You are completely committed to your business. A fierce spirit of entrepreneurship is inside you, and it drives you to give your best effort every day. The same can’t be true for your staff, unfortunately. It’s not unusual to have the negative impacts of low motivation despite trying various incentives. Sometimes even the most competent managers need to go out of their comfort zones to come up with effective and lasting methods of inspiring their staff.
Here are three innovative methods of employee motivation borrowed from successful entrepreneurs and managers:
- Try Splitting Long-Term Goals into Weekly Goals.
Although you aim high, creating intermediate milestones is important to keep people engaged. Concentrate on getting fifty new clients this week rather than trying to generate a billion dollars this year. After they have accomplished their mission, the team should be rewarded with a party, a day off, or maybe a bonus. When they realize how achievable your objectives are, they’ll understand the value of putting in the effort.
- Motivate People Separately Instead of the Team.
One of the few ways to ensure every team member is working in the same direction is to provide them with aligned rewards. For example, you cannot give a St. Dupont lighter to everyone. In the same way, not everyone will be motivated by a Cross Ballpoint pen as a reward. Thus, by re-framing the plan differently, you can ensure that everyone involved knows exactly how their participation will help the team. Motivating the team in this way may lead to remarkable results.
- Maintain an Open-Door Policy at All Times.
It’s amazing how far the words “thank you” and “please” can go with employees. Simply put, you should treat your employees in the same manner that you would like to be treated. Additionally, as an entrepreneur, you should maintain an open-door policy for feedback and ideas. When employees are heard, they take pride in their work and realize they are contributing to something bigger than themselves.
The Bottom Line
You may show your employees that they are appreciated and valued by giving them chances for growth that get a lot of attention. Lead with compassion, put your faith in your team, and watch them grow under your guidance.