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Management

16 Ways to Make Your Team Invincible

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All great leaders are passionate about leading and building exceptional teams. Have you ever heard of a leader that wishes to lead a mediocre team? Leadership craves perfection and smart subordinates. But it takes a great leader to lead an elite team. You must prove that you are consistent and persistent when it comes to personal and professional development. More than that you must be a genuine person who knows what personal reflection is and takes actions only based on regular feedback.

The proverb “if you want to go fast, go alone; if you want to go far go together” describes exactly why the need for a leader exists. The greatness of a team begins with its leader – the one who sets the pace. A leader must constantly expand his perception and learn new methods of pushing his team forward. The world is continually changing, and so must the leader. If the leader is rigid his team will quickly fall apart. As you can see managing a team and leading it to success requires an incredible effort from its leader.

Let’s take a look at 16 ways to make your team invincible:

1.    Nurture Their Talents

A great leader will always step aside if needed and allow others to do what they do best. He will never try to control others in order to make them comply but instead, he will encourage genuine collaboration, therefore unleashing abundance and greatness. Trying to control others will put the entire team on the path to failure. Therefore, you must inspire people in order to attain success.

2.    Encourage Them to Make Mistakes

Let them know that in order to grow you must make mistakes. There is no other way to improve! Tell them that timidity is never useful; making mistakes is a gift. Teach them to never feel bad about themselves if they make mistakes. A great business is built on a foundation made of mistakes. Every mistake can be turned into something epic! Not wishing to make mistakes can easily lead to failure.

3.    Help Them Work Together Toward a Revolutionary Goal

Without a common vision, there is no need for a team. The progress begins only when a powerful vision is decided upon. Having a purpose is what keeps the team together while assuring them that they are on the right track. Only when your team starts to work as a group and not as individuals, only then things start to get a meaning. The entire team must focus on a single direction! Failing to do so will lead to failure but this will only help your team be more united.

4.    Develop the Leader Within

Leading by example is the only way of leading smart and efficiently. As the project manager, you’ll have to imprint your habits onto your team members. You should constantly act like an assignment helper . Always be ready to help out your team mates. When you promise something, deliver it. Keeping your word is one of the most important habits that you and your team must develop.

Your team must not see you as an authority but as a friend, someone who is always there for them. Teach them that the true leader is inside and they must grow their inner leader. Always encourage your team members to take the lead in case it’s needed, and they feel competed to do so.

5.   Offer Them Everything They Need to be Successful

The easiest way to find out is to ask them. Even if you may not always be able to give them everything they need you can at least work hard to ensure that they have everything they need. I’m not talking only about physical stuff; I’m talking about emotional support whenever it’s needed. Give them the chance to fail. You heard me right, let them fail and teach them to accept it and rise above it!

6.    Create a Calm and Fun Environment

If the environment is relaxed and cozy everyone will perform better while having a great time. There will be times when your team will face great difficulties; this is where the fun element will make its entrance. Laughing is what helps people get over stressful tasks, therefore, make sure to implement it into your team’s daily schedule. Failing can be fun as well.  Never be scared to fail!

7.    Teach Responsibility

Be that leader that people can trust. A great leader knows that he must develop a strong and genuine reputation and always be true to his word. This is the only way of showing others that they can count on you and expect you to lead them to greatness. A true leader should be able to look at success and failure with the same eyes, and understand that both are needed for a team to succeed.

8.   Always be ready to Take Tough Decisions

Difficult decisions are constantly knowing at the door, therefore, as a leader you must always be ready to make the right decision. A great team lead by an even greater leader will always act with a purpose in mind. A leader must be able to stand alone and support his team whenever it is needed while confidently making the right decisions.

9.    The Importance of Emotional Intelligence (EQ)

It might be difficult to understand but EQ is even more important than IQ. If your emotional abilities aren’t trained and managed, you will never be able to control your emotions or manage your stress. This leads to numerous health problems and can affect even your ability to work. Your team must learn what empathy is and put it into practice. Without empathy, there are no meaningful relationships and without relationships, there can’t be an effective team. Your EQ is nurtured through failing, don’t forget this!

10. Everything is Hard Before it’s Easy

Persistence is what transforms a mediocre team into a winning team. Make sure to encourage your team to work hard until they reach their goal (team goal). Teach them that they will never know their true limits until they pushed themselves to the edge. Pushing your team to its limits will help them understand that in order to evolve you must get out your shell and fight! The so-called limits are only a construct of your mind.

11. Help Your Team Grow Every Single day

Your team should never be stagnant. Offer your team members plenty of learning opportunities for them to grow and expand. For example, you may organize weekly conferences on different topics, or pay them a ticket to a renowned course.

12. Encourage Your Team to Be Fearless

As a great leader that you are you must encourage your team to always be fearless and brave. Teach them never to back down. Teach them that there is no hard task, only a weak psyche. Let them know that they are capable of amazing things, and the only way of living up to their full potential is to always go forward and take chances. A great leader will always lead through love and acceptance. Each team member must be his own leader for the team to grow and develop.

13. Earn Their Respect

One of the most important aspects of a team is respect. As a leader you must earn the respect of your fellow team members, while giving them all the reasons they need to respect you. Without mutual respect, there is no way of working and growing together as a team. Explain to your team that winning and failing are almost the same; the difference is that you learn every time you fail while wining is just a break from learning.

14. Admit That You Are Not Always Right

A great leader doesn’t consider himself a god, nor is he arrogant. He understands that he is human and mistakes can occur any time. Therefore, be transparent, let your team know your true self and remained them that you make mistakes too. Your team must understand that you don’t expect them to believe that you have all the answers. Transparency and sincerity are great qualities that every leader should poses.

15. Teach Your Team That it’s Ok to Lose

A great leader will always welcome failure and learn from it. Make sure to teach your team this important lesson. Failing is part of life and part of nature as well. In order to evolve you must fail. The only way to learn is through failing getting up and failing again.

16. Create Personal Relationships

A great leader will develop personal a personal relationship with each of his team members. This does not mean that you must develop a close friendship with all the members of the team. It means that you must recognize in them a fully developed human being capable of greatness.

Make sure to spend time to know everyone, show them that you truly care about them and let them know that you are always here in case they have problems at home or at work. Show them that you have only their best interests in mind and that you will never betray their trust. This is how you build a winning team.

Conclusion

As you can see a good leader will always work hard to help his team attain success. A true leader believes in his team even when they fail.  A true leader understands that failure is nothing more than a lesson that must be learned. A true leader will always work his ass of for the benefit off the team.

Julia Turner is a freelance writer with more than 5 years of professional experience. She is social media specialist whose modern and creative approach to writing produces excellent articles on finance, leadership, lifestyle and other general lifestyle topics.

BusinessArticles is the popular online Hub for quality business articles. We publish unique articles and share them with our social followers.

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Management

Business Tips You Need To Know As a Small Business Owner

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There are various strategies that business owners embrace to stand out in the market. From staying focused, getting creative, and finding ways to surpass competitors, these strategies boost businesses to greater lengths.

When it comes to operating a small business, you need to adopt a flexible approach as customers build trust with you. Thankfully, due to an upsurge of digital commerce platforms, it is much easier to get valuable business tips online. Let’s discuss some prominent business strategies you should consider for repeat success.

6 Tips For Growing Your Small Business

Make Realistic Goals

The biggest hindrance that pulls down businesses is lack of practical objectives. Sometimes, in the excitement of a new business, owners come up with huge, unattainable goals. The best approach to use is to break down your progress in a matter of months and years. For instance, you can forecast the number of followers you want to attain on your Facebook page after a month, one year, or even a decade. When you understand what you want to achieve, it is easier to navigate your business operations as you pursue it.

Concentrate on Your Strengths

There is a history of companies using different approaches to success. The strategy may work better with big companies that can afford diversification but may fail with small enterprises. As a small business manoeuvre through the growing process, it is wise to concentrate on one thing at a time.

Remember that each specialization costs money, for example, you will need to invest in marketing and advertising and if relevant, also branding and packaging. The best thing to do is to focus on a profitable niche and work around it for your breakthrough.

Understand the Legal Requirements

In any business, there are various government rules stipulated based on size, industry, and location. There is a high chance of facing heavy penalties if one fails to follow the rules to the letter.

The laws start from the business launch where you have to register with the state. You then have to pay your taxes on time and keep records. When you start hiring your employees, there is also a list of regulations that you must follow to protect both of you.

Keep in mind that as your business grows, some of your workers may violate some of these laws. For example, by illegitimate means, they may try to embezzle funds from your company. In such situations or any other instances that involve the law; your business will benefit from engaging a reliable lawyer to handle it for you.

Learn to Delegate

As you start running your business, you may find it convenient to handle all departments. However, as the business thrives, it is a struggle to balance everything without burning out.

When you are not in the right state of mind, you may not manage to push your business to the success you desire. As a result, your reputation may get affected as you head to losses. That’s the worst mistake for any type of business and especially a growing one.

As a business entrepreneur, you should introduce a tradition of effectively giving instructions to your juniors and partners. By using that approach, your business will progress well, even in your absence.

Surround Yourself with a Reliable Support System

As a business owner, operations may isolate you from what is happening around in the market. The main focus of keeping in touch with other business owners within your niche is to share in-depth information beneficial to all. From such interactions, you may learn the techniques they used to enhance their operations.

Sometimes, you can also seek advice on the best suppliers or vital documentation processes when branching out. Do not fear to share your failures with dependable people who can help you out. It might not be easy to get time to network, but if you manage to maintain trustworthy contact, your business will thank you for that.

Strive to Satisfy Your Customers

As much as you invest immeasurable time and money in your business, without customers, everything is a waste. A happy customer will always come back and refer to others. For a satisfying experience for all, you should initiate fulfilling approaches in all departments. Start by coming up with a customer care desk that handles queries and complaints.

Take advantage of online platforms to reach out to your old and potential clients. You can also get out of your comfort zone and introduce creative and amusing ways to attract more clients. For instance, if you are running a hotel, you can give discounts on specific menus or introduce a happy hour.

Make it a habit to follow up on your customers and confirm their satisfaction with your services or products. In the end, your customer-focused approach would pay off as you significantly reach out to please them.

Did you enjoy our exhaustive guidelines on how to run your small business effectively?

Follow our future advice on how to enhance your business while avoiding grave mistakes within your industry.

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Management

Wise Words Before Starting A Business

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Preparing yourself for a new role business is vital. There is no room for ‘winging-it’ even when it’s your own company! First impressions matter most, so you’ll want to hit the ground running with the wisdom, education and right mindset to face off the many challenges that will come your way. To top it off, you will need to know how to navigate your startup during tough trading times like an economic recession or pandemic!

Rather annoyingly, no one set rulebook can help you with starting a business, and there’s no blueprint to follow as no entrepreneur’s journey is ever the same.

Despite all that, there are things that many business people wish they knew before embarking on such an endeavor. In this article, we give our wise words on can make the difference between taking the straight or winding road to success with a new business.

Money Isn’t Everything

While it’s possible to get by without sound financial acumen, it’s really not where you should want to be when you’re the owner of a business. Even if numbers don’t come naturally to you learn and appreciate the financial statement and other important metrics like profit and loss. When you are competent with the balance sheet of your startup, you can dig deeper and know exactly what it is going to take to make your startup stable. For example, cash flow is king – not capital. Many early businesses have been able to raise a sizeable amount of investment and grow the revenue, but despite this, these businesses have eventually failed.

Cash flow keeps the wheels turning in a business

With ample working capital derived from cash flow, you can focus on improving the business while your team works in it.

Strategic planning to avoid troughs and peaks that threaten your service levels and thus, business reputation is an example of working on the business.

Worrying about money is detrimental to productivity, and with great cash-flow, workers are paid, marketing continues, sales go up, and your business can go from surviving to thriving.

Get An Education

Just like with money – education isn’t everything, but it will give you the confidence to make the right business decisions. Business is no walk in the park. You will need to arm yourself with skills and in areas that are currently foreign to you. Formal tertiary degrees and courses, provide the foundation from which you can grow as a business manager.

Education provider, Victoria University Online say it takes less time to get an MBA when you do it online. These courses can either give you an overview of the business to enable you to be competent and confident with all aspects of the business. Alternatively, you can choose to study a specification so that you can get expert insight and understanding into a more focused department, such as finances and leadership.

It’s also a good idea to learn some of the key skills and characteristics that many businesspeople have, such as critical thinking, problem-solving skills, and good communication.

Shouldn’t Be Work All The Time.

It can be tempting as a business owner to put all your energy into making your business a success; however, putting in over 12+ hours a day can be detrimental as it may mean you’ll suffer from burnout.

Burnout will make you extremely unproductive and can force you to make bad decisions, so you must get that right work/life balance. Working fewer hours, or appropriate hours, will help you streamline your operations and make you more efficient, and a good way to do that is through various automated software.

Separate Yourself From The Business

Business owners at some stage look to move on, and thus they have an ‘exit plan’ to sell up. Knowing how to, and when to start to ease back, so the business is a valuable asset for sale without them in it is challenging, and this is when an exit strategist is required.

Your exit strategy should be part of your overall business plan and thus from the first day onwards you’re aware that you’re not the business but an employee and shareholder within it. Are you inspired to forge ahead with a startup? See our inspirational quotes.

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Management

4 Tasks That Your Business Should Outsource

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With every period of business growth, there is more to do. Often a growth spurt can take a business owner by surprise and leave them with too much to do, and not enough time to do it.

Existing personnel are expected to take on tasks and responsibilities outside their comfort zone, and maybe you too need to upskill in areas you’ve got little hands-on experience, just to get the job done. What a recipe for ‘mountains of stress’!

Almost half of all entrepreneurs are taking too much on, and Gallup Wellbeing Index says it the women who are reporting their stress more than men. Hence, it’s hard to say which gender is better at delegation.

While there’s no single solution, mainly if the growth spurt is unpredictable, outsourcing tasks to third parties can lessen the strain on management. You may not need to use third party providers and being locked into lengthy service contracts instead look at a more flexible workforce.

Delegating appropriate tasks to freelancers or external teams allows you to focus on doing what you do best – and what makes you happy. This is leadership.

Managing everything in-house is unrealistic for most businesses today. However, some tasks require your special touch. It’s those that are too tedious, complicated or expensive that you’ll benefit from outsourcing. Here are four such functions.

Marketing

There are several reasons to outsource marketing. Working with the right agency can give you a fresh perspective that’s backed up by professional insight. It will also be easier to scale up your efforts, not to mention lower overhead expenses.

Moreover, you can gain access to the latest technologies to improve efficiency and achieve more significant results, and this is especially valuable for smaller businesses that aren’t familiar with current digital trends in marketing. You can gain a significant competitive advantage by implementing a digital strategy that’s developed by experts.

Admin

In a whitepaper by Harris Poll, staff spend an average of 40% of their day handling administrative tasks. Most of it involves repetitive, menial activities that can be done by someone else for a fraction of the price. This includes data entry, document management, travel arrangements, inbox organization and proofreading.

Thanks to websites like Upwork, Fiverr and Guru, you can easily find a freelancer to do these things for you. The key is to pick someone who you can rely on to do the job right. This guide details where to start in the selection process.

Legal

As you may be aware, in-house lawyers aren’t cheap. But if you want the peace of mind that comes with knowing your business is compliant with all relevant rules and regulations, you need to have access to legal expertise. This can spare you the (much higher) cost of running into a lawsuit or another unforeseen legal issue.

These days, you can access legal services through online marketplaces like Avvo and UpCounsel, while Rocket Lawyer and LegalZoom provide legal documentation

Human Resources

Every new employee increases your human resource responsibilities exponentially, so it’s a good idea to consider hiring outside help. Plus, several risks come with being unable to keep up with the demands of human resources, such as failing to make payments and file documents on time, not to mention hiring the wrong employees.

Outsourcing to a provider can ease the load and reduce your risk. Depending on your circumstances, you might not need to ship off everything. For example, a payroll company can process compensation while you handle the rest.

Conclusion

Businesses need to be more nimble to survive recessions and staff up when business demands it. Also, make sure you’re not overloading yourself with mundane jobs. Think carefully about the tasks that take up most of your time and outsource some jobs.

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