5 Critical Roles In Your Business

As you begin to establish your new business, there are critical roles that must be fulfilled in order to assure or at least give you a bigger chance of success. If you have the luxury of a large, quality pool of team members from which to choose, you may have these resources on your existing team.

Most new businesses do not have the advantage of having existing team members that can accomplish these tasks, so the alternative is that you must fill these roles yourself with an eye to recruit with these necessary roles in mind. The attached Forbes article tells us that these roles must be filled and identifies what they are and why they are indispensable.

You are the de-facto leader as a founder of your business. As its primary coach, you must lead in a way that creates love and respect for the way that you lead. Your first task is to find an expert who knows the industry, the market, and the products and is able to communicate those to the rest of the team.

The financial guru who keeps track of the income matrices and expenses that the team deems worthy of taking on. This person may be domestic to the team or be an external resource. Most entrepreneurs are busy with the everyday tasks of being leaders, so there is a need for a strategist who is skilled at navigating the future and guiding the enterprise into a profitable and fulfilling enterprise.

Finally, there is a need for the executer that takes ownership of the company’s plans and monitors their progress in the day-to-day operation. The executer understands, fully, the company’s expectations and how they are performing from one day, one week, one month and one year to the next. The executer knows what needs to be done, when and how.

As we have said, earlier, sometimes in start-up and new business endeavors these roles must be filled by the founder with an eye to the future as you recruit for your team. A lot of work in the beginning and the use of some outside resources that are available to you can fill those roles in the short or even the long-term and can lead to great things in your business.

Forbes Article

Creating A Team Culture

Constructing a team is a good thing. Creating a “culture” of teamwork is much better. The post below from “The Balance” can give you important input about creating a culture for your team. These can make a difference in your team’s success.

Teams with a team culture are aware that every success of every individual is the success of the entire team, not just that individual. Share this philosophy with new team members right up front. Knowing that this is a team and collaboration is expected of them will speed their individual accomplishments.

Don’t be shy about reminding them of the value of the culture that drives their successes. Reward and celebrate teamwork and recognize it often. Emphasize that the amounts of their bonuses will depend on how effectively they operate within the team culture.

This post also offers some great tips for team building, itself. Team building is something you do every day. Together you can solve each other’s “real” work issues and problems. Build celebrations around successes and make team collaborations fun and make FUN part of every agenda.

The team concept has quickly become a popular tool for businesses everywhere. That suggests that more and more companies understand that “none of us is as good as all of us”. Make that your belief system and create an environment that has a “system” and allows that system to duplicate. Duplication provides a fast track to success.

https://www.thebalancecareers.com/how-to-build-a-teamwork-culture-1918509

Giving & Receiving Leadership

Good leadership is complex. At the same time, it is simple. The “flow” of effective leadership is both up AND down. Mentoring your team is, of course, your responsibility as a leader. You are the leader because you have unique knowledge and skills, so you must share them.

In addition, there is another dimension to leadership, accepting feedback gratefully and willingly. That is the most difficult part for most leaders. Those whom you lead have valuable experiences as well. A good leader recognizes that and respects that feedback from his/her team.

Saying you are open to that and really BEING open to that are two different things. Employees and team members can sense when you are genuinely listening and absorbing their input. This article below from Forbes will give you some valuable perspective. The best leaders don’t just listen to feedback; they solicit it.

To get the feedback you want, you must build trust amongst your team. They must feel safe in giving it to you. There are no negative consequences. If you act defensively you will get less and less constructive feedback. Remember, you and they are sharing wisdom and you will both benefit from it. Balance your leadership with positive (when it is deserved; no fake stuff) and with constructive interaction.

This dialogue will enrich the culture of your business and it will gain momentum, so it will occur more and more often. After your interchange has concluded, be sure and thank the person for taking the time to provide this information. Sometimes it is an advantage to repeat what it was that you have counseled about so both parties are on the same page. Good leadership will pay considerable dividends to your business. The best news is that it becomes easier and easier as you practice it.

www.forbes.com/sites/forbescoachescouncil/2018/01/16/being-a-great-leader-means-giving-and-receiving-feedback/#6a42c223ebc9

Benefits Of Mentoring

Mentoring is a practice that is touted by many contemporary companies. You have probably also heard it referred to as “coaching”. No matter what it is called, it is a practice that, obviously, is an asset to those being mentored (mentees).

But, have you stopped to think that there are also significant benefits to those doing the mentoring? The article below from “The Chronicle” helps point out some ways where the benefits of mentoring not only flow down to the mentee, but up to the mentor. You see it is not a one-way street.

The lessons you teach can serve as a relearning experience for the mentor. As you increase the confidence and the posture, it improves your own and reinforces the skills that got you to where you are. So as you remind your mentees to have confidence in themselves and their personal resources, take an inventory of your own realizations.

Mentorship forces you to step back to when you were being mentored. As they ask questions you will be faced with your own past experiences that will put their questions in the context of your experiences. How did I learn that? What helped me when I was in their position?

Just because you are now the mentor does NOT mean you are all-knowing. Keep perspective on the perceived hierarchy and remember you can learn from those that you mentor, as well. So keep an open mind and be willing to learn from them. They are usually younger than you are and have a much more contemporary perspective than yours.

Let your mentoring experience make you a better leader. Bear in mind that, as you help them, you should be helping yourself increase your leadership skills. And always be aware that the mentoring journey is all about them. What you get back is collateral knowledge. They are happy to share with you because of what they have gleaned from your relationship.

The company, with which I have associated myself, has established the mentoring (coaching) process as the cornerstone of owning and growing a healthy business that will pay “lifetime” dividends.  It is so integral to their culture; it has been incorporated into the Mission Statement. I keep it on my desk so that I am able to review it every day.

chronicle.umbmentoring.org/four-ways-mentoring-benefits-mentor/

Maintaining Your Personal Energy

No matter who you are or what you do; your energy levels (and motivation) will hit flat spots. This article below from “Whole Life Challenge” will give you some insight and tips on dealing with these energy flat spots and reenergize yourself when they “rear” their ugly heads.

The energy we refer to is not just physical. It is a combination of physical, mental, emotional and professional phenomena. Physically the signs can be fairly obvious; fatigue, headaches, slowing of reflexes and even blurred vision. Mentally and emotionally, it can produce moodiness, irritability, and lack of focus and concentration.

All in all, these symptoms can dramatically affect your personal and professional lives. It can even make you more susceptible to illness and disease. It is easy to see why guarding against these energy “valleys” is to your advantage. But, how do you do it?

Physically: Eat well, move well, and sleep well. Manage your ultradyne rhythms (our energy cycle repeats every 90-120 minutes). Take regular breaks, a 5-minute walk; stretching, and deep breathing can all help. Avoid distractions; believe it or not, multitasking is a myth. It is not efficient or productive.

Emotional and mental levels can be restored, by feeding your mind. Stop negative self-talk. Be conscious and aware of the things that drain you both emotionally and physically. Make a list of the things that uplift you and do them often. Then, there are the people who drain your energy…avoid them. Aim to connect with the people who make you feel happy. Finally, set some time aside to decompress.

Professionally, manage the physical mental, and emotional challenges you face daily and it will manifest solutions to your professional energy problems. My company has a coaching construct, which allows me to turn to others whom I respect for advice and support. But remember, these flat spots are, for the most part, temporary so do not let them defeat you. Victory is around the corner.

www.wholelifechallenge.com/your-personal-energy-plan-how-to-protect-manage-and-boost-it/

Facing Fear

Fear (and not facing it) can degenerate your ability to succeed, in life, in business, and in your personal relationships. Fear is not the enemy, your inability to face it and challenge it is.

This article from “Help Scout” helps explain how fear can actually be your friend and how facing it often can be one of the greatest tools to achieving all the things that you consider success.

You have heard the term “comfort zone” numerous times and it is understandable that we all tend to cuddle in its’ warm embrace. IT IS COMFORTABLE. At the same time, that feeling of “being OK” is not that at all.

Fear is actually your friend. We all feel fear. It is NOT unique to you. Conquering it is the gateway to business success and life’s quality achievements. The fearful are punished as often as the bold. The difference is the bold gave themselves a chance.

Fear actually makes us do the opposite of what is best for us. The pain that facing fear causes is nothing compared to the gratification that facing and conquering it generates. Facing that needle, so that I may be immune to an illness or making that phone call for the appointment that can convert a new customer are better for me in the long-run and the long-term benefits far outweigh the prick of the needle or the anxiety that your finger dialing that number cause.

www.helpscout.net/blog/do-things-that-scare-you/