Today, we’re talking about what really motivates people at work. Although it’s natural to assume compensation is the driver of motivation, the science tells us otherwise.
Here are the 3 things that actually motivate people:
1. Ownership
Do people have control over their work, do they feel empowered to pursue their ideas along with a little freedom to make mistakes and take smart risks?
2. Mastery
Are people improving? Are the challenges they face novel and do they improve their skill set?
3. Recognition
Does the company acknowledge their contributions? Although this absolutely includes compensation, it also extends to other areas like internal praise and promotions.
Best of luck out there.
Sterling Road invests in idea stage and pre-seed B2B startups based in the US, Canada and UK.
