If you have a LinkedIn account, you’ve probably seen a version of the encounter below show up in your feed:
It’s a fairly simple premise: if you invest time and resources in your employees, it will pay dividends. Failure to do so leads to unmotivated individuals who may not be in a position to further advance their skills. And in turn, the company itself, being only as strong as its employees, can’t grow.
But what does being an inspired company mean? And how does a positive company culture lead to growth and innovation? And can it make work fun, or at the very least, rewarding?
We’ve had the opportunity to work closely with HubSpot, an inbound marketing software company. We’ve learned quite a bit with regards to digital marketing, content marketing and business development in the time we’ve spent working with their team and learning the ins-and-outs of the platform. It’s definitely been rewarding.
In a recent article, HubSpot co-founder and CEO Brian Halligan discussed his approach to hiring and building a particular kind of culture.
“As the years passed, Halligan and co-founder Dharmesh Shah put more thought into fostering a positive company culture that Halligan said would attract the kinds of employees they wanted, while repelling those they didn’t.”
The article also talks about their annual Inbound conference and how, despite their claim that they lose money on the event, it’s still worth the cost. That’s because it can convince people to use the HubSpot platform. It can also be a Launchpad to attract top job candidates and maintain a position as the leader in inbound marketing.
Another line that stood out:
“Now, the nearly 900 employees of HubSpot, which are largely in the millennial generation, feel a sense of ownership in the company because of its commitment to transparency and trust.”
That’s a big selling point as the job candidate pool continues to crave more of a connection to their careers than just a simple 9-to-5 grind. It’s a massive shift from simply running to the place offering the biggest paycheck.
And it has translated into business success as well. The Inbound conference had just fewer than 3000 attendees in its first year, but three years later, they’re expecting more than 13,000 marketers to attend. And with more than $115 million in revenue for 2014, they seem to be doing okay financially. Happy customers, happy employees. Seems like a win-win.
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