Effective leadership is essential to entrepreneurial success. According to Alan Safahi, an experienced entrepreneur with an excellent track record and the founder of a successful startup company in San Francisco, entrepreneurs with strong leadership skills outperform their competitors by:
• Acting proactively
• Making informed decisions
• Navigating through complexities
• Improving business efficiency
• Anticipating and reacting to challenges.
1. Improve Your Emotional Intelligence
According to Alan Safahi Orinda, emotional intelligence allows entrepreneurs to understand and manage their emotions. It also lets entrepreneurs recognize and influence the thoughts/feelings/emotions of people around them.
Safahi says four competencies, including self-management, self-awareness, relationship management, and social awareness, are essential for improving your emotional intelligence.
A growing body of research evidence shows that 90% of top entrepreneurs have high emotional intelligence. So, when you build your emotional intelligence, you can bring the best in yourself and cultivate successful teams.
2. Focus on Employee Management
Employee management is an integral component of successful leadership. According to Safahi Orinda, highly engaged employees deliver premium-quality services to customers, attract new ones, and produce better outcomes at work.
A better employee management strategy can help you keep your employees engaged and more loyal to your business. At the same time, your employees will experience less burnout in their specific roles.
Therefore, base feedback on observations, delegate work, foster transparent and streamlined communication channels, show recognition, respect your employees, and support learning and development to maximize your team’s performance.
3. Learn the Art of Negotiation
Most entrepreneurs find it challenging to navigate challenges due to a lack of negotiation skills. Although negotiation is chaotic because you don’t know the desired outcomes of people seated across the table, you can improve your skills by doing research, practicing negotiation skills, such as keeping your mind open, setting appropriate and S.M.A.R.T goals, turning your anxiety into excitement, stay agile, and take a timeout.
4. Strong Decision-Making is Key
Decision-making is crucial for your business. Recent studies show that 20% of entrepreneurs and business professionals believe that strong decision-making can help them excel in their business domains.
Safahi recommends assembling a team of professionals to navigate the decision-making process. When you build a team, make sure you streamline communication channels and collaborate to map the technical, cultural, and political underpinning of the decision and develop a reliable solution for your problems.
5. Identify Your Leadership Style
Identify and establish your personal leadership style because it informs you on how to motivate yourself and your employees and handle challenges. A leadership style entails a consistent behavioral pattern across how you make decisions, collaborate with others, and utilize your time.
For example, imprint leadership allows you to get experience from people you lead and work with within your organization. Focus on the operational practices you employ to mobilize your employees and get things done.
Motivations are another aspect of leadership that focus on desires, stimulations, and incentives, driving you to take a specific course of action that aligns with your business goals.
6. Understand Your Motivations
Understanding your motivations requires you to equip yourself with resources to succeed as a leader of your organization. However, Safahi says it is crucial to understand what inspires and motivates you to do your best work.
When examining your motivations as a business leader, consider external rewards that stimulate you, such as higher productivity levels and more significant R.O.I.s. Safahi also recommends taking stock of intangible motivations, such as creating a sense of belonging to your duties at your company and encouraging others to work on new projects that can expand your business.
7. Engage in Leadership Training
Last but not least, leadership training benefits you at any stage of your entrepreneurial career. In addition to developing and practicing skills required for empowering your employees, you must also undergo training and seek help from successful business leaders. That way, you can learn and grow your leadership skills optimally.
Originally Posted: https://alansafahiorindaca.wordpress.com/2022/05/11/ways-for-entrepreneurs-to-boost-leadership-skills/
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