This is carelessness on the business owner’s part. How could a staff member, permanent or contract, steal such million for months from your business, and you only find out after the money has been completely taken?
How many millions or billions is the business worth for you to be that disconnected from its daily operations? The way I’m actively involved in my business’s daily operations, it’s almost impossible for anyone to steal that much from me without me noticing.
In my business, a higher level of accountability is expected, but I believe it also comes down to how involved you are as a business owner.
I see and monitor almost everything. Sometimes, I even create the loophole myself and stay quiet just to see who will discover and exploit it.
GET INVOLVED
Because some employees, especially in our part of the world, come into your business with two things in mind: first, to earn a living, and second, to find opportunities to become wealthy from the business itself.
That’s why, as a business owner, you shouldn’t completely detach yourself from the daily operations. Trust your team, but have systems that allow you to see, monitor and understand what is happening in your business.
