📈 4 Leadership Tips That Helped Me Build a Million Dollar Business

Here are 4 things I’ve learned about leadership throughout my tenure as a business owner:

1. Overuse “What’s your plan?”

As a leader, people will naturally come to you for direction. Resist the urge to become an “easy button” for your employees. You are doing a major disservice to your employees and company by doing this.

If you give your employees the answer every time they have a problem, they’ll keep coming to you with their problems.

This makes you the bottleneck in your company. You can’t handle the problems of every employee. You must step back and force employees to think and solve their own problems.

Using this phrase:

1. Forces employees to develop their problem solving abilities.

2. Frees up your time.

3. Allows your company to grow faster.

So the next time someone asks what they should do about a situation, ask “What’s your plan?” THEN, approve or provide guidance.

2. Encouragement works better than criticism

As a leader, you’ll have employees that do frustrating things. In my experience, it’s best to avoid criticism them.

This often leads to resentment and an unhealthy / unproductive working environment. Avoid berating at all costs.

Instead, recognize them for their success, no matter how small the achievement may be. When was the last time your boss congratulated you on a job well done? Or someone noticed that you had lost weight?

That made you feel good right? Not only that, it motivated you to do even better moving forward. This leadership style will lead to a happier work environment, more success, and more money.

3. Deal with issues in this way…

Follow these steps when you’re having trouble with an employee:

1. Gather all the information.

2. Set up a meeting.

3. Lay out the facts.

4. Ask what the employee would do in your shoes.

5. End the meeting in a positive way.

This technique works wonders. The best part is step 4.

If you ask the employee what THEY would do, it forces them into your shoes, and to understand WHY you're doing what you're doing.

If you skip this step, the employee might think you’re attacking them. Making them to see your reasoning is crucial.

4. Lead by example

I recently heard a story about a company that hired a yoga instructor to run an outdoor class for their company.

There was a large turnout, and the instructor was one yoga mat short. Who do you think didn’t use a mat?

You got it, the CEO. He did the class on the hard concrete. What an incredible way of leading by example and earning the respect of the company.

Whenever you’re ready, there are 3 ways I can help you:

1. The Startup Toolkit: This comprehensive course provides you step-by-step directions for how to launch and grow your startup. Through trial and error, I’ve developed these methods to grow my startup to $518,201 annual revenue.

2. 1-on-1 Startup Consulting: Serious about launching / growing your startup? Get the personalized help you need.

3. Promote your business to 1,200+ subscribers by sponsoring my newsletter.

Cheers,

Collin Rutherford

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