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2018-10-24 22:39:46Staff and EmployeesEnglishInnovative, hard-working, motivated; these are words that probably come to mind when you think of entrepreneurs. But the truth is that...https://quickbooks.intuit.com/au/resources/au_qrc/uploads/2018/10/iStock-1001615086.jpghttps://quickbooks.intuit.com/au/resources/staff-and-employees/5-ways-to-encourage-your-staff-to-think-like-entrepreneurs/How To Encourage Your Staff To Think Like Entrepreneurs | QuickBooks Australia

5 ways to encourage your staff to think like entrepreneurs

2 min read

Innovative, hard-working, motivated; these are words that probably come to mind when you think of entrepreneurs. But the truth is that entrepreneurial thinking benefits business owners as much as it does their staff. Learn how these five tips will wake the entrepreneurial spirit within your whole team.

1. Encourage new ideas

In small and big businesses alike, many employees are hesitant to voice their ideas for fear of negative backlash. But this is key to any entrepreneurial attitude. Holding regular brainstorming sessions is a great way to encourage your staff to communicate their ideas openly and confidently, establishing the framework for them to continue doing so in the future. Few people know your business better than your staff, so they’re bound to be full of great new ideas.

2. Create an environment that fosters creative thinking

It’s no secret that the work environment can influence an employee’s attitude immensely. An overworked and unhappy team of employees are unlikely to be in the right frame of mind to come up with innovative ideas and processes. This is why it’s so important to foster a creative and positive workplace that people enjoy spending time at. You can do this by encouraging team bonding, ensuring all employees are confident in their training, and even making your office feel more appealing with lots of natural light, plants, and comfortable furniture. A good environment is the foundation of success, so it’s important to get it right.

3. Facilitate networking opportunities

If there’s one secret weapon that successful entrepreneurs have up their sleeves, it’s amazing networking skills. Getting out there and meeting people from your industry isn’t only a great way to make lasting professional relationships, it’s also a fantastic breeding ground for fresh ideas. Encouraging your employees to attend networking events will allow them to learn from their industry peers, develop their skills, and get inspired.

4. Emphasise autonomous thinking

Entrepreneurial thinkers have confidence in their own abilities – and your employees should too! When you encourage your staff to take initiative, they will not only grow professionally, but will also develop more confidence in their own abilities. More often than not, when placed in a challenging situation that calls for autonomous thinking, employees will exceed both their own and your expectations.

5. Inspire staff to challenge the norm

No successful entrepreneur got to where they are by following the status quo. An entrepreneurial spirit is one that always wonders what can be done better and has the courage to put that idea forward. When you encourage your team to challenge your day-to-day processes, more efficient and effective ways of doing business are likely to result. Innovation breeds success, but it can’t happen unless you let your employees think outside the box.

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Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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