Entrepreneurial Leadership - Part 2

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Continued from Entrepreneurial Leadership – Pt. 1

Entrepreneurial leaders lead with their heads and with their hearts. They perform with the skill and mindset of an expert chess player. Based on learning, observing, and understanding different people’s abilities, strengths, and weaknesses, they know how to position the right people with the right roles and responsibilities at the right time in order to get the best results for the business, organization, or team.

One of the entrepreneurial leader’s most important abilities is that they help people recognize the wealth of talent, skills, and abilities inside of them and help them to extract it, causing their potential to be realized. When people on your team begin to fulfill their potential, it will produce a powerful confidence in them that enhances their performance and the people around them. You will see results in your organization beyond what you could have imagined.

How can you make this happen? Continuing from the previous list:

4. Create an environment of risk-taking by you being willing to take prudent risks. These are not just business risks, but emotional risks, especially in terms of your transparency. Be willing to acknowledge what your short-comings are. Your people already know what they are anyway, so there is no sense in trying to pretend that you don’t have any failings. One incredible benefit is that this will allow you to establish a greater level of trust with your people.

5. Stretch people by pushing them to operate outside of their comfort zones in a way that complements their strengths and benefits the organization. This will also broaden and deepen the skills and talents of your team.

6. Create incentives that reward people for taking risks that cause them to stretch beyond what they have done in the past. Reward sincere efforts as well as the successes.

7. Teach and challenge your management team to be entrepreneurial leaders and have them do the same for their team members. This is not just a one-person, top-down activity. You want these kinds of leadership traits permeating throughout your organization. This will encourage every team member to look for and attempt to pull out the best in the people around them.

If you do these seven things, you will create fiercely loyal and passionately committed team members who are extremely productive, because they have been empowered to be their best and do their best.

I challenge you, no matter what type of organization or environment that you are in, to operate as an entrepreneurial leader. You will experience results that impact your bottom line, but more importantly your people’s lives.

Empowering You for Success,
Paul Wilson

P.S., I invite you to comment on this blog if you can identify an entrepreneurial leader that has helped you in your life. I look forward to hearing from you soon.

Tags: business, entrepreneur, leadership, empowerment, success, team building

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