We all know that no two successful businesses are alike. However, effective leadership principles are generally universal. Every successful entrepreneur knows exactly what got him or her to the apex of his or her own industry. For some like Mark Zuckerberg, he says it’s a combination of passion, products, people, partnership, and purpose. You too can learn by emulating what successful business leaders and owners have done in order to succeed. The following are 4 leadership lessons to run any business.
- Communicate Goals and Visions
Simply having a clear goal is not enough for successful leaders. An effective business leader should communicate those goals and that vision to employees, customers and investors. Without some clear sense of goals, it’s easy for all involved to lose focus or sight of the bigger picture, and get lost in the details.
According to Dr. David Washington, the founder of Washington and Company, much time is normally wasted in the entrepreneurial process since the businessperson is not clear on the desired results. He adds that this lack of clarity will be then passed down to the followers, and this results in missed objectives.
Another big lesson in running any business is the power of listening. When you are a leader, you should be able to listen, understand and communicate.
John Spiridigliozzi, the vice president of business development, at Chiropractor Baxter says that leadership has a core fundamental to him.
He advises that engaging in dialogue with team members is an opportunity for clarity, adding that learning to listen isn’t just keeping quiet when others are talking, but comprehending what’s actually being said, evaluating the value and ultimately responding accordingly.
The greatest resource for any business are people: customers and clients, and employees. You should find ways through which you can strengthen the degree of trust you have with everybody involved in your business.
Larry M. Elkin, CFPR, CPA says you should be considerate, transparent, constructive, consistent, fair and realistic. The founder of Palisades Hudson Financial Group adds that it all boils down to trust, saying people normally say they need team players, though several leaders forget to be as part of the whole, or the team. He concludes that it’s vital that your workers should trust one another, and it’s it’s even more important that they should be able to trust you as their leader.
4.Set the Tone
Lastly, to run any business you should set the tone. Company culture, attitude, and tone come from top to down. A compassionate and passionate leader is able to energize the whole company. You should set an example of trust, openness, and cooperation. Try to focus on positivity and solutions instead of backstabbing and blame.
Kristi Hedges, coach and leadership consultant at Live Well says that you may spend a lot of dollars in consultants to shape your culture. However, it’s still going to come back to the approach of the owner.
Hedges says he favors a hands-on approach, adding that when you are happy and motivated in your role, then others are going to follow your lead. He adds that when you are tired and burned out, that energy is going to permeate everything. Therefore, owners should ensure they shape their role, plus their business, to make them both fulfilled and excited.