Sitemaps
What's My Startup Worth in an Acquisition?
When Our Ambition is Our Enemy
Are Startups in a "Silent Recession"?
The 5 Types of Startup Funding
What Is Startup Funding?
Do Founders Deserve Their Profit?
Michelle Glauser on Diversity and Inclusion
The Utter STUPIDITY of "Risking it All"
Committees Are Where Progress Goes to Die
More Money (Really Means) More Problems
Why Most Founders Don't Get Rich
Investors will be Obsolete
Why is a Founder so Hard to Replace?
We Can't Grow by Saying "No"
Do People Really Want Me to Succeed?
Is the Problem the Player or the Coach?
Will Investors Bail Me Out?
The Value of Actually Getting Paid
Why do Founders Suck at Asking for Help?
Wait a Minute before Giving Away Equity
You Only Think You Work Hard
SMALL is the New Big — Embracing Efficiency in the Age of AI
The 9 Best Growth Agencies for Startups
This is BOOTSTRAPPED — 3 Strategies to Build Your Startup Without Funding
Never Share Your Net Worth
A Steady Hand in the Middle of the Storm
Risk it All vs Steady Paycheck
How About a Startup that Just Makes Money?
How to Recruit a Rockstar Advisor
Why Having Zero Experience is a Huge Asset
My Competitor Got Funded — Am I Screwed?
The Hidden Treasure of Failed Startups
If It Makes Money, It Makes Sense
Why do VCs Keep Giving Failed Founders Money?
$10K Per Month isn't Just Revenue — It's Life Support
The Ridiculous Spectrum of Investor Feedback
Startup CEOs Aren't Really CEOs
Series A, B, C, D, and E Funding: How It Works
Best Pitch Decks Ever: The Most Successful Fundraising Pitches You Need to Know
When to Raise Funds
Why Aren't Investors Responding to Me?
Should I Regret Not Raising Capital?
Unemployment Cases — Why I LOOOOOVE To Win Them So Much.
How Much to Pay Yourself
Heat-Seeking Missile: WePay’s Journey to Product-Market Fit — Interview with Rich Aberman, Co-Founder of Wepay
The R&D technique for startups: Rip off & Duplicate
Why Some Startups Win.
Chapter #1: First Steps To Validate Your Business Idea
Product Users, Not Ideas, Will Determine Your Startup’s Fate
Drop Your Free Tier
Your Advisors Are Probably Wrong
Growth Isn't Always Good
How to Shut Down Gracefully
How Does My Startup Get Acquired?
Can Entrepreneurship Be Taught?
How to Pick the Wrong Co-Founder
Staying Small While Going Big
Investors are NOT on Our Side of the Table
Who am I Really Competing Against?
Why Can't Founders Replace Themselves?
Actually, We Have Plenty of Time
Quitting vs Letting Go
How Startups Actually Get Bought
What if I'm Building the Wrong Product?
Are Founders Driven by Fear or Greed?
Why I'm Either Working or Feeling Guilty
Startup Financial Assumptions
Why Every Kid Should be a Startup Founder
We Only Have to be Right Once
If a Startup Sinks, Founders Go Down With it
Founder Success: We Need a Strict Definition of Personal Success
Is Quiet Quitting a Problem at Startup Companies?
Founder Exits are Hard Work and Good Fortune, Not "Good Luck"
Finalizing Startup Projections
All Founders are Beloved In Good Times
Our Startup Culture of Entitlement
The Bullshit Case for Raising Capital
How do We Manage Our Founder Flaws?
What If my plan for retirement is "never retire"?
Startup Failure is just One Chapter in Founder Life
6 Similarities between Startup Founders and Pro Athletes
All Founders Make Bad Decisions — and That's OK
Startup Board Negotiations: How do I tell the board I need a new deal?
Founder Sacrifice — At What Point Have I Gone Too Far?
Youth Entrepreneurship: Can Middle Schoolers be Founders?
Living the Founder Legend Isn't so Fun
Why Do VC Funded Startups Love "Fake Growth?"
How Should I Share My Wealth with Family?
How Many Deaths Can a Startup Survive?
This is Probably Your Last Success
Why Do We Still Have Full-Time Employees?
The Case Against Full Transparency
Should I Feel Guilty for Failing?
Always Take Money off the Table
Founder Impostor Syndrome Never Goes Away
When is Founder Ego Too Much?
The Invention of the 20-Something-Year-Old Founder
Once a Founder, Always a Founder
Big Starts Breed False Victories
The Toll of Everyone Around a Founder

How To Manage Expectations with a Growing Team

Stefan Swanepoel

How To Manage Expectations with a Growing Team

One thing I’ve noticed on the rise in my chosen field of real estate is the use of teams. Born in the mid-1990s to compete with individual agents, there are now between 35,000 and 60,000 active units working in 2016 according to research done for our 2017 Swanepoel Trends Report.

Still, real estate team-building isn’t without its potential barriers, including an absence in standard industry norms. But these aren’t exclusive to real estate teams; any time a group succeeds, managing those wins and the growth that comes with them presents added complexities.

Team dynamics, structure, and drivers remain fairly consistent no matter the team size. For leaders making the leap from smaller teams to larger factions, it’s important to properly manage expectations, as well as to realize that an adjustment will need to be made.

Bigger Doesn’t Always Mean Better

Amazon CEO Jeff Bezos adheres to a simple edict when it comes to managing expectations and team growth: the “two-pizza team rule.” In short, Bezos keeps teams under the Amazon umbrella to around eight people because that amount of pizza, in theory, could feed that number of people twice.

Bezos’ concept breaks management down to the bare necessities, meaning every teammate gets enough support from leadership to allow him to do his job competently. As groups expand, resources get more and more spread out, lessening the chances for success.

Small businesses can afford to put one person in charge of many employees because resources are so sparse that leadership can afford to have its hands in as many buckets as possible. With team growth, however, must come some release of that control.

Startups must let go of the management reins as they accelerate toward their desired destination by building specially designed teams with smaller-than-normal numbers. The result yields less frazzled managers and staff members who are focused on carrying out the tasks at hand.

Grow With Your Team

Helping teams increase their productivity starts with communication. Understand all team members, how they differ, what makes them tick, and what they need to succeed can help you manage expectations appropriately for growing teams. Here are four ways to do so:

How To Manage Expectations with a Growing Team

1. Begin building.

There can be discussions, personal expressions, disagreements, and even arguments. But teammates must come together and become comfortable with one another.

At my company, I like to make sure everyone I work with feels confident with his or her assignment and members know what’s expected of them and how they will be assessed. I like to do this by helping them brainstorm, set goals, and divide up the tasks. Getting your team accustomed to those routines as soon as possible helps, especially as your team grows.

2. Do a tool check.

Is your team supportive, trusting, and respectful? Is its execution top-notch and supported by good communication and a positive attitude? These traits can’t be taken for granted and should be in high supply.

Be explicit with your team members about what’s expected of them, and deliver your expectations in a manner or on a platform that reaches them best. As you grow, employ regular check-ins with team members to make sure they remain on task and keep the duties and goals they have as top priorities.

3. Hear your team.

There’s obviously more to effective leadership than simply being “in charge,” and it is not uncommon for leaders to stop listening to the team. Leave your door open to employees who want to provide feedback.

Choose informal settings like team lunches or happy hours as a forum for these open discussions. Make sure you understand everything, seek feedback, and funnel it back to team members.

4. Seek a human touch.

Eighty-seven percent of respondents to a Verizon survey found in-person meetings to be more productive than digital counterparts. Personal contact provides the opportunity for a clear discussion in which ideas don’t get lost in technical translation.

Face-to-face meetings are also a great way to refocus larger teams and narrow a set of goals and targets. That said, use electronic meetings to gain status updates and move things along expeditiously when time is of the essence and face-to-face isn’t possible.

You have to break the mold the “old” team has fallen into without breaking the team itself. Reengage team members by letting them feel safe; then, reunite them with new smaller goals that are more readily visible and attainable on a shorter-term horizon.

Ignoring factors that shape teams or following a one-size-fits-all approach causes them to not function to their maximum capabilities. Adjust your management tactics as your team grows. It’s a good way to make sure nothing gets left behind as things start picking up.

No comments yet.

Upgrade to join the discussion.

Already a member? Login

Upgrade to Unlock