Employee turnover can be just as – if not more – expensive than smashing Rolexes. Watch the quick training above or keep reading to learn how.

Are You Smashing Rolexes?
When I was 25, I invested in my first Rolex. I look forward to giving this watch to my son one day. Ultimately, the watch I spent $4500 on has grown in value to over $10k. I’m not sharing this without reason, it relates to turnover in your business.

The Cost of Turnover
If you spend money on recruiting and training on a new hire, it’s likely you could spend up to $15k on them. But you may realize after 90 days that they are not the right fit, and you let them go. This is equivalent to purchasing a brand new Rolex, taking it outside, and smashing it.

Smashing a Timex…
While there is nothing we can do with 100% success, there are things you can do to improve your odds. Some of these things include having a constant recruiting process, looking for new hires who will fit your culture, and sticking with your standards. Hopefully, you may not smash a Rolex when you have turnover. Maybe you just smashed a Timex.

A Recruiting Process
In the recruiting process, take time to do everything you can to make sure the odds are in your favor. Have a recruiting pipeline process ad stick to the steps! This is a great way to begin reducing hiring and turnover costs.
Grow Your Leadership
Bradley has many resources to grow your leadership in the area of vision and priorities. Check out a few of them:
When you think about establishing your business priorities, allocating your time, your scoreboards, and the team you have, you also have to think about your marketing and sales strategy. Keep reading…
When you think about who is on your team, you’ll begin to see how well your business can do. In this episode, Bradley discusses who is on your team and the true definition of an A-Player. Keep reading…

It’s difficult to get to your destination if you aren’t sure where you currently are! After all, the path from Minnesota to Canada is very different than the path from Mexico to Canada. If you aren’t certain where you’re at today in business, you need to take the Rainmaker to Architect assessment. It will gauge your strengths and weaknesses as a leader and in your business. Then, you’ll get detailed, specific suggestions for improvement. Take the assessment here.