When you achieve success, how do you protect it?
Entrepreneurs who consider participating in The Advisory Board Program have already had a great deal of success. They already deserve the very best of what life has to offer. But how do they protect that success? How do they create an environment to move everything forward?
It is important to continue to set goals and push toward the achievement of those goals. For each goal you set and then achieve, both the entrepreneur's and the business entity's confidence increases.
It is important to create a "high-performance culture" within your business. A high-performance culture is a culture where business owners are - or become - great leaders. The organization expresses its shared values. This allows employees to feel more connected to the business and they have an increased sense of commitment and loyalty and will work harder for the organization.
Recognizing the achievements of your staff in the positive execution of the mission of the business will make staff feel they are members of a unique community. This community is parallel to an exclusive club to which only the best are allowed to belong. Employees who are motivated will enhance performance results and will achieve a shared feeling of confidence with other employees.
When a staff member leaves the organization, hire the best replacement you can. We encourage members of The Advisory Board Program to use personality tests to confirm that potential employees "complement" the entrepreneur in the position for which you are hiring them.