How to develop the ‘entrepreneurial spirit’ in your employees

EmployeesAs they add employees, company founders often worry that employees lack the entrepreneurial spirit on which the company was founded.

Although doing their jobs, employees seem to lack a passion for the business.

Quoted in INC.com, from his new book Stand in the HEAT, Glenn Carver gives some worthwhile suggestions.

  1. Hire for the fire. Look for enthusiasm and desire. Passion is something employees must bring with them. You can rarely create it.
  2. Recognize initiative in employees you already have. Initiative and risk-taking isn’t always rewarded in corporate culture. Employees often think that initiative is breaking the rules and is a negative. But to have an entrepreneurial culture, initiative, even small initiative has to be rewarded.
    Remember that negative comments will decrease people’s willingness to take a risk. But you can create a culture of initiative, self-reliance and independence with a regular diet of praise and recognition.
  3. Talk about profit and success. People don’t really understand how companies make money. Teach your employees about how the choices they make contribute to the cost of the product. Teach them about how profit runs a company and how it creates a future for each of them.
  4. Even a basic understanding about how the company works will help your people see how their own decisions are investment choices.

If you are an entrepreneur or thinking about how to become one, Stand in the HEAT has some great advice.

2012-12-04T07:00:21+00:00

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