The Ideal Investment Guide

Many businesses are similar with respect to products, services, and markets.

Yet not all passes through higher and higher levels of complexity in the firm while others do not achieve significant growth.

The key to the success of most growing organizations is that the entrepreneur has put together a team of highly qualified people who are committed to the goals and objectives of the firm. This does not minimize the importance of identifying opportunities in the marketplace, and developing products or services that satisfy the opportunity or need while producing a profit.

The keys are by no means the only things you need to do in building Entrepreneurial success, but they will give you a head start in understanding the ingredients necessary to build an effective entrepreneurial team.

HIRE SELF-MOTIVATED PEOPLE

Anyone who is a sports fan understands that the key to winning is having a talented, motivated team. But in business, we too often settle for talent that’s "just good enough," talent that we feel we can afford. When we do that, we compromise what our company can become. Entrepreneurs need to hire the very best people they can find -people who bring their motivation with them. In

addition to people with great technical skill, you need people who will share your dream with you and work with you to make it become reality. This means you need people with inner drive who give off energy of their own the impact of this cannot be over emphasized.

v Help Each Other Be Successful

Responding to the interests and dreams of your people requires that you treat them as distinct and separate individuals.  We have all experienced examples of the illogical behavior required when an organization "treats everybody the same." Responding to individual needs will make it possible to create conditions in which individuals' dreams will mesh with yours.

v Create Clarity In The Organization – Clarity Of Purpose, Direction, Structure, And Measurement

 

Creating clarity throughout the work force will enabled people to operate with a commonality of understanding and the assurance that everyone was working together. It required that leaders first establish clarity for themselves, and then implement a major communications and reinforcement effort to create it for the organization. He acknowledged that complete clarity is never attained in a growing organization; however, the changes that come with growth only increase the importance of clear thinking and clear communications