Business strategyEntrepreneurshipstartups

Recipe To Grow A Business

By February 21, 2015 February 3rd, 2019 No Comments

A simple formula, so difficult to follow:

  1. Don’t skimp on employee training.
  2. Get in tune with your gut.
  3. Trust your gut.
  4. Create a culture.
  5. Share your dreams with your employees.
  6. Share your fears with your employees.
  7. Eliminate grey areas in functions, expectations and deliverables.
  8. Have hard conversations.
  9. Be transparent.
  10. Care.
  11. Thank people.

People will make or break your business, especially employees. But how you hire or train is something you control. Your identity is intertwined with your venture, but have you stopped to consider what your employees are feeling…Understand the business you are creating is often more than an employee’s paycheck — it is that employee’s livelihood, and perhaps even their identity too.

*Takeaways from Myra Ghattas’ (Owner, Slate Street Cafe) #HauteHopes presentation “Killing It As The HR Director: How To Grow A Rockstar Staff Without Losing Your Shirt Or Your Mind”

J. Kelly Hoey

J. Kelly Hoey

Kelly Hoey is the author of Build Your Dream Network (January 2017 / Tarcher Perigee). She has been lauded from Forbes (“1 of 5 Women Changing the World of VC/Entrepreneurship”) to Fast Company (“1 of the 25 Smartest Women On Twitter”) to Business Insider (“1 of the 100 Most Influential Tech Women On Twitter”) and Inc. (1 of “10 Most Well-Connected People in New York City's Startup Scene”). Empowering A Billion Women By 2020 included her on their list of the “100 Most Influential Global Leaders Empowering Women Worldwide”. Not bad for a former corporate lawyer. She’s a limited partner in two emerging tech funds (Laconia Capital Group and Lattice Ventures) and can frequently be found on Twitter @jkhoey.