Whether in business or your own venture start-up, we all love exponential growth. However most of fall on our face with failure or have to content ourselves with linear growth.
Rapid growth won’t last long and sometimes it will occur only once That is sufficient for a business to outdo and get a name for itself.
Such growth can’t be planned and executed flawlessly. It comes with a surprise. There are few things which we can do to make sure we hit the massive growth sooner.
Define Small Success
When there are big goals for a company, it is often overlooked and employee can’t relate to it. Once you have mini-goals which are more close to employee then it would be easier for them to give their 100 percent.
At the same time, one should make sure the employee gets rewarded for each milestone they reach. Else, the momentum would soon drop and everything will become stagnant.
Once you give the rewards (huge ones) to outstanding employee’s, lay out clear plan on how to be outstanding, then everyone will work to get the reward.
Just make sure, you reward each one who achieves the goal, there shouldn’t be competition within employee, if anything they should complement each other. As a result, more and more employee will outperform and business will witness the massive growth.
Celebrate Big Wins
Although the major goal would be something like crossing $1 billion in revenue, there should be some big wins along the way.Work hard, party even harder. Repeat Click To Tweet
For example, crossing $10 million in revenue or getting some huge clients contract or receiving some award for business practice.
When you formally tell everyone about it, it is okay-okay, you want to be great and call for a party and enjoy the success. This way, there will be constantly great spirit among employee’s.
Exponential growth is not a label reserved for some. With right attitude and work culture, you too can experience it.
The question is, “Are you ready for it?”