Many entrepreneurs depend on the formal and informal lessons they’ve learned from their mentors to steer their path to success. What have you ever learned about management from the best boss you have ever had, and the way does that lesson affect your day-to-day work or leadership style?
These answers are provided by the Young Entrepreneurs Council (YEC), a corporation of the best young entrepreneurs in the world. YEC members represent nearly every industry, generate billions of dollars in revenue annually, and have created tens of hundreds of jobs. Discover more at yec.co.
1. Trust and let go
It could look like it’s more efficient to do all the tasks yourself, however it’s actually less efficient in the long term. This at all times caused me more stress from overwork and caused delays for others as they waited for me to complete something amongst other tasks. More importantly, it blocks the development of charges and employees, because they may not have the opportunity to learn the right way to perform tasks. Learn to delegate.
2. Really take heed to my band
I learned from mentors that effective management is about listening. They taught me to essentially take heed to the needs of my team and my clients, which has shaped my leadership in each decision making and problem solving. Due to lively listening, I used to be capable of create an environment where everyone feels heard and revered, and at the same time allows them to resolve their very own problems.
– Renato Agrella, Acerca Consulting
3. Move forward
Even your mistakes and failures can drive you forward should you know the right way to use them as weapons to win more battles. Business is war and each day you should use every experience, skill or information properly in order that nothing goes to waste. Teach your people the same principle. With this mindset, any setback, if used properly, is bound to speed up your growth.
– Bryce Welker, Big 4 accounting firms
4. Give people agency
The best management tip I’ve learned from mentors is to empower people. I got an agency and, without intention, I used to be capable of start my very own agency. Empowering people doesn’t have consequences, but micromanagement does. We see increasingly people understanding the power of relinquishing control and trusting those they hire to do a great job. It was a lesson I learned early on and for which I’ll at all times be grateful.
– Mateusz Kapala, alphabetically
5. Real concern for my employees
Your employees are the soul of your organization. I actually have learned that real concern for workers could make a dramatic difference of their happiness and contentment in the workplace. You may do that by allowing extra vacations from time to time after they really want time to spend with their family members. Writing thoughtful thanks notes also boosts worker morale and makes them feel appreciated.
–(*13*) Candice Georgiadis, Digital Day
6. To attach actions to goals
Fairly often we get stuck on vanity metrics in relation to running a business and it is crucial to know that our actions should align with our goals. My mentor at all times taught me to disregard anything that does not move the needle on the subject of achieving the desired result. It helped me stay focused and see good results.
7. Taking responsibility on your actions
You will not have the opportunity to grow and be higher than you were yesterday should you just throw your mistakes under the rug and never learn from them. So once you make a multitude, accept it. Reflect on what you probably did improper and take a look at to not repeat the same mistakes. This philosophy influenced my leadership style and helped me to be where I’m today.
– Krzysztof Klosowski, Easy digital download
8. Be efficient, not busy
I learned time management and that being busy isn’t the same as being productive. Breaking your time based on impact and energy, prioritizing based on high-impact, low-effort tasks, and learning to delegate will increase your productivity. It would also will let you focus more on the things that bring the most value to your organization and your people.
9. Put money into my communication skills
If you desire to be a strong boss with strong management skills, you might want to spend money on your communication skills. As a pacesetter, it’s best to have the opportunity to place your thoughts and concepts into words. Only then can your employees give them shape.
10. To “make it occur”
My former boss was a force to be reckoned with. She was the embodiment of success in high heels and flip flops. She believed there was no challenge we couldn’t meet and at all times encouraged us to push the boundaries of what could possibly be achieved to make it occur. This ‘do what’s done’ attitude towards work has given us the confidence to push ourselves and strive for excellence in the whole lot we do.
– Tonic Bruce, Drive Nice, Inc.
11. Lead by example
My boss taught me to steer by example. He was at all times punctual, responsible, very helpful and very hard working. He would not just ask us to do something; he took the time to elucidate it to us and at all times offered to assist, which inspired me quite a bit. Now I do it with my employees. It helped me create a positive work culture based on mutual trust and respect without the must micromanage anyone.
– Josh Kohlbach, wholesale package
12. Take time for self-reflection
My mentor taught me the importance of self-reflection. Time passes quickly and lots of people don’t stop to research their results, which results in making the same mistakes over and once again. Now I take sooner or later per week to reflect on what I did well, what I can improve and what I would love to do in the future. This strategy has made me a powerful leader and productive business owner.
– Chris Christoff, MonsterInsights
13. To take control of my schedule
There are lots of lessons I can share, but the most significant is how necessary time management is. In my early entrepreneurial years, I booked appointments based on another person’s schedule, which was very busy and resulted in too many canceled appointments. Then I got introduced to Calendly, the booking tool that modified my day by day life ceaselessly. Now I live in accordance with my calendar.