Business development 15 March 2016

Six common leadership traps many small business owners fall into

Leadership involves being prepared with the right tools to make startups successful
Effective leadership can be one of the most difficult skills to master when starting a business, and yet it is an essential aspect of a positive, effective and profitable working environment. Business coaching expert at the London Coaching Group, Shweta Jhajharia, revealed to Business Advice six of the most frequent leadership pitfalls micro business owners find themselves in.

As founder and leader of a business, you’re in a position of high visibility and you set the tone for the rest of an organisation. Your employees look to you for guidance and support. It is therefore important to arm yourself with the right tools and skills to be the leader your startup deserves. Here are six common pitfalls many small business owners fall into.

?(1) The do-it-myself? pit

One of the keys to effective leadership is your ability to empower your employees with the opportunity to prove themselves through their work.

Whenever you are faced with work to do, ask yourself if you doing this activity is adding more value than if your employees were to do it. Do not let old habits make you a micromanager. To be an effective leader, you need to relinquish control of everyday tasks, and focus on more strategic and visionary activities.

(2)?The no-vision deadfall

Many business leaders are so engrossed in daily work they think they don’t have time to set goals and create a vision.

Goals are important as they give employees direction and confidence in the company. Goals also help you steer the business and stay on course.

it’s also really important to identify your personal goals are. Almost every business leader I know becomes ten times more motivated when they can clearly see how their business goals contribute to their personal goals.

Invite team members to quarterly strategic planning sessions this will give them both ownership and accountability.

(3) The too-busy-for-you cage

One of your most important tasks is managing your team. This not only means getting people to do their job, but also giving them the opportunity to come to you with their concerns, questions, and opinions.

Without your employees, your business is nothing. Show them that you value their contribution by being as available for them as possible. In addition to set, frequent meetings with them, ensure they have a channel where they can leave you messages and communicate with you directly.

(4) The so-serious snare

You and your employees spend around a third of your waking hours at work, so make sure it’s an enjoyable environment to be in. This could be small things such as an afternoon tea once in a while, or celebrating big wins with a shared bottle of champagne.

Whatever it is, be sure to show your workforce that you are a boss that employees can love and their colleagues are people they can have fun with.