TWELVE

Be a Teacher

In my seminars, I often start off by asking a cryptic question: “What is your most valuable financial asset?”

After a pause while people ponder the question, I tell them, “Your most valuable financial asset is your earning ability. It is your ability to get results that people will pay you for.”

Of all the assets in a company, only people can be made to appreciate in value. All other assets and resources deteriorate and depreciate over time. When you take the time to grow your people, you can actually cause them to increase in value—in earning and contribution ability—and to increase the value of their work to the organization.

One of your most important roles as a manager is to teach and train the people working under you ...

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