Monday, February 1, 2016

3 things that happen when your company reaches 100 employees

Informal discussions with colleagues
Getty


From Jessica Stillman

Here's the funny thing about starting a business - do a lot of people to escape the slowness and inefficiency of big organizations. At the same time, if you are successful with the implementation, in the time that you yourself ... can find a very large organization to the top.

This transition to a small team of adequate management company perform, with dozens of employees can be difficult for many entrepreneurs. Christine Tsai, a founding partner of 500 Startups, feels your pain. The accelerator now has a staff of 100, it was reported recently in the media, and has a roller coaster comes.

"You made it mistake after mistake after mistake. They suffer from a severe case of impostor syndrome. Constantly questioning WTF do you," he wrote. So how can the inevitable bumps in the road that you minimize the steps a leader Tsai to follow 100? On average, it offers a dozen lessons. Here are the basics to start three.


1. rituals have become indispensable.


You probably went into entrepreneurship because you hate the bureaucracy. This makes sense, but do not let the hatred of the systems and processes too far. You never need to achieve unnecessary paperwork, but, 100 employees definitely need rituals, Tsai advice.

"Rituals are absolutely necessary to maintain an agile and adjusting his team to success. Moreover, it will really help enjoy their values on a daily basis and make them tangible," she wrote. "The rituals are on each and every one, whether the meetings of the communications team OKRs quarterly sales, commitment to customers, data, events, etc. Liaison Team"

Tsai still some examples of rituals that include 500 Startups week one-on-one, and provide the software for the dedication of the staff, before the final "professional athletes do not play by ear when it comes practice and conditioning. They very disciplined and rituals have to enable diets that they perform when it counts. This is also true for the economy. "


2. You need to let go of things.


A lot, according to Tsai. At least if you want to empower and motivate your team.

"This may mean removing yourself entirely discussions or even with your two hundred, if not explicitly requested. Be ruthless delegate and trust your team to make intelligent decisions. In fact, so at the expense of their own recognition. This is often do one of the hardest things for the founders Still., it is much more fun, Product Review for the year 2016 to build its estimate, right? budget, "he wrote.


3. The high school will turn against you.


The more people there are in a company is, the more it is possible to form cliques, says Tsai. That means you have to deal with their rivalries and conflicts - as in the ninth grade. Although this really is not what you originally interested management.

, "They can be used to correct errors in the code now spent your time to correct to solve errors in your team, your role will be much more about the people -. The hiring and firing, and its luster and its surroundings to success. Instead of seeing it as an object taken seriously, "Tsai calls.

This also provides professional advice for those hoping to keep the high school theater of its activities as much as possible. "Preventive medicine is more effective than reactive medicine if you have been waiting until something that manifests a real problem to solve, for too long they waited. Investing heavily in solutions (ritual!) To avoid problems before they occur. You will be make life easier, and the team is happier as a result. "

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