MadameNoire Featured Video

(Entrepreneur) — Virgin’s ability to grow and diversify successfully was set in the company’s early days, with my learning how to delegate and let go. This will probably seem counterintuitive to anyone who is in the midst of launching a business. Right now, you are almost certainly motivating your staff by demonstrating your own drive and enthusiasm. Most days, the founder will be the first to arrive at the office and the last to leave. This is often the only way to survive those first tough years, when most businesses have to scrape by with the minimum number of employees.  The trick is to start promoting from within on day one. I’m not just referring to moving people to new positions, but giving all employees enough flexibility to take on new responsibilities within their current jobs.  When employees tell you about their good ideas for the business, don’t limit your response to asking questions, taking notes and following up. If you can, ask those people to lead their projects and take responsibility for them. From those experiences, they will then have built the confidence to take on more and you can take a further step back.

Read More…

TRENDING ON MADAMENOIRE
Comment Disclaimer: Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN