Episode 6: What's the Core Asset of any Business? - You, and Me! The Power of Human Capital
In the past five weeks, unemployment claims have climbed to 26 million as panic flooded the market due to COVID-19 and an unpredictable future. A lot of business owners are in a pickle: on one hand, the business may not survive without some serious budget cuts, like laying off employees; on the other hand, without their trusted associates, no business can succeed and improve to the next level. What can we do? In this episode, we talked about the power of human capital. Tim and Dan explained the importance of planning for the long term when times are good. Drawing from his experiences in the Marine Corps, Nathaniel introduced the efficiencies of a bottom-to-top hierarchical structure.
We hope you enjoy this episode and talk soon.