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Unfortunately, from my own experience, it’s not that simple, and not doing some preparation first can easily result in stress, lack of satisfaction, and a hard road to success. These activities may be low-risk, but they teach volumes about the entrepreneur mindset, as well as the challenges and potential satisfaction.
People-centric leaders realize that the right motivated and accountable people are their real competitive advantage. Your team, properly selected, trained, and engaged, can focus on tomorrow’s requirements, learn from mistakes, and implement the constant improvements required to stay competitive.
Unfortunately, these goals are often mutually exclusive, and focusing on the wrong ones won’t bring you that business success and satisfaction you crave. For example, Richard Branson relishes the satisfaction of initiating innovative startups, and rewarding strong team members with the opportunity to run a joint spinoff.
Marketing is necessary via social media, traditional media, and personal visibility, to attract customers, loyalty, and a competitive brand image. If you enjoy wearing many different hats and are constantly learning new skills, you will get more satisfaction as an entrepreneur. Relish being a “jack of all trades,” rather than expert.
Show that others are an inspiration, not competition. Therefore, the sooner that you adopt the strategies outlined here, the better will be your odds of really changing the world, and having fun and satisfaction while doing it. Marty Zwilling First published on Inc.com on 07/01/2021. Never degrade others, including competitors.
For example, I commonly see metrics to keep track of revenue per employee, overtime, and absenteeism, but I don’t often see measures of overall customer satisfaction with individual employees. That customer experience is the best competitive advantage you can have, and the best predictor of long-term success.
You must recognize that change is the new norm in business, so problems represent opportunities to learn something new, improve your productivity and competitiveness of the business. Take satisfaction from wins to balance against setbacks. Marty Zwilling First published on Inc.com on 02/12/2021.
The more you use your new-found leadership ability, the greater will be your satisfaction and confidence. In this very competitive age, with the current high rate of change in the marketplace, it behooves you to maximize your self-leadership, and be perceived as the business leader you always wanted to be.
Business and customer satisfaction data measurements are required, in addition to subjective assessments of team progress, tradeoffs, and investment decisions. Marty Zwilling First published on Inc.com on 12/08/2021. Use metrics to assess needs and growth economics.
The most effective leaders marshal existing resources and incent people to create innovative yet competitive solutions. True leaders don’t let their ego or competitive nature create a façade. For you the payback is the satisfaction of greater impact, as well as new career opportunities. The time to get started is now.
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