Teamwork in business is crucial for success. When individuals come together to work towards a common goal, magic happens. It’s because they bring with them a diverse range of skills, knowledge, and perspectives. Team members achieve better results together than they would on their own.
So why is that?
Firstly, being part of a team matters – even for those of us used to flying solo. Secondly, teamwork in business feels like being part of a community where you build connections that can facilitate business growth and success. Teamwork in business is beneficial for you, as an individual, and also for your business.
Teamwork in business or flying solo – which is better?
Most businesses and the self-employed are typically independent individuals. As such, they l take on many tasks such as HR, finance, and marketing. They’re practically a one-man(woman) show. On the other hand, in a larger business, these tasks are typically done by different departments – essentially doing teamwork in business.
Whether it is better to work solo or in a team is a matter of preference, but also a matter of business growth and scalability.
Self-sufficient entrepreneurialism can offer a sense of independence and control over one’s work. Solo workers can set their own pace and schedule. However, working alone can be isolating. Another drawback is that it may hinder growth. You only have so many working hours each month. Scaling your business as a solopreneur is next to impossible. As the workload increases, one person will simply not be able to cope. Burnout will inevitably occur, mistakes will be more frequent, and swoosh, consider your business toast.
On the contrary, teamwork in business means you can split the workload. Team members will collaborate and share ideas. Working in a team can also help to build strong relationships and promote support. The downside to teamwork in business can be disagreements and communication issues, which can lead to potential conflicts.
Even if you decide that flying solo is best for you as a business owner, it’s good to find a peer group and network with other like-minded business owners. Communication and collaboration are great ways to learn and grow, and finding your supporters and tribe to help you do that is invaluable.
What are the reasons for recommending teamwork in business?
Learning from others
Everyone has experiences to share, and learning from the successes and mistakes of others can help you in your own business development. Planning in isolation can lead to a blinkered view. You end up doing what you know which is what you’ve always done. A vibrant community can help stimulate new ideas and promote interesting perspectives on things. Rather than reinventing the wheel, you share assets and ideas, saving time and freeing up your head for growth-focused activities. And you can improve yourself, building and growing on what you know to progress. Here’s to teamwork in business! Even this reason alone is enough to consider doing it.
Accountability for business growth
Having other people as part of your support network also helps with accountability. Once you’ve told someone you’re going to do something, you’re committed! It’s powerful to have a cohort of people making you accountable. They will keep you on track, ask you questions, expect updates, and want to know how you’re doing. Accountability to others makes you more responsible, you are motivated to do the activities to keep you engaged in growing the business. When you know you have to check in, you find yourself keeping focused and aligned with your goals – no one wants to lose face in front of peers. It helps keep you focused on your goals, which keeps the business growing.
Having a weekly catch-up with the group means that you are regularly reminded of what you’re doing and what you have committed to. The right regularity is helpful, as it’s an opportunity to stop and reflect on your activity and monitor progress against objectives, making small adjustments if needed. Once a week is just enough to keep you on track, without overwhelming you with time commitment.
The Business Growth Hub
But what if you don’t have a team? Well, make one, or be part of one. Join our Business Growth Hub for some teamwork in business. Be part of a community of people who support each other to business success. Contact us to find out more.
Sign up for your FREE trial to Numbers Knowhow, the revolutionary cashflow software designed to empower you with the numbers you need to transform your business. With Numbers Knowhow, you’ll have access to powerful tools and features that will unlock a world of financial understanding and growth.