We're talking a lot about the new mandated minimum wage increase that will impact some business owners.
More than likely, you're not paying your "superstars" minimum wage. You don't typically attract superstar employees with a minimum wage. Instead, you need to set aside a good-sized chunk of your payroll budget to that group of stars in your business that help you expand and grow.
If you work hard on the hiring process and fire hires who turn out to be weak, you should end up with a core group of about six superstar employees. And if you have six superstars working for you, your business is at least six times more powerful than you are. You will be able to produce products that are six times better at six times the quantity. Your sales will be six times better and your profits will too.
Having a six-superstar business is a wonderful thing. But you can get double that wonderfulness by doing one simple thing: Insist that every one of your superstars hires at least one superstar himself.
Start today by making a list of your core group and then asking them to name 
their top people. Challenge them to rate those second-tier superstars in terms of intelligence, tenacity, work ethic, and anything else you know of that is important in your business.
Set high standards. Tell your superstars that unless they have at least one employee who is as good as they are, they haven't done the right thing. Explain how having them in your employ has helped you and the business grow. Tell them that good things will happen to them too, because once they have their own superstars, they can move up and on to other, greater opportunities.
Some superstars don't need to be told to hire superstars. Some do. Don't leave this all-important task to chance.
If top-notch talent is limited to a single level - the one directly below you - your business will never be able to reach its potential. New projects and possibilities will either fail or be put off indefinitely because your best people will work themselves into stagnation.
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