As an entrepreneur it is important that you hire
talented people and then manage them well.
To achieve the latter, create an environment where
they use their intelligence and judgment
to act independently.
How?
(1) Respect
your employees and give them freedom.
(2) Provide
them with a mission and vision; clearly defining who the company is and where it
is going.
(3) Share
the rewards
(4) Lastly
acknowledge that great businesses rely not on individual stars but on a system
in which everyone can shine.