Get All Access for $5/mo

How to Give Thanks to Your Team, Customers and Vendors This Thanksgiving One day off for holiday shopping isn't enough. Here's how to show key members of your team and other stakeholders that you care.

By Matthew Toren

Opinions expressed by Entrepreneur contributors are their own.

Shutterstock

Every entrepreneur knows how lucky she is to find the best partners, employees and customers, but how often do we thank these fine folks wholeheartedly for putting their faith behind us?

Your employees, in particular, have dedicated a large percentage of their day to your vision. It's important to remind every aspect of your company's DNA that they are valued. Turkey or not, an entrepreneur's Thanksgiving should go beyond a single day of family, football and gluttony.

Here's how to show them you care:

Make them part of your story.

If nothing else, Thanksgiving is a perfect opportunity for reflection. Outline the story of your company so far, and highlight the arrival and impact of individual employees on your most important projects. Enlist a crafty teammate to beautify your outline. Include pictures, mockups and emphasize exactly how important each staff member has been to the growth of the company. Present your 'story so far' at a free lunch that honors the unique group dynamic that makes your company great.

Related: How to Motivate Employees in Less Than 5 Minutes

Reach out to your network.

You've likely worked with companies, consultants and mentors that have helped shape you and your company. Now is the perfect time to update them on how their influence helped you realize your dreams. Not only will this possibly renew some important relationships that may have been forgotten, it may also connect you with new business opportunities. Your success is a product of every connection you've established, so why not share some Thanksgiving spirit with the minds that inspired you most?

Give your team the gift of flexibility.

The holiday creep begins with Thanksgiving, and your employees will be thankful if you acknowledge their imminent gift hunt. Work and family obligations can sometimes clash, so why not lighten workloads during the week of Thanksgiving? Encourage your team to take the extra time to get their shopping done in advance. They'll thank you later. More importantly, they'll be able to focus themselves on what exactly is needed to ring in the New Year at maximum productivity.

Related: Walmart to Open at 6 p.m. Thanksgiving Day

Acknowledge your customer.

Keeping your company fresh in the minds of the people that keep the doors open is the most important way to maintain the momentum you've spent the past year building. Give thanks to your customers with a note or, potentially, a special offer that might encourage repeat business. First and foremost, though, remind the customer that you exist thanks to their support. Highlight any changes to your business and credit how the customers themselves influenced these changes.

Thanksgiving is a time for entrepreneurs to acknowledge how far they've come and the people who helped them get there. Acknowledging talent revitalizes it, and can even rekindle some relationships that might have fallen to the wayside.

How will you be celebrating your entrepreneurial Thanksgiving? Leave a comment below.

Matthew Toren

Serial Entrepreneur, Mentor and co-founder of YoungEntrepreneur.com

Matthew Toren is a serial entrepreneur, mentor, investor and co-founder of YoungEntrepreneur.com. He is co-author, with his brother Adam, of Kidpreneurs and Small Business, BIG Vision: Lessons on How to Dominate Your Market from Self-Made Entrepreneurs Who Did it Right (Wiley). He's based in Vancouver, B.C.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Leadership

7 Telltale Signs of a Weak Leader

Whether a bully or a people pleaser who can't tell hard truths, poor leadership takes many forms.

Living

70% of Small Business Owners Experience Monthly Burnout. Follow These 3 Rules to Avoid the Same Fate.

Here are three guidelines to help entrepreneurs achieve balance, growth and success in both their professional and personal endeavors.

Growing a Business

How to Build, Grow and Make Money With Ecommerce

To grow your online business, you need to develop a strategy and invest your time wisely. These actionable tips can attract customers and increase online revenue.

Franchise

Kick-Start Your Small Business With These Cost Effective Strategies

Starting a small business is an exciting adventure, brimming with both opportunities and challenges. A key to success is effectively managing costs from the outset.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.