How to train your team members to care as much about the business as you do

8 steps 40 min Intermediate

Build a culture of ownership where every team member thinks and acts like a business owner, creating sustainable engagement and accountability.

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Step-by-Step Instructions

1

Step 1: Share the complete business context and financials

Practice radical transparency by sharing revenue, costs, profit margins, and business challenges. When team members understand the full picture—including how their work directly impacts the bottom line—they begin to think like owners. Share monthly P&L statements, explain what different metrics mean, and show how individual contributions affect overall results.

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ChartMogul
ChartMogul

SaaS analytics platform for tracking revenue metrics, MRR, churn, and LTV - perfect for sharing financial performance with your team

Baremetrics
Baremetrics

Real-time subscription metrics and financial analytics dashboard that makes complex SaaS metrics easy to understand

The Great Game of Business Book
The Great Game of Business Book

The definitive guide to open-book management and teaching employees to think like owners

2

Step 2: Create equity or profit-sharing programs

Give team members skin in the game through stock options, equity grants, or profit-sharing arrangements. When employees directly benefit from the company's success, their motivation shifts from task completion to business outcomes. Structure programs that vest over time to encourage long-term thinking and retention.

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Carta
Carta

Equity management platform for creating, managing, and tracking stock options and equity grants

Pulley
Pulley

Modern cap table management and equity planning software designed for startups and growing companies

Profit Sharing Guide by NCEO
Profit Sharing Guide by NCEO

Comprehensive guide to designing and implementing profit-sharing programs

3

Step 3: Involve team in strategic decisions and planning

Include employees in quarterly planning sessions, strategic initiatives, and major business decisions. Solicit input on product direction, process improvements, and growth strategies. This involvement creates investment in outcomes and develops strategic thinking skills across the organization.

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Miro
Miro

Visual collaboration platform perfect for strategic planning sessions and brainstorming with distributed teams

Mural
Mural

Digital workspace for visual collaboration, ideal for strategy workshops and planning sessions

4

Step 4: Teach business acumen through formal education

Implement business literacy programs that teach fundamental concepts: how to read financial statements, understand unit economics, calculate ROI, and think about trade-offs. Partner with online learning platforms or bring in external trainers to develop this critical skillset.

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LinkedIn Learning Business Fundamentals
LinkedIn Learning Business Fundamentals

Comprehensive courses on financial literacy, business strategy, and management essentials

Coursera Business Foundations Specialization
Coursera Business Foundations Specialization

Series of courses covering accounting, finance, marketing, and operations from University of Pennsylvania

Financial Intelligence for Entrepreneurs
Financial Intelligence for Entrepreneurs

Book that teaches essential financial concepts and metrics every business owner should understand

5

Step 5: Delegate ownership of specific outcomes, not just tasks

Assign team members full ownership of specific business metrics or initiatives. Instead of "complete these tasks," frame responsibilities as "you own customer satisfaction scores" or "you're responsible for reducing shipping errors by 20%." This shift creates accountability for results rather than activities.

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Asana
Asana

Project management platform for assigning ownership, tracking outcomes, and measuring results

Monday.com
Monday.com

Work operating system for outcome-based project tracking and accountability

6

Step 6: Create visibility into customer impact and feedback

Establish direct connections between employees and customers through support rotations, customer calls, site visits, or feedback reviews. When team members see how their work affects real people, they naturally care more about quality and outcomes. Share customer testimonials, complaints, and success stories regularly.

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Zendesk
Zendesk

Customer service platform that enables support rotations and customer feedback tracking

Intercom
Intercom

Customer messaging platform for direct customer communication and feedback collection

Delighted
Delighted

NPS and customer feedback tool for gathering and sharing customer sentiment with your team

7

Step 7: Recognize and reward ownership behaviors publicly

Celebrate examples of employees making ownership-level decisions: taking initiative beyond their role, identifying cost savings, or making customer-first trade-offs. Create formal recognition programs that highlight these behaviors in company meetings, newsletters, and performance reviews.

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Bonusly
Bonusly

Peer-to-peer recognition platform that makes it easy to celebrate ownership behaviors

Kudos
Kudos

Employee recognition software with analytics to track and reward ownership-level contributions

8

Step 8: Model ownership thinking in your own behavior

Consistently demonstrate the thinking and behavior you want to see: discuss business trade-offs openly, admit mistakes and share lessons learned, make sacrifices for long-term company health, and prioritize company success over personal convenience. Your actions set the cultural standard.

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Radical Candor by Kim Scott
Radical Candor by Kim Scott

Essential book on modeling direct, caring leadership that creates ownership culture

The Five Dysfunctions of a Team
The Five Dysfunctions of a Team

Framework for building trust and accountability through leadership modeling