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Develop your team and a succession plan to be ready when you move on

So how do you train your senior management team? If you pick the right people, you will find you don’t need to train them on the management side. You just need to counsel them on ideas. Plan to train them on your business, but don’t tell them it is written in stone. You hired them to be creative. Don’t micromanage them. Your job should be to coach, mentor, motivate, encourage, counsel, be a sounding board….. Your job is to grow the business, not run the business.

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