10 Tips In Managing People For Young Entrepreneurs

​If you want to manage somebody, manage yourself. Do that well and you'll be ready to stop managing and start leading.

​Manage yourself and lead others. Leaders must believe that they can trust people and can hand over a portion of the business with confidence. Leaders must surrender authority and empower others.

I had watched an FB live video from The Global Filipino Investors (TGFI) about managing people. And I would like to share it with you because it might help you. This is a good read if you are an entrepreneur, handling or leading a team.

Management is a practice. Take care your people and they will take care your business.

• ​Set a good example.
  
• Hire slowly and fire quickly.
  
• Know your people's strengths and weaknesses and motivation.
  
• Focus less on weaknesses and consider the strengths.
  
• Praise in public. Correct in private.
  
• Discipline should be immediate, fair, consistent without personal animosity.
  
• Focus on solutions, not problems.
  
• Communicate goals and expectations well. Set clear measurable objectives.
  
• Make people accountable.
  
• Provide team members with resources and support.