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What Does It Take To Lead A Business?

7 IMPORTANT STEPS TO GUIDE YOU THROUGH THE PROCESS!

If your actions inspire others to dream more,

learn more, do more and become more, you

are a leader.

John Quincy Adams

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”

1. Be a good listener first

To be a leader you need to listen to your employees first. To move ahead as a group, you have to take your team along. Acknowledge the efforts made by your team. This will help your business in the long run and help you command loyalty from your employees.

3. Don’t be afraid to make mistakes

Nobody is perfect. Mistakes are a part of your en-trepreneurial journey. It’s how you improve your-self after those mistakes that counts.

4. Surround yourself with smart and talented people

David Ogilvy once said, “if you ever find a man who is better than you are, hire him.” As a business leader, it’s important that you build a team that includes people with various skills that can benefit your company. You should understand your own abilities, strengths, weaknesses, and surround yourself with individuals who possess the skills you lack to complete the circle.

6. Look Forward

Have a business vision and share it with your team. You should know where you want to see your company after a certain period, and create a plan to achieve that goal. If you don't look forward, you’ll be stuck exactly where you are currently, and stagnation could stop the growth of your business.

2. Communicate with your team regularly

No two people are the same in a team. Some may disagree with others. One of the best ways to pacify disgruntled employees is to communicate with them regularly. Always let your staff know what is happening in the company and what is ex-pected of them. Keep them informed about your business activities and seek their opinion too whenever possible.

5. Be willing to delegate responsibilities

For entrepreneurs, their business is like their baby and they have every reason to take charge of everything they own. However, if you have hired a team, let them handle their work and responsibili-ties. If you will not delegate tasks, your company may never grow to its full potential.

7. Hold yourself and your employees accountable

Accountability of all decisions is important in all companies. You need to set clear expectations of what you want out of your employees, as far as the productivity is concerned. This also means admit-ting when you make a mistake.