Tuesday, May 19, 2020

5 Signs That Preach Progress in a Startup Environment - Personal Branding Blog - Stand Out In Your Career

5 Signs That Preach Progress in a Startup Environment - Personal Branding Blog - Stand Out In Your Career As a startup owner, you obviously want to figure out the best way to measure success. In the early stages of business ownership, financial gains are not necessarily a good measure of forward movement. Instead, look out for these positive reinforcers. 1. The  industry is taking note. If your competition is starting to get a little uneasy, thats definitely a good sign. You want the  industry to take you seriously. You dont want your fellow competitors  writing you off as the new kid on the block. Make them nervous. Have them second guessing their current strategy. Heck, take it one step further and start redefining the  industry. This helps boost business longevity. 2. Your employees are eager to learn. In an ideal world, every single employee  would resemble a sponge. Theyd soak up industry knowledge, and always be looking to better their performance. Although this is ideal, its not necessarily realistic. But, in a startup environment, this type of behavior is a borderline necessity. Because youre a new business, you need to regularly test, evaluate, and adjust. You need to figure out what works and what doesnt. 3. If youre observing month to month financial growth, you must be doing something right.   Im not talking extreme numbers. You definitely dont want to shoot for 50% net profit increase in the first 60 days of business. That just doesnt make sense. But, even just a minimal increase goes a long way. Long story short? You dont want being in the red to become a trend. 4. There is a complete sense of transparency in the workplace. Want to encourage better individual performance? Keep all employees in the loop, especially when it comes to long term decision making. Dont forget to  ask the question, So, what do you think? This helps every single employee feel like theyre a part of something bigger than just the day to day grind.  For the most part, there should be no secrets. 5. Theres an accountability towards the greater good. Your employees all prioritize we over me. Its not about what can you do for us, its about what we can do for the company. In that, each individual also walks away with personal satisfaction. Remember, you want to prioritize the word team. Your startup will go nowhere fast if you cant make morale and group performance an obligation. Looking for progress in your startup? Prioritize these outcomes, and  youll definitely work towards results and long term business success. Looking for more productivity enhancers? Check out this awesome infographic, Supercharge Your Staff! 7 Hacks That  Put Productivity into Overdrive.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.