If you’ve been following me or Cardone Ventures for some time, you’ve probably heard of the term “PPF goals” or “PPFs”. 

PPF is an acronym for Personal, Professional, and Financial goals. It is the key to understanding your team members’ motivations, goals, desires, and targets. 

I highly recommend having the very first PPF conversation within 60 days of employment. If you’ve never had one with your team members who have been with your company for longer than 60 days, no worries. You can do them at any time.

Keep in mind: PPFs are done on an annual basis and they cover your employees’ one, three, and five-year goals. 

This is the opportune moment to guide your team member in setting 10X goals for themselves. It’s also the perfect moment to show them how you and your company can help them achieve their PPF goals.

However, you need to have these conversations in person. Preferably away from the office, so your team member feels more relaxed, at ease, and ready to talk about their goals. 

Biweekly one-on-ones are the holy grail of developing your employees. 

Ideally, you would have these one-on-ones after your PPF conversation; it helps you keep track of their progress. 

But the main reason these are so effective and necessary is because it gives you and your leadership team the opportunity to:

• Check in on your employees’ progress;
• Offer any suggestions;
• Coach them through what they may be struggling with;
• Work on a plan to help them improve (if they need it). 

To develop an exceptional team, make sure you have an Employee Maturity Model created for the positions in your company. The right team members are not only interested in the growth of the company, but also their own growth. 

Individuals with ambition will not want to work in an environment where they feel they cannot grow. So you, as the business owner and leader, need to show them what’s possible by providing them with a trajectory for their career growth within your company. 

To learn more about developing employees as an outstanding leader, schedule a discovery call for our upcoming People Essentials Workshop.

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