No person will make a great business who wants to do it all himself or get all the credit. – Andrew Carnegie
Andrew Carnegie
Was the saying “There is no ‘I’ in team” around during the time of Andrew Carnegie? His quote is similar to the cliché, though I like his more.
Yes, you need a team for small business success, that much is plainly obvious. It’s the credit portion that sometimes falls by the wayside, both in a financial and pat-on-the-back sense.
In many cases, it is the employees who make the entrepreneur’s story an entrepreneurial success story. Workers need incentives to perform, and while a “Good Job” or “Keep it up” goes far, it’s important to make sure they are compensated in bonuses and reasons to work hard, be it an annual raise or a Holiday bonus, a stock ownership plan or through sales commissions.
The bottom-line goal in a business is to become profitable and create a platform that can grow over time. It takes teamwork to realize the larger objective, a so-called “1 + 1 = 3” synergy – in other words, achieving results that are greater than is even possible.
Great business leaders, I think, are motivated by the success of other people instead of their own triumphs. There’s a level of gratification, too, about having your employees feel successful inside the company you have built.
And that’s why:
No person will make a great business who wants to do it all himself or get all the credit. – Andrew Carnegie
