Posts Tagged ‘Entrepreneur’
Going from entrepreneur to successful business owner, there are multiple forces that prevent you from breaking through to your next level of Success in business. These forces may include insufficient management systems, communication gaps, declining innovation, employee resistance, fear, bottlenecks and a misaligned organizational culture.
Another key obstacle to your company’s success may be you. Often the personality traits that predispose you to entrepreneurship are the same traits that prevent you from creating a highly successful company. For example, entrepreneurs tend to be impulsive, highly creative, bossy, unfocused, controlling, risk taking and perfectionist. Some are self-confident to the point of arrogant. These traits allow you to launch successful businesses but may not be ideal for managing a winning loyal team.
To break through, you should assess your behavior and consider how you may be contributing to your company’s growing pains. You may need to be more humble, open to new ideas, collaborative, kind, considerate and compassionate. You may need to be more goal oriented, organized, decisive, focused and determined.
Bottom line: You may need to change as much as your employees and business need to change. That is ok as personal development is aligned to successful business, so taking the time out to understand your personality strengths and weaknesses and then designing a management structure and style accordingly can help you in the long-run. There are many different leadership styles and are all easily researchable on the web. However, to make it to the next level you need the buy-in from your employees therefore leadership becomes an important trait of the small business owner, you won´t succeed on your own or without a loyal and focused team.
A cause of your business problems may lie in the fact that your organization is disorganized that is influenced by employees that do not share your mission, vision or values. To resolve your stress, frustration and anger at its root, you need to retrofit your company with the management infrastructure it needs to grow without sacrificing quality or customer satisfaction.