Whether you manage your own business or work for an organization, your success depends on your ability to follow the significant
business principles. These timeless qualities are what established organizations look for when hiring their executives. Mauritshuis, for example, recently appointed Martine as their new director, partly due to her proven record as a
results-oriented leader. If you want to join the list of successful business leaders, here are the principles that will help you.
Commit to Build a Business
From the very onset, ensure your strategies clearly show that you are sufficiently interested in creating a thriving business, not a job. For you to achieve this, ensure your startup is reliant on the production of a well-trained team. This way, your company will be able to thieve with or without the contribution of a few key persons, including you, as the founder.
Other than a great team, however, build sound business systems and productive work culture. On this topic, you can
read more from here.
Develop Effective Communication Skills
Is there any better way to ensure everyone in your team know what you expect from them and join you to achieve the goal than this? The truth is that there is no other.
Since many people do not have the best listening skills, it follows that you should learn to over-communicate. To achieve this, never communicate before you correctly understand what the other person is saying. Besides, communicate regularly in a clear and precise manner. Moreover, whenever you are passing across any piece of information, use facts. It would help if you never whined, as this cannot help.
Never Burn Bridges
In life, and in business, nothing is perfect. Someone will act against your wishes from time to time. The most irritating part of it all is that the other party often hardly appreciates that they are unfair to you.
To win this game, be in control of your actions and words. It is wise to learn to let things go. There are people who can cost you the reputation of your brand but later apologize and help you to go farther than you ever imagined. Thus, do not allow anger to define the future of your business.
Invest Substantially on Networking
Don’t wait for you to be big on what you do to make money. If you try this, you will never realize your goal. Most successful people are imperfect but well connected. They spend about 10% of their time networking.
If you are wondering how to achieve this goal, start blogging, attending local networking events, and the likes. Before long, you will be shocked by the magic that this guarantees you.
Never Lose Money
As a serious manager, many investors will fund you. This is good news. But note that things may change from good to bad if you lose their hard-earned cash. If you read the two
popular rules of Billionaire Warren Buffet, you will agree that they sum up to this.
We all know that it is impossible to work for many years without losing money. So, the remedy is to have a system in place to ensure the investment is secure. If your investors learn that you take care of whatever they put under your custody, they will take care of you too.
The Bottom Line
As you likely know, you are paid for the value you create, and not the time you spend in the office. If you have other philosophies that you think works for you, you are welcome to use them alongside the timeless principles. Remember that your only goal is to increase your value in the market and succeed.
