E-Myth Benchmark

We are a celebratory society. We celebrate birthdays, anniversaries, holidays, and other milestones. In our personal lives we celebrate just about every chance we get. But what about our professional lives? When was the last time your business celebrated a birthday, anniversary, or mid-year production goal? With their eye on the finish line, busine... ss owners can miss the little successes, milestones, and personal achievements that happen on the way to that finish line. So, what does celebrate really mean? Does it mean that every time something good happens you have to throw a party? Of course not, but it does mean that as the owner, you will need to be intentional about acknowledging the successes of the business and its employees. There is any number of ways a business can celebrate success. As owner and manager, simply walking the floor of your business and thanking your employees for a job well done will go miles toward building their confidence. This in turn makes your business stronger because employees will feel appreciated and take more pride in their work. Acknowledge birthdays and anniversaries and on the job successes. You may be amazed at the amount of goodwill a $.99 greeting card presented to an employee from a group of employees can generate. The rule of thumb in this situation is that if you do it for one employee, it has to happen for all employees. Employee lunches are also a great way to bring everyone together. It gives the employees an opportunity to interact with each other without the pressure of job performance and allows you, the owner, to bring everyone together at one time and show your appreciation. It doesn't have to happen that often but should happen at a regular interval, such as once per quarter. Identify and celebrate milestones along the way Much like a marathon has water stations; the path to your goals needs to have points of relief or acknowledgement. This will keep the entire team fresh and pushing towards the goals of the business. Plan and be prepared to be spontaneous. ...Read More