Being part of a start-up organization can be a most invigorating experience. Even for those with no equity stake, the energy and excitement is contagious and makes it easy to work hard for the good of the whole.
In the face of growth and strong performance, some may begin to wonder if the good times will soon end as founders, owners, and investors look to pocket the value that has been created through a sale of the organization to larger firm. Leaders sometimes struggle to keep up employee morale in such circumstances.
It can help for leaders to remind everyone in such circumstances that the best thing, in all scenarios, is to build the best possible business because doing so leads to:
- Making the most positive impact in the market served,
- Creating the most value for owners, and
- Creating the most opportunity for employees to assume new responsibilities, earn increased compensation, learn new skills, and be in position to take on attractive roles upon an acquisition. Continue reading