Bailouts Just Don’t Work

From Reinvent Yourself: The Simple Steps to Dominate Your Market…

Achievement rewards and incentives are the best stimulus packages.  In challenging economic times your persistent sales and quality service will carry the company.  Bailouts don’t stimulate anyone.   When someone wins an award there is pride of accomplishment and the incentive to do the same if not better next time.

Have as many awards as your achievers earn.  Don’t limit them to just one per year.

General Motors received a hefty bailout from the United States Government, but Ford held out to succeed on their own.  In 2009, it was Ford who excelled in sales over both GM and Chrysler.   How many of the GM bailout billions were teaching their dealers and sales people to excel in their endeavors?

None.

Bail someone out and they will learn that they don’t have to work to get rewarded…

and that you will do it again.

Challenge them to excel and reward excellence and they will learn to do it better each time.

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