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10 Things Only People Who Have A Good Boss Would Understand

10 Things Only People Who Have A Good Boss Would Understand

The people we work with on a daily basis have a tremendous influence on our productivity and satisfaction. More than any other person, your boss shapes your daily experience. For example, your company may boost of family friendly policies but it is ultimately your boss who can approve your flexible schedule.

Our culture is filled with examples of bad bosses – Dilbert cartoons, Bill Lumbergh from the classic movie “Office Space” and the bluntly named 2011 film, “Horrible Bosses.” Our obsession with the effects of bad bosses means excellent managers and leaders truly have the chance to shine. If you have a great boss, you’ll be nodding and smiling as you read this article.

1. Communication is strong and positive

The quality and quantity of communication you have with a good boss is fundamental. A good boss knows how to run a meeting, communicates bad news in a professional manner and provides regular feedback to all staff. When you have a good boss, you are never left wondering about their plans or when the product is due for a launch. From time to time, the boss may have keep certain information confidential but good bosses seek to minimize secrets as much as possible.

2. Good bosses encourage people to grow their skills and leadership

The drive for learning, mastery and growth are important drives for knowledge workers. A good boss regularly looks for ways to help their staff grow with a variety of methods. They may ask their staff to undertake highly challenging work. A good boss may ask a junior person to present to senior management so they can develop their management skills.

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A good boss is never threatened by the growth and capabilities of their team. For example, George Washington’s first administration included John Adams and Thomas Jefferson, men who would go on to become President themselves. Managing a team of star performers is challenging but good bosses are up for the challenge.

3. Good bosses have low staff turnover

According to Gallup researchers, the performance and support provided by one’s immediate supervisor is the top predictor of staff turnover. Support includes providing staff with the right equipment to get the job done and advice on how to solve challenging problems. If you look around your department and see that most people stay in the department year after year, then you are probably blessed with a good boss. In contrast, a bad boss never takes responsibility for high staff turnover rates.

Keeping staff turnover low isn’t simply good for morale – it also saves money. Gallup reports: “It’s generally estimated that replacing an employee costs a business one-half to five times that employee’s annual salary.”

4. Good bosses are pro-change

A good loss takes an active role in shaping change. Rather than obsessively seeking to preserve the status quo, a good boss understands that change is a reality. They are optimistic about change and look for new opportunities to serve more customers, improve productivity and increase quality. After all, the business world is constantly changing so a good boss needs

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Good bosses embrace change by seeking input from their staff. For example, a good boss at a bank will look at a development like Apple Pay and look for ways to change. They may ask their software developers to improve the bank’s mobile app or ask their customer service team to study Apple’s product and come up with recommendations. In any case, good bosses embrace change and look for ways to grow.

Tip: Learn How to Lead Change in Your Organization: sooner or later, everyone has to develop the capacity to handle change.

5. You enjoy a gossip free workplace

Gossip eats away at teamwork, job satisfaction and productivity. That’s why good bosses do not tolerate this kind of behavior (in fact, you never hear them gossiping!). Instead, an effective manager encourages you to speak directly with the person and seek a solution. Otherwise, the problem or controversy that triggered the gossip will only get worse. Good bosses are proactive in preventing gossip because gossip is associated with workplace bullying according to the Kansas City Star.

Tip: How To Stop Negative Gossip In Office.

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6. Good bosses welcome questions

Making a success in the business world is tough. That’s why good bosses are open to questions from their staff. After all, if you are confused or unclear on how to complete work, the whole organization will suffer. Michael Hyatt, best selling author and former CEO of Thomas Nelson Publishers, offers suggestions for asking more powerful questions. Bringing excellent questions to the table marks you as a top performer.

7. Good bosses attract talented people

A good boss’s reputation spreads quickly. Of course, money matters in career decisions yet it is not the only motivation to consider. A good boss attracts outstanding job applicants. With so many negative or ineffective managers in the world, working for a good boss is a major attraction. You can observe this principle in action in large organizations where people are enthused about joining your department.

8. Good bosses handle problems professionally

Disappointments and problems are a reality in the modern workplace. A good boss resists the urge to scream and panic. Instead, they follow a problem solving strategy to respond to the situation. For example, if a supplier is late with a shipment, a good boss will ask for your opinion and help you to come up with new ideas. In contrast, a bad boss is likely to become irrational and angry in that situation.

Not sure what kind of boss you have? Think about the last few times you made mistakes at work – how did your boss react? If you encounter screaming and tremble in fear, it may be time to search for a new job.

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9. Cooperation is encouraged (not cut throat competition)

Some companies and departments are driven by fierce competition. People are so busy meeting deadlines and making sales quotas that they have no time to help others. Even worse, there are some organizations where competition is highly prized that people sabotage others. Good bosses promote and understand the value of cooperation. They lead creative brainstorming sessions and set goals for the entire team. By setting this cooperative tone, a good boss makes it easy to ask for help and support.

10. Staff are excited by the goals of the organization

Google’s mission statement is “to organize the world’s information and make it universally accessible and useful.” That’s an exciting mission! When your boss provides clear and exciting goals, it is much easier to get through long days of struggle and frustration. Even if the top leadership of the organization has unexciting goals, a good boss can still create excitement by creating new goals.

Featured photo credit: Darth Grader/JD Hancock via flickr.com

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Bruce Harpham

Bruce Harpham is a Project Management Professional and Founder and CEO of Project Management Hacks.

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Last Updated on October 18, 2018

10 Key Characteristics of a Highly Successful Entrepreneur

10 Key Characteristics of a Highly Successful Entrepreneur

When it comes to starting your own business and pursuing your dream of becoming an entrepreneur, it can be advantageous to go all in and embrace the flexibility of finally quitting your day job.

Keep in mind, though, that it takes a special kind of person to take the business world by storm: a person who has cultivated the key characteristics of entrepreneurial success.

People with these characteristics are likely to succeed, whereas people without them have difficulty moving forward with even the most brilliant business ideas.

These characteristics of an entrepreneur are so important that I’ve decided to cover all 10 of them in detail so that you can start your business with your best foot forward.

1. Successful Entrepreneurs Practice Discipline

Plenty of business experts claim that you can’t get anywhere as an entrepreneur without vision or creativity, but that’s simply not the truth. Instead, the one quality that no entrepreneur can be successful without is discipline.

To build an idea into a business, you have to have the discipline to spend time slogging through the least fun parts of running a business (like the bookkeeping), rather than taking that time to do something fun.

Andrew Carnegie, one of the most financially successful Americans of all time, grew up working dull and difficult jobs in factories. Despite going to bed hungry some nights, he continued doing his best work. He was eventually hired by a railroad company and continued to move up the ladder until starting his own successful businesses. Carnegie is a fine example of an entrepreneur dedicated to discipline and hard work. He truly earned his dreams of prosperity and success.

When you’re the boss, there’s no one to keep you at work except yourself — and there’s no short-term consequences for skipping out early.

Sure, if an entrepreneur plays hooky enough he knows that the business just won’t happen, but it’s very hard to convince someone that ‘just this once’ won’t hurt (and to keep ‘just this once’ from becoming a daily occurrence).

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2. Successful Entrepreneurs Keep Calm

Things go wrong when you run your own business.

Most entrepreneurs go through crises with their businesses — and more than a few wind up with outright failures on their hands. But when you’re responsible for a business, you have to be able to keep calm in any situation. Any other reaction — whether you lose your temper or get flustered — compounds the problem.

Instead, a good entrepreneur must have the ability to keep his cool in an emergency or crisis. It may not make the problem easier to solve, but it certainly won’t make it harder.

Honestly, losing your calm is a quick path to becoming the kind of person who gives up in the face of adversity. Instead giving in to frustration, remember classic entrepreneur Benjamin Franklin.

Franklin kept his calm as he experimented and tweaked his inventions again and again in pursuit of success. He didn’t give up during his many failures – he chose to innovate. You can choose innovation, too.

If an entrepreneur can handle failure without frustration or anger, s/he can move past it to find success.

3. Successful Entrepreneurs Pay Attention to Details

Restricting your attention to the big picture can be even more problematic than ‘sweating the small stuff.’

As an entrepreneur, unless venture capital has magically dropped out of the sky, a small expense can be a killer. It’s attention to detail that can make a small business successful when it has competition and it’s attention to detail that can keep costs down.

Attention to detail can be difficult to maintain — going over ledgers can be tedious even when you aren’t trying to pay close attention — but keeping your eye on a long-term vision is just asking for a problem to sneak in under a radar.

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After a business grows, an entrepreneur might be able to hire someone to worry about the details. In the beginning, though, only one person can take responsibility for the details.

Skeptical about the importance of details? Look no further than Howard Schultz, who grew a small coffee shop called Starbucks into one of the most globally successful coffee businesses in the world through his extreme attention to detail.

He is famous for taking all aspects of growing a business into account, paying attention not only to financially smart business decisions, but also focusing on socially responsible business decisions. Details can take you far.

4. Successful Entrepreneurs Embrace Risks

No entrepreneur has a sure thing, no matter how much money s/he stands to earn on a given product. Even if a product tests well, the market can change, the warehouse can burn down and a whole slew of other misfortune can befall a small business.

It’s absolutely risky to run a business of your own and while you can get some insurance, it’s not like most investment options. Even worse, if something does go wrong, it’s the entrepreneur’s responsibility — no matter the actual cause. In order to deal with all of that without developing an ulcer, you have to have a good tolerance for risk.

You don’t need to channel your inner frat boy and take on absolutely stupid risks, but you need to know just how much you can afford to risk — and get a good idea of how likely you are to lose it. If the numbers make you uncomfortable, the risk is too great.

Embracing risks is essential for growth and additional success, as well. Walt Disney, for example, could have stayed comfortable with his advances in the film and animation industries, but decided to expand his brand with a new dream: a theme park that soared above the competition. Without taking this risk, the incredibly successful Disney theme park empire would never have come about.

An entrepreneur has to be willing to accept pretty big risks, with some level of comfort.

5. Successful Entrepreneurs are Balanced

You can take any characteristic too far. There’s a point at which attention to detail can become obsession or calm can become unemotional response.

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As an entrepreneur, you have to be able to balance your characteristics, getting the most of them without going over the edge. But balance for an entrepreneur goes far beyond keeping your characteristics in check, though.

Just as an entrepreneur doesn’t have a boss to keep them at work when necessary, they don’t have one to send them home when they’re done. If you are working for yourself, you have to decide how to balance your work and home life — and if you have a day job to add into the equation, balance just gets more complicated.

Oprah Winfrey, one of the most successful and influential entrepreneurs out there, understands the importance of balance. Winfrey has a lot going on; she runs her own media kingdom, acts, produces films, publishes print, and more. In an interview with Fast Company,[1] she talks about her efforts to balance priorities and self care, saying that she must ask herself what is truly important in each limited day.

You may or may not have as much on your plate as Oprah, but learning how to balance whatever you have going on in life will certainly help you farther along down the road as you learn to be a great entrepreneur.

6. Successful Entrepreneurs are Passionate and Motivated

In order to develop any of the above characteristics, you must have a foundation of passion. Staying disciplined day after day during the building of your business takes unrivaled motivation.

Before you start any business, ask yourself if you can sustain true excitement about your idea during even the darkest days ahead of you. If the answer is yes, then good for you! Nurture your natural motivation by taking these action steps throughout your business journey:

  • Commit to making short and long-term goals. Check in with them often to stay on task.
  • Have a plan in place for the inevitable days when you feel discouraged. Make a list of things that will help keep you motivated and focused.
  • Share your ideas with trusted individuals who are just as excited as you are. They will help keep your enthusiasm rolling even when you are feeling down.

By being prepared for apathetic days and holding fast to your authentic passion, you can actually enjoy your journey to success.

7. Successful Entrepreneurs Adapt

Remember this one word: flexibility. Seasoned entrepreneurs know that change is not only a part of life, but also a part of the business world. Expect change and choose to adapt.

As a new entrepreneur, it will be tempting to cling to your original business plan with no exceptions, even if you notice it isn’t working. Good entrepreneurs know that it’s okay to make smart, informed changes in order to ensure efficiency.

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8. Successful Entrepreneurs are Marketing and Sales Experts

No matter what kind of business you are starting, a knowledge of marketing and sales will save you many headaches. A passion for creating a beautiful handmade lifestyle product is not enough to run a successful lifestyle brand; it is critical that you understand key business principles in addition to your natural skills or great product line.

Not sure how to start? Taking business courses is a great idea, but you can also easily brush up on sales and marketing through free online resources. Check out these 10 Sales Skills Everyone Should Master To Be Successful to begin now.

9. Successful Entrepreneurs Have Strong Money Management

Along with sales and marketing skills, money management is a very useful tool in the box of the entrepreneur. Understanding how to best manage your money can be the difference between early success and early failure in the business world.

If money management isn’t your strongest skill, prepare to hire a financial expert to help you with any tricky business that comes up. Financial guidance and knowledge is never a bad idea.

10. Successful Entrepreneurs Ask Questions and Continually Improve

Pride is a natural human quality, but it’s important to humbly conduct some constructive criticism every now and again on both yourself as a leader and your new business as a whole.

Assess how things are going and be willing to make positive changes if necessary. Here’re 15 ways to cultivate lifelong learning.

If you are always improving, then how can you ultimately fail?

The Bottom Line

Let me remind you of one important fact: the qualities of an entrepreneur listed here are not exclusively available to some people and elusive to others.

Although some people may have natural strengths and weaknesses, these qualities can be learned by anyone interested in taking up the entrepreneurial challenge. It might not be easy to change old habits, but it is absolutely possible to cultivate these characteristics in yourself.

Whether you’re a business owner or an aspiring entrepreneur, with hard work, you can train yourself to develop the qualities that truly determine the entrepreneurial spirit and future success.

Featured photo credit: Unsplash via unsplash.com

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