Young Upstarts

All about entrepreneurship, intrapreneurship, ideas, innovation, and small business.

Want the Ultimate Business Power? It’s Called Motivation.

success_kid

Motivation is incredibly important in the world of business. And people often forget just how important it is. We tend to think about sports stars when we think about motivation. But it’s important to remember that motivation is what keeps all your business endeavors going strong.

All the personal elements you need have their roots in motivation. Good business requires patience. Patience requires motivation. It requires skill, ingenuity, tenacity. And motivation is a prerequisite for all of those things.

You need the motivation. Your employees need the motivation. Otherwise, you’re going to be eating the dust of other companies in no time.

The importance of motivation.

Motivation is one of the key factors in what drives physical and mental reactions. If your staff are highly motivated, then they’re going to do their jobs better, faster, more efficiently. But it could be argued that motivation is even more important for the budding entrepreneur. The person at the helm of a startup business.

This is because all businesses come with their ups and downs. Starting a business is a stressful thing. It’s also a pretty intense learning process. This can be true even for people who have been in their field for years, or even those who have started a company before! If you become demoralized, that’s a dangerous sign of a lack of motivation. If you get knocked down, you have to be able to pick yourself back up.

Goals and coaches.

No, we’re still not talking about sports. We’re talking about the elements of a business that will help with motivation across the board. One of the most important things a set of employees need is a set of goals. Goals turn the vague aspirations of your business into attainable, tangible things. Make sure these goals fit specific guidelines, and are realistic and trackable.

These goals are going to help you, too. Who you hire is also going to have a big effect on your motivation. You need to be surrounded by hard-working, enthusiastic people. This will help with your own motivation, because it will make the attainment of your goals more realistic. You could also look into getting the help of a business coach. An outsider’s perspective can give you priceless information and advice. Someone who will have your back is a key to staying motivated.

Incentives.

A lot of people would like to think that employees don’t need extra incentives to do their job well. But even someone who adores their job with all their heart will eventually feel unmotivated if the job is pretty thankless. When goals are achieved, what actually happens? Sure, the business will reap certain benefits. But will these benefits trickle down to the employees?

You should add incentives to the goals which will help motivate employees. After all, the attainment of the goal should affect their career. It should even affect their personal life in a positive way. Think of some ways your business can achieve such a reward model. Certain things will work better in some work environments than others. Pay attention to your office culture and find out what could really benefit everyone in the room.

Share

Young Upstarts is a business and technology blog that champions new ideas, innovation and entrepreneurship. It focuses on highlighting young people and small businesses, celebrating their vision and role in changing the world with their ideas, products and services.

Tagged as: , ,