Growing a business is a challenge that requires hard work and focus, discipline and dedication, as well as a clear vision and genuine sense of responsibility. All these ingredients are necessary to minimize the often-unavoidable growing pains that come with building and developing a business. And yet, many leaders and managers who take on such challenging positions simply ignore or skip the number one rule: to remain confident at all times.
Business leaders and managers often struggle with juggling the many responsibilities that come with their jobs, and more particularly with handling sudden problems and unexpected changes.
When leaders or managers struggle to handle the many unavoidable problems and changes inherent to the development of a company, it can create serious issues and negative consequences that effect all areas and branches of a business. Staff, finances, business planning, and general strategy and procedure are all likely to suffer from a manager’s lack of confidence, positive outlook, and clear vision.
If a business leader doesn’t posses these important qualities, the chances of growing the business according the business plan become very slim. The good news is there are steps that can be taken before reaching that point in time when it’s too late to prevent serious problems from developing.
Confidence Is Key
A good manager must have a genuine sense of confidence in what he or she can do for the business. To put it bluntly, doubts aren’t allowed. And, the success of a business relies on the manager’s abilities to keep a positive outlook as well as lead his team with a very clear vision of what’s expected of them, and of the business.
Aside from confidence, vision, organization and prioritization are also deciding factors for the success of a business. Organization and prioritization are two very important qualities that a manager should possess when leading a team and growing a business.
Handling each situation based on their level of importance is the most effective way of keeping stress and disorganization at bay. Growing a business in itself is hard enough and prioritizing tasks is the best way to avoid unnecessary levels of stress, worry and negativity, which will end up affecting all areas of the business, both internally and externally.
A manager’s confidence will reflect on the company as a whole and as a result, his or her team will be able to operate in a much more peaceful and positive environment. This ultimately leads to a positive impact in the growth and overall performance of the business, keeping the dreaded “growing pains” to a minimum.
Time Management for Leaders…
Being able to manage your time effectively is another important quality when running and growing a business. Time is money, thus having a clear vision of what needs to be achieved in the time dedicated for a particular task is an absolute necessity for a business leader. Sometimes life and business itself obscure this vision, but the worst thing you can do is burry your head in the sand.
Instead, focus 100% on the most important task you’ve set yourself for the day. It’s the easiest and most effective way of keeping the vision and outlook you’ve initially set for yourself and your business. Distractions will occur and more tasks will arise, but it’s up to you as a responsible and focused leader to put forth your best effort to one particular task before moving to the next.
Another very important point that budding entrepreneurs and business leaders should bear in mind when embarking on their job is listening to what other people have to say. People with leadership responsibilities have a natural tendency to not seek advice or second opinions from others because of the nature of their responsibilities.
Being responsible for the growth of a business-be it yours or someone else’s-shouldn’t prevent you from asking around for ideas and opinions. Although it is a key responsibility of the leader, growing a business will ultimately require a team effort.
Listening Skills and Momentum…
Now, listening to what your employees have to say or simply asking for opinions doesn’t mean that you must stick to what you’ve heard. Although you should be an independent thinker, some advice or ideas you may have gleaned from your staff can trigger a chain of thoughts that you could not have foreseen or anticipated before. Being open-minded and open to suggestions shows great leadership.
Furthermore, most business models are pretty much the same, and some people around you may know more about a particular point within the business strategy than you do. Always feel free to use whatever seems like a good idea, especially when it comes to specific areas you may not be so sure about. There’s no need to reinvent the wheel. Instead, inspire yourself from others and implement it according to your business’ needs. It’s free, clever, and will help you keep stress and growing pains away as much as possible.
Finally, a leader has the responsibility of keeping the momentum going. Even though growing a business implies stress, worry, ups and downs, one of your main tasks as a business leader is to keep a clear vision and sense of forward direction.