Provide a Clear Vision
When leadership can provide insight and direction to their vision goals, it can help the employee not only find purpose but can expand their creative thinking to help build the company.
Hire Top Talent
When you are looking for people to take you to the next level, you can’t skimp on talent. Will it cost you more, yes. But you’ll be hiring people with skills and experience that can get your company to new heights and think more strategically about the steps to come. Read about company cultures attracting talent
Be Realistic
Founders typically want everything now and yesterday, especially when they have taken on money. However, to reach the next step, they need to be realistic with their team members and current capabilities on how they get there.
Appreciate Your Team
Too often, founders get in the weeds of building their company and forget to take time and appreciate those who are grinding it out everyday. To maintain your talent, acknowledging their effort can go a long way.
Be Transparent
Like children, employees will see right through your b.s. and it’s important to provide transparency in the good and bad times. This is especially important for the Millennials.
Create a Bond
Research has shown that the next generation of employee is going to join a company or startup because of their mission and culture. Once they are there, creating a good relationship with them will be key to retention.
In the End…
I think this quote sums it up best for any founders, because if you are, you’ll be losing employees at lightening speed.