5 Signs That Preach Progress in a Startup Environment


progress in a Successful Startups

Signs that preach Progress in Startups

As a startup owner, you obviously want to figure out the best way to measure success. In the early stages of business ownership, financial gains are not necessarily a good measure that shows progress in a startup. Instead, look out for these positive reinforces.

1. The industry is taking note.
If your competition is starting to get a little uneasy, that’s definitely a good sign. You want the industry to take you seriously. You don’t want your fellow competitors writing you off as the “new kid on the block.” Make them nervous. Have them second guessing their current strategy. Heck, take it one step further and start redefining the industry. This helps boost business longevity.

2. Your employees are eager to learn.
In an ideal world, every single employee would resemble a sponge. They’d soak up industry knowledge, and always be looking to better their performance. Although this is ideal, it’s not necessarily realistic. But, in a startup environment, this type of behavior is a borderline necessity. Because you’re a new business, you need to regularly test, evaluate, and adjust. You need to figure out what works and what doesn’t.

3. If you’re observing month to month financial growth, you must be doing something right.
I’m not talking extreme numbers. You definitely don’t want to shoot for 50 percent net profit increase in the first 60 days of business. That just doesn’t make sense. But, even just a minimal increase goes a long way. Long story short? You don’t want being in the red to become a trend.

4. There is a complete sense of transparency in the workplace.
Want to encourage better individual performance? Keep all employees in the loop, especially when it comes to long term decision making. Don’t forget to ask the question, “So, what do you think?” This helps every single employee feel like they’re a part of something bigger than just the day to day grind. For the most part, there should be no secrets.

5. There’s an accountability towards the greater good.
Your employees all prioritize “we” over “me.” It’s not about what can you do for us, it’s about what we can do for the company. In that, each individual also walks away with personal satisfaction. Remember, you want to prioritize the word “team.” Progress in a startup will go nowhere fast if one can’t make morale and group performance an obligation.
Source


Like it? Share with your friends!

717 shares

What's Your Reaction?

Unuseful Unuseful
0
Unuseful
Useful Useful
0
Useful
hate hate
0
hate
confused confused
0
confused
fail fail
0
fail
fun fun
0
fun
geeky geeky
0
geeky
love love
0
love
lol lol
0
lol
omg omg
0
omg
win win
0
win

Comments

comments

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format