Outstanding leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it’s amazing what they can accomplish. – Sam Walton
One challenge of being a big thinker and having big financial goals is that you have to be in charge; you must be at the forefront. People are naturally afraid to go beyond their comfort zone, so they are going to stand aside for you.
Nobody is going to do the dirty work for you, since you set the goal, you must roll up your sleeves, and do the work. This puts you at the forefront of the quest. Secondly, if you are aiming to become a billionaire alone; then you might as well give up the goal now.
Why? The reason is because business and investing are team sports; you can play alone to win but you can’t play alone to win big!
Just as money management entails effective directing of cash; leadership entails effective directing of human resources.
To be a billionaire, you must possess the ability to attract smart people and build great business teams.
In my view entrepreneurs are leaders first and managers second. Leaders and managers both have the ability to lead the right way. Sometimes, both of them are mistaken due to having very similar mindsets. However, both entrepreneurs and managers are needed for the growth of any business. One cannot do without the other.
I now want share this with you:
4 Steps to Develop Leadership Skills Right NOW! Inspired by Brian Tracy
Effective leaders are always looking to improve themselves. In four basic steps, you can begin to improve and become a better leader right now:
Step 1: Do more of certain things.
Do more of those things that are of greater value to you and more important to achieving results as a leader. So for example, today do more reading or work on improving on the leadership qualities you may be missing.
Step 2: Do less of certain things.
At the same time, you must deliberately decide to reduce the amount of time you spend on certain activities that impede your success as a leader.
Spending too much time on social media chats and watching TV or movies, or spending idle time with friends and family can hinder your progress.
Step 3: Start to do those things that you aren’t doing that you need to be doing.
What are the skills, competencies or knowledge that you need in order to become a better leader?
Identify them, then write them down. How can you go about learning these qualities?
So you might want to learn to be good at delegating. Find an expert delegator and sit with him for a coffee so that you can pick his brain on what and how he does it.
Step 4: Stop doing certain things all together.
There may be activities that are no longer relevant to your goals as a leader.
Step back and evaluate all your activities from the perspective of what you are trying to achieve. You may find that what was once important is no longer important and should no longer take up your time.