Kim Scott is well known for helping build teams at companies like Google, Apple, Dropbox, and Twitter. So, it came as a surprise when the pioneer of radical candor learned that she’d been incorrectly measuring her team’s performance — for years. What was her big mistake? Evaluating her team based on ‘potential’ and failing to acknowledge people’s different growth paths. The two most distinct trajectories are superstar mode and rockstar mode: Superstars are the people who leap in rank and performance. They’re the force and source of growth on your team. Rockstars are talented and content in their roles for years. They provide excellence, education, and stability. Scott emphasizes that people in both modes need to be matched with the right opportunities and should have equally steep and respected growth trajectories at your company. She devised a framework (below) to help identify which mode people are in, moving towards or away from — and urges managers to have discussions with their teams to map out each member’s placement on the chart every year.
To achieve your goal, you have to make a mental commitment that will be completely devoted to your business. In fact, you should ask yourself that how big of a business you are planning to have. The bigger the business, the more years you’ll need to track onto year one. One of the best pieces of advice that you can ever get in the whole process of building a business is related to the word bond. With this, it means that if you are making any commitment then no matter what happens you have to deliver the same on time. Poor decisions related to business can put your status as an entrepreneur at risk. More info can be seen on Entrepreneur tips.
To substantiate the business plan you will need to do a market research, but this is just the beginning: to increase your chances of success in business you need to become an expert in the industry, products or services you deliver, if you are not already. An initial solution would be to sign up for professional associations. An entrepreneur is not and does not have to be a man – orchestra: you do not have to be an expert in everything and you do not have to propose yourself, so you learn to work with professionals in those areas you do not master: accounting, legal, marketing, business consulting etc. A useful guide to choosing a consultant can be found here: How to hire a consultant. You risk losing a lot of time and money if you try to learn to do all the things a specialist should do, so don’t hesitate to call in experts whenever you have a specialist problem.
Be unapologetic and relentless with what makes you thrive. Many times, we are influenced from the outside world, and cloud our own desires for the sake of those around us. The sooner you are able to grasp this nugget, the sooner it will drastically change your world. – Neeta Bhushan, Global GRIT institute Source: https://theentrepreneurresearch.com/.
