What the ways in which entrepreneurs can motivate their workers to higher levels of performance?

Answer 1

My suggestions are:

(a) have a profit-sharing scheme based on both individual and company performance;
(b) set-up an employee performance recognition scheme - like "employee of the month";
(c) have a "personal touch" - show you care for their well-being and appreciate their efforts;
(d) have a year-end company trip if you achieve your company's business target;
(e) hold an annual family day where spouses are invited to attend [ recognise the moral support which the employees' spouses have given to your staff];
(f) implement an employee share option scheme for good performers.

Answer 2

Profit Sharing.
There is quite honestly no better motivation than money.

Be sure to treat them right, celebrate the victories when your business wins (captures a big account, breaks a sales goal, etc).

If your employees are extremely important to the success of the business, consider employee ownership- let them work their way into a small part of the business. It worked for Avis.

Just a few ideas, always remember they are people with the same needs and desires as you and me.

Best of luck, and congratulations on starting your own business.

Answer 3

Read the book "How to win friends and influence people" Andrew carniege. Sorry if my spelling is off.

Answer 4

group activities. and fear is always good