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Like people, most businesses have certain ideas and views that they highly value. These core values are part of every decision and action you take in your business. If you value freedom from an office, you will grow your business in a way that is different than someone who values having teams working in an office with them. However, most founders and entrepreneurs never take the time to pull the values out of their mind and present them to their teams.
What are core values?
A while ago, I wrote about having a clear vision for your business. Creating your company values and explaining them to your team helps immensely in this process. By knowing exactly what the company values are, your team is more likely to make decisions and take actions in the ways that your business needs them to. For example, if one of your core values is “Have Fun” and it is regularly talked about, it is more likely that your team will evolve into embracing that value.
This also helps as you grow your team. You can use the company’s core values to find potential candidates that fit in with the company’s values to ensure that they are a good fit for your company and your company is a good fit for them. For example, if your company has a value of “Full Transparency” and you can tell that to your potential candidates for positions that you are hiring for, you may find people who feel that your company is not a good fit for their values. This helps identify culture conflicts before you even hire anyone.
Some examples of core values
So, what does some core values look like? One of Zappos’s core values is “Deliver WOW Through Service”. Some of your core values can be longer such as one of Whole Foods core values which is “Promoting the health of our stakeholders through healthy eating education”. Here are Aweber’s core values:
- Foster Respect and Cooperation.
- Listen to What People Say About Us. Invite Feedback.
- Learn. Educate. Innovate.