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As a new business owner, you have taken the risk to launch yourself into an adventure that can be extraordinarily rewarding, challenging, and terrifying. Your ability to manage yourself through this process is critical, as you will quickly establish the culture of your organization. Having the right mindset and establishing boundaries and strong, open communication can mean the difference between success and failure. Here are four tips that can help you make that difference:
1. Own your role. You now represent the brand of your organization in a role no one else has. What you say matters; what you do matters even more.
2. Think success. Start with the end in mind. Let your purpose drive your actions. Convey your passion and sense of urgency to your team consistently and regularly. Create a culture of accountability driven by the passion for success.
3. Be resilient. Never forget what put you in the business owners’ seat in the first place. Stand tough during times of crisis. Adapt, recover, reenergize, and let the conviction that drove you to this point be the fuel that empowers you and your team. Focus your energy on the clients you serve as well as the team you are building. Your resilience and leadership courage will drive you out of your comfort zone and push you to move ahead of the competition.
4. Keep your team focused. Establish three to five priorities, ensure your team is aligned around them, and stay disciplined through the execution. If your team believes you are shifting your priorities too quickly without closure and wins, they will lose focus and confidence in their abilities to perform and in your ability to lead. Alignment of focus and intentions creates results.
My Executive Solutions
Ponte Vedra Beach, Fla.
Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.
To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.