Would You Work For You?

judge-with-gavel1Would you work for you? Would you work for a Boss who belittles you, and berates you in front of your co-workers, instead of behind closed doors? Would you work for a Boss who always needs to be right – even when they are wrong.? Would you work for a Boss who promises you something one day – and then takes it away from you the next? Does this sound all too familiar? Chances are we’ve all worked for a Boss just like that. I believe great Bosses aren’t born – they’re made. If given the chance, what kind of Boss would you be? Take a moment and think about that. If you had to put a list together of the top ten things a great Boss should be – what would you put on your list?

I think a great Boss should be:

  1. Patient: Able to accept or tolerate delays, problems, or suffering without becoming annoyed or impatient.
  2. Open-minded: Be willing to accept new ideas.
  3. Honest: The quality of being honest.
  4. Empathetic: Show an ability to understand and share the feelings of others.
  5. Flexible: Demonstrate a willingness to change or compromise.
  6. Trustworthy: Have the ability to be relied on, to be honest, or truthful.
  7. Fair: Treat others in a way that is right or reasonable and not allowing personal opinions to influence their judgement.
  8. Consistent: Acting or doing things in the same way over time, especially to be fair or accurate.
  9. Loyal: Give firm and constant support or allegiance to a person or organization.
  10. Compassionate: Feeling or showing sympathy and concern for others regardless of their standing or position.

People don’t quit companies – they quit lousy Bosses. Always remember that you get to decide what kind of Boss you want to be. Culture is created from the top down, never the bottom up. Most people, if given a choice, would rather not be the Boss. But everyone gets to decide what kind of Boss they want to follow. Keep that in mind the next time you’re given the opportunity. Be the kind of Boss you’d like to follow. Ask yourself – would you work for you? If the answer is no – then you need to change.

Copyright (c) 2018. Brian Smith-PLD. Not to be reproduced without permission. Are you looking for a keynote speaker or someone to conduct an in-house training session on soft-skills training or leadership development? To find out more about Brian and what he can do for you and your organization visit https://briansmithpld.com

Being a Passionatepreneur is Never Enough

entrepreneurshipBeing passionate about becoming an Entrepreneur is only the beginning. It’s going to take a great deal more than just being passionate about your small business to be successful. Being passionate is a good start – It will get you out of the starting blocks but it won’t get you to the finish line. The majority of small businesses fail. A study conducted by Eileen Fisher, Schulich School of Business concluded that thirty percent of all new small businesses fail within the first two years, and only half make it to year five. Some of those failures are out of their control. It wasn’t because they weren’t passionate. They failed because they lacked the management or financial skills they needed to succeed.

#Worth Remembering … I am a great believer in luck, and I find the harder I work, the more I have of it. – Thomas Jefferson. 

Being an Entrepreneur and starting your own small business is not for the faint of heart. You have to be comfortable flying without a net. You have to be comfortable with not knowing where your next pay cheque is going to come from. You have to be comfortable with not having all the answers all of the time. You have to decide what you are willing to give up to succeed. Tom Brady, Wayne Gretzky or Tiger Woods didn’t succeed by being lucky. Luck had nothing to do with it. Did they catch a break now and again? Absolutely. However, the truth of the matter is, they became the best at their sport because they were willing to put in the time and effort needed to succeed.   How much time and effort are you willing to put in?

#Worth Remembering … Entrepreneurship is living a few years of your life like most people won’t so you can live the rest of your life like most people can’tUnknown 

You aren’t going to be great at everything but I believe you must be good at most things. If you study successful entrepreneurs you’ll discover they have some common characteristics. If you had to put a list together what would be your top five? Here are my top five.  I’ve listed them here in no particular order.

  1. Time Management: Be able to manage your time well. Learn to prioritize what needs to be done, so that you do the most important things first. Sometimes that will mean doing things that you don’t like to do. Don’t waste your valuable time on things that won’t help you succeed.
  2. Open-Mindedness: You only know what you know – you don’t know what you don’t know – and it’s what you don’t know that could sink you. Don’t be afraid to ask for advice, and be smart enough to use it.
  3. Patience: However long you think it’s going to take you to accomplish a task, times that by two. Rarely does anything happen just the way you thought it would. Learn to take a deep breath and count to ten. All good things happen to those who wait.
  4. Communicate: You must be able to communicate in a way that others will understand. If you can’t communicate both verbally and by the written word, then you stand little chance of being understood.
  5. Goal Setting: Have a clear vision of what you want to achieve and then put a plan together to get there. However, you need to be flexible enough to change or adjust your plan if it’s not going to help you achieve your goal.

I taught Entrepreneurship for over a dozen years at Algonquin College’s School of Business. On the first day of class, I would give the students my “Dorothy doesn’t live here anymore” speech.  I’d tell them if I haven’t talked you out of being an Entrepreneur by the end of the semester than chances are you might succeed. If I have talked you out of being an Entrepreneur than I have saved you from yourself. Either way, it would be a win-win. I would have done my job and you would have learned a thing or two. Being a Passionpreneur is never enough.

Copyright (c) 2018. Brian Smith – PLD. Not to be reproduced without permission. Are you looking for a keynote speaker or seminar leader who can deliver an entertaining and informative presentation on a variety of soft-skills topics? To find out more about Brian and what he can do for you and your organization visit https://briansmithpld.com

 

Why Women Make Better Leaders

 

 

EmpathyWhy women make better leaders can be summed up in just one word – “Empathy”. (The ability to see it from another person’s point of view). Women seem to come by it naturally, while most men have to work at it. Dee Dee Myers – author of “Why Women Should Rule The World” believes that women are more successful at managing small businesses because women can make people accountable for their actions but, they are also there to support them. “Females have the trait, where maybe most males do not”. Mary Matalin, former counsellor to President George W. Bush and Vice President Cheney was quoted as saying – “Women around the world are rewriting history at a ferocious pace with or without mans permission”. It’s easy to argue that men haven’t been doing such a good job lately of managing things. That’s not a political statement – I’m just stating the facts. In the words of Bob Dylan – “The times they are a changing”.

It’s great to see that more and more women are taking up a seat at the boardroom table and leading Fortune 500 Companies. Women are outpacing men in starting their own small businesses. According to research conducted by The Centre for Women’s Business – 1 in 5 of all firms generating 1 million dollars or more in sales is owned by women. The Seventh Annual Business Report, commisioned by American Express, finds that the number of businesses owned by women has more than doubled in 20 years, as has their revenue. Women are starting an average of 849 new businesses per day, up 3% from 2016. There are 11.6 million women-owned businesses in the United States, employing nearly 9 million people and generating more than 1.7 trillion in revenue. Facts and figures published by Statistics Canada on Canadian Women Entrepreneurs tell a similar story. Of all the small and medium-sized enterprises in Canada – 47% are entirely or partly owned by women. The average net profit of female-owned businesses has increased from 52% of male-owned businesses to 89%. Based on these numbers I think it’s safe to say the glass ceiling has been shattered.

Putting gender aside, what does it really take to be a successful owner or manage a small business?

Successful small business owners and managers:

  • Understand themselves and how their attitude affects others.
  • Understand how their reaction to any given situation affects the outcome.
  • Have a positive attitude about themselves – which causes others to have confidence in them.
  • Understand that every situation is different, so they know they must behave and respond differently.
  • Realize that they need their people more than their people need them. They would look pretty silly trying to run things by themselves. There’s strength in numbers.
  • Know they don’t have to have all the answers, all of the time. If they surround themselves with capable people, someone on their team will.
  • Must lead by example. That sounds easy to do but it means never compromising your principles and honouring what you hold to be true – honesty, integrity and always doing what is right.

I could go on and on – but I think you get the point. Women deserve far more credit then they have been given. It’s time that ALL men realize a women’s place is far more than being barefoot and pregnant. If you’re looking to develop 21st Century leadership skills, start with empathy. Learn to count to 10 or 20 if need be, before you react. See things from the other person’s point of view. Trust me – you’ll be glad you did and so will the people who work with you.

Copyright (c) 2017. Brian Smith – Power Link Dynamics. Are you looking for a professional speaker or seminar leader who can entertain and inform on a variety of soft-skills topics? Give Brian a call. He will customize a program that is right for you, your people and your organization. To find out more visit https://briansmithpld.com