5 Leadership Principles For The Successful Entrepreneur.
Its a acknowledged fact the only 3% of the world's population are independently wealthy. If you are an entrepreneur or a leader, that should captivate you. That should make you question how the 3% were able to achieve that status. Well I have the answer in the most rudimentary and easy to understand form. I have the keys to the foundation of their success. Many people call themselves leaders, or entrepreneurs when they own and run a business or direct people in some way, but a true entrepreneur, the top tier kind of leader I want to discuss is in the top 3% of all entrepreneural leaders and is there because of their actions, mind-set, integrity and their ability to develop and make daily practice of these 5 basic habits.
The first of these principles is Visualization or Meditation on your goals. Everyone agrees that anyone wanting to achieve any level of success needs to set goals. But don't stop there. A successful leader knows what their goals are and takes the important time to focus and visualize on their success. The practice of seeing yourself achieving, visualizing your success in your goals helps keep affirmative feelings, stay motivated and inspires you and also keeps you in vibrational accord or harmony with your success.
Action Plan:
Take 15 to 30 minutes daily for quiet and concentrated visualization and meditation on your goals. The mind is an incredibly powerful tool and it can keep you from..... or help drive you drive you toward your goals and dreams. Take the time to really see where you want to be. Put yourself there, Feel what it's like to be there and carry that feeling with you throughout the day.
The second habit of a 3%r is probably the most significant habit. That is, a 3%r performs income producing activities on a daily basis. In fact, the recmmended ratio is you need to spend 80% of your work time each day on income producing activities. So, if you work 4 or 5 hours a day, or 10 to 12 hours a day, you figure your 80% and perform income producing activities. What that is for you in your opportunity may be different that what it means for others in theirs.
The 3rd principle or habit is Personal Development. Successful leaders repeatedly work on themselves. Personal development is one of my much loved areas to work in. My library is full of books and videos and it seems each day I add something to a long list of books that I need to read. If you don't know what to work on, consider your primary weaknesses in your business. What is the most important weakness you have keeping you from getting where you want to be? Is it knowledge in a certain area, goal setting, focus? Maybe it's mindset. Whatever it is, identify it and begin to work on it, until you have a good understanding and have mastered it, then work up the ladder to the next weakness. You can master a weakness in many ways. Some of things I do are reading books, doing internet research, taking a class or masterminding with others who are proficient in that specific area. As you might notice, every one of these suggestions require action, It's not going to come to you.
The key here is to recognize the weakness and get busy on it, the weakness will not go away, and you will not progress.
The 4th principle or habit is to mastermind with other leaders. A successful entrepreneur has to recognize that they do not know it all. Look online for forums and other kinds of like minded groups. It's just doesnt make sense to live on or survive on what you know alone. Don't be so closed minded or naive to think that noone would talk to you or help you. Let others who are successful help you and share with you what works for them. Truly successful people are willing to share their story with you. Masterminding with other successful leaders is so critical to your success and for your continued growth. When masterminding, you will give and take so plan to teach as well as learn during these sessions.
The 5th and last basic habit you need to create and follow as a successful leader is to develop the expectations of leadership. Act like a leader. To be a successful leader, you have to act like a successful leader. You have to develop your mindset and presence to act like a successful leader. Leaders are confident, leaders are calm and patient, leaders are conscientious and respected. A leader has integrity and character.
If you aren’t where you want to as an entreprenuer or leader, you may be lacking in one or more of these 5 principles in your life.
One of my favorite quotes comes from a man I have never met but have a great deal of respect for, as he is a mega leader in my industry. John Jackson says "If you want something you've never had, you have to do something you've never done."
As you work toward your dream future, consider these 5 most basic and fundamental principles as your steps to success.
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