How to be a better Founder of your business
Starting a business is often times not a natural ability. There has always been a debate on whether founders are born or made. There is a school of thought that believes that founders/CEO’s are made and it takes conscious efforts on the part of the owners to grow certain traits to develop their respective brands.
Here are major pointers I have seen that stood the revered founders we now celebrate;
Make the best use of your time
There are several things out to distract and hamper your productivity each day. It is, therefore, important that a CEO pays more attention to productive tasks rather than busy tasks. Being focused is so important because it is essential to your thinking, perception, memory, learning, reasoning, problem-solving, and decision-making.
Stay passionate about your startup
The entrepreneur journey is not as easy it seems, to lead a startup one must imbibe a high level of passion for keeping you going. The road is no smooth one but your passion for what you believe in would get you up each morning, ready for a new challenge. If you don’t have the passion for your startup, how do you intend to cope during dark times?
You must be able to inspire others
Inspiring others isn’t easy, but it’s necessary if you want your employees to grow and stay satisfied with their jobs. It is the driving factor that leads people to work harder. Meaning more productivity for your organization, and the most important contributing factor to overall satisfaction, which leads to higher employee retention. A leader who can’t inspire others would have problems eventually especially when things are not working well. You need to learn the skill of inspiring those around you. You can start with yourself, inspire yourself to always do more.
A transparent Leader
In the past, businesses kept secrets from employees and decisions were made behind closed doors. Transparent leadership is not just an option but is critical to the success of your company. If your employees don’t already know the truth about your organization, it is only a matter of time before they will. No matter how hard you try to hide the truth or cover up awkward situations, the truth will always surface eventually. Given this reality, the best approach is to be transparent at all times; act ethically and talk openly at all times.
Confidence is important
Confidence is everything in a start-up. People invest in confident founders— whether they are VCs, business partners, employees, or customers. Confidence leads to success, but success also leads to confidence. So when things are rocky, your confidence level drops. But what makes you a great startup Founder is having confidence not just in your startup but yourself during these rocky times. We’ve all been there. You can have the conviction in your start-up but you are not 100% confident in yourself as a CEO yet. It’s OK. It’s natural, work on it.
The entrepreneur journey is not smooth and you can’t know it all. There are habits you have to disregard if you want to start and lead a startup. Following and developing these qualities would only pave way for you as a successful leader. Watch for the concluding session on what traits founders should try to have. I would be sharing more insights, drop your comments below.