Most business owners think that money is the most important thing to their team, but that comes in at number 5.
Have you ever asked your team what is most important to them when it comes to working for you, or have you just assumed you know?
Have you heard of the golden rule?
“Do unto others as you would have done unto you”.
Personally, I like the platinum rule.
“Do unto others as they would have done unto them”
In study after study, the results consistently come back with a vast difference between what the business owner thinks the team member wants and what they actually want.
Here is a quick summary of the difference, ranking by most important as 1 through to least important as a 7, by what business owners think and what employees want.
Area Employee rank What owner thinks
Appreciation for work 1 7
Feeling ‘in’ on things 2 9
Help on personal problems 3 8
Job Security 4 2
Good Wages 5 1
Interesting work 6 4
Promotion/growth/opportunity 7 3
Personal loyalty to workers 8 5
Tactful Disciplining 9 6
One of the most important things a business owner has to do is to work with their team to help get the best from them, not just for the business but for the team member too, so they enjoy and get some fulfillment from their work.
It's called a win-win.
Looking for some help with this?
Hit reply and type win win and I will get back to you.