the author says a manager should spend up to 70–80% of their time talking to their subordinates. If they joined this company recently, it should be up to 90%. And not just during formal meetings; chatting over coffee or during lunch can be equally valuable.
An employee who does not know what his supervisor wants from him lives in a state of anxiety, permanent “toxic” fear. I know exactly what I’m talking about.
It’s your business, if you’re an entrepreneur, so you’re responsible for it. And if you want to share responsibility with them, share both stocks and dividends.