Eugene Chrinian discusses ten hints to succeed as a leader of a startup. Based on writing from Forbes magazine, Eugene Chrinian goes into the most important part of the success factor: hiring your employees.
1. Ten Hints to Succeed as a Leader of a Startup !
Startup AdviceIn a world where seven out of ten startups fail, it is crucial to understand and seek
as much knowledge on the topic as possible. According to an article recently completed by
Forbes, typically the biggest hurdle comes with hiring employees—finding motivation for them
and determining the dedication of the employees. To walk entrepreneurs through this process,
the author Edmund Ingham provided several helpful hints that have been found in noted
leaders.
First, a good leader must be fearless, or a business would never get off the ground. The author
also notes that people are inclined to follow those with guts—who are willing to take risks. It is
also important to be visible; leaders must not hide, as being seen by employees builds their faith
in the leader.. Along similar lines, engaging with employees also makes the entrepreneur
approachable. Get to know the employees’ hobbies and likes. Interact with them frequently,
confidently and positively. !
Good leaders aren’t afraid to delegate decisively; a line must be toed between expressing the
importance of the task, and the faith the leader has in the employee to complete the job
adequately. A good boss creates a culture; goals are set and are not wavered from. Thus
creating a message the staff can feel passionate about. As culture is created, morale should
never waver. !L
eaders must find a way to walk a line between having fun in the workplace and competing
within their market. As a startup, it is highly unlikely that the entrepreneur will be able to pay
their employees very much; therefore, it becomes crucial that a leader finds a means of
entertaining the employees, to prevent them from exploring alternative options. However,
competition is very important; a good leader strives to win every point. To do this, it can be very
valuable to always remain one step ahead. At the start of the company, the leader is inherently
ahead of the employees—in power, knowledge and experience. As the business expands, it is
important to continue analyzing every development, as a means of maintaining that authority. ! Finally, it is most important to remain relaxed and try to avoid paranoia. Startups and
businesses are a game, and it becomes crucial to play as well as is possible with heart, faith
and strategy.