Episode description
In today’s Startup Therapy Podcast, Wil and Ryan discuss the importance of accountability in a company. A founder should be able to know how to instill accountability in their employees. The two main components to get accountability are ownership and consequences - having these things can make a huge difference in a company’s overall success.
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Resources:
- Startup Therapy Podcast
- https://www.startups.com/begin
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- Check in with us on LinkedIn | Wil Schroter | Ryan Rutan
What to Listen For
- 00:00 Intro
- 00:09 Nobody else wants to be accountable
- 02:01 Founders always have the higher stakes
- 04:36 The challenge founders face is to get everyone accountable
- 06:53 Consequences affect accountability
- 09:31 Not being accountable does not mean safety
- 11:25 What happens to a company with no accountability
- 14:45 Two components to get accountability
- 18:18 Owning the outcome
- 19:46 Effects of reward and recognition
- 23:28 Visibility in a company
- 26:15 Changing up plans where everyone can adjust
- 28:55 When founders don’t understand the importance of their accountability
- 31:05 Excuses are the most powerful solvent that dissolves accountability