Elevate your career with these 3 types of business relationships

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EMPLOYEE: Hired hand, lowest value, does what they’re told, low loyalty, easy to scale, pay for continued results.

PARTNER: Higher skill level, Shared mission, medium commitment, must negotiate, potentially high impact.

MENTOR: highest skill level, no cost because they believe in you, greatest impact.

Use the right relationship type for the right situation:

*** If you need EFFICIENCY, hire employees. Checklists drive repeatable excellence. Get out of working in your business, so you can work on your business.

*** If you need SCALE– to multiply business results, find a partner. They will give you distribution and authority.

*** If you need DIRECTION, get a MENTOR first. Do this before you hire employees or find partners. Direction is more important than speed. Wise counsel ensures you have a solid strategy.

All three types require that you establish clear, mutual benefit.

Do you have the right mix of employees, partners, and mentors?

Do you need help in any of these areas to drive efficiency, scale, or direction?

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About Dennis Yu

Dennis Yu is the Chief Technology Officer of BlitzMetrics. He is an internationally recognized lecturer in Facebook marketing, having been featured in The Wall Street Journal, New York Times, LA Times, National Public Radio, TechCrunch, Fox News, and CBS Evening News. He is also a regular contributor for Adweek's SocialTimes column. Dennis has held leadership positions at Yahoo! and American Airlines. He studied Finance and Economics from Southern Methodist University and London School of Economics. Besides being a Facebook data and ad geek, you can find him eating chicken wings or playing Ultimate Frisbee in a city near you. You can contact him at dennis@blitzmetrics.com, his blog, or on Facebook.