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How to Become a Leader

10 Traits an Inspired Leader Must Have
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Originally Published on Apr 10, 2021 ByMarie Barnes


Leading people is not an easy task. A thousand and one responsibilities fall on your shoulders. After all, leaders are the safeguard against chaos. They are the engine of a group. What defines a great leader? An upright stance and a proud poise? Intelligence and valiance? The will of steel and steadfast determination? Often, we seek something in the leaders we lack. However, different challenges require different qualities from a chief. So, we may spend days enumerating all the possible traits a leader could have. There is no limit to perfection. Instead, we will concentrate on a specific side of a leader – his attitude towards the others.

The way you treat people makes them respond accordingly. Obviously, you can choose the path of tyranny, fear, and oppression to be an effective leader. You will force people to do things, they will obey, and technically you are a leader. But this is a slippery slope. Coup d’états and rebellions are the results of such leadership. If you want to be the one that people follow deliberately and with loyalty, you should possess the next traits. 

1. Determination

Let’s start with the obvious. You must be determined enough to get somewhere and not give up on the way. A determination is an obligatory minimum for a leader. People will not follow if you cannot move forward. They need inspiration, and you give it to them through action. 

2. Responsibility

Being a leader means you are responsible for the team. Every member of your group confides in your decision-making abilities. You cannot let them down. Your purpose is to lead them. In other words, wherever your team ends up, it is your victory or failure. You are the face of your group. When everything goes to hell, you are the first to meet the devil. If you can bear that burden, the leadership is for you.

“A leader is one who knows the way, goes the way, and shows the way.” — John Maxwell

 

3. Genuine Empathy

Empathy is how well you can understand the emotions of others. It is the key to successful relations with anyone. If you feel what another person feels, you can better navigate through the reality of that person. Understanding their pain, you are more prone to help – it is becoming personal for you. 

There are many ways to show empathy: listen more, be attentive to others, do not judge hastily. It is not about forgetting your problems and turning into the selfless altruist to the end of your days. It is about paying attention. Just give a bit of your warmth to others along the way and try to understand them. Maybe, you can help them somehow. People remember such things, and they will respect you.

4. Positivity

Positivity is a useful tool. We all have dark moments in our lives, and unless we have a light with us, it is easy to get lost in the darkness. The moodiness stretches out, everything is dull and gloomy, and irritation takes its place. We snap at each other, but nothing resolves. Ill humor is a tricky enemy: it makes you forget about good times and joy. If you can fight that with optimism, then you have a torch to lead others through the darkness. People will seek your company to get warmer, and they will be happy to have you as their leader. 

5. Open-mindedness

You should not be close-minded, being intolerant to different people or ideas. If you cannot accept something new, alien, or better because of your personal preferences, fear, or pride, you will have problems. Times are a-changin’, as Bob Dylan sang, and so is the world. To keep up with the innumerous trends and progress, you need to get on board with it. Also, it simplifies your communication with other people as their personality does not affect your judgment.

6. Ability to Learn

This is the logical continuation of the previous paragraph. The ability to grow, adapt, and acquire new skills is a must for a leader. Learning from your mistakes is another thing. Everyone makes mistakes. Leaders do as well. However, accepting your failures and learning from them is important. Do not let ignorance take hold of you.

7. Straightforwardness

Sometimes, team members can make a mistake. Do you have it in yourself to show them their fault? Can you reprimand or fire someone if the need arises? You are responsible for your team, remember? If someone jeopardizes its future, you must deal with this person. You cannot play only a good cop here. 

8. Humility

Can you bide your mistakes? Can you ask for help from your fellow team member? Your ego and pride should not stand in your way. You are not some infallible machine that should perform flawlessly. You cannot know everything. A team works as one, and you are a part of it – ask for advice or support when needed.

 

9. Approachability

Other team members should not fear coming up to you. If they are afraid of reaching out, you have a lack of trust. It might lead to secrets and unspoken words. Secrets are bombs with a long fuse, of which you do not know. To avoid that, you need to establish an open-door policy. Work on your relationship with the team: your leadership depends on it. 

“The price of greatness is responsibility.” – Winston Churchill

10. Self-care

The final point is all about yourself. To be the most effective, you should care about your well-being. Your physical and mental health are the fuel of your energy. You cannot be optimistic, think a few steps ahead, make decisions, and be an inspiring example for others when your mind and soul are in the wrong place. 

We often tend to forget about the need for rest and recreation, joy and happiness while pursuing our professional growth. There should be enough sunlight and alimentation for a plant to grow. There should also be enough good things for you to live on and succeed. 

Congratulations, if you have all those traits within yourself. You should be good at leading others. If there is something you lack, do not get upset – everything can be learned and practiced to perfection. Look it up on the internet. You can find all the answers there. 

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Marie Barnes

Marie Barnes is a Marketing Communication Manager at Adsy and an enthusiastic blogger interested in writing about technology, social media, work, travel, lifestyle, and current affairs. She shares her insights through blogging. Follow her on Medium.

Related:

Leadership Traits – List of Top Qualities of an Effective Leader (corporatefinanceinstitute.com)

 


If You Want to Be a Successful Entrepreneur, Take Note of These 7 Lessons

While everyone seems to have a good business concept, few ever execute their ideas successfully.
If You Want to Be a Successful Entrepreneur, Take Note of These 7 Lessons
By: Alejandro Saracho

One of the main objectives of creating a business is related to the generation of wealth: for the environment, for society, and for the business owner.

The generation of wealth is related to money and its correct management. Many entrepreneurs start their business as operators or technicians and never delve into money management. That makes their businesses stay small or not survive over time.

That is why I decided to write this article entitled “7 secrets of money to undertake successfully”:

1. Entrepreneurial Mindset

Many people think that all they need to start is a good idea. Unfortunately, it is not like that, good ideas abound everywhere and are destined to die if you do not have an entrepreneurial mindset.

Creating a new business requires hard work, high tolerance for frustration, being willing to carry on when it seems like all is lost, implementation, implementation, and more implementation. But above all, it requires an obsession to achieve your dreams, more than an obsession to generate money.

If you look for money, your chances of success will decrease (because at the beginning you won’t have it). If you seek to transform people’s lives and make a change on the planet, money will come as a consequence.

So do you or do you not have an entrepreneurial mindset?

2. Viable Business Model

Most people who start a business become obsessed with their brand and their product, and this is one of the most common mistakes I see in entrepreneurs. Your brand and your product are worth nothing unless they show that they are capable of generating money.

  • First: you need to make sure that someone is willing to buy your product/service. Describe who your valuable customer would be, approach people who meet the characteristics, and see if they are willing to buy.
  • Second: you need to develop your business model — that is, know how to interconnect all parts of your business. You need to know how you are going to attract prospects, how you are going to convert them into customers, how you are going to produce and deliver your product or service, how you are going to charge, and how you are going to pay. When you have it assembled, you will realize that your model requires money to function. Those are your costs and your expenses.
  • Third: you need to make your financial statements or your numbers and make sure that your business is profitable and scalable. You find profitability when you calculate your sales minus your costs and minus your expenses. You find scalability when you validate that there are many people who meet the characteristics of your valued customer, that you can serve them through your business model, and that you have enough money to start and maintain it.

If you meet these three points, we can say that your business is viable. If you realize that it is not, you can adjust your business model as long as you validate that someone is willing to buy what you offer.

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3. Absolute Austerity

One of the mistakes people make when starting their business is that they buy and overspend. They look for the best computer, the best offices, the best car or they use their money on things that are not directly related to generating sales.

A principle that Carlos Slim uses that I highly recommend is called Absolute Austerity. When you buy something, make sure that it is directly related to the generation of sales.

If you need a computer, ask yourself which computer meets your basic needs (not which one meets the needs of your ego). And ask yourself, if I buy a more expensive computer, will this increase my sales?

4. Cash Flow

Cash flow is the gasoline that drives businesses. Many businesses that are highly profitable (that is, that generate profit), die because the entrepreneur or business owner did not know how to manage their cash flow.

There are three levers that I recommend to manage your cash flow well:

  • The first: charge before and pay later. In this way, you can finance your business with the money of your clients, instead of you becoming their bank.
  • The second: handle low inventories. One of the places where your money gets stuck is in inventories if you have too much of it. Try not to give in to the temptation to buy too high a volume for a discount.
  • The third: reserve of protection. Try to have enough backup money to pay for one to two months of business. There are always fat cows and skinny cows. When you don’t have the money to pay for the lean operation, a profitable business ends up going out of business.

5. Reinvest Your Profits

One of the temptations of the entrepreneur is to spend his earnings as soon as they arrive. My suggestion is to reinvest them in the same business. You can use them to attract more prospects with marketing and sales or to streamline your operation and lower your costs and expenses.

Until when should you reinvest your earnings? Until you have reached a good critical mass and the business can operate even without you.

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6. Plan Your Transition

One of the questions that I get asked the most is: when is the right time to quit my job and dedicate myself fully to my business?

The answer is when your business is able to generate enough money (consistently and constantly) to replace the salary that your work generates.

It is important to plan the transition with clear goals and objectives. In such a way that you say: in six months the business must leave me this amount of money. When I reach this amount of money I will quit my job. This way you will know where to focus and when the transition will occur.

And I know that many entrepreneurs are kamikazes and are willing to quit right now.

Can you do it and achieve it successfully? Of course. However, if you want to avoid or lessen the impact of entrepreneurial trauma and emotional crises, I recommend planning your transition.

7. Continuous Learning

This part is essential for any entrepreneur. You need to be willing to continually learn if you want to be successful. If you don’t like learning, maybe entrepreneurship is not for you because, in a short time, you will become obsolete and the business will end up failing.

Now, there is a type of education for every purpose.

  1. If you want to learn to be a better collaborator in a company, you need to consider academic education (such as masters, diplomas, specialties).
  2. If what you want is to learn how to generate better results in your business, what you need is focused education (such as conferences, seminars, workshops).

The difference between the two is that the first gives you a lot of theory (and takes a lot of time) and teaches you how to run someone else’s business and the second teaches you implementable principles (in a short time) and teaches you how to run your business.

What is the first thing that I recommend you learn? To manage your money. To manage your personal finances.

Business money is a reflection of how you handle your money. If you learn to do it, you will achieve that your business generates sustainable results.

Related:

30 Ways to Become a More Successful Entrepreneur (neilpatel.com)


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How To Face Fear and What It Means to Grant Cardone

What Does FEAR Mean To You And How Do You Face It?

What does FEAR mean to you and how do you face it?  Everyone feels fear. I do. You do. Everyone. The only difference is how we each react to fear. I’ve always thought that fear has two meanings which sum up the two basic ways people deal with this unique and complicated emotional state. FEAR can mean:

Forget Everything And Run

Or it can mean:

Face Everything And Rise

The real key to overcoming fear and not letting it control you. It’s about not caring what people think of you.  It’s about not wanting to impress anyone but yourself. It’s about having nothing to prove to anyone. When you refuse to let fear control you it becomes possible to do what you want as you pursue your passions, your desires, and your goals.

I’ve felt fear in all forms. I have even been afraid for my life as I was being pistol-whipped by a drug-dealing thug.  Meanwhile, you’re afraid of what? That you’ll fail? That you’re not good enough? That you’ll look stupid? That people will laugh at you?

Been there. Done that. So what? People ain’t laughing at me anymore.

What would your life be like if you never gave in to fear? What would you be like as a person if fear didn’t have so much control over you?

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Look, I get it. Fear is wired into us and it serves a purpose. It keeps us alert and ready to handle any unforeseen situations. However, it does not necessarily exist simply to motivate you to run away. You all know the expression “fight or flight”. Both come from fear and since both are an option, I’ll choose “fight” every time.

Why? Because I choose to. Because I can. Because what’s the worst that can happen?

If I fail I try again. If someone says “no” I keep asking until they say “yes”. 

What Does FEAR Mean To You

I’m telling you that it is possible to conquer your fear so you can do what you love, make a massive impact, while having control over your income and your life but more importantly, I’m gonna show you…at the boldest, baddest most exclusive, action-packed 10X Growth Conference we’ve ever held. 

I know that last year caused people a lot of uncertainty and yes, fear. The media sure didn’t help. But the people who didn’t give in to fear, like me and my 10X team, instead of running away or pushing the panic button, created opportunities and actually succeeded. I’m not bragging when I say we crushed it in 2020. I just want you to know that even in a time where fear is everywhere it’s possible to succeed. 

I can show you how when you join me at the 10X Growth Conference which is now sold out but you can still attend on-line.

Now just so you know, I’m going to push you outside of your comfort zone. I will show you how to achieve goals you never thought possible. 

I am going to make you realize that you’re capable of so much MORE than you’re doing right now if fear was not holding you back.

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Does the thought of starting something completely new and unknown scare you?

Do you have doubts that you can really do this?

Are you worried about failure?

GOOD!

Being scared is perfectly acceptable. Letting that feeling keep you from achieving your potential is not. 

What Does FEAR Mean To You

Wherever you are in the world, whatever experience you have, whoever you are, however old you are, the 10X Growth Conference can not only elevate your professional life and your financial situation but your confidence as well. Confidence is the light that eliminates the darkness of fear and the cool thing is that confidence multiplies on its own with every accomplishment.

We all have to decide if we are going to let fear win or will we say “ENOUGH!”

Enough playing for peanuts! Enough settling for average. Enough living to please others.

Enough allowing fear to determine the course of your life.

Instead,  become the 10X badass you were meant to be. Join me at the 10X Growth Conference from wherever you are and you’ll see that there is safety and success in numbers…with nothing to fear.

-Grant

Related:

 

 

For more information on how you can be a part of the world’s biggest sales, marketing, and business conference click here for more information on the 10X Growth Conference.

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Reddit Raiders Have Exposed The Blatant Fraud On Wall Street

The Group Known as the Reddit Raiders are Using Companies Like Game Stop to Show The Public That Wall Street and The Stock Market Is Nothing More Than a Ponzi Scheme.

Creve Coeur, Missouri USA, February 02, 2021/MEK Enterprises Blog/By: Jeffrey L. Klump


“Con-fidence”- the state of feeling certain about the truth of something. Firm trust. 

They go by the name of Wall Street Bets. They are better known as the Reddit Raiders.

The Reddit Raiders are an online forum under the name of Wall Street Bets on the social media site Reddit.

No one really knows much about the Reddit Raiders but they appear to be a group of U.S. citizens that are tired of the fraud of Wall Street going all the way back to 2008.

Millions of Americans were forced out of their homes back in 2008 thanks in large part to the mortgage industry, the Federal Reserve, and of course Wall Street.

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Many Americans were affected by the 2008 collapse in the financial markets and they never forgot that the bankers got billions in bailout money while main street Americans were forced out of their homes.

No banker ever went to jail. No one from Wall Street spent time in prison.

Nothing was ever resolved from 2008. The private central bank known as The Federal Reserve printed trillions in bonds to paper over the problem. This debt that was issued by the Federal Reserve Bank will never be repaid and everyone knows it.

“The Con Works, Until It Doesn’t”

Jeffrey L. Klump

Fast forward to just a couple of weeks ago and most people never heard of Wall Street Bets or their number one long position in a company called Game Stop.

Game Stop is a brick and mortar company that sells video games and accessories. The company was a dog stock priced at around $2.80 a few weeks ago, and going nowhere.

Then, The Reddit Raiders stepped in after finding out several large hedge funds were short the stock. The Raider’s started to buy large amounts of Game Stop, and last week, the stock hit an all-time high of $496.00 per share. Fortunes were made by some, but the big hedge funds, some of which, were tied to Wall Street were bleeding badly.

Billions were being lost by some of these big hedge funds including Melvin Capital.

Melvin Capital is run by some snot nosed punk named Gabe Plotkin.

Plotkin was busy in South Florida buying up a couple of “tear down” properties when he got the call that he lost half of his net worth. Oops. Not a good time to invest in real estate.

The Reddit Raiders were primarily using a brokerage firm known for its zero cost trading, called Robin Hood.

Robin Hood is also in trouble financially from all of this trading caused by the Reddit Raiders.

What this all comes down to is this. Wall Street has been orchestrating a fraud on the American people, primarily through the U.S. stock market & bond market, for decades, and a group of citizens decided to expose the blatant fraud on Wall Street.


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Wall Street and its friendly neighborhood regulators decided to halt trading in stocks like Game Stop until their friends in the hedge fund business could receive capital injections so they would not collapse.

If you or I lose money on a business venture including investing in the stock market, we do not get bailed out. Wall Street hates the little guy and is always out to screw retail investors.

The Wall Street banks and their friends in the hedge fund community don’t like to lose money, so they don’t. They only get to make money at everyone else’s expense.

“Wall Street is a casino and the house always wins”

Jeffrey L. Klump

Remember what comedian George Carlin said. ” It’s a big club and you ain’t in it”.

Along with staying in stocks like Game Stop and AMC Theaters, the Reddit Raider’s next big move is in the silver market.

Silver prices have gone up more than 10% since the Raiders started talking about destroying the short-sellers like JP Morgan Chase, late last week.

Physical silver is almost impossible to find right now. Dealers and suppliers have been cleaned out.

The Reddit Raiders have their work cut out for them when it comes to destroying the short sellers in the silver market.

The silver market is big and the biggest short seller on Wall Street in silver is JP Morgan Chase. They also happen to be the largest U.S. bank.

JP Morgan has unlimited funds since it is tied directly to the Federal Reserve.

This will not be easy for the Raiders, but the American people are already paying attention and buying tons of physical silver.

If the Reddit Raiders are successful in doing to the silver market what they did to Game Stop and AMC Theaters, you will see regulators step in and shut down the markets temporarily.

Shorting silver is tied to keeping the U.S. dollar stable and as the world’s reserve currency, trustworthy.

The Federal Reserve will do whatever is necessary to make sure the Reddit Raiders are not successful.

So, what is the message the Raiders are sending to Wall Street and their hedge funds? “Yippee Ki Yay, Mother Fuckers!”.

Whoever the Reddit Raiders are, they mean business!

Jeffrey L. Klump is a writer, blogger, researcher, and work from home business opportunity specialist. Click here to contact me. 

 

 

 

 

 


 


Related:

Yes Virginia, the system is clearly rigged | by omid.malekan | Jan, 2021 | Medium

Yes, Virginia, The System Is Clearly Rigged | ZeroHedge

Goldman Sachs says this is the biggest short squeeze in 25 years, with shorted stocks up 98% (cnbc.com)

Silver prices are surging but users on WallStreetBets say they’re not behind the rally – CNN

Silver Prices Jump in GameStop-Like Frenzy – WSJ

Reddit raiders swarm silver stocks as GameStop, BlackBerry retreat | Reuters

How To Survive The Upcoming Hyperinflation Predicted By Michael Burry