5 Foundational Pillars of Great Leadership
Throughout history, there's always been a clear divide between those who lead and those who follow. As cliched as it is to say, hard work and dedication go a long way towards becoming a successful business leader. Here are five key attributes seen time and time again in today's successful entrepreneurs and business leaders:
1. Leaders Are Open to Change
Business isn't a static environment, and having an ego about your ideas or methods of working can be a dangerous attribute. Growing a business requires constant learning and adaptation.
2. Leaders Are Accountable
Accountability goes hand in hand with being open to change. And when it comes to leading others, nothing can cause you to lose more respect than pointing the finger. Leadership isn't about being above the rest; it's about presenting yourself in a way which others are naturally inclined to follow. When it comes to leading a team, there's a fine line between the importance of acknowledging the wins of individuals and sharing them with the team as a whole.
3. Leaders Have an Understanding of Money
Staying on top of your business's finances is just as important as keeping an eye on your personal bank account. Proper financial planning will leave your business in the green, all the while ensuring you're building a stable future for yourself. Many people shy away from getting involved in the financial side of things out of a simple fear of number crunching.
4. Leaders Are Goal-Oriented
Goal setting may seem like a paperwork exercise for many; but without setting the goal posts, you're leaving yourself without a target to shoot for. You risk not only your business plan drifting off on a tangent but also becoming stagnant.
5. Leaders Have a Sixth Sense for Skill Sets
Wise managers are never afraid to surround themselves with talent. View the talents of your colleagues as resources and learning opportunities rather than threats. Not only will you build a stronger business with a wider skill set, but you'll also immerse yourself in an environment where everybody can learn something from each other.
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