Four qualities of great entrepreneurs

  • lead-by-example

 

Living the life of an Entrepreneur is filled with excitement, challenges, and rewards. It is fast-paced, and offers unique obstacles every day that require quick decision making, and important choices. While the life of an entrepreneur can be stressful, it requires you to keep a keen finger on the pulse at all times.

Like any leader, or those in a leadership role, having a vision is key to lead a team of people, or an idea, to success. Here we outline some ways you can remain a strong leader at every step in your success.

lead-by-example

1. Avoid excess and don’t get ahead of yourself – While a growing company or project is an exciting venture, never get ahead of yourself. Set targets and measure your growth. Know how much resources you have based on your current success, and allow for growth based on those results. When you have hit your targets, then allow yourself to hire that new employee.

2. Be  punctual and lead by example – Good leaders manage their time well and are punctual for meetings. Having said that, don’t assume that if someone else is late that this is an indication of disrespect. Assume a reason for one’s lateness, and accept an apology, then, don’t be late.

3. Check your pride – While a healthy ego will help you bang the drum for your company, no one likes a loudmouth. Champion your company’s success, but don’t over do it by bragging. By showing your successes with humility, you will gain the respect of your peers.

4. Control your passion – While passion is critical for every entrepreneur, uncontrolled passion can lead to irrational decision making and lashing out at those around you. Control your emotions but still embrace your passion for your business, and you will remain constructive and a gracious leader.