You can't be an absentee entrepreneur and expect the team to stay motivated.

You can't be an absentee entrepreneur and expect the team to stay motivated.

Some entrepreneurs have a bad habit of taking personal credit for all improvements and innovations at their startups. If you penalize or ignore employee initiatives, you can be certain that they won't be repeated, and motivation for more conventional performance will suffer.

Being an entrepreneur, everyone needs to hear a personal anecdote from you once in a while or see you go out of your way to make someone's day. Maybe it's time for a party at your house to unwind, or an afternoon off with the team to attend the ball game.

No matter how confident you are in your own abilities, you can't build and run a business alone. You need your army pulling you ahead, rather than holding you back.

Entrepreneurs are perennially short on cash, so they tend to hire less expensive and less experienced team members. Yet most founders are overworked, so they have no time and budget for coaching and training. Team members not confident in their roles lose motivation quickly.

Team members need to feel trusted and valued, and micromanaging communicates the opposite. Founders who are prone to manage every detail of their businesses will ultimately kill themselves as well as lose the support of team members. Learn to delegate key tasks and give credit.