How to train your team members to care as much about the business as you do
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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0 of 8 steps completedStep-by-Step Instructions
1 Step 1: Share the complete business context and financials
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.
ChartMogul
SaaS analytics platform for tracking revenue metrics, MRR, churn, and LTV - perfect for sharing financial performance with your team
Baremetrics
Real-time subscription metrics and financial analytics dashboard that makes complex SaaS metrics easy to understand
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
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.
Carta
Equity management platform for creating, managing, and tracking stock options and equity grants
Pulley
Modern cap table management and equity planning software designed for startups and growing companies
Profit Sharing Guide by NCEO
Comprehensive guide to designing and implementing profit-sharing programs
3 Step 3: Involve team in strategic decisions and planning
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.
Miro
Visual collaboration platform perfect for strategic planning sessions and brainstorming with distributed teams
Mural
Digital workspace for visual collaboration, ideal for strategy workshops and planning sessions
4 Step 4: Teach business acumen through formal education
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.
LinkedIn Learning Business Fundamentals
Comprehensive courses on financial literacy, business strategy, and management essentials
Coursera Business Foundations Specialization
Series of courses covering accounting, finance, marketing, and operations from University of Pennsylvania
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
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.
Asana
Project management platform for assigning ownership, tracking outcomes, and measuring results
Monday.com
Work operating system for outcome-based project tracking and accountability
6 Step 6: Create visibility into customer impact and feedback
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.
Zendesk
Customer service platform that enables support rotations and customer feedback tracking
Intercom
Customer messaging platform for direct customer communication and feedback collection
Delighted
NPS and customer feedback tool for gathering and sharing customer sentiment with your team
7 Step 7: Recognize and reward ownership behaviors publicly
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.
Bonusly
Peer-to-peer recognition platform that makes it easy to celebrate ownership behaviors
Kudos
Employee recognition software with analytics to track and reward ownership-level contributions
8 Step 8: Model ownership thinking in your own behavior
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.
Radical Candor by Kim Scott
Essential book on modeling direct, caring leadership that creates ownership culture
The Five Dysfunctions of a Team
Framework for building trust and accountability through leadership modeling