6 Ways Entrepreneurs Can Sharpen Their Leadership Skills
Being an entrepreneur, you need to be a team player to work as a team and achieve your goal. A well lead team can do wonders for your business and without motivated members in your team, you will not be able to reach heights. So, it is crucial to have effective leadership skills.
However, entrepreneurs are not born leaders. You need to develop and sharpen your leadership skills to handle a challenging situation. Though every entrepreneur has their own style to lead people, they can adapt some of the proven leadership skills to influence their co-workers. If you are willing to work on these skills, this article will provide you with a guide on effective ways to sharpen your leadership skills.
#1 Build Up A Strategic Vision
You have built an organization with your innovative business ideas, and passion. But, is this enough to make your company reach heights? With time you certainly need to sharpen your strategic vision too so that your organization keeps up with the growing trends. It’s about understanding and indulging in the broader view of the company and its employees. Moreover, strategic vision lets you connect your short-term goals to the long-term ones for yourself, your employees, investors, and customers to make them believe in your vision.
#2 Grasp A New Learning Every Day
Break that entrepreneur’s know-it-all mentality and keep your mind open to learning. Leaders are amenable to know new information and learning to improve leadership skills. Also, in this fluctuating and capricious market, you need to be a constant learner to stay updated with all the happenings.
For instance, if you fumble or hesitate to speak in public, you should find ways to strengthen it. For this, you can either take public speaking course or practice in day to day life by talking to different people with confidence.
#3 Develop Self-Awareness
To lead a team, one of the most crucial capabilities is to master your inner instincts, intuition, and power. In short, you should be self-aware and confident about inner strengths and harness your weaknesses. You might be wondering about how one can be more self-aware. Some of the suggested ways are to understand your thought process behind taking any action, not to let your emotions overpower any decision, be patient and not to take an impulsive decision, etc. Moreover, you need to be good at assessing the results and have the curiosity to learn and grow.
#4 Be An Observer
Although you are the one who initiated the business idea, your entrepreneurial success depends on your team. If they won’t be motivated to work with you, the retention rates for your organization will increase. So, to be successful, you need to make sure that your team walks along. You need to be aware of the mindset of new and existing employees. This way, you will only have the right talent in your organization. Moreover, you should also invest time and money to train and coach your team in order to keep your organization growing.
#5 Dress To Impress
If you are meeting for business purposes and come wearing a t-shirt with torn jeans, your staff, investors, partners or customers will not take you seriously. Hence, you need to dress formally (at least sometimes) to influence others. Also, according to researches, if styled properly for the occasion, you feel more confident and this will show in your body language and gestures. Moreover, don’t limit the dress code to yourself, you can ask your staff to dress up for in-house meetings.
#6 Pay Heed To Other’s Opinion
To be an able entrepreneurial leader, you should never hesitate to seek advice from other people. In your initial period of entrepreneurship, try to work with a mentor, business coach or read articles and books daily. You can learn through other people’s mistake and success stories. From this, you can gain leadership improvement ideas which help in effective decision making in difficult times.
Of course, you are loaded with work and have no time to pay attention to anything apart from your tasks. But, to keep your organization growing, don’t overlook the impact of being a good leader on the success of your organization. The above tips will help you gain insights into being a successful entrepreneurial leader.
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Source: Startus Magazine
Author: Maulik Patel