Tag: Leadership skills

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Startup

Grow Your Startup Business With These 5 Effective Leadership Qualities

Grow Your Startup Business With These 5 Effective Leadership Qualities
Grow Your Startup Business With These 5 Effective Leadership Qualities

Now and then we come across some influential industrialists talking about powerful leadership and how it can help an organization to scale and grow. A strong leader can keep his employees and teams highly motivated. But what exactly are the characteristics that make a person a strong leader? Is it an influential connection or a charismatic personality? Does having a high competitive spirit make a person a powerful leader that holds the key to an organization’s success?

Excellent leadership is a necessity for every company that wishes to grow and sustain for a longer time in the market. The ups and downs and the uncertainty of the business demand a strong vision and a compassionate heart that is quick enough to make decisions to navigate the rough waters.

There are many business coaches according to whom ‘effective leadership is also all about building up the people around you: empowering them, trusting them, and ultimately, enabling them to contribute their expertise so that the team can become more than the sum of its parts.’

So if you are thinking of taking the charge and leading your startup business in a direction where it thrives and make progress, here are five leadership skills that will help you and your team increase your company’s leadership quotient:

1. Set Clear Priorities

It is easy to get caught up in a new organization that is making continuous progress. But, one of the key roles of a leader of your company is to prioritize the important things. When you make everything important, it creates a sense of chaos amongst the employees as most of the time they feel that everything is urgent.

As a leader, you need to sort through all the distractions and make it crystal clear to the people you are working with what they need to focus on first and foremost. Learn how you can sort important tasks from Dr. Vivek Bindra in this video:

2. Empower Your Team

Good leaders are not just focused on their personal growth. They leverage the skills and brainpower of their team. They never micro-manage and instead give their team freedom and space to figure out the best way to accomplish goals and complete tasks.

To implement this in your company, you need to be more aware of the results you are aiming for. Managers often micro-manage because they have not taken the time to figure out the outcome of the process. A good leader starts with the outcome in their mind and then lets their people find the best way to achieve it.

3. Start Delegating Work

Delegation is no less than an art. As a powerful leader, you must have this critical skill to be effective and advance. Failing to delegate work to the right people will leave you engaged with operational tasks that will hinder your advancement. So focus on highly important and complex tasks. Then delegate starting with simple and unimportant and work your way up.

4. Emotional Intelligence

Great leaders often are good communicators. They have the soft skills to help others manage their way through strong emotional responses. They not just listen to what people say but also try to understand what has not been said through nonverbal and contextual signals.

5. Analytical Mind

Strong leaders also tend to demonstrate strong analytical skills. An analytical leader can take stock of a situation, consider possible paths and likely outcomes, and chart the course most likely to succeed. This skill set provides value no matter your role, and it becomes increasingly valuable the more authority a person has.

If you want to be a powerful leader, you can start cultivating this set of five skills. To gain in-depth knowledge about how to become a strong leader, you can attend India’s most impactful leadership funnel program 2.0 by Dr. Vivek Bindra. To know more about this event, register here: https://www.badabusiness.com/lfp?ref_code=FB&&pp_code=BHBB000078

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Motivational

Improve Your Body Language & Look More Confident With These 5 Powerful Tips!

Improve Your Body Language & Look More Confident With These 5 Powerful Tips!
Improve Your Body Language & Look More Confident With These 5 Powerful Tips!

You may be a successful entrepreneur with excellent leadership skills but do you look like one? Influencing people’s perception of you is called impression management. And in today’s world building a positive image is essential to be successful in any industry.

Whether you are looking to crack a job interview or want to impress investors, your body language plays a key role in effective leadership communication. Here are five body language hacks that will make you look like a leader:

1. Make Eye Contact!

Nope! We are not talking about staring at people. But when you make eye contact while talking to someone, it makes you look more confident and interested in the conversation. People who don’t make eye contact look timid, shady, and uncomfortable either with the conversation or the entire environment. Keep a subtle gaze and be comfortable with holding eye contact while talking. Learn how to build a magnetic personality in this video from Dr. Vivek Bindra– the best motivational speaker in India– 

2. Pay Attention to Posture

Power and authority are often expressed by non-verbal language. You don’t have to shout out and demand attention. All you have to do is pay attention to body posture. When you want to project leadership presence at a conference or in a meeting, sit tall and claim your territory. Sit tall, don’t slouch, uncross your legs and place your feet firmly on the floor.  Widen your arm position and keep your elbows away from your body.

To avoid looking unsure or hesitant, widen your stance, relax your knees, and center your weight in your lower body. Keeping your posture erect makes you look more confident and credible.

3. Quit Fidgeting

Fidgeting is your body’s response to a situation where you feel confused, anxious, or uncomfortable in a certain situation. Fidgeting includes biting nails, and moving legs nervously, which signals you are anxious. People often start doing it without even realizing that they are shaking their legs, biting their nails, or sweating their palms. So when you catch yourself doing this, take a deep breath, relax and stop fidgeting.

4. Smile To Make a Difficult Task Seem Simple

Only human beings are bestowed with the ability to smile. And this is unfortunate that as compared to kids, we adults laugh and smile less often. No matter the task, when you frown or grimace, your brain releases stress chemicals into your bloodstream. And this creates a vicious circle: the more stressed you are, the more difficult the task becomes.

When you smile, your brain gets the message that the situation is not-so-bad. However, avoid smiling like a creeper. Have a happy and relaxed demeanor when you enter the room to put other people at ease and increase credibility.

5. Sound Like a Confident Leader

How you say a certain thing matters more than what you have to say! And as a leader, you can be sure that people will not only be listening to you but will also be evaluating how you say what you say.

Put enough emotion in your voice, so that you don’t sound like a well-rehearsed parrot. Speak politely but sound confident. Don’t mumble or speak too fast as it might make you look under-confident. Take pauses while speaking wherever it is appropriate. It’s unexpected, it’s attention-getting, and it’s effective . . . very effective. And avoid using the words “like” or “um” too much. This will make you sound more confident. Always make sure you are speaking with enough volume to be heard. And remember to enunciate and speak clearly.

In the workplace, how you conduct yourself matters a lot! Well, the first impression certainly shouldn’t last a lifetime but can affect how a person perceives you when meeting you for the first time. With these 5 hacks, you can improve your body language and appear to look more confident.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more about our courses, visit: www.badabusiness.com

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Motivational

5 Leadership Lessons By M.S Dhoni For Success!

5 Leadership Lessons By M.S Dhoni For Success
5 Leadership Lessons By M.S Dhoni For Success

Mahendra Singh Dhoni is one of the most brilliant captains in Indian cricket history. An outstanding batsman, an excellent wicket-keeper, and a powerful leader- “the captain cool” is famous not only for his calm and composed demeanor, but also for his power-packed batting style. When Virat Kohli was selected to lead the national cricket team of India, he made it clear that replacing Dhoni was not an easy task because Dhoni has left a remarkable legacy as a captain.

He has developed an extraordinary reputation for being one of the greatest leaders that the game of cricket has ever seen. He has shown that leadership is not just about passing out orders, but a sheer willingness to make tough decisions and go out of the way to achieve your designated goals.

Not just an extraordinary captain and leader, Dhoni also swiped many awards and bagged several records including the most wins by an Indian captain in Tests and One Day Internationals.

India won the 2007 International Cricket Council (ICC) World Twenty20, the Commonwealth Bank Series of 2007–08, the 2010 Asia Cup, the 2011 ICC Cricket World Cup, and the 2013 ICC Champions Trophy under his captaincy.

His list of achievements is so long that we can write a book on that. But there is one amazing trait of our former Indian captain that deserves special mention is his leadership skills.

M.S. Dhoni has an arsenal of leadership skills that entrepreneurs can certainly apply both personally and professionally. Here are five incredible leadership traits that are a useful template for business captains too:

1. Stay Confident & Grounded

Confidence is the key to success and M.S Dhoni is the best example of that. Even though he comes from a very modest background, he never let that hold him back from achieving his dreams. On the field or off the field, Dhoni is always confident and forthright and often surprises his fans, audience, and media with his witty comments.

Staying true to yourself will not just take you aheadin the sporting world, but also in the corporate as well as the business world.

2. Stay Cool & Composed

M.S. Dhoni has earned the title of “Captain Cool” due to his calm and composed demeanor on the field even during nail-biting moments. Even when severely tested, he manages to not lose his temper which used to influence the entire team to resist caving in. He kept inspiring the team like the best motivational speaker to perform at par no matter what the situation is.

This is one of the most crucial leadership skills for entrepreneurs to keep calm and not give up when the situation is not in their favor.

3. Don’t Let Success Get Over Your Head

Dhoni received fame, name, and wealth at the very initial stage of his career. But he was and still is, humble and modest. He did not let the success get over his head while maintaining a steady path.

We often see that entrepreneurs who gain success too early often lose their focus and balance. They are unable to maintain the poise that is required for the business’s success in the long run.

4. Don’t Lose Focus

To remain focused on your goals amidst all the criticism is no child’s play. But Dhoni showcased his indomitable spirit of remaining focused on what is important during the Champions Trophy amidst the controversy that surrounded the Indian Premier League.

An ability to cut through the clutter, distraction, and negative energy is one of the best marks of a strong leader in every situation. If you want to become a powerful leader, you can hire one of the best leadership speakers in India– Dr. Vivek Bindra.

5. Handling Failure

Handling failure is as important as handling success. And no one has ever done it better than the former Indian captain M.S Dhoni himself. In the 2011 World Cup, Dhoni and his team were performing spectacularly but then suffered a string of losses. However, the captain cool fought back by showcasing a world-class game of cricket combined with his high spirits.

Ups and downs are part of an entrepreneurial journey. Businesses tend to suffer some degree of failure at some point or the other. But, if you want to be successful, you will have to have the courage and strength to bounce back without losing faith in your dreams.

Entrepreneurs should feel safe to experiment and fail if they need to. Managers must also come to terms with the fact that no organization or department can achieve its goals without its respective team members.

M.S Dhoni is known not only for his famous ‘helicopter shot’ and his excellent class of game but also for his unmatched leadership skills and team spirit. Young entrepreneurs can learn big lessons from him about how resilience and focus can help their businesses to grow.

To gain in-depth knowledge about building a startup from the scratch, join our Business Coaching Program. To know more, click here: https://www.badabusiness.com/

Categories
Leadership Building

5 Essential Skills Will Help You Become A Powerful Leader

5 Essential Skills Will Help You Become A Powerful Leader
5 Essential Skills Will Help You Become A Powerful Leader

Summary: A strong leader can help an organization to stay afloat in the best of times, and in the ones that try us the most.

As an entrepreneur, business leader, or owner, the importance of leadership skills can`t be underestimated. Now, we are living in a post-pandemic world and it will be foolish to assume that the blissful stability that once existed will return. This is why strong leadership is more important than ever!

However many people often wonder what it takes to be a great leader? What constitutes to make a great leader? What are those essential qualities that make for great leadership?

We have asked Dr. Vivek Bindra, the best motivational speaker in India, is it possible to become a great leader with practice? He replied, “Leadership is a skill, and like all skills, it takes practice to become truly great.”

Here are five qualities and mastering them will help you become a more effective leader:

1. Build Emotional Intelligence

Emotional intelligence plays a key role and has an impact on leaders, employees, and organizations as a whole. A leader who is open with his or her emotions in a workplace is much more likely to have a positive impact than a leader who is short-tempered and rigid. The work environment created by the leaders belonging to the latter category is more toxic. Infact, employees experience burnout and attrition is quite high.

To develop emotional intelligence, you need to start introspecting. Cultivating emotional intelligence starts with self-leadership and self-awareness. You can hire a business coach who has been a mentor to high performers. A great mentor can help you to get unstuck and aligned with your goals.

2. Lead With Empathy

Empathy is the ability to be able to understand and relate to the feelings of other people. And it is a very powerful tool for leaders. It can help to build deeper connections with their teams. If it is practiced all over the country it can increase overall success. When you open your heart more, you open up your ability to go against your ego. You open yourself up to new opportunities, new possibilities, and new relationships. A great leader communicates honestly and tries to understand their employees without any judgment.

3. Be a Good Listener

Listening and hearing have a hairline difference between them. While hearing is passive, listening is active. A great leader is someone who understands the difference between the two terms.

Active listening is essential for effective communication. It not only involves ears but many other aspects like body language, expressions, and gestures. What’s not said is just as important as what is said.

A great leader will take cues from all other aspects and help people in the organization who might lack the courage to speak up. We need leaders who listen and are intentional about their conversations. Join India’s most powerful business training event ‘Leadership Funnel Program 2.0’ by Dr. Vivek Bindra and master the leadership skills.

4. Transparent Communication

When it comes to communication there is no set formula. But, successful communication begins with transparency. But to keep lines open and clear across the business, we must be careful not just about putting our messages across, but also about the mediums, too.

While businesses around the globe are adapting to the change unleashed by the pandemic, great leaders are trying to find the right balance. Good leaders today have to make difficult decisions such as furloughs, and staff reductions.

5. Act Quickly & Confidently

Many leaders talk, but they do not execute what they say. And it is doing so that separates the real leaders from the rest. When your words match your actions, people learn to develop trust. It is more impactful when you take action on what you are hearing from your employees. Leaders who act quickly and confidently often must make difficult decisions, and for that it takes grit.

We are in uncertain times, where the dynamic of business is constantly changing. Leaders, who have clear objectives, are certain, and are committed to their passion and perseverance, are the ones who will continue to build trust in these uncertain times.

It is essential to have leadership qualities to lead a successful business. Learn how to become a powerful leader from the industry experts in our ‘Leadership Funnel Program 2.0’. To know more, click here: https://www.badabusiness.com/lfp?ref_code=SM&pp_code=BHBB000078

Categories
Motivational

4 Streams Of Income That Will Grow Your Wealth

4 Streams Of Income That Will Grow Your Wealth
4 Streams Of Income That Will Grow Your Wealth

Summary: Want to create passive income? Here are four income stream ideas to try out.

Studying about millionaires and billionaires is quite interesting. Why? They are more often than not regular and ordinary people, who with their sheer dedication and remarkable discipline have achieved everything they ever wanted to.

Successful millionaires too have twenty-four hours a day, but they use it differently from the rest of the world. One thing which is common among them apart from being wealthy is that they have multiple streams of income.

According to an article on CNBC, 65% of millionaires have three sources of income, 45% of millionaires have four sources of income, and 29% of millionaires have five or more sources of income streams.

Passive income is a powerful tool.  It can increase your wealth passively. So, here are the top four streams of income that will boost your bank accounts.

Before we begin to tell you about the different streams of income, we would also like to allow you to hone your leadership skills with the best motivational speaker– Dr. Vivek Bindra at the most powerful business training event ‘Leadership Funnel Program 2.0’.

1. Real Estate Syndications

Passive income streams are one of the basic wealth-building blocks. Every person on this planet only has 24 hours in a day. No matter how much you can actively work, you will always hit a limit on how much you can earn and how much you can save.

With passive income, you can turbocharge your wealth generation as you will continue to make money even as you sleep. Real estate syndications are one of the best passive sources of income. It is a group of investors that purchase a particular commercial or multi-family property. These investments feature yearly returns of around 8% and typically run for about five years. Apart from these above-average returns, when syndications sell the purchased building, investors are provided with a 30%-50% lump-sum return at the end of those five years.

2. Investment Income

Investment income is another common type of passive income stream that will grow your wealth. This category is more generic as it includes dividends from equities and bonds. These investments will not pay life-changing money, but as you grow your wealth, the stock market is a fantastic place to park your money safely while it grows and earns quarterly or monthly income. The key to wealth building is diversification and making smart investments can help you achieve that goal.

Another way is to attend India’s most powerful business event ‘Leadership Funnel Program 2.0’ with Dr. Vivek Bindra who is a business coach to many corporations in and outside India.

3. Business Income

Many people do a side-hustle to earn extra income. This may look ordinary, but in the long run, it can help you to grow your wealth exponentially. Whether making or selling something or providing services, owning a business opens up a world of limitless income possibilities. Suppose you’re a copywriter and you are quite good at your work. You can find clients and work as a freelancer and earn something extra. You can reinvest it in your business or you can leverage your side gig to save more money tax-free.

4. Renting Out Your Car

From BlaBla to QuickRide Carpool & Taxi peer-to-peer rentals have become remarkably popular. Many companies were hit during the pandemic and sold many of their cars. You can turn this into a side business of sorts. It’s not just property you can invest in and rent — if market trends continue, renting out cars is fast becoming a viable income stream!

If you want to grow your wealth, you need multiple streams of revenue. Relying too heavily on one stream typically is risky. What happens if you lose it? Similarly, if that singular income stream requires work, you limit how much you can make because there are limited hours in a day that you can work.

All of the four streams of income above are fantastic ways to grow your net worth. If you haven’t already, consider diversifying your portfolio by implementing the income streams suggested above! It will help you to increase your wealth passively.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

You can be a part of India`s most powerful business training event ‘Leadership Funnel Program 2.0’ by Dr. Vivek Bindra.

To know more, you can visit: https://www.badabusiness.com/lfp?ref_code=SM&pp_code=BHBB000078

Categories
Leadership Building

5 Key Leadership Skills Every Entrepreneur Needs To Develop

5 Key Leadership Skills Every Entrepreneur Needs To Develop
5 Key Leadership Skills Every Entrepreneur Needs To Develop

Summary: To become an effective leader in business development, it takes an individual who is more than just a manager.

When you start a small business, you have to take on many roles. From being the marketer of products to analyzing the market, there are so many responsibilities that you will have to take in the initial phase. Though having some basic knowledge about various business operations can go a long way, having leadership skills can add a new dimension to your startup business.

Having a set of leadership skills will help you close some of the most important business deals, but it will also help you establish a good relationship with your customers. This will also increase productivity in the future. If you want to sharpen your skills, you can work with the best leadership trainer in India, like Dr Vivek Bindra. 

Here is a list of 5 key leadership skills every young entrepreneur needs to develop:

1. Social-Emotional Intelligence

Whether you are talking to your peers and co-workers or trying to close a deal with your client, social-emotional intelligence (EQ) is a crucial skill to master. An emotional quotient or emotional intelligence is taking charge and managing emotions.

When you take charge of how you feel about a particular situation and understand your emotions, you can turn it into an advantage. In this world where along with computers, humans are also becoming mechanical, this skill is needed more than ever. Want to take charge of your emotions? You can consult with leadership speaker in India.

2. Passion

It is easy to dream but challenging to work upon it. Great leaders do not just have long-term goals but also have the dynamism and tenacity to work toward them through an ecosystem of people, data, culture, technology, and more.

3. Ability to Adopt New Technology

Technology is evolving every day. Hence, every great leader should focus on leveraging new technologies that can help to give their business a rapid growth. A touch of technology will ease down daily tasks like finding qualified leads, finding the sales pipeline, and tracking ROI. It will also provide greater value not only to clients but also internally.

4. Communicate Simply

Simplicity is the key, and this applies to every aspect of a business. However, with the advancement of technology, there is an ever-growing stockpile of solutions for any given problem. But each subsequent answer sometimes is far more challenging to understand than the previous one.

In this case, any entrepreneur needs to explain their solutions in a simple, easy-to-understand manner for clients to understand what they may be buying into. You can take help from a professional leadership speaker in India to hone your skills.

5. Coaching

Not everyone can become a powerful business coach or a mentor to their colleagues. But a great leader does! Practical coaching skills are essential in today’s world. Entrepreneurs need to be more than just managers committed to their success. A well-coached leader will not just outperform their competitors but will also build relationships for future business. They are more likely to be professionally equipped and dedicated to their professional and personal goals.

Approaching challenges with an open mindset and untraditional approach is essential in today’s business world. Therefore, being an effective mover and shaker in this dynamic business world takes a humble leader with a vision who can guide a team and the business towards growth.

The idea of managing a business is more straightforward said than done, and we agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

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Motivational

Top 10 Quotes On Entrepreneurship To Keep You Motivated & Inspired

Top 10 Quotes On Entrepreneurship To Keep You Motivated & Inspired
Top 10 Quotes On Entrepreneurship To Keep You Motivated & Inspired

Entrepreneurship can take you to a world that is completely different and multi-dimensional. From taking care of business to prioritizing your own physical and mental well-being the journey can feel like a roller-coaster. The lack of a steady pay cheque, market fluctuations, and irregular working hours are some of the many variables an entrepreneur has to juggle continuously.

India`s startup ecosystem is booming with new projects and many startups have joined the elite unicorn club. It simply means that the trend will surely rise, and one can take a lot more experience and knowledge to draw on when in doubt.

Sometimes the burden of transforming your dreams into reality can take a toll and one can feel demotivated and uninspired after a few initial setbacks. You can consult with some of the best motivational speakers in India to feel inspired again.

Here is a list of 10 quotes to inspire you by some of the smartest and brightest minds, inventors, and leaders this world has ever seen:

1. It is fine to celebrate success, but it is more important to heed the lessons of failure. – Bill Gates (https://www.youtube.com/watch?v=SbOX3i-j-sw )

2. Logic will get you from A to B. Imagination will take you everywhere. – Albert Einstein

3. Success is walking from failure to failure with no loss of enthusiasm. – Winston Churchill

4. Take the stones people throw at you and use them to build a monument.- Ratan Tata ( https://www.youtube.com/watch?v=zDhF8OMwsTY )

5. If you don`t build your dreams, someone else will hire you to help them build theirs. – Dhirubhai Ambani

6. Don’t let the noise of others’ opinions drown out your own inner voice.- Steve Jobs (https://www.youtube.com/watch?v=szTlrjF9TdM )

7. Don’t take rest after your first victory because if you fail in second, more lips are waiting to say that your first victory was just luck.- A.P.J Abdul Kalam ( https://www.youtube.com/watch?v=1vbMVOA8U0o )

8. Leadership is hard to define and good leadership even harder. But if you can get people to follow you to the ends of the earth, you are a great leader. – Indra Nooyi

9. Uncommon thinkers reuse what common thinkers refuse.- JRD Tata

10. We are what our thoughts have made us; so take care about what you think. Words are secondary. Thoughts live; they travel far.- Swami Vivekananda

We hope these quotes have inspired you to take on the world, once again. To hone your business skills, you can take BCP Bada Business.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

You can boost your sales easily with the right guidance from a business expert.  Learn to generate high revenue earning products for sales, generate payment links for customers, managing account-related details. Solve your problems in just one click: https://www.badabusiness.com/psc

Categories
Leadership Building

5 Simple Traits To Help You Become A Powerful Leader

5 Simple Traits To Help You Become A Powerful Leader
5 Simple Traits To Help You Become A Powerful Leader

Summary: They say leaders are born. But, we say that leaders are made provided the right guidance and expertise.

Being great seems like an easy job. Many people say that great leaders are born and too many it appears like a straightforward job because there are no hidden secrets in it. But, while many leaders think that great leadership consists of simple things, only a few implement them because the rest of the people forget about them for some reason.

If you are an entrepreneur who wants to hone your leadership skills, you can join Leadership Funnel Program by Dr. Vivek Bindra. It is the most powerful flagship program in India that has benefitted many people including top management leaders from large organizations.

Here are a few tips that can help you to sharpen your leadership skills:

1. Be Kind, Be Human

Many leaders often forget that they are dealing with real human beings who have unique stories and backgrounds. Every unique individual has his or her share of struggles, challenges, and breakthroughs. For many managers and leaders from the top management, people at work are nothing more than man-hours who need to be managed and optimized.

Your team members always know what value they hold for you. And a man-hour will never help you to overcome situations. Hence, never forget that you are dealing with real humans and not bots.

2. Sharpen your Managerial Skills

Directing people is not something that comes naturally to any one of us. It is an art to co-work and co-exists happily at the same time. Fortunately, we have a lot of amazing programs like the Leadership Funnel Program that offers expert advice and guidance to help you become a powerful leader.

As a leader, you will need to defend the interests of your company but you will be able to do it only when you are aware of the theory of negotiations and understand the psyche of the person you are talking to.

Reading books can be another medium to become better at your managerial and leadership skills. You can begin by reading about psychology, the structure of thinking, negotiations, hiring people, project management, marketing, and economics too.

3. Have In-depth Knowledge

The best way to win authority is through your expertise. You need to understand the things that you manage, and this golden rule applies to every stage. For instance, to lead a creative team you must have a fair knowledge of typography, graphics, color coordination, and some of the most popular tools like Photoshop, coral draw, and Illustrator. This will help you to talk with the people in their language.

Without knowing the things you are managing you can`t do value addition. Without an understanding of what you manage, you will not be able to assess the risks, costs, and timing.

4. Admit Mistakes (Your Own & Others` too)

If something goes wrong, you should have the integrity to accept your mistake gracefully. If you will try to dodge the bullet, you will only be deceiving yourself and no one else. More than that, you will immediately lose your authority within the team.

Accepting your faults publicly can truly have a magical effect. This will give your team a clear understanding that it is okay to make mistakes and that making mistakes is normal. But, what is more, important is to learn from them so that they are not repeated shortly.

Once your team will understand it, they will be more open to experiments, and they become more courageous in their work, take responsibility, and more risks.

5. Protect Your People

To earn the respect of your team members, you have to be the shield that takes all the impact. No one in this world should have the right to influence your team past you. If someone wants to criticize your employees, let them do it to you and not directly to your team members.

One of the best things that will help you to become a great leader is, to be honest with your employees. Whether you are planning to give them a pay raise or thinking about closing down a particular product or the entire company, communicate with your employees honestly. Always remember that a transparent culture in an organization is always better.

Want to become a powerful and influential leader in your field? Join LFP Bada Business today!

Are you looking to find solutions for your burning problems? Get practical solutions easily with our step-by-step learning strategies, action plan, frameworks that are designed to empower you with various business functions via Business Coaching Program.

We hope this blog must have helped you to understand a few aspects of the business. If you like our blog section, you can share your comments with us in the section below!

Categories
Motivational

7 Essential Traits For All Successful Entrepreneurs

7 Essential Traits For All Successful Entrepreneurs
7 Essential Traits For All Successful Entrepreneurs

Vision, focus, and determination- these three qualities can take entrepreneurs anywhere they want to go. They also have good leadership skills and can be a great motivational coach to peers around them.

Whether it is the most respected industrialist like RatanTata or a great businessman like Dhirubhai Ambani, every successful entrepreneur has a few critical attributes that can help thousands of business leaders, as well as the young entrepreneurs of India, succeed.

Here is a list of 7 essential traits that every entrepreneur must have to be successful:

1. Problem Solving

One of the most essential qualities that every entrepreneur who is planning to start a startup business must have is the ability to solve problems. “Having a mindset that is capable to think critically about various issues at hand is an amazing trait”, says Dr. Vivek Bindra- one of the most popular business motivational speakers in India.

The most successful entrepreneurs always go above and beyond to find solutions and get their job done while keeping calm under pressure.

2. Impeccable Communication

As an entrepreneur, you are required to meet new people for networking purposes and other requirements. You will accomplish little to nothing if you lack good communication skills. It is necessary to express oneself clearly and concisely, which can often make the difference between an ordinary and extraordinarily professional.  If you are an introvert, you can also take professional help from a business coach to excel in this as well as other departments.

3. Determination to become Successful

Failure is the stepping stone to success. And only those who have tasted the failure with a pinch of salt can appreciate—determination. Running a business does not necessarily mean that everything will be all rosy. There will be setbacks, challenges, and hurdles too. But a successful entrepreneur does not let anything stop them from achieving their goals.

It does not matter how many times an entrepreneur fails, his determination to succeed overpowers each failure and makes it appear like a minor setback.

4. Hunger to Keep Learning

The world of business is always evolving. Sometimes it’s a new tool, other times it’s a new technology that can help a business to grow. A successful entrepreneur keeps himself updated with the latest trends and networks with like-minded people to form professional relationships.

To be successful in your niche, take some time each week to reflect on what new they have learned about the business industry. Also, decide if there is any way that you can implement this new piece of knowledge into your business for growth. With continuous learning, you can get closer to your organizational goals.

5. Powerful Leadership Skills

While leadership attributes are important for everyone, they become necessary for entrepreneurs who are running their businesses. If an entrepreneur lacks leadership skills, his or her team will not be able to perform to the best of their capabilities.

6. Passion & Ambition

Passion and ambition are what drives an entrepreneur to do what they do every day. Starting a startup involves a lot of risks and is not for the faint-hearted. This is why entrepreneurs need to be passionate about what they are doing.

7. Ability to Look at a Larger Picture

To launch a new product or service, extensive research is required. Sometimes in this process, disregarding assumptions about what currently exists in the market is necessary. To meet the expectations and demands of consumers, it is necessary to shake off the traditional pattern and embrace innovative products, even if it means unlearning current beliefs.

Life doesn`t always go according to the plan, but there are plenty of ways to achieve desired results with consistency, persistence, and perseverance. If you want to be a successful entrepreneur you need to cultivate these traits within you.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program for Entrepreneurs that comes with Foundation courses, specialized courses, and value-added courses.

Grow through self-learning and see your website traffic increasing with marketing collateral designed especially for you. Learn more here www.badabusiness.com

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Powerful Personalities

7 Leadership Lessons Entrepreneurs Can Learn From M.S Dhoni For Success!

7 Leadership Lessons Entrepreneurs Can Learn From M.S Dhoni For Success!
7 Leadership Lessons Entrepreneurs Can Learn From M.S Dhoni For Success!

An outstanding batsman, an excellent wicket-keeper, and a powerful leader- Mahendra Singh Dhoni was one of the brilliant captains in Indian cricket history. He has developed an extraordinary reputation for being one of the greatest leaders that the game of cricket has ever seen.

Though he retired from Test Cricket in 2014, he still has a great influence over Indian and international cricket. Not just an extraordinary captain and leader, Dhoni also swiped many awards and holds several records including most wins by an Indian captain in Tests and One Day Internationals. He also has the most back-to-back wins by an Indian captain in ODIs.

India won the 2007 International Cricket Council (ICC) World Twenty20, the Commonwealth Bank Series of 2007–08, the 2010 Asia Cup, the 2011 ICC Cricket World Cup, and the 2013 ICC Champions Trophy under his captaincy.

His list of achievements is so long that we can keep on writing and still some of them will be left behind. But there is one amazing trait of our former Indian captain that deserves special mention- his leadership skills.

M.S. Dhoni has an arsenal of leadership skills that entrepreneurs can certainly apply both personally and professionally. Here are seven incredible leadership traits that are a useful template for business captains too:

1. Being True to yourself & Confident

Confidence is the key to success and M.S Dhoni is the best example of that. Even though he comes from a very modest background, he never let this hold him back from achieving his dreams. On the field or off the field, Dhoni is always confident, forthright and often surprises his fans, audience, and media with his witty comments.

Staying true to yourself will not just carry you far in the sporting world, but also the corporate as well as the business world.

2. Handling Seniors & Managing Egos

Despite the presence of many senior players in the team, Dhoni was chosen as the captain of the Indian Cricket Team in 2007. It was a tricky situation that could have backfired had it not been handled wonderfully by Dhoni. After becoming the captain of the team, he did not rush to make changes to mark his stamp. Instead, he took his time about making changes and maintaining strategies that had been proven useful.

This is something that new entrepreneurs or managers can learn from Dhoni. In business, many managers or senior leaders have to contend with and manage the egos of various people in their team. However, patience is the key to win the hearts even of those with the iron ones. Some can also listen to leadership speakers in India to enhance this essential trait.

3. Staying Calm under Pressure

M.S. Dhoni has earned the title of “Captain Cool” due to his calm and composed demeanor on the field even during nail-biting moments. Even when severely tested, he manages to not lose his temper which used to influence the entire team to resist caving in. He kept inspiring the team like the best motivational speaker to perform at par no matter what the situation is.

This is one of the most crucial leadership skills for entrepreneurs to keep calm and not give up when the situation is not in their favor.

4. Handling Success

Dhoni well-received fame and money at a very early stage in his career. But he was and still is, humble and modest. He did not let the success get over his head while maintaining a steady path.

We often see that entrepreneurs who gain success too early often lose their focus and balance. They are unable to maintain the poise that is required for the business’s success in the long run.

5. Staying Focused

To remain focus on your goals amidst all the criticism is no child`s play. But Dhoni showcased his indomitable spirit of remaining focused on what is important during the Champions Trophy amidst the controversy that surrounded the Indian Premier League.

An ability to cut through the clutter, distraction, and negative energy is one of the best marks of a strong leader in every situation. If you want to become a powerful leader, you can hire one of the best leadership speakers in India– Dr. Vivek Bindra.

6. Handling Failure

Handling failure is as important as handling success. And no one has ever done it better than the former Indian captain M.S Dhoni himself. In the 2011 World Cup, Dhoni and his team were performing spectacular but then suffered a string of losses. However, the captain cool fought back by showcasing a world-class game of cricket combined with his high spirits.

Ups and downs are part of an entrepreneurial journey. Businesses tend to suffer some degree of failure at some point or the other. But, if you want to be successful, you will have to have the courage and strength to bounce back without losing faith in your dreams.

7. Team Playing

Just like no cricket team can win a match without the contribution of its 11 players, no company or organization can succeed without the team’s efforts. Dhoni has always believed in encouraging and supporting his players at all times with his trust and confidence. This support from their captain has always inspired them to play like there is no tomorrow.

This is a golden trait of M.S Dhoni that makes him the most loved and respectable captain of all time. Entrepreneurs should feel safe to experiment and fail if they need to be. Managers must also come to terms with the fact that no organization or department can achieve its goals without their respective team members.

M.S Dhoni is known not only for his famous ‘helicopter shot’ and his excellent class of game but also for his unmatched leadership skills and team spirit. Young entrepreneurs can learn big lessons from him about how resilience and focus can help their businesses to grow.

To gain in-depth knowledge about building a startup from the scratch, join our ‘Entrepreneurship course’.