Business
How to Get Your Employees to Take Ownership

Opinions expressed by Entrepreneur contributors are their own.
There’s a big difference between an employee completing tasks and one taking full ownership of their work. One is engaged, and the other is invested. An engaged employee meets expectations, follows instructions and completes the job. An invested employee looks beyond the task, asks why it matters and seeks ways to improve results.
When I founded ButterflyMX in 2014, I quickly realized that the challenge isn’t getting employees to do their jobs; it’s getting them to care about the outcomes as much as you do. You can assign responsibilities, set deadlines and track performance, but actual ownership can’t be forced. It has to be cultivated.
Teams with invested employees perform better, collaborate more effectively and drive real business growth. When employees take ownership, they stop working just for a paycheck and start working purposefully. Ownership isn’t just something a few high-achievers are born with; it’s something any manager can intentionally build into their team culture. Let’s break down how to make that shift happen.
Related: 4 Ways You Can Create a Culture of Ownership
Why employees don’t take ownership (and how to change that)
If you want employees to take ownership, you must understand why they’re not doing it already. Most of the time, it’s not a lack of motivation; something in the workplace culture prevents it.
1. Lack of clarity = lack of ownership
No one can take ownership of something that hasn’t been clearly defined. If employees don’t fully understand their roles, responsibilities or how success is measured, they’ll hesitate to take initiative. Instead of stepping up, they’ll wait for direction.
Fix it:
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Define roles, responsibilities and goals with precision.
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Ensure every employee knows what’s expected of them and how their contributions fit the bigger picture.
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Set clear KPIs that measure success beyond just “doing the work.”
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Establish ownership at the start of a project. Who is responsible for what, and how will progress be tracked?
2. No room for decision-making
If employees feel their input doesn’t matter, they won’t exceed the minimum requirements. Ownership is about having a say in how the work gets done.
Fix it:
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Give employees the autonomy to make meaningful decisions.
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Instead of dictating every step, allow team members to have a voice in processes that affect them.
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Ask their opinions: “How do you think we should approach this?”
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Give them the freedom to test their solutions.
3. Fear of failure kills initiative
If employees fear that mistakes will be punished, they’ll play it safe. No one takes ownership of something when they feel a misstep could damage their reputation or career. Fear crushes initiative.
Fix it:
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Normalize failure as part of the growth process.
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Shift the mindset from “failure is bad” to “failure is data.”
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When something doesn’t go as planned, ask: “What can we learn from this?”
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Encourage problem-solving over blame. Help employees troubleshoot and improve instead of shutting them down.
Related: This Weekly 20-Minute Exercise Will Fuel Purpose and Ownership in Your Workplace
Strategies to foster ownership in your team
If you want employees to take ownership, you must allow them to do so. Ownership doesn’t happen by accident; it’s built through a culture that encourages initiative, rewards accountability and gives people the autonomy to take charge.
1. Involve employees in goal-setting
People are more committed to goals they help create. If goals are dictated from the top down, employees may comply, but they won’t feel personally invested.
Shift from setting goals for your team to setting them with your team:
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Instead of handing down quarterly KPIs, hold a strategy session where employees define their key objectives.
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Ask: “What do you think is a realistic but ambitious goal?” and “What do you need to succeed?”
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Guide the conversation, but let employees define their success metrics.
2. Give employees a say in how work gets done
Micromanagement is the fastest way to kill ownership. If employees feel like they have no control over their work, they’ll stop taking initiative and wait for instructions.
Shift from managing tasks to managing outcomes:
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Instead of prescribing every detail of how a project should be executed, clearly define the desired result and let employees figure out the best way to achieve it.
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Ask: “What approach do you think would work best?” and empower them to test their ideas.
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Be available for support, but don’t step in unless they need guidance.
3. Hold people accountable
Ownership thrives in environments where accountability is clear but supportive. If accountability only happens when something goes wrong, employees will avoid responsibility rather than embrace it.
Implement weekly check-ins focused on progress and solutions:
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Replace “Why isn’t this done yet?” with “What roadblocks are slowing you down?”
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Make check-ins collaborative. Focus on problem-solving and strategy adjustments rather than just status updates.
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Encourage employees to reflect on their progress: “What’s working well? What would you change next time?”
4. Recognize and reward ownership
People repeat what gets recognized. If you only reward hitting targets, employees will focus on numbers. If you also reward initiative and accountability, employees will take more ownership.
Publicly highlight employees who show ownership, not just those who hit goals:
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Call out employees in team meetings who proactively solved a problem or took initiative on a project.
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Send a quick Slack or email shout-out to acknowledge when someone demonstrates ownership.
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Reward behaviors, not just results: “I appreciate how you took the lead on this; it made a big impact.”
Related: 4 Leadership Methods for Empowering Employees and Building Strong Teams
Getting employees to take ownership isn’t about demanding more; it’s about giving them the confidence, clarity and autonomy to commit fully. When employees feel empowered to make decisions, take the initiative and see their impact, they stop working to check boxes and start working purposefully. They don’t wait for direction; they step up, problem-solve and drive results.

A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.
Business
6 Steps for Giving Employee Feedback That’s Actually Helpful

Opinions expressed by Entrepreneur contributors are their own.
Most leaders believe they’re giving helpful feedback. But too often, what they think is constructive comes across as demoralizing, ineffective or outright damaging. The difference? The best leaders don’t just give feedback — they coach, communicate with care, and create an environment where employees feel seen, heard and valued.
Gallup and Workhuman research shows that employees who receive valuable feedback are five times more engaged and 57% less likely to experience burnout. Yet too many leaders fall into the trap of delivering feedback in a way that crushes morale instead of driving improvement.
The solution? Feedback needs to be an ongoing, trust-based conversation, not a one-time critique. It must be framed as coaching, not criticism, and delivered in a way that accounts for more than just words. Your tone, body language, facial expressions and energy play just as big a role as the message itself.
Here’s how to be more effective at giving feedback — step by step.
Related: Employee Feedback Is Only Effective If It’s Done Right. Here’s How to Make Sure It Lands.
Table of Contents
Step 1: Shift your mindset — feedback is a gift, not a gotcha
Leaders often hesitate to give honest feedback for fear of being seen as negative. But avoiding feedback doesn’t create a culture of psychological safety; it creates a culture of guessing and stagnation. The best employees want to grow, and they need clear, constructive input to do so.
Key shift: Move from a criticism mindset to a coaching mindset. Think of your team as business athletes. Just as elite performers rely on coaches to refine their skills, employees need guidance, encouragement and practical ways to improve.
Ask yourself:
When you see feedback as an investment in someone’s success, it changes the way you show up.
Step 2: Presence and delivery matter more than you think
The most overlooked part of feedback? How you show up.
Your body language, vocal range, gaze and facial expressions all send a message before you say a word. To curate a warm and inviting atmosphere conducive to accepting constructive feedback, adopt an open posture, connect visually, show concern and care with facial expressions that are authentic and congruent to what you’re saying, and use a conversational tone and cadence. Otherwise, they may feel tension, judgment or discomfort instead.
You silently communicate to the world all day through your body language and presence. Be intentional about how you are perceived. Convey, instead of betray, your message.
Key shift: Feedback isn’t just about what you say but how you make people feel. You need to be fully present, engaged and emotionally attuned.
What to do:
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Make eye contact: Remove distractions and see the person in front of you; stay “on gaze!” Not in an intimidating way, but with warmth and attentiveness.
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Adopt an open posture: To signal partnership as opposed to power, face your employee with open arms and gestures that invite conversation, seated at the same level.
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Mind your facial expressions: Are you showing genuine curiosity and care or unintentionally conveying frustration?
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Be intentional with your vocal delivery: Vary your pitch and pace. Speak as you would in conversation. Too fast or too slow, too high-pitched or too low-pitched, and your message may be misunderstood.
Effective leaders don’t only plan what they’ll say; they are also intentional about their presence or how they “show up.”
Ask yourself:
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Is my nonverbal communication reinforcing my message, or undermining it?
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Am I making this a safe, productive space for the other person to engage?
Step 3: Start with strengths, not weaknesses
Too often, feedback begins with what’s wrong rather than what’s working. But neuroscience shows that people are more open to feedback when they feel seen, valued and capable.
Starting with acknowledgment sets a positive tone and reinforces that feedback is coming from a place of support. “I always like to start conversations by sharing how my team members’ strengths have had a positive effect on our business outcomes,” says Kristi Snyder, Chief People Officer at Enthuse Marketing Group. Framing the conversation around strengths helps both parties enter the discussion with a constructive, growth-oriented mindset.
Key shift: Flip the traditional feedback approach. Start with acknowledgment before diving into areas for improvement.
What to say:
By opening with a question, you create a loop of engagement rather than a top-down critique. Employees get to explain their thinking first, which makes them far more receptive to guidance.
Step 4: Ask more, tell less
Great leaders use feedback as an opportunity to understand before they correct. Instead of leading with here’s what you did wrong, try leading with curiosity.
Key shift: Replace statements with open-ended questions to uncover insights and encourage self-reflection.
What to ask:
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“What was your thought process behind this approach?”
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“What challenges did you run into?”
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“How do you think we could refine this?”
By letting employees talk first, you gather context, acknowledge their thinking and collaborate on solutions rather than dictate them. Approaching situations like this makes sure employees feel heard and increases buy-in.
A reminder: Acknowledgment is NOT agreement. Giving employees space to explain their reasoning allows leaders to correct misunderstandings while still respecting their perspective.
Step 5: Deliver feedback with directness and care
Feedback shouldn’t be sugarcoated, but it also shouldn’t feel like an attack. The secret? Balance directness with care.
Key shift: Avoid vague platitudes (“You did great”) and harsh bluntness (“This was bad”). Instead, use clear, actionable and supportive language.
What to say:
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Instead of “Your presentation was weak,” try: “I see the effort you put in. Let’s strengthen the data to make it even more compelling.”
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Instead of “You handled that customer situation poorly,” try: “I appreciate how you followed the process. Let’s explore ways to make it more adaptable.”
Related: How to Give Constructive Feedback That Actually Empowers Others
Step 6: Follow up and reinforce progress
The biggest mistake leaders make? Giving feedback once and never revisiting it. Without reinforcement, even the best feedback fades into the background.
Key shift: Feedback shouldn’t be a one-time event — it should be an ongoing dialogue.
What to do:
-
Circle back in a week to see what’s changed.
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Recognize progress (even small wins) to reinforce learning.
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Keep feedback alive in regular conversations, not just performance reviews.
Great leaders don’t go it alone
The most remarkable leaders and elite performers lean on coaches to hone their skills. Many of the most effective leaders actively work with executive coaches to refine their ability to deliver impactful feedback. They recognize that feedback is an art — one that can be mastered with guidance, practice and expert insight.
Feedback is meant to bring people closer and move the organization forward, but it must be delivered expertly. Mastering feedback isn’t just about what you say — it’s about how you say it and how it makes people feel. Whether you’re a seasoned executive or an emerging leader, investing in expert coaching can elevate your ability to guide, inspire and develop your team.
Feedback is your leadership superpower. Use it wisely.

A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.
Business
Kevin O’Leary Is Ready for a TikTok Deal: ‘Clock Is Ticking’

Kevin O’Leary is ready for a TikTok to deal to get done.
On Instagram, the long-time “Shark Tank” investor posted a recent television interview (conducted in his signature pajama pants) and told his followers that the TikTok “clock is ticking.”
“We’re on our second 75-day extension,” O’Leary told Fox Business. “I speculate that there will not be a third.”
Related: President Donald Trump Extends TikTok Ban Deadline Again — Here’s What to Know
The deadline for a TikTok deal was April 5, but it was extended for 75 days a second time earlier this month. President Trump wrote on Truth Social the same day that his administration is “working very hard” on a deal to “save” the app.
In the interview, O’Leary added that he doubts any S&P 500 company would want to pay the penalty of $5,000 a user if a ban goes through, and added that any speculation of a possible lease deal was “shut down three weeks ago.” Meanwhile, the 75 days will be up in mid-June.
“Anyone who wants to buy this thing now faces rewriting the algorithm,” O’Leary said, adding that it is all up to President Xi Jinping of China and that he “hasn’t decided if he’s going to sell it or not.”
O’Leary has teamed up with billionaire former Dodgers owner Frank McCourt in “The People’s Bid” for TikTok. Reddit co-founder Alexis Ohanian has also joined the team.
AI startup Perplexity also submitted a bid to merge its business with TikTok’s U.S. division for more than $50 billion.
Amazon and Applovin also recently (separately) submitted bids.
Despite the red tape, O’Leary noted that he is “100% still interested” in buying the social media platform.
“Frank McCourt and I have been working on this for so long, we aren’t giving up,” O’Leary said.

A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.
Business
10 Surprising Expenses That Blindside Business Owners
Opinions expressed by Entrepreneur contributors are their own.
Most individuals and entrepreneurs start a business with the excitement of financial freedom and being their own boss to build something meaningful. Everyone knows the obvious business costs, such as rent, payroll and marketing.
However, there are hidden business costs that can erode profit margins, strain cash flow and catch even the most experienced founders off guard.
Related: 4 Expenses You Can Avoid When You First Start Your Company
Table of Contents
1. Employee turnover and hiring costs
According to studies, replacing an employee can cost 50% to 200% of their annual salary. This factor is underestimated by many people who face further cost, workflow and productivity loss. Recruitment fees, training, lost productivity and cultural impact all add up.
The reasons why employee turnover is expensive:
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This includes the fees to post a job on LinkedIn and Indeed
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The commission of a recruitment agency (mostly 20-30% of a new hire’s salary)
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Time spent on interviewing and onboarding
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It reduces efficiency as new employees ramp up
To reduce these costs, businesses must invest in retention strategies. You must offer competitive salaries, create a strong company culture and make employees feel valued.
2. Office space and utility costs
Securing office space is a crucial decision for any business, but it’s essential to assess your needs before committing to a lease or purchase. Consider how much space you require now and how it may change as your business grows.
If you’re a startup with an uncertain future, opting for flexible office solutions like Regus, ShareDesk or LiquidSpace can be a cost-effective alternative to long-term leases. These shared workspaces provide scalability without the financial burden of a permanent office.
Beyond rent, there are additional expenses to factor in, including office furniture, equipment, utility bills, receptionist services and meeting spaces.
3. Equipment maintenance and upgrading
As an entrepreneur, you likely know the essential equipment required to provide a service or for item production. But mostly, smaller equipment is ignored. Basic office equipment includes computers, papers, desks, chairs, scanners and copiers.
From office furniture to computers, wear and tear is inevitable. Most companies neglect to replace or upgrade their office equipment, which is a bad idea. Typical maintenance costs include:
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Upgrading outdated computers and software
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Vehicle maintenance for delivery or service-based businesses
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Repairing office equipment like printers, HVAC systems or kitchen appliances
Regular maintenance can extend the life of business assets and prevent costly breakdowns.
4. Software and subscription creep
Most businesses need software to automate communication, project management, accounting and marketing tasks. A few essential subscriptions can quickly spiral into hundreds or thousands of dollars in recurring costs.
Hidden costs include:
To save these unessential hidden costs, conduct regular audits of your software stack to eliminate redundant or unutilized subscriptions.
Related: 8 Unconventional Ways to Cut Costs in Your Business
5. Payment processing fees
Whether you realize it or not, you are paying transaction fees if your business accepts credit card payments. Payment processors like Stripe, PayPal, and Square typically charge 2.9% + 30¢ per transaction, which can eat into profits, especially for high-volume businesses.
Other payment-related costs include:
To minimize fees, consider negotiating rates with processors. You can offer customers ACH, wire payments or pass fees when possible.
6. Regulatory compliance and legal fees
You need to stay compliant to do business in your community. Laws and regulations vary by industry. Mostly, businesses pay for:
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Business licenses and permits
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GDPR or CCPA compliance tools (to handle customer data)
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Employee labor law compliance (HR policies, mandatory training)
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Annual tax filing and bookkeeping
If you ignore compliance, this can result in hefty fines or lawsuits. It can be a cost that should never be overlooked. You must consult with legal experts and keep up with regulatory changes to prevent costly mistakes. Another way is to opt for strategies to reduce your legal liability.
7. Cybersecurity and data protection
You can’t hope that your systems are safe. Cyber threats can be expensive. A single cyber attack can cost a small business hundreds of thousands of dollars in recovery, legal fees and lost customer trust.
Hidden costs of cybersecurity come in the form of:
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Installing a firewall and antivirus software, and doing security audits
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Costs for employee training on phishing and scams
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Ransomware recovery and lost business due to downtime
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Legal liabilities if customer data is compromised
Small businesses are easy targets for cyber threats, so it’s non-negotiable to invest in cybersecurity.
8. Shrinkage and inventory loss
Retail and ecommerce businesses lose revenue due to theft, damaged goods and errors. Known as “shrinkage,” this hidden cost is overlooked but can account for up to 2% of total sales.
What causes shrinkage?
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Shoplifting or employee theft
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Damaged or expired inventory
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Administrative errors in tracking and fulfillment
You can use a strong inventory management system software and opt for loss prevention strategies to mitigate these costs.
9. Marketing and customer acquisition costs (CAC)
To attract new customers, many businesses rely on paid ads, SEO, social media and influencer partnerships. However, the return on investment isn’t always immediate.
Hidden costs in marketing:
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Rising costs of PPC (pay-per-click) ads due to competition
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If the campaign is poorly targeted, it can waste the budget
To lower CAC, focus on organic growth strategies like content marketing, email marketing and referrals.
Related: 9 Business Expenses You Can Reduce or Eliminate to Save Thousands
10. Time
Time is the most undervalued resource. Entrepreneurs spend countless hours on admin tasks, customer support and problem-solving instead of revenue-generating activities.
You can reclaim time by:
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Automating repetitive tasks with software
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Delegating or outsourcing an employee for non-core activities
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Setting boundaries for yourself to prevent burnout
Your time is an investment; spend it wisely to maximize efficiency and profitability.
I recommend setting aside 20% of your revenue for unexpected expenses to prevent financial leaks before they become serious problems. Budget for the real costs, not just the obvious ones.

A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.
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