What successful leaders know?
a) Mission – successful leaders know their mission in every venture they engage in.
b) Teams – leaders know how to build great teams that are complementary and that are able to work in harmony with each other. Each member of the team gets to know his/her strength, weakness and learn how to maximize their strengths as they work bridge their weaknesses through the use of other team members or continued learning – they use do part-time training.
c) Leadership – they have leadership skills that supersede those around them and that is what the people around them follow the leader.
d) Cash-flow management – good leaders know the importance of cash. They know how to raise cash, they know why they need to pay their bills on time and know that they must establish lines of credits before they need them.
e) Communication – leaders know importance of communication. They understand and know that the result of their businesses is directly proportional to the communication they send out of their business.
f) Systems – good leaders know the importance of systems to their businesses and how to develop and maintain one. They also know that if there is no business system, they own a job and not a business.
g) Legal – leaders know the laws affecting their line of business, they know to source competent legal advice and implement. They know when to fire their attorneys as well.
h) Products – great leaders know their products in and out. They know their features, know their benefits and advantages and know their indications (especially for the highly technical products).
Successful leaders do:
a) Develop very broad mission and align everything else they do to the mission. They ensure that everything they do is in plan to achieving their overall mission. The mission must be bigger than the owner as it is supposed to continue beyond the lifetime of the owner.
b) Create solid teams that work seamlessly to achieve the organization’s mission. All team members work hard to achieve the mission of the leader. The leader ensures that all team members, therefore, agree and see the mission as their own and work towards achieving it.
c) Lead the teams into achieving the mission. They motivate the teams to achieve what they have been made to believe is their mission while in the organization.
d) Manages the finances prudently. Has fiduciary responsibility to the business s/he leads. Ensures inventory is available all the time, staff are well remunerated and paid on time, administration costs are well managed and kept within acceptable standards etc.
e) Communicates the mission of the business loudly and clearly – they are word merchants, they attend communication trainings consistently to sharpen their focus of what they want to communicate and when to do it. All the teams, therefore, understand the need to also communicate to their contacts about the mission of the business and everyone works towards achieving the same mission.
f) Understands and executes the system of the business, all operational systems serve the one purpose to deliver services or products to as many clients as possible at a low cost.
g) Source legal advice from competent attorneys. They know what is legal and what is illegal and abide with legal things only. They well understand the dangers of engaging with illegal activities. These leaders do have multiple advisors (including attorneys) who offer them with updated information.
h) These leaders sell the products of products or services of services; they sell benefits of their products and or services and not the actual product or service. These leaders are very innovative and always create products to be sold through the systems they have developed. They create businesses within businesses and thereby expanding their businesses even further.
The good thing about SFI is that all these items that one need to know and do are readily available in its system. That is why SFI lays such a great foundation to explode your businesses. However, this is your choice as you may choose to follow the path as laid out in SFI or decide not to in which the case you will not be able to get the benefits.
I hope these points are of help to you.
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