5 Core Leadership Skills
VISION ~ This is the ability to formulate ideas about the business or parts of the business; to understand opportunities or the need for change; to create a mental picture of what the business will be in the future; and to articulate all of that clearly in words and images. At the HIGHEST LEVEL , It’s the creation of the ENTRPERNEUR’S DREAM!
COMMITMENT ~ This is the determination and energy to follow through and make the vision a reality even in the face of obstacles, opposition, uncertainty, and risk. Without an underlying passion for your vision, commitment is difficult to maintain.
INSPIRATIONAL COMMUNICATION ~ This is the skill of communicating vision and strategy, and being able to infuse the organization with enthusiasm, dedication, and some of your own spirit and passion.
Being an entrepreneur, means that you need to lead. Making decisions isn’t always easy. And all of these skills listed can be learned.
Going from being an employee to an employer, sounds good but it isn’t easy. One may have entrepreneurial traits, but if that person has always been an employee, it is a huge transition becoming the employer.
DISCRIMINATION ~ Being able to see what’s important, to understand the available choices, and to make sound, practical decisions. Discrimination is free-form decision making rather than rule-based decision making. It’s knowing what questions to ask, and being able to answer them in the absence of rules or previous experience.
STRATEGIC THINKING ~ The ability to see the big picture and devise an effective path - the right actions - that will lead to realizing the vision. Inventing “the rules of your game” and creating your business philosophy and key policies.
Taken from E-Myth Viewpoint
Another area (that is all to common) is when the entrepreneur does everything. While in the beginning, it is the entrepreneur’s dream and vision that gets them started, learning to identify your strengths and weaknesses is key to building your team of expertise, surrounding yourself with experts will ensure you much business success!
All too often, I see an entrepreneur become disheartened, not because of business growth, but because they never really planned for the growth so their time becomes taken up by all of the business processes.
Why does this happen? Because the entrepreneur who has always been an employee KNOWS how to work! They are good at what they do - but they DO NOT KNOW how to be an entrepreneur ~ Best Tip I Can Give ~ Run Your Business for the eventual sale of your business ~ this will help ensure that business processes and decisions are in place.
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