MSMP 97: Nicolene Elhadad on Having a Super Team to Help Your Business Grow

What Does MSMP 97: Nicolene Elhadad on Having a Super Team to Help Your Business Grow Talk About?

In this episode of the Mads Singers Management Podcast, Nicolene Elhadad shares her journey from starting a business in her garage to building multiple successful franchises in South Africa. She emphasizes the importance of delegation and building a super team to help business owners grow their ventures. Nicolene and Mads discuss the fear of letting go of control and how it hinders business growth, advocating for entrepreneurs to focus on high-value activities rather than getting bogged down in mundane tasks. They also explore the significance of developing staff, understanding their hidden talents, and fostering a culture of growth and learning.

You don't need to be making millions, have a massive team, or have a famous brand before you can start franchising; you need a system that works.Nicolene Elhadad

Who Is Featured on MSMP 97: Nicolene Elhadad on Having a Super Team to Help Your Business Grow?

Nicolene Elhadad is a self-made millionaire, franchise business coach, and entrepreneur based in Cape Town, South Africa. She and her husband started their business from their garage and have grown it into several franchises and businesses across South Africa. Nicolene is passionate about helping people and changing lives, encouraging former employees to exceed their limits and never regress. She believes in building a super team that can handle operational tasks so that business owners can focus on growth.

What Are the Key Takeaways From MSMP 97: Nicolene Elhadad on Having a Super Team to Help Your Business Grow?

• Once people understand your product's value, location becomes irrelevant to their purchasing decisions.
• You can start franchising with a working system, not necessarily with millions in revenue or a famous brand.
• To grow quickly, delegate everything in your business to capable team members.
• Regular one-on-one coffee meetings with staff can uncover hidden talents that benefit the business.
• Hire people who are better than you to handle mundane tasks, freeing you to focus on strategic growth.

Business owners should try to have a coffee date with each of their staff once a month to understand them better.Nicolene Elhadad

Is MSMP 97: Nicolene Elhadad on Having a Super Team to Help Your Business Grow Worth Listening To?

This episode is highly valuable for entrepreneurs and business owners who struggle with delegation and scaling their businesses. Nicolene's practical advice on building a super team and her personal success story provide actionable insights that can be applied immediately. The discussion on overcoming the fear of letting go and investing in employee development is particularly enlightening.

Who Should Listen to MSMP 97: Nicolene Elhadad on Having a Super Team to Help Your Business Grow?

• Entrepreneurs
• Small business owners
• Franchisees
• Managers

What Are Listeners Saying About This Episode?

Joining us from Cape Town, South Africa, today’s guest on the Mads Singers Management Podcast is none other than self-made millionaire, franchise business coach, and entrepreneur Nicolene Elhadad!

Nicolene and her husband started from their garage and have worked their way up to several franchises and businesses all over South Africa.

However, it’s not all about earning money. Nicolene and her husband believe in helping people and changing their lives; they even encourage their former employees to go beyond their abilities and never go backward in life.

Nicolene and I then talked about delegation and how important it is in a business. Many business owners are often afraid to let go of the reins and hand over tasks and responsibilities to their employees because of the fear of failure; however, many business owners struggle to grow their business and waste a lot of time and resources. Instead of feeling busy or looking busy, entrepreneurs and business owners should spend their energy elsewhere to grow their business.  And while it’s essential to have the right kind of people in your business, a good mindset is also necessary so that you can move your business forward faster. Recruiting people is easy, especially if you’re a known brand or company, but getting them to work with you is difficult.

Key Learning Points:

1. Nicole points out that once people figure out what your product is and how good it is, they don’t care how far or near you are located- 3:11
2. Nicole says you don’t need to be making millions, have a massive team, or have a famous brand before you can start franchising; you need a system that works. 
3. It would help if you found people who are like you. - 5:20
4. Mads says that if you want to develop fast, you want to get rid of everything you do in your business and have other people do it. - 8:02
5. Mads points out the importance of developing and growing your staff to be able and capable of doing the work they should be doing. - 10:00
6. Nicole says that business owners should try to have a coffee date with each of their staff once a month to understand them better. They may even have a hidden talent that can help you bring in more money or clients for the business. - 11:09
7. Mads points out that having a business doesn’t mean you should be running the business but rather hiring the right people to make the business work. - 11:44
8. People will buy from you in to your business because you’ve given them that safety net.
9. You’ve done all the hard work for them; now they get to partner with someone they can look up to. - 18:17
10. Nicole believes in having a super team, a better group than you that can take care of all the unnecessary and mundane tasks off your plate so that you can focus on growing the business. - 19:18
11. Mads shares how he gets surprised by his staff when pushed because they deliver more than you expected. - 21:57
12. Mads shares how people need to learn, and the only way to do that is by trying out things, failing, and making mistakes. 22:50

Connect with Nicolene:

LinkedIn

Website

Facebook Group