One of the most underrated yet important traits of successful entrepreneurs is the ability to ask and answer pertinent questions. It might not seem all that important but it is an important skill if you want to succeed in business. The ability to be precise in the questions you ask about your products, your services, your customers and your employees can be critical to success. This is not something that typically comes naturally to everyone but it is a skill that you can hone with training and practice.
Frustrated, upset, and disappointed don’t event start to explain how you feel right now. It has been six months and very little of what you hoped your leadership team would accomplish is done. You’re not as far along as you wanted to be with regard to revenue forecasts and it seems as though everyone spends more time fighting fires than making progress on strategic initiatives. You have some great individuals who have the right skills, so what is going on?
The core purpose of any business is problem solving. Today’s business owners and leaders are faced with a plethora of issues and decisions that will end in success or failure.
Building a successful business isn’t an easy task, especially in today’s competitive environment. Business leaders have to be persistent and have a clear focus on where their business is headed. They have to recognize problems early because some mistake might be too late fixed after they occur.
No matter what role we find ourselves in — entrepreneur, executive, sales and marketing professional, to name just a few — we are in constant motion, reacting to the day’s events, feeling the pressure to perform and focusing on results.
It’s not as if coaches have secret powers or have some deep-seated knowledge of your industry that could open the door to more success. Coaches are mere humans like you and me. However, good coaches can help you identify your blind spots.
Being an entrepreneur is one of those few jobs where your path is not charted out for you. No one cares about your past experience, no one will hold your hand when things get difficult and no one will sugar coat their belief in your potential failure.
When it comes to business, speed is a weapon that separates certain organizations from the competition — but, its speed can also be harmful if not handled correctly. In the age of digital innovation and transformation, small companies have burst out of the gate to disrupt traditional business molds.
In sports, we often talk about athletes who “want it” more than others. These are the players who show up early, who use up every last ounce of energy in pursuit of their best performance. Players for whom defeat is viscerally painful, the ones who will stop at nothing to succeed.