Tuesday, 15 November 2011

Be a successful entrepreneur

Motivating people is an important part of creating a successful business. there is five key motivationg factors:

1. control: people need a sence of control over their jobs. Empower your employees. Give them the authority to make their own decisions, even when those decisions are wrong, you back them up.

2. Belief: This is where communication is key. Always made it a practice to share your vision about the company and its core values.Our employees know what our standards are and respect our commitment to maintain them at all times.

3. Challenge: Hiring the best people available, but make it clear to them that they cannot rest on the laurels of their past reputation. you have high expectations. you believe that people need to be challenged to exceed their goals.They know they must achieve these goals in order to remain on the team.

4. Learning: People need the opportunity to improve their skills. Encourage employees to take courses, read business books, and network with experts. Learning should bea life-long pursuit.

5. Recognition: People need to feel appreciated. Praise them often. This is an area that many entreprerneur don't pay enough attention to . You must make this a prority.Recognition can be as simple as telling employees they are doing a great job, In addition, you should find ways to offer public Recognition or provide reward for exceptional performance.

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