There’s a common misconception that every entrepreneur was naturally born with all of their leadership skills. But, the truth is, it takes a lot of practice and learning from situations to build upon the necessary skills needed to be a true leader.
First, knowing who you are can give you clarity on making the right decisions. Self-awareness is often cited as the most important capability leaders need to develop. To begin with, you can keep your emotions under control, learn to take risks, be patient, cultivate wisdom, and exhibit curiosity! Successful leaders are motivated by a force that propels them to master their skills and this inner direction grants people the ability to know well enough to make the correct decisions.
Next, learn to bring value to your vision. A strategic vision is simply where you see your business in the future. It’s about adopting a broader view of the organization, with a clear, direct mission. There was a study made regarding the impact of having a meaningful vision in regards to the engagement of employees. Employees who don’t find their company’s vision meaningful at all have average engagement scores of only 16%. Those who find their organizations’ vision meaningful have engagement levels that are 18 percentile points above average.
Additionally, great leaders empower others. Encouraging others helps reassure your team and increases their confidence in generating new ideas. Leaders set time aside to make connections and understand people’s aspirations and motivations. They understand where people want to go and what they’ll need to get there. To help empower future leaders, you must cultivate an environment that encourages open dialogue. Supervisors, long-time employees, as well as entry-level workers should feel free to discuss their ideas. This is one of the ways innovation works and where stellar qualities can be exhibited.
Following up with creating a culture of open and honest communication, you should look into receiving feedback from your team. It’s important to gather information first hand from the people you are working with. You need to know what you do well, so you can build on it, and you need to understand your weaknesses, so you can correct them. Work hard to create an open environment where employees feel empowered to suggest changes for a better company culture.
As the head of a business, you may want to interfere into someone’s work to get the task done. But, sometimes you could be creating a setback instead of making progress. You need to have confidence that your team is doing the task at hand with 100% accuracy. Some questions you can ask when inquiring about an employee’s assignment may include: How is your project coming along? What do you need in order to reach your goal? How can I best support you on this project? This will help determine when and where you need to offer more support and when you might need to reduce your interference.
Lastly, look into seeking advice from a mentor or fellow business colleague. Learn from the trials and errors of others who have been in the same situation to help sharpen your own outcomes. Also, knowing exactly what you need help on will allow you to ask more precise questions which will make it easier for your mentor to provide accurate advice quickly. Some entrepreneurs can be reluctant to seek assistance, but if you want to avoid making simple mistakes while growing your knowledge base can benefit you in the long run.