How To Tell If You Have a Toxic Culture in Your Startup

How To Tell If You Have a Toxic Culture in Your Startup

Dan Martell 3,827 views 2019-02-25

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Title How To Tell If You Have a Toxic Culture in Your Startup
Duration 10:16
Source YouTube
Tags How To Tell If You Have a Toxic Culture, Startup Culture, Toxic Culture, Company Culture, Punching Out At 5PM, Asking For Raises, Asking For Perks, Employee Needs, Lack Of Empathy, Dissatisfaction, Anxiety, High Turnover, Missing Deadlines, Core Values, Employee Reviews, Team Management, Dan Martell

Are your team members frequently asking for perks and raises? In this video, I'm going to talk about the 7 signs that will allow you to uncover if you have a toxic culture in your business. DOWNLOAD: The Weekly Sync™ Format - Run Your Weekly Team Meetings Following This Structure Easy, Fast & Productive - https://bit.ly/2IkeVEx --- Let's connect on... + Instagram (behind the scenes): http://instagram.com/danmartell + Facebook (live trainings + Q&A): http://FB.com/DanMartell + Twitter (what I'm reading): http://twitter.com/danmartell --- I’ll never forget this one employee I had just hired at clarity.fm His first few hours went super smooth. But then at exactly 4:59pm… the guy BOLTED. Laptop packed. Door shut. Making a beeline straight to the front door. My jaw literally dropped. Here was this guy I had just hired… someone who was still getting onboarded to our team, our clients, and our company… And he was more concerned about beating the afternoon traffic than getting up to speed and aligned with our mission. I mean… what the hell, dude! I call this “Speed of Their Feet” syndrome. And if your company parking lot turns into a barren wasteland at 5:10pm… Chances are you have at least ONE of the signs of a toxic work culture that I share in this week’s episode. At a high level, the clear “signals’ that you have a toxic culture forming are: 1. Speed of their feet 2. Asking for raise/perks 3. Lack of empathy 4. Dissatisfaction and anxiety 5. High turnover 6. Failure to meet deadlines and goals 7. Lack of core values The second item is where I get a lot of pushback. There’s nothing inherently wrong with your team members asking for raises or demanding new perks. In fact, I’m a HUGE believer in rewarding A-players above industry standard. But if 20, 30, 50% of your team is banging at your door asking for more cash… not only will those rising costs eat you alive, but it’s probably indicative of a deeper problem in your reward structure. “Asking for raises” can sometimes be a last resort that employees turn to when they’re NOT feeling appreciated or like they’re making progress in their career path… and they decide that they might as well get the most out of their crappy situation. So always investigate more deeply. Especially if you notice a team-wide trend forming. The sooner you catch these toxic signals, the sooner you can course correct and make your company an attractive place for A-players to do their best work. Watch the full episode here, and then drop me a comment letting me know if any of these signals are present in your company, and what you’re actively doing to fix it. Dan “the culture detoxifier” Martell Don't forget to share this entrepreneurial advice with your friends, so they can learn too: https://youtu.be/P3rr0euTIJo ===================== ABOUT DAN MARTELL ===================== “You can only keep what you give away.” That’s the mantra that’s shaped Dan Martell from a struggling 20-something business owner in the Canadian Maritimes (which is waaay out east) to a successful startup founder who’s raised more than $3 million in venture funding and exited not one... not two... but three tech businesses: Clarity.fm, Spheric and Flowtown. You can only keep what you give away. That philosophy has led Dan to invest in 33+ early stage startups such as Udemy, Intercom, Unbounce and Foodspotting. It’s also helped him shape the future of Hootsuite as an advisor to the social media tour de force. An activator, a tech geek, an adrenaline junkie and, yes, a romantic (ask his wife Renee), Dan has recently turned his attention to teaching startups a fundamental, little-discussed lesson that directly impacts their growth: how to scale. You’ll find not only incredible insights in every moment of every talk Dan gives - but also highly actionable takeaways that will propel your business forward. Because Dan gives freely of all that he knows. After all, you can only keep what you give away. DOWNLOAD: The Weekly Sync™ Format - Run Your Weekly Team Meetings Following This Structure Easy, Fast & Productive - https://bit.ly/2IkeVEx

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