page title icon 3 Reasons Business Owners Should Encourage Personal Development In Their Company

Personal Development in Your Inbox

Enter your email to get our weekly newsletter where we share our latest content full of personal development strategies & advice. We'll also give you our top 20 personal development tips for free!

Personal development in the workplace has been on my mind a lot lately. Because personal development is so important to me, I naturally talk about it to the other people in my life. But, in the last year, I’ve become much more intentional about investing in my team at Ballantine. As a partner in a small business, I have the opportunity to encourage my team in their own personal development journey.

In the coming months, I plan to develop a good framework for small business owners to help them invest in their employees and team members. I think it’s our job as business owners to invest in the people that work for us.

Here are the top benefits I’ve found (and expect) from encouraging personal development in my company:

1. Develop Stronger Team Members 

As a small business, every person on your team plays a vital role in production and growth in the company. That’s why it’s important that they have a growth mindset and become proactive members of the team. This allows them to grow together as a stronger team and work through the problems they face. 

When the people that work for you are investing in themselves, they’ll be more willing to accept critical feedback from you and others. Also, they’ll be continually learning and trying new things. Ultimately, personal development will create stronger employees and an overall stronger company. 

Making personal development part of your company culture will make you a team that grows together vs. a team that is static. The people on your staff that are interested in this will show up and ask questions. Even if you only get a ¼ of the people on your team involved, this is a success.

2. Everyone Needs to Work on Personal Development

Anyone that spends time on personal development is likely to have a more fulfilling life. Whether it is personal or professional…as a good leader, it’s your job to invest in your team. Just as you’d give them the training they need to fulfill their role, they need personal development resources.

Running a small business usually means you develop relationships with everyone on your team. As their leader, you should care about them as people and desire a fulfilling life for them. Not that you can force them to take personal development seriously, but you can create an environment that makes it easy for them to invest in themselves. 

3. Create a Ripple Effect

When we are investing in personal development (for ourselves and our team), the potential ripple effect magnifies. Just as I have had others investing in my personal development…I’m in a place where I can invest in my team. Naturally, my team will share the things that are changing in their lives and start impacting others.

When you invest in your team, they will grow and influence the people around them. The ripple effect is truly exciting!

Thanks for reading. Like I said…I’ll be going into this topic more in future blogs and share the things I’ve had success with at Ballantine. It’s a real passion of mine and I can’t wait to share more with you in the coming months.

Key Takeaways: 

-Encourage your employees to invest in themselves

-Create an environment where they can make personal development a priority

-Lead by example

Leave a Comment

Item added to cart.
0 items - $0.00