LOS ANGELES, CA / ACCESSWIRE / September 8, 2021 /Just about anyone can start a business. Yet not everyone has the innate skill sets to move the business ahead. In fact, plenty of entrepreneurs struggle with the realities and expectations that come with leadership.
What's so tough about being at the helm of a growing organization? A better question might be to ask what isn'ttough. Being a founder can be a heady, exciting experience, it's true. However, it can also lead to high levels of anxiety. In fact, nearly six out of every 10 professionals who manage others say they've gone through burnout, according to figures collected by Development Dimensions International.
One way to reduce the inherent challenges that come with any entrepreneurial venture is to get better at leading in general. And maybe toss out old leadership beliefs that just don't hold up anymore. At executive consulting firm Novus Global, founder Jason Jaggard doesn't just preach leadership techniques. He and his team apply some fresh takes on old topics.
How is Novus Global revitalizing what it means to lead in the 2020s? Below are some of the ways the company has flipped the well-worn script on several leadership principles.
Principle #1: Motivation
Plenty of entrepreneurs treat motivation as something to find. In other words, they believe they have to wait for motivation or seek it out. Maybe they'll discover it today, or maybe they won't. In any case, it's ethereal rather than concrete, which makes it seem kind of unicorn-like.
At Novus Global, their team treats motivation as a learned behavior, no different than a skill like bookkeeping or writing business plans. Consequently, motivation is seen as something to be developed and nurtured, not found "by accident." The difference between "finding" and "designing" motivation may sound subtle. It's not. It's the difference between having or abdicating power.
Entrepreneurs who believe that they can call up motivation at-will have more confidence. Why? They know motivation isn't fleeting. For instance, in times of difficulty, they retain a sense that their motivation can't disappear. This keeps them from giving in to despair, panic, and anxiety… and potentially passing those negative emotions on to their people.
Principle #2: Praise
Empathy has become almost a buzzword among leaders. And Novus Global's teachings recommend honing and practicing emotional intelligence. But there's a caveat: Novus Global doesn't recommend praise be showered left and right. Instead, their team puts praise on a pedestal to be given sincerely to others… as well as to oneself.
Without a doubt, when an entrepreneur can celebrate and feel self-praise, he or she starts to feel more valuable. But it can be tough to practice the art of self-praise. Even entrepreneurs who praise something they've done may feel the praise is hollow or undeserved.
Novus Global takes strides to help clients acknowledge and accept praise for themselves, from themselves. Doing so enables entrepreneurs to reduce their need for acceptance from others. As a result, they can feel good about decisions because they are able to treat those decisions as wins.
Principle #3: Respect
Leaders need to show others respect and kindness. Unfortunately, almost 80% of people told DDI that they didn't receive any kind of appreciation at work. That includes appreciation coming from the top down.
What do most entrepreneurs do when they hear that they should be more respectful? They instantly begin to treat everyone gently, as if those people will break. Therefore, the leaders hold back to avoid hurting others' feelings. While this is a natural reaction, it's something Novus Global trains its clients not to do.
True respect of others requires helping employees and colleagues see the truth in a situation. This isn't done to call someone out, but to call someone forward. Calling someone forward involves speaking objectively and honoring others by being tactfully honest. Leaders who baby their workers aren't valuing them or respecting them. They're acting as if their people are their children, which demeans everyone.
Principle #4: Stewardship
Consumers and workers hold brands to a higher standard of corporate social responsibility. Yet responsibility extends beyond just buying ethically sourced products. Entrepreneurial responsibility involves taking a stewardship role over everyone on the payroll.
Part of stewardship includes knowledge sharing. For entrepreneurs, this can spill over into admitting vulnerabilities and discussing past experiences. Secure leaders frequently use their mistakes to teach learning lessons to others. At the same time, they become more proficient storytellers, which can improve their communication abilities.
Does this kind of "pass it forward" teaching approach go beyond the moment? Yes, according to Novus Global's findings. When a leader can embrace his or her own shortcomings, the leader becomes more human to coworkers. And that makes it easier for employees to come to him or her for counsel later.
Being a modern entrepreneur requires more than having a dream and raising funds. It necessitates that the entrepreneur consider how to adopt a fresh, contemporary leadership style that will inspire and inform others-and perhaps put a few antiquated beliefs to rest.
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