Thursday, October 13, 2011

8 Qualities Small Business Owners Need to be a Good Leader

"It is said, Great leaders are made, not born, so somebody can create effective leadership skills in the event that they choose to create themselves in this way."

This is true. And leadership is as important for tiny companies as it is for corporate The united states.

In fact, leadership is often thrust on tiny business owners. When you generate your venture from scratch, select the right team members, create your strategies and business designs and lead your team towards your business goals step by step . and you need to be a leader, not a follower.

one. Have a vision for your company and communicate it effectively to your team

Here are 8 qualities you need to be a nice leader for your tiny but efficient team of professionals in order to propel your business towards success.

It is not to have a large vision. Involve your team in the development of this vision so that they feel connected to it. This will encourage them to work hard toward the fulfillment of that dream/vision.
Show your team the gigantic picture, the future prospects and where you need to see the company years from now and permit them to help give it shape. Let your team members understand their role in making the vision come true. Communicate to them they are the pillars of the company and are not cogs in the wheel.

Leaders are looked up to for inspiration. Be a hands-on leader, who offers help, pitching in where needed, guiding, mentoring & issue solving.

2. Lead by example

Your objective is to inspire your team, not to DE-motivate your team.

Step in where you are needed but avoid stepping on toes. Don't be over-bearing, over critical or take over others work.

Generate a personal bond together with your employees. This is important for small business owners as they must motivate a small team to perform multiple tasks effectively.
Getting to know employees on a personal level helps increase productivity, lowers attrition at the workplace & encourages them to put in additional work.

three. Know your employees

Lovely leaders delegate intelligently. Distribute work according to the capability of each worker so that you can enable the best results. Knowing each worker on a personal level also helps you to better understand his/her work capabilities.
Don't accept under performance. It's your responsibility that all team members are performing at lovely levels. & when it comes to taking possession & responsibility for the bigger picture, that's your responsibility, .

four. Take possession

Leadership does not mean doing all the speaking. You need to be an equally nice listener. You need to listen to others with patience & understanding to keep them motivated, know their issues, ask questions & keep updated on what your team is thinking.

5. Be a nice listener

6. Be brave & assured

Being indecisive can spell doom for any business. Be a leader who has the bravery of conviction, can make bold decisions (based on carefully thought about options) & has the confidence to lead from the front.

Even if your decisions occasionally do not bring about the desired results, take the responsibility & acknowledge your mistakes. Learn from your mistakes so that you can avoid them in the future.

7. Have a positive attitude

Don't let everyday challenges & issues make you lose your own positive attitude. If the captain of the ship despairs, his team surely will.
Face every challenge as a speed breaker on the road, back your team 100% through thick & narrow & be the voice of reason, not anger or stress.

A positive attitude, a smiling, confident approach & a warm, assuring persona is essential to be a leader who inspires his/her team.

You can join a CEO association or CEO club where you get to meet fellow business owners who have faced & overcome similar kinds of leadership challenges. There is nothing better than a reliable CEO club or association for getting hands-on tips from individuals who have been there & done that

8. Pick up leadership skills from other leaders
Leadership skills can always be honed & sharpened. The best way to do that is to confer with other business owners or undergo an executive coaching session. Executive coaching sessions on a one-to-one basis are great ways of identifying your own strengths & weaknesses.

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