Mike Holt Enterprises Understanding the NEC

September 23, 2022
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Mike Holt

This newsletter series will give you insights and techniques to help you build a better business no matter how large or small yours is. I always say that success comes from working on your business as opposed to in your business. I want to share with you the systems and philosophies that have been successful for me over the years.

This is newsletter #37 in the series. If you have missed prior newsletters, and are enjoying the series, we encourage you to purchase the program. More information can be found by clicking on the coupon at the bottom of this page.
Basic Needs


The four most basic needs of an individual are food, clothing, shelter, and freedom from fear.

Most individuals begin a job in order to fill these four basic needs in their lives. With luck and careful selection of employees, you’ll find that your employees will develop a fifth “need”—that is to grow to become an integral and confident part of your organization.

Allowing individuals to fill their most basic needs on the job and, at the same time, develop their personal skills and abilities to become more productive and proficient for your organization is important.

Equally important is that a company creates the right environment for this 'fifth need' to grow. Toward that end, standards must be set and maintained. Make sure that your firm has and enforces policies that do not tolerate any kind of negative behavior among employees. Unacceptable behavior in the workplace should not be tolerated—any exceptions affect all employees and have far-reaching consequences.

This also affects your building. Maintain outdoor lighting for access and egress to the work site. At night it is important if employees have to work late, that they don’t have to enter a dark parking lot. When they need to work late to complete company business, make sure that they have someone check on them from time to time.

Always remember to treat your employees with respect. Be available to listen to them, and acknowledge their presence and their accomplishments.

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We'd love to hear from you about this series, and the ways you're using it. Send us your comments and feedback by clicking on Post a Comment below. Look out for the next part in this series a month from now, and please share with your colleagues.

The above content is extracted from Mike Holt's Business Management Skills Program.



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