Posted by Shivali Anand
September 7, 2021 | 2-minute read (394 words)
Entrepreneurs must take time to celebrate their triumphs to help encourage team members before moving on to the next goal. This might be difficult for small business owners, but it is important to building camaraderie. If you're not sure how to go about it, consider what a few renowned entrepreneurs have said about celebrating firm accomplishments.
Richard Branson, founder of Virgin Group
Branson and his Virgin Galactic crew celebrated reaching a key milestone when their SpaceShipTwo vehicle reached the edge of space. In a blog post, Branson wrote, "Many of us cried tears of joy when we reached space, and the air really was filled with love as we celebrated the milestone flight. It certainly was for two of our wonderful teams."
He added, "I loved how Virgin Galactic CEO George Whiteside urged us all to hug it out after the flight. What a special moment in the desert sunshine, with our spaceship glistening in the background."
HuffPost's Arianna Huffington
Celebration is essential for both significant and minor milestones, according to the founder of HuffPost and Thrive Global. Huffington stated on LinkedIn, "Reaching milestones should be celebrated, of course, but we don't need to wait for a big promotion or project to be proud of the work we're doing."
To make sure that your team members know they are appreciated and that you are aware of all the group is achieving, celebrate both significant and little accomplishments.
Larry Ellison is an American businessman and author
After Oracle Team USA won the America's Cup trophy following a stunning comeback, team owner Larry Ellison congratulated his crew, "Hey guys, you just won America's Cup!" His decision to quickly congratulate his squad rather than take credit himself was a celebration that spotlighted them. "On your own, you're nothing," Ellison added. "But when you've got a team like this around you, they can make you look great. It's a fantastic team."
A Belarusian-American entrepreneur and VaynerMedia creator stated that he doesn't feel he's as good as he should be at celebrating little victories, and he is committed to working on it.
"Acknowledging that we are doing great work is important," Vaynerchuk added. "I want VaynerMedia to be a place where we celebrate our wins." The fact that he recognized the value of celebrating was a terrific first step in making it a top priority for him.