Leadership by Example

Leaders often encourage their followers “to give their best” to whatever they are doing. Entrepreneurs do the same when motivating employees towards fulfilling the Mission of the company.

In a team environment it is normal for all employees to contribute to fulfilling the objectives of the mission. However, is it always true for the leaders?

If Entrepreneurs expect the best from their employees, then they too should give their very best to the employees and the company. Do they? Leadership by example is not just a catchy phrase!

Entrepreneurs need to give their best to the organization to inspire their employees to do their very best. If Entrepreneurs show an attitude of “do what I say, not what I do,” their employees are not going to be motivated for the long haul.

Doing the right things for leaders means giving 100% or more to prove to the employees that they all are part of the same team and everyone needs to contribute their very best.

Ravi Patel

www.patelCFOservices.com

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Published in: on May 24, 2016 at 4:12 am  Leave a Comment  
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Keep Your Message Simple

Effective communication is essential to the role of an Entrepreneur. Regardless of the stakeholders that one is addressing proper messaging is critical.

Do you believe that to effectively communicate your message you need to use more words? Is using too few sentences reducing the importance of your communications? Is being verbose mean that you are saying something important? If you think so, you might be wrong!

Effective communication means driving home your point powerfully in as few words as possible.

People have a very short attention span, especially potential investors. If you can’t communicate your message succinctly yet powerfully, you might lose your audience. That is not a good thing.

Regardless of your target audience – investors, clients, employees, vendors, bankers or others – learn to fine tune your message. Make it short and simple, yet effective for them to understand and retain. The longer you speak or write, the less is absorbed.

People will not say that you didn’t speak long enough, but they will definitely tell you that your message was short but effective. What would you rather prefer?

Ravi Patel

http://www.patelCFOservices.com

Published in: on May 17, 2016 at 4:09 am  Leave a Comment  
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Flexibility to Change

It takes a special person to be an Entrepreneur. One has to take risks, chart one’s own course, and have a single-minded focus.

Does that involve being dogmatic about their ideas and vision? Sometimes there is a tendency to do so. There is resistance to change if it involves a different course of action than one originally charted by the Entrepreneur.

Circumstances sometimes demand changing direction. Not doing so could be problematic.

Entrepreneurs should be flexible and strive to alter, if necessary, their course themselves rather than due to pressure from others. Being proactive rather than reactive is a wiser approach.

Being proactive allows Entrepreneurs to control the situation. If they have to react to external pressure to change course, it is more difficult to accept and might even cause friction.

Do the Right Things and have flexibility in making necessary changes as required.

Ravi Patel

www.patelCFOservicesc.om

Published in: on May 10, 2016 at 4:00 am  Leave a Comment  
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Power of Positive People

Entrepreneurs sometimes can be lonely when they venture into a new business idea. Most people don’t understand their Vision and stand and watch from the sidelines, if not being critical.

As the company grows, there are still a lot naysayers. It is important for Entrepreneurs to surround themselves with positive people. Positive people add good vibes and positive energy to any venture. They are generally team-players and also have the motivation to overcome challenges and look at problems as opportunities.

Negative people always find fault in whatever is being asked of them or is being done around them. They always look at ways in which things or ideas will not work instead of finding solutions. They generally sap energy from an organization. These category of constantly negative people are often intelligent, but can be lazy thus finding excuses not to do things.

Entrepreneurs should be careful to distinguish between positive people and  those who are always saying “yes” to them. One can be positive but still question something if it not right. Entrepreneurs would be best served by people who are positive but are not afraid to say “no.”

Ravi Patel

www.patelCFOservices.com

Published in: on May 3, 2016 at 4:11 am  Leave a Comment  
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