one job – perhaps that may branch out into some other work that is not part of your job description because you’re short of manpower, sure. But that’s it – you don’t need to stress about juggling job descriptions.

When you’re running a newborn business, that means you’re doing all the things necessary for it to survive and thrive – including doing some lawyer work, some accountant work, some HR work, some operations manager work, even some janitorial work! It’s crazy how many hats you wear in one day – but when you love your business, you will do this with energy and perhaps a glimmer of joy.

Team Player Vs MVP

When you’re an employee, you have no problem asking for a break. You have a team and your team can substitute for some of your work as you file for a leave. No worries!

When you’re running a newborn business, you just can’t do this as one day off the job could prove fatal. You are the most valuable player – and chances are, you haven’t hired enough people to substitute for all the hats you wear.

Not even for a day.

Worry-Free Stability VS. Unstable Future

When you’re an employee, your near-future is very stable as you get the same amount of pay in the same amount of time. It is expected. It is certain. You have a worry-free, stable tomorrow.

When you’re a newborn business owner, you just wouldn’t know what will happen – even in the next hour. A client call could change a lot. This keeps you on your toes as your pay doesn’t come in a certain day and the amount you’ll get is also uncertain.

So is Doing Business Means I have More Control of my Time, True?

No. This is a myth because in the first five years to a decade, you will have little to no time left for yourself as you pour out your time and effort into your newborn business and make sure it goes past survival to stability.

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Business Myths Series https://seansi.org/business-myths-series/ https://seansi.org/business-myths-series/#comments Tue, 27 Nov 2018 03:22:13 +0000 https://seansi.org/?p=3816 Business Myths

There are so many people who start their journey in business on the wrong foot. That spells out D-I-S-A-S-T-E-R! How can you start things right the first time?

Know what’s true about starting a business – and avoid the lies.

Event Coming Up: I have a learning event with Marvin Germo this February 13, 2019 at SMX aura 1pm – 5pm. The title of the event is “Make Money, Grow Money” – we’ll be speaking about business, generating excess revenue, and finally where to invest the excess revenue to maximize your passive income’s profits. Join us by clicking this link!

Author’s Note: Okay so here’s my first ‘accountability’ series in a long time. It’s scary but if it will help a lot of people, then why the heck not.

Myths List:

  1. Doing business means I have more control of my time
  2. 90% of all businesses fail in the first 5 years because of numerous factors
  3. If I’m going to start a business I love and I’m passionate about, I won’t have to work another day in my life
  4. Doing business means I have to be hands-on so I won’t have time for vacations
  5. I can quit my day job anytime I see an opportunity to jump into the business I want
  6. If I just buy into a franchise business, it will be good for me so I can just cruise along
  7. I’ll get better at hiring and managing people over time through experience

I’ll be going through these myths once a week. If you want me to tackle a certain myth first, please do let me know in the comments section below 🙂

Or if I missed anything and you want to know the truth about a certain myth that’s bothering you, you can also leave a comment so I can address that.

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