Learn more about entrepreneurship with this collection
How to build trust in a virtual environment
How to manage remote teams effectively
How to assess candidates remotely
To establish and run a successful business, start out by building the following skills:
A company can continue to grow as long as the leaders are open to learning on the job, acquiring information as your company, the industry, or the world evolves, and adapting to new and challenging situations every day.
It’s this mindset that helps companies evolve, expand, and reach newer markets and audiences. When you assume that you know everything there is to know about your business, you’ll end up building a culture that’s resistant to change and slower to grow.
This refers to your ability to acknowledge mistakes when they occur and use them as valuable lessons about yourself and your business.
Doing so will help you see the gaps in your business, lean on people with more knowledge or experience, and course-correct as you move forward. Moreover, it will free you from being over-critical or fixating on things that may hold you back.
Steve Blank proposed a theoretical model for a startup team that includes founding members with the following core skills: visionary, hacker/hardware, hustler, designer.
Don’t look at leadership as just a competency. Rather, it’s a relationship that you build with those who work with you and for you. You cannot impose this relationship but have to earn it over time — through daily acts of checking in with your team, communicating your vision, and caring for your employees.
You may be great at setting goals but are you in touch with your employee’s realities? Ask yourself: Do my employees feel reassured in the company’s vision? Am I communicating with clarity? Are there concerns that I may be overseeing? How do I build trust among different teams?
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