Debunking Common Myths About Entrepreneurial Leadership

geoffrey-byruch-mythsWhether you are an entrepreneur or not, limiting beliefs can stop us from being successful. Most of these statements are not easy to prove wrong, which keeps some entrepreneurs stuck in their careers.

How many times have you heard this expression? ‘Whether you believe you can or you can’t, you are right.’

We base our actions on the perception of ourselves, which depends on our beliefs. We will present some of the most popular statements that struggling entrepreneurs make, so you can avoid them and build your empire.

Leaders Shouldn’t Show Expose Their Weaknesses

People know that nobody was born being perfect. Yet, we use to see experts as someone who doesn’t have to improve their skills anymore. If a master makes questions and listens to others, he could not be a leader. It cannot be further from the truth.

People who have fewer flaws are the ones who have exposed many problems over their careers. Being an entrepreneur involves exposing fifty weaknesses at the same time. The person who solves the biggest problems becomes the leader.

An expert has to reinvent oneself and spot his weaknesses before a competitor comes and outworks him.

Entrepreneurs work in the business

Working in the business is quite common among beginner entrepreneurs, who are working on the service in person. The problem with this approach is the lack of leverage. Each person has a customer capacity to deliver the best quality results. Since resources are limited, any customer acquired after that limit will make the customer experience worse.

You should work on your business as a CEO, which involves using your capacity to lead a team of experts. Qualified human resources and automated software have almost limitless capacities, being able to serve as many clients as necessary.

In short, the executive leads the team, and the team offers the service to the public.

There can only be one leader

The purpose of every leader should be turning the team members into leaders for their own team. If the entrepreneur wants extraordinary results, the team should not limit to follow the fixed objectives. It is vital to have leadership values such as initiative, over-delivering, communication, and management.