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The Challenge of Growing Your Business - Leadership Skills and Attitudes

January 22, 2019

 

Entrepreneurs are the driving force behind creating and growing new businesses. All too often, they are also the people holding them back.

 

The abilities that can help you launch a business are not the same as those you need to help it grow. It's vital not to fool yourself into valuing your own abilities too highly. The chances are that you'll need training to learn the skills and attitudes required by someone who is leading growth.

 

Delegate

To grow your business, you need to learn to delegate properly, trusting your management team and giving up day-to-day control of every detail. It's all too easy to stifle creativity and motivation with excessive interference. As the business becomes more complex, you also need to develop your time management skills and learn to focus on what's really important.

 

Outsiders

As your business grows, you may need to bring in outsiders to help. You'll want to delegate responsibility for particular areas to different specialists, or appoint a non-executive director or two to strengthen your board. As you start tackling a new opportunity, someone who has experience of that activity can be vital.

 

Advice

For many successful entrepreneurs, learning to listen to - and take - advice is one of the hardest challenges they face. But it may also be essential if you are going to make the most of your opportunities. Some entrepreneurs, recognising their own limitations, even appoint someone else to act as managing director or chairman.

 

Tips

So, here are some tips on how to develop your leadership skills:

 

1. Be An Inspiration

Being a good leader depends on how you get things done. An effective leader should be able to motivate others and drive them to do their best in the worst situations. Great leaders move us and inspire us to do our best work. The best way to become a great leader is train yourself to become better and better every day; not only help others learn and grow, but also make sure you learn and grow as the organization grows.

 

2. Keep Learning

Some say that some people are born leaders. I somewhat agree, some people indeed have inbuilt qualities and a great talent to lead others. But, for me, experience also makes good leaders. We learn and grow every day. We follow and we lead. It all comes around in a circle. If today I am learning from my leader, tomorrow I can be myself a leader and make others learn.  A great way to develop your leadership skills is to take on more responsibility: with responsibilities comes more experience. If you have a great leader to look up to, you too can become a great leader whom others will look up to.

 

3. Communicate, Communicate, Communicate

Communication is one of the most powerful tools. You can solve most problems and overcome most obstacles if you are a good communicator. Even someone who excels in many aspects of leadership will probably hit a ceiling if he or she is not a good communicator. A good communicator is not just a great speaker but a great listener too, so that nothing said can get misunderstood or misinterpreted. It’s important to keep a tab on everyone involved in your team and make them feel equal. It's important to schedule weekly meetings to maintain a good line of communication to avoid problems which might occur later due to miscommunication.

 

4. Always See The Bigger Picture

Remember that if you're a good leader, you must have the ability to overcome unpredictable challenges. You must have a contingency plan ready ahead of any situation or circumstances. A trait of a good leader is the ability to see the bigger picture and foresee problems before they occur. The ability to foresee and provide suggestions for avoiding potential problems is invaluable for a leader.

 

5. Let Your Actions Speak For You

We all remember good leaders. We all in our lives have come across a leader who has always motivated us in some way or another. As they say, you will probably remember a good leader but a great leader is truly unforgettable. Our actions define who we are.

 

A great leader is someone who leads their team and motivates them to perform at their best, but he is also someone who challenges them and persuades them to move out of their comfort zone and at the same time make them work as a team. A great leader is someone who helps his/her team members grow personally and professionally, strategically nurtures future leaders, and at the same time realizes the importance of providing emotional support at the right time.

 

A great leader is not someone who brings out the best from the best, but someone who has the ability to bring out the best from the worst.

 

For help with the Challenges of Growing Your Business, contact me at mike@therevenuegroup.net.

 

Feel free to also visit our website to learn more about the services we offer to help you Position Your Potential: https://www.therevenuegroup.net/.

 

p.s.

I also invite you to download the white paper and learn the 5 step process on How to Quickly Increase Your Valuation: a Proven 5 Step Process

 

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