Building a Relentless Team – Advice from Chairman of Jason River CapitalApril 26, 2019 - Author: steph
Have you ever wondered how do people build entire corporations from zero? It usually takes a lot of persistence and excellent work. But at some point we are all tempted to quit some challenge or routine specially because doing something new and different looks attractive.
Paul Sanders has experienced this scenario all the time. He not only made the right decisions to stay in the game and make all those achievements but also found a way to transfer his devotion to his employees as well.
Paul Sanders is currently the president of Jason River Capital, known before as KP futures Management Corporation. He has shown impressive leadership for almost 30 years when inspiring his workers to be great. Here are some insights about what he likes to call ‘positive work environment’.
Since he entered the industry he has always wondered what makes people work below their potential. Exhaustion, incompetence or just poor performance are well known enemies in every corporation. Obviously we do not have to mention all the negative events that can be produce from it. Business owners like calling it ‘burning out’.
Usually when people do not show enough confidence or excitement about work is because there are not a clear and positive outcome of doing the work. The company’s vision must be compelling enough. It’s the single most important part when preventing this to happen.
When managing Jason River Capital, Paul likes to remark that workers ONLY experience burn out when they feel ‘unappreciated or inadequate’. They are willing to work as much as necessary! Of course everything has its limits, but the point we are trying to get straight is that performance is more about purpose rather than capacity. Learn more: https://www.turtletrader.com/trader-jamesriver/
Better said, people do not want quantity over quality; they do not enjoy working long hours for something that is not valuable or rewarding. Now, it’s also relevant knowing that everyone has a different level of capacity. But as long as employees do not get discouraged and nor give up they will eventually make it right.
Having said that, Paul Saunders gives us some guidance about how to prevent this unpleasant surprises. The first thing he claims is that someone who experiences that weakness wants his team to understand him. Transparence, honesty, recognizing their value are great factors to boost their self-image.
As stated before, everyone has a different capacity when working. But some of them also have different motivations and drives. If your team member’s values are freedom for instance, the best thing you can do is giving more responsibilities. More control essentially. It may seem risky but it is not as long as it increases work quality.
Last but not least, every successful company is flexible, that is why they survive. Control, customization, adaptability are keys to unlock some of the most valuable skills in an employee: creativity, leadership and innovation.