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Team Building For Business Growth with Anthony Hayes, The Hayes Initiative
09 February 202242 min

Team Building For Business Growth

with Anthony Hayes, The Hayes Initiative
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Team building is often overlooked by new entrepreneurs, but it is an important aspect when it comes to business growth. In this episode of Beyond 8 Figures, Anthony Hayes from The Hayes Initiative talks with us about hiring, adaptability in business, entrepreneur routines, setting boundaries, and so much more.

Anthony puts a lot of effort and attention into his business. Now, he is sharing why team building for business growth matters to him. He also shares how we can focus more on developing the right team and treating them well for lasting business success.

Anthony has an incredibly impressive background. He is an advocate for the rights of the LGBTQ+ community and strives to bring inclusivity into everything he does. He has some truly remarkable experience in his belt including working on Secretary Hillary Clinton’s campaign in 2016 and helping to launch programs that help immigrants affected by the pandemic. His firm, The Hayes Initiative, does stakeholder management, government management, and relations.

Importance of team building

Team building is an essential part of business growth because it serves as a catalyst for good performance, productivity, and innovation. Organizations can reach their maximum potential through developing solid relationships, efficient communication, and a sense of purpose among team members. Moreover, collaboration, trust, and camaraderie are encouraged at work thanks to team building activities.

These elements increase employee engagement, lower turnover rate, and boost morale, which ultimately contribute to business success. In addition, it promotes team collaboration, which fosters creativity and the ability to solve problems in new ways. Overall, team building is an investment in the long-term growth and sustainability of a business.

When we start a business, it is vital that we adapt and transition as our business grows.

[14:45] “As a leader, your job has to change when you start something new.”

Episode highlights:

  • Where Anthony sees himself in his entrepreneurial journey. -3:23
  • How Anthony’s job has changed year over year as an entrepreneur. -6:22
  • Why it’s so beneficial to have a smaller “boutique” group of employees and how it allows you more flexibility. -8:58
  • What has had the biggest impact on Anthony’s entrepreneurial journey. -10:21
  • Why Anthony has struggled to get out of the nitty-gritty of his business.  -14:45
  • Finding balance in business. -21:20
  • Why Anthony feels that routine is so important for business owners. -21:37
  • How Anthony defines success in his entrepreneurial journey. -30:21
  • The way Anthony structures his business so his team benefits when they do well financially too. -32:49

Transcript

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