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Want to Motivate Your Employees? Foster a Sense of Community With These 5 Tips

With what can be years of work ahead of you, it can be difficult to feel passionate about the job you’re doing, especially if you’ve been at it for a while. A lack of motivation among employees is a dangerous issue that every leader must tackle head on, otherwise it could lead to burnout, poor performance, dragging sales, and resignation letters.

Wouldn’t it be great if you could create an environment where your employees feel welcomed, inspired and useful at work, so that they actually look forward to Monday morning?

As the person in charge, you have the power to transform your company culture and make your business feel more like home to your employees. To develop a sense of community, use these tips so that your team feels valued, appreciated and rejuvenated in 2020.

1. Make time to get to know employees on a personal level.

While an employee’s personal life and values should never impact the way they are perceived at work, there are many benefits to getting to know your team members outside of what they do. By taking the time to understand your staff’s backgrounds, you never know what insight you might gain. Maybe they’re fluent in multiple languages, or have technical skills in what you’re currently lacking. You won’t know until you ask.

Paying attention to what your team members have learned through their unique experiences can help you find more ways to improve their quality of life and address their needs at work. Plus, you might just end up learning something that helps you better serve your customer base too.

2. Motivate your team by engaging them through new tasks that speak to their unique skills.

When filling a role in your company, you probably were mostly focused on the applicant’s skills that applied directly to their job description. However, chances are that they have more skills (and passions) than just the ones they’re using for their specific job.

If you make the effort to find additional tasks that speak to their other talents, your employee will feel like you’re really paying attention to who they are as a full person, not just how they contribute to your bottom line.

To combat boredom, you should also offer continuing education and professional development so that employees can improve on skills that they have a passion for. This way, even if they transition to a new type of work, they will be much more likely to want to do so in conjunction with your company, because you have supported them throughout and offered opportunities for them to grow alongside you.

3. Emphasize good mental health by providing regular opportunities for employees to express their needs.

Employees are people too, and that means that they might be struggling to find balance in their lives. Maybe a single parent is having trouble getting their kids to school while working a nine-to-five job? Another employee could be dealing with an illness that makes it difficult for them to participate in office events. The point is, you just won’t know what’s going on with your team members unless you provide an environment where they feel comfortable speaking openly with you.

There are many things that you can do to facilitate a workplace that is conducive to honest and frank discussions that bridge the gap between leader and team. Whether it means sitting down with employees individually to talk about their career path and how you can help them get where they want to go, or bringing in a certified counselor, providing your team with regular check-ins will vastly improve their overall morale.

4. Foster connections between employees with team bonding experiences.

When you make an effort to support a closer camaraderie between employees, work becomes more enjoyable and thus more productive. Office sports teams, special outings, and birthday parties are just some of the ways you can facilitate bonding in your company.

As well as creating friendships between team members, by participating in these activities yourself, you can help remove the perceived barriers between you as the boss and the people who work for your company.

5. Recognize employee accomplishments.

There’s nothing like the feeling of being congratulated for a job well done to encourage a renewed interest in producing results at work. Take the time to genuinely appreciate your employees for the work they do, so that they never feel that their hard work is going unnoticed.

Whether it’s a simple mention in your weekly team meeting or a personalized compliment in their holiday card, just letting them know that you see what they’re doing and value it can be a huge confidence boost for even the most seasoned employee. The added benefit when you acknowledge triumphs in public is that your others will see that hard work will result in recognition, resulting in renewed efforts throughout your team.

By Mandy GilbertFounder and chief executive, Creative Niche

Source: Want to Motivate Your Employees? Foster a Sense of Community With These 5 Tips

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Motivating your team can be more art than science, but here are my simple techniques that will increase your chances of finding the right fuel. Leaders must understand that in today’s new workplace, there does not exist a single recipe to encourage employees to perform better. Rather, it’s about how to maximize the ingredients to create hundreds of recipes that are customized and authentic; that provide long-term continuity and impact. To get you started, this video will teach you how to inspire teams to optimally perform. _____________ Learn more: Subscribe to my channel for free stuff, tips and more! FREE Report: http://www.briantracy.com/findclarity YouTube: http://budurl.com/zwvf Transcript here: http://www.briantracy.com/youtube Facebook: http://www.facebook.com/BrianTracyPage Twitter: http://www.twitter.com/BrianTracy Google+: +BrianTracyOfficialPage Pinterest: http://www.pinterest.com/BrianTracy Instagram: @TheBrianTracy Blog: http://www.briantracy.com/blog _____________

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Why Companies Should Let Employees Work Remotely And Travel More

Caroline Pinal is the Cofounder of Giveback Homes.

“While working remotely and employee volunteer programs are both on the rise, there are still many companies and leaders that haven’t realized the value of letting your employees commute less and travel more, especially for social good,” says Caroline Pinal, the cofounder of Giveback Homes. The social good real estate company has built hundreds of homes for people in need across the U.S., in Puerto Rico, Nicaragua and Mexico.

Through Giveback Homes, Pinal works with real estate agents and brokerages across the country to provide them with impactful volunteer opportunities and projects to donate to and support. The company also offers its community with marketing and communication tools to help share their philanthropic endeavors with their clients, friends and family. “My favorite part of the gig is leading a group of realtors to Nicaragua to help build homes for families in need,” Pinal says. “We do it once or twice a year and it’s always so cool to see people experience that for the first time.”

Like many people, Pinal always had it in her heart to travel abroad and do good in the world, but she didn’t have the resources, funds, or time off to make it happen. It was just something she dreamed of doing “someday” when she was older and more established. And then she found a job at TOMS. The company, which pioneered the “buy one, give one” business model with its shoes, sent Pinal on a giving trip to El Salvador where she helped distribute shoes to children in need. “I look back on that experience and think how incredible that my job not just encouraged, but provided that opportunity to travel and give back to me and every employee? And why is that so still rare?”

During that time, Pinal also met her now best friend, Blake Andrews, who worked at TOMS with her. A few years later, the two had the idea of applying the TOMS model to the real estate world, and together they founded Giveback Homes. Part of their business model involves giving employees the opportunity to work remotely and travel, which she feels is her life purpose. “We take realtors from all over the country on social impact experiences. We’re building homes, getting people out of their comfort zones, and connecting them with people from other countries in a way that will impact them forever and inspire them to do more,” Pinal explains.

“It’s obviously standard for companies to give vacation days or paid time off, but most people (understandably) use that time for vacation,” Pinal says. “What if in addition to vacation, companies offered paid opportunities to travel and volunteer abroad? Salesforce, Timberland, Patagonia, and IBM are among the companies that currently offer paid volunteer abroad opportunities to their employees. What if every Fortune 500 company – and even smaller companies like TOMS – did the same? Imagine the impact that would have on the countries and people they’d be helping around the world and in the lives of the employees.”

Pinal offers these reasons why more companies should offer their employees paid opportunities to volunteer and more flexibility in their everyday work:

Follow me on Twitter or LinkedIn. Check out my website.

MeiMei Fox is a New York Times bestselling author, coauthor and ghostwriter of over a dozen non-fiction books and hundreds of articles for publications including Huffington Post, Self, Stanford magazine, and MindBodyGreen. She specializes in health, psychology, self-help and finding your life purpose. Fox graduated Phi Beta Kappa with honors and distinction from Stanford University with an MA and BA in psychology. She has worked as a life coach since 2009, assisting clients in developing careers that have meaning and impact. At present, she lives in Paris, France with her twin boys and the love of her life, husband Kiran Ramchandran. Follow @MeiMeiFox

Source: Why Companies Should Let Employees Work Remotely And Travel More

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DoorDash Is Now Worth $12.6 Billion After New $600 Million Investment

The investor feeding frenzy around food-delivery startups hasn’t stopped. Just three months after raising $400 million, DoorDash confirmed it has closed another $600 million with New York City hedge fund Darsana Capital Partners leading the round. That’s an extra billion in its war chest so far this year, and half of the total of $2 billion raised for the San Francisco startup since its founding in 2013. The new funding round increases DoorDash’s post-money valuation from $7 billion to $12.6 billion, according to cofounder and CEO Tony Xu.

“This allows us to pull forward the future sooner,” Xu tells Forbes. “It’s helpful to raise capital, especially when the macroclimate seems to be a bit choppy.”

That external turbulence has shaken some of DoorDash’s competitors in what’s already a cutthroat market. Tensions around U.S. and China trade talks have put the markets in a precarious state, affecting stock in publicly traded Grubhub (2018 revenue: $1 billion). Postmates, which announced that it had confidentially filed to go public in February, still has not made its filings public or started an IPO roadshow. Uber’s public debut in early May was disappointing. Shares are trading below its initial pricing. But Xu isn’t shaken, even after seeing Uber or other consumer tech IPOs falter in the public markets. “The short answer is that it hasn’t had an impact on how we thought about our business or how we’ve thought about our future,” Xu says.

Investors clearly haven’t been spooked, either. Last week, Amazon announced it was leading a $575 million in London-based Deliveroo, bringing its total funding to $1.5 billion.

“Capital accrues to the winners in markets that people think are growing,” says Sequoia’s Alfred Lin, a board member whose firm has invested in every round since the Series A. “You don’t just get money because lots of money is in the system.”

Three years ago, it didn’t look like DoorDash would become the delivery darling. In 2016, DoorDash raised a down funding round, after investors lowered the share price. and a slew of other delivery startups failed in the months following. That’s changed, and now DoorDash’s market share has surpassed Postmates and Uber Eats in the U.S. (Uber Eats operates internationally and did $1.48 billion in revenue in 2018 globally.)

“There’s no doubt that this a competitive environment,” Lin says. “They’ve shown that they can come from behind and win.”

DoorDash now has an extra $600 million in firepower to continue gaining market share in the U.S. and Canada, the only two markets in which it operates. Xu won’t disclose revenues (and his company still isn’t profitable), but he says the company’s gross bookings run rate in March was on pace for $7.5 billion, which indicates gross bookings in March were around $625 million. The Information previously reported the company planned to raise capital. In addition to Darsana, new investor Sands Capital and existing investors Coatue Management, Dragoneer, DST Global, Sequoia Capital, Softbank Vision Fund and Temasek Capital Management also participated.

Xu says the money won’t be going into fueling a price war with its rivals. He’d rather focus on market expansion and what he calls DoorDash’s next billion-dollar business, DoorDash Drive, which delivers for businesses like Walmart.

“Our growth has not come on the back of any discounts,” he said. “I think that’s why investors have continued to approach us in an excessive fashion since the beginning of 2018.”

Click here for details on how to send Biz information anonymously. Follow her on Twitter at @bizcarson or email her at bcarson[at]forbes.com.

I’m a San Francisco-based staff writer for Forbes with a focus on Uber, the sharing economy, and startups.

Source: DoorDash Is Now Worth $12.6 Billion After New $600 Million Investment

Nasdaq Is Now Working With 7 Cryptocurrency Exchanges

Cryptocurrency exchanges that want to use Nasdaq’s proprietary surveillance technology need to have more than money. A team of about 20 people contribute to an elaborate due-diligence process aimed at ensuring that any exchange that wants to use the technology, which scans for fraudulent transaction patterns, is technically capable and morally inclined to use the powerful software wisely………

Source: Nasdaq Is Now Working With 7 Cryptocurrency Exchanges

Billionaire ‘Bond King’ Weighs Stocks and Bitcoin, World Bank Forecasts ‘Darkening Skies’ and Federal Reserve Prepares to Press Pause | The Daily Hodl

‘Bond King’ Jeffrey Gundlach, founder of DoubleLine Capital LP, an investment firm with $200 billion under management, gave his 2019 outlook on stocks and Bitcoin during his annual “Just Markets” webcast on Wednesday. Gundlach, who called the stock market sell-off in December 2018, says Bitcoin could bounce 25%. “I don’t recommend anything with Bitcoin, but if you really want to speculate, I think it could make it to $5,000. Talk about an easy 25%.”…….

Source: Billionaire ‘Bond King’ Weighs Stocks and Bitcoin, World Bank Forecasts ‘Darkening Skies’ and Federal Reserve Prepares to Press Pause | The Daily Hodl

Why Investing In Your Employees Is The Future of Work – Drew Holler

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As we look toward the future of work, it’s becoming more important than ever for companies to understand the needs of their teams, and to build solutions and products to help serve them—whether that’s through training, healthcare, or other investments. At Walmart, we’ve been very deliberate about investing in our associates, particularly over the past three years as we’ve thought about new ways to improve their lives and careers. Education is the latest iteration of that commitment. Between historically low unemployment rates in the US and innovative technologies reshaping jobs, all businesses have a lot of work to do—both in terms of recruiting and upskilling  ……..

Read more: https://qz.com/1410509/why-investing-in-your-employees-is-the-future-of-work/?utm_source=pocket&utm_medium=firefox_placement

 

 

 

 

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