You may have heard of A players, B players, and C players in companies and corporate world. As a part of my one year business mentoring by a man who has created more than 50% of the world’s gurus I am designed to study more on the strategies and tactics of how to turn a small company into a profitable one and be able to challenge with the big companies in some aspects in the markets.
In the program I can see how far I and my business are going. Where we are at. What I need to get done in order my business to grow to the next levels. And once my business can grow without me or consume very less of my time I will start second and third one.
As a part of the exit strategy, choosing the right people for my team is crucial. I experience myself starting PM Leadership with USD 400 and be able to make it a six figure income in three years. I know what it takes to run a business with very little money and be able to provide great values and benefits to our clients. I have done it with my team at PM Leadership and my future new business at PM Wealthx and my future Real Estate Business.
As I am influenced by Steve Jobs I study his strategies and mindset… one of them that I want to share is choosing the A players to be in my team. Of course, in a company it does not mean that we have all A players. We still have some B players and few C players. At this point you need to understand the definition of each player: A, B, and C.
Here is a text that I get from a book called “The War for Talent” by By Ed Michaels, Helen Handfield-Jones, and Beth Axelrod. Published by Harvard Business School Press .
What precisely do we mean by A, B, and C players? You could think of these three levels in absolute terms: A players define the standard for exceptional performance by consistently delivering results and inspiring and motivating others; B players are solid performers who meet expectations but who may have limited upward mobility; and C players deliver barely acceptable results. You could also think of them in relative terms: In a particular company, A players are the best 10 to 20 percent, B players are the middle 60 to 70 percent and C players are the bottom 10 to 20 percent. Whichever approach you use for defining your talent segments, be sure to install a common definition that can be consistently applied. Many companies are uncomfortable designating people as As, Bs, and Cs. Differentiation requires a willingness to acknowledge that among the many committed hard workers, some contribute more than others in terms of performance and impact to the organization. At the core of this discomfort is a genuine ambivalence about passing judgment on people. However, it is important to remember that you are not passing judgment. You are assessing performance. Moreover, it is not a permanent verdict. In fact, the underlying purpose of the assessment is to help people improve their performance.
Before I am able to choose the right people in my team. I have been developing myself to be the right person for my business. That’s is the essence of being a business owner who runs a business with less capital. If you have the same challenge I had three years ago. I encourage you to develop yourself in the areas of Personal Development such as Self Confidence, Public Speaking, Emotional Management, Self Esteem, etc. and Business Development such as Marketing, Sales, Business Planning etc.
You can find great learning resources here
- Personal Development by PM Leadership
- Flagship Breakthrough Personal Development Program by Kham Piseth
- Business Development Program by EDI Cambodia
- Talent Hunting with ejobpage.com
- Talent Hunting with EBM Cambodia
Piseth Kham is the founder of PM Leadership and Business Advisor. His opportunity to work with world-class experts and trainers has made him unique and different to other trainers in Cambodia. He is personally mentored by Rich Dad Asia Bellum Tan and The Guru to Gurus, Rich Schefren and Clara Tan. He met Richard Branson, Robert Kiyosaki, Les Brown, Blair Singer, Ron Kaufman, just to name a few. He is famously known for starting his company with a few hundred dollars and turning it into a national brand within one year. His corporate clients includes Koh Sathipheap, Virtus Group, Lotus Advertising, Marist Solidarity Cambodia, CRDT, CSUK and more. Piseth successfully helped to set up and launched a BNI Chapter “BNI Cambodia-Millionaire Chapter“. Piseth has appeared on famous media outlets such as CNC, SEA TV, TVK, Hang Meas TV, Bayon TV, Radio Australia, National Radio, Phnom Penh Post and others.
Piseth is the former Advisor with German Development Service (DED), former Program Manager of CDPO, and former Grant Management Advisor to Abilis Foundation. Piseth holds his MBA from Maharishi Vedic University.