Week 7 - MBA 6101 - Ascend Your Start-Up

At the pinnacle of your business, not everyone will believe in what your business stands for and is looking to bring forward. However, this is the moment where you cannot panic; instead, this is the moment where the fear should motivate and energize you to grow at higher rate and be willing to take risks. One of the biggest lessons that has paid off over time is taking care of one’s employees. Company culture is extremely important as it sustains growth. (Yu, pg., 145, 2021) For example, the CEO and founder of Chobani Yogurt provides share options and other benefits to his employees showing that the company is not another “get rich” business. Instead, the founder shows compassion to all his employees and shows that their health, both physical and mental is important for his business to grow.

Building trust with one’s employees is extremely important. Employees must be behind the full vision and mission that the founder has set. To do this, the founder must keep the road open both ways in order for employees to feel comfortable to voice their concerns and believe they are heard. While being profitable and making money holds important, it becomes more important that the founder shares the drive and passion behind the business they have created. This can create a surge of energy among the employees and motivate them to bring forth a stronger work ethic. 

Reference:

Yu, H. (2021). Ascend your start-up: Conquer the 5 disconnects to accelerate growth. Made For Success Publishing.