There’s no doubt that in business, little leaks can often sink the ship …
And this is why it’s important to keep your costs in check.
However, with that being said, just like with most things in life … you can easily take this process to the extreme and experience the opposite effect.
For example, maybe you’re always looking for the least expensive talent since that’s often one of the largest expenses in a growing company …
On the surface, this seems like a smart strategy, until …
You begin experiencing disengaged employees, repetitive mistakes, sub-par quality, and so on …
All of which cost you much more than you could have ever saved.
Unfortunately, this doesn’t even cover all of the missed opportunities that highly engaged and motivated team members would have brought along with them.
Now, I understand this may not be what you want to hear, but it might just be what you need to hear.
Just like shooting an arrow from a bow … pulling back temporarily may be just the key to launching you and your business that much farther. (Looking at you Dan Price from Gravity Payments!)