Hard times for new Startups

Most start ups will face an oh-shit moment, where the whole thing threatens to come down like pants around their ankles. When funding dries up, investors change their mind, development mishaps or the competition beats you to the market. A good start up is a start up with happy, dedicated people. Keeping your people happy is key. The hard thing is keeping an eye on things when they start to go bad.
You see people will talk. Head hunters will call. People will get down on the company and attitudes will destroy your ability to lead in hard times. Keeping your people in tune with changes and what's going on is vital to a new start up company.
So here are three things you must do.
1. Get the buy in from your team. Collaborate with them put what they say to work and get results.
2. Track failures as well as successes. Give thanks to the ones who gave their input.
3. Know when you have to make a change. Not everyone is going to be on your side when times get tuff. That's poison my friends. Get rid of um..

Now keep the fun going. Have your meetings off site. I say hold your next meeting in the parking lot of your competition. Now that's knocking on the back door. If you want things to be different you have got to start doing things different. Let key people work from home 2 days a week. Bring in a motivative speaker is always a hit and it lights a fire deepinside them. Avoid layoffs. Cut hours first if you must. Most of all keep them happy and they inturn will keep you in the game.