Great entrepreneurs are extraordinary leaders. They invest primarily in people and not in ideas. By backing the people, they can get rapid growth and big returns they strive for.
The hard part is the leadership required to motivate all the players:
An extraordinary leader seems to handle opponents with ease. Once the opposition starts noticing the great leader, they will prevent him from growing, because he might take market share away from them.
Here are seven points on how to accelerate your leadership qualities to become a great entrepreneur.
Burning forces to get you on the go. Urgency and wish are the two main forces to get you going and any business aspect should change without a crisis.
Small successes start snowballing into bigger successes and eventually the business roles unstoppable down the hill. Not even drag or friction will hold the business back.
Big successful businesses have the winning recipes. These are the frameworks and you have to use new tools and strategies to complement the frameworks.
The extraordinary leader needs being coached by successful coaches. There is no shortage of coaching being done. They are advisors, team members and even customers. The leader needs the support of his teammates. He should build a trust relationship with his team.
As an extraordinary leader you will have some imperfections. Do not hide it behind a mask, but look for help where you need it. People are very willing to help.
See yourself as other team members see you. Do not expect being the perfect leader on the first day. You will develop qualities as time goes by. Have a lot of patience and improve all the time. Eventually the task to lead will become easier and more natural for you.
You are in the middle as an extraordinary Leader. The up-line will be the board of directors, the investors, lawyers, auditors and engineers. The down-line will be your internal teams running your business as well as your external partners and the customers.
Here are five more themes to help you being the ideal entrepreneur leader:
The focus on the market content is very important.
When you show your staff your requirements, have a lot of patience, and make sure they know exactly what you expect from them. Let them practice until it is perfect. You will reap the benefits and have more time available.
Work together with your team and your staff. Do not compete against them. You will have a great team to work with.
Make your team and staff independent. They have to think for themselves. Do not expect perfection in the first round, but with your guidance it will improve.
Emphasize for the positive and discourage any negative aspects that should arise. Encourage your team and staff instead of criticizing them.