Be a More Effective Leader | Foundation Finance Company

Be a More Effective Leader

Being a leader in your business is one of the most important things you can do. Your employees, clients and leads will appreciate your efforts to be the best business owner possible. Being a leader and manager isn鈥檛 always easy. In fact, it is most often one of the most difficult things in business.

Below are some tips to improve your level of leadership within your business.

  • Define the end goal.

    Delegating is an important task for a business owner but it can be difficult to ensure your employees are taking responsibility for their assigned tasks. Before delegating, write down some talking points and the goal you want the employee to achieve. This allows you to effectively communicate the information to another member of your team.

  • Focus on results, not activity.

    The most important thing to your clients is a quality completed project. Focus on what will allow you to achieve that result for the client. Celebrate achievements that move projects closer to completion.

  • Ask lots of questions.

    The more you learn about your employees, the more you can understand how they work and how to communicate with them. This will eliminate frustration and miscommunication in the future.

  • Do it correct the first time.

    While speedy results are desirable, more so is a complete and accurate project. Take the time to complete tasks right the first time instead of having to correct them later.

  • Slow your response time.

    It is easy to respond to something angrily as soon as it happens. Instead, take time to think about the situation and solutions before giving your response.

Looking at yourself and the things you can improve on will make your company better in the long run. Your employees will be happier, your projects will be completed accurately and in a timely manner and your clients will be pleased.

Read the full article here.

Note: Use of the terms "Loan," "Lender" and "Borrower" is for ease of reference only. Financings are in the form of retail installment contracts ("RIC").

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