How do you create the owner mindset in your employees?
Give them more responsibility. Not too much. And not too quickly. But give them enough that they feel the weight of their job.
When you have an employee who is skilled and willing to do more, this is easy to do. In that situation, you give him as much as he can handle. But what happens when you have someone who you consider to be loafing on the job. How do you create the owner mindset then?
You show them the direct effect their activities have on the bottom line. In terms of dollars and cents. That’s the key.
You show them how much they are costing the firm. You show them how much they produce and its effect on revenue. You show them how much revenue the firm can make by hiring someone better than them. If that doesn’t motivate them, then maybe they shouldn’t be a part of your company.
But what if you don’t have all of that information on hand?
Then maybe you’re not really an owner. Go get your owner’s mindset first.
A New Source Code 