Great leaders know that as with most relationships, your relationship with your employees isn’t one sided, it’s reciprocal. I’m not referring to punching a clock for a paycheck, either.

While I understand you have a business to run, I’ve learned firsthand that when my team’s goals are understood, my business thrives. Why? Because my employees are all in.

You may have heard me mention this before, but it bears repeating (so much that I wrote a whole dang book about it!). Your business depends on how efficient your team is. To obtain that, you need to increase the dedication of each employee.

Here are two methods I use to keep my team happy, motivated, and feeling invested in our company:

Goal alignment: We meet each quarter and discuss our personal goals. We know what each team member is working toward inside and outside of the business. As a leader, when I know what their needs are, I can review our business model to see how I can serve them in their endeavors. For example, Erin owns a refill business and sets up shop at local markets. We can promote her, offer a flexible schedule, and even offer her information that helps support entrepreneurs.

Psychological ownership: This is one of the most effective ways I’ve increased employee retention and satisfaction in my own business, and I know you can do the same. When you give your employees something that they are specifically and solely responsible for, they naturally feel more ownership. And that’s what you want. Pride in ownership will improve any task an employee is working on.

You want your employees to act like owners, to care as much about your business goals as you do. Try these two methods and let me know how well they work for you.

As always, I am wishing you health and wealth.
-Mike

PS – The market is rapidly changing, and that means recruiting is changing too. Keep up and get more intel on building your best team yet when you pre-order All In.