2 Minutes Business Articles
Title: Why Entrepreneurs Fail 2
(Learn From The Butterfly)
Over the years, research has shown that when someone is appointed to a higher leadership role, they have a 40 percent or more possibility of demonstrating disappointing attitude and performance. Also, 82 percent of newly appointed leaders don't succeed because they fail to build partnerships with peers and subordinates.
Why Entrepreneurs Fail:
3. Lack of Leadership Skills:
Developing Leadership skills for an Entrepreneur is as important as a butterfly getting out of it's cocoon else it will never fly.
The butterfly undergoes four stages in it's life circle; The Egg, Larva/Cocoon, Chrysalis and Adult.
This is due process. That is the way nature has programmed the butterfly to emerge. And to attempt to circumvent any of the level is to never become a butterfly Or fly.
The flight of many leaders/entrepreneurs is stunted because so many of us try to fly at the larva level when we should still remain in the cocoon/preparatory level. And, the preparatory level never ends as every high level of leadership prepares you for a higher one.
The cocoon protects the caterpillar; learning, working, and walking with your peers and subordinates protects you and helps you to reach your full potential as a leader/entrepreneur.
Leadership Skills To Consider:
- Respect Others - Empathise - Don't Do Divide and Rule - Don't Define Yourself By Your Position - Be A Team Player.
Action Plan: Look for one leadership weak point in your life that can make all the difference and work on it.
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