Business owners are required to have a very strategic follow up on business and they shouldn’t be able to make it their only income. Most leadership comes with big responsibilities but they forget to focus on the mall things. Small business owners, on the other hand, offer a much better suite to work with their staff including much more communication, work guidance, learning from experience, and other things to take care of. But do they have what it takes to make a small business bigger? Surely they do. They have core business sense at the right place and among those; here are 5 leadership lessons to learn from small business owners.
The Purpose of Communication:
This is the most important thing to consider when you are handing a big business. Does your staff have enough communication? Or they are just busy at their work and don’t care about the rest? Communication is not entirely important, but the matter of correspondence and problem solving using unity is much likely to be appreciated in complicated situations. But that cannot be developed instantly among your employees, specifically. It requires a set of practical experience, the natural bonding among colleagues, and their differences. Thus, practicing communication among all staff members irrespective of positional differences may hold a better initiative to make business smoother.
Effective communication is essential, both in the office and in life. Extraordinary leaders like Kris Thorkelson and other global executives make sure they are heard and understood, but they also know the importance of listening. Kris Thorkelson Owner and Thomas Haughton Vice President of My Place Realty, a Winnipeg based real estate company working with a vision to not only provide quality houses and apartments to residents but also to integrate the business within the community and find ways that it could support and sustain it.
Listen to your Employees:
Listening to your employees is wasting time because as a business leader you have millions of problems and solutions to deal with. Such a strategy is bad not just for big businesses but for all of them. Employees might have your solutions done better, solved quickly and you are still unaware of the domain of their skills, qualities and other features that can be useful. Thus, take into account what your employees and staff have to say. Make a useful time for such a meeting. Even request them to be quick and clean.
“Coming all together is a beginning. Keeping together is progress. Working together is a success.” says Henry Ford, renowned industrialist and founder of The Ford Motor Company.
The ideal Advantage of Business Relationships:
Small Business owners always care about business relationships other than getting into competition for survival, like global companies and businesses. The matter of fact is not to give away everything for others (for example, philanthropy) but to give more emphasis on relationships rather than being competitive. This makes your ideals stand out for others and extending a helping hand, that can be profitable later. Some business expands easily due to better relationships at use. Seems like the advantage is much reliable!
Listen to your Customers:
After your employees, it’s your customers to care about. Small business owners have better care towards their customers so that they become their certified and loyal users. Business leaders should make a note of it. Introducing review systems, making customer care more reliable and durable, answering their calls and complaints can bring a whole new improvement in business.
The Trick of Sharing Ownership:
This is one of the best lessons for business leaders to make sure their employees don’t leave their business. Small owners make their business open to all for new suggestions, ideas, improvements, and other parameters to take care off. With relieving the tension for making a better business, it also encourages employees to do their best to make the business more successful with whatever seems right to deploy.