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10 Things You Need to Know To Become a Great Leader - James Altucher

Constructive Criticism

Don't just say NO to something you don't like or want to change.

Say, 'Yes, and.." then provide constructive feedback on what is good and what can be improved.

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10 Things You Need to Know To Become a Great Leader - James Altucher

10 Things You Need to Know To Become a Great Leader - James Altucher

https://jamesaltucher.com/blog/10-things-you-need-to-know-to-become-a-great-leader/

jamesaltucher.com

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Key Ideas

More Success For Others Than For You

Everyone around you needs to become better than you.
Figure out how your employees, clients, and customers can be successful in what they are doing.

Constructive Criticism

Don't just say NO to something you don't like or want to change.

Say, 'Yes, and.." then provide constructive feedback on what is good and what can be improved.

One thing you are grateful for

Practice saying and recalling things that you are grateful for. It changes your mindset positively, leading to better productivity.

The Vision Rule

Once your company gets big in size, it is challenging to keep track and know everyone. So the leader unites them by a Vision Story, in which he shares his vision to all.

Face your fears and be free

A leader is always prepared for change. And realizes that pain is just an opportunity to live in a bigger and more abundant world.

Treat yourself with Dignity

Learn to put your foot down and respect your priorities instead of working according to other peoples convenience and time.

The good reason and the real reason

In almost all conflicts and problems, there are two reasons, the real and the good.

The leader's health

A real, great leader progresses daily towards better physical and mental health.
Ensure that your surroundings and your thoughts are healthy.

Do the things you love

Be patient and persistent in things that interest you, with or without money.
Explore and follow what you love, find your true calling, and you will find that money comes as a side effect.

Lead Yourself

Before you lead your company, you have to lead yourself.
Get better at the things you're interested in. Try to understand more deeply the painful experiences you've had, and take care every day of your health: physical, emotional, mental and spiritual.

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SIMILAR ARTICLES & IDEAS:

“If you look to lead, invest at least 40 percent of your time managing yourself.”

Dee Hock - Founder of Visa Credit Card
Shortcomings of leaders

Being a leader is a little like being a parent. You have all the best intentions of how great you will be and how you will avoid the mistakes you see other people make.

But, people in a leadership role find it is not that easy; they have too much to do and not enough time; they don't properly think through their priorities; they assume that people beneath them will take care of a lot of problems.

Do a "character traits check"
  • Think of someone you thought was a bad leader and list any of the negative behaviors they displayed.
  • Ask yourself if you share any of those behaviors — score 1 for not likely to 5 for very likely: for instance, someone who kept important information away from employees, a micromanager, a vague communicator, a yeller, someone who didn't keep their word.
  • After you identify your potential areas of improvement, make a plan for how you'll work on them.

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Avoid coming in with a pre-conceived plan

Chances are you’re being hired to fill a void and address current challenges that have been highlighted to you. 

Do not make the mistake of coming to the table with a pre-determined plan...

Become a sponge

Before you can formulate the correct course of action, you’ll need to learn all aspects of the business quickly. 

Sit in on as many calls and meetings as you can, and don’t be shy about doing so. Make sure that the team understands that you’re doing it for learning purposes only, so your actions aren’t misconstrued as micromanaging.

Notice patterns first

Give yourself time to notice patterns, and ensure that the changes you make address real problems and not one-off happenings. 

Making too many changes too quickly, especially when it comes to making cuts, may scare the strong players away and lead your team to be guarded with you. Ensure that key stakeholders who brought you onboard are aware of your approach.

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What Self-Reflection Is
What Self-Reflection Is

Is the process of thinking back on previous events and interpreting them through your experience. 

It’s about taking a step back and reflecting on your life, behavior and beliefs....

The Importance of Self-Reflection
  • It improve self-awareness.
  • It allows you to understand and see things from a different point of view. 
  • It allows you to respond, not react.
  • It facilitates a deeper level of learning.
  • It improves confidence.
  • It makes you challenge your assumptions.
The Process of Self-Reflection
  • STOP: Take a step back from life or a particular situation.
  • LOOK: Identify and get perspective on what you notice and see.
  • LISTEN: Listen to your inner guide, the innate wisdom that bubbles up when you give it time and space to emerge.
  • ACT: Identify the steps you need to take moving forward to adjust, change or improve.

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