7 Keys to Lead your Business to Better Results

Business owners can struggle to get quantifiable results for their businesses. They work long hours, sometimes not even getting enough rest or time off.

How can I take my business to the next level? How can I improve my business results? These are common questions asked by business owners who may eventually feel frustrated about their growth. They are exhausted after working endless days. Sometimes they might even question whether continuing their business is a good decision.

  1. Determine relevant key goals for employees 

Create relevant targets for each employee or department that will help you attain quantifiable results. Help them understand what the business results should look like. Make them specific, clear, and measurable, and discuss this ahead of time.

  1. Set incentives for people to be driven on achieving results

You can achieve business growth by balancing both financial and non-financial incentives. Create an effective non-financial incentive to complement your financial incentives to help boost the energy and efforts of employees. Doing this helps employees understand that you are a person of your word, which increases their trust in you, and your charismatic influence over them.

  1. Spend time on creating and providing great customer experience

Look into your business growth strategies, including your customer’s journey. Their experience, from discovering your product or solution, and trying it out, all the way to post-sales plays a big part in how your business will retain and grow your customer base.

  1. Gain their trust

When trust goes up, it speeds up a lot of things and will help you grow your business. This applies to both employees and customers. Being a charismatic leader requires having the ability to build trust with others, which will speed up a lot of processes for your company.

How do you foster trust? Keep P.R.E.P. in mind. Praise, respect, empathy, and policies

Praise whenever there's an opportunity. It’s easy to overlook the positive aspects that need to be recognized. Take the chance to compliment a team member. Inspire and maintain a culture of gratitude in your organization.

Respect everyone. There’s no excuse to embarrass or overstep anyone in your group. Set an example of maintaining respect no matter the situation.

Show empathy to show you genuinely care for your people. You need to be aware of various viewpoints and feelings regarding particular decisions if you want to practice being more charismatic.

Review your employee policies and see whether you’ve put some rules in place that would restrict a person’s freedom to speak up or collaborate. Expectations for employee behavior should be outlined in policies, but they shouldn't be overly restrictive.

  1. Encourage open communication

Be a charismatic leader for your team by always keeping a line of communication open. What’s one way to find out if they’re currently comfortable talking to you? It’s when they can give you both negative and positive feedback.

  1. Make time for your family and business

Growing a successful business may entail missing family events, catching up with friends, or finding time for your hobby. This shouldn’t be the case while running a business, or else you could be missing out on important aspects of your life and feel burned out.

Optimize your work productivity by encouraging your people to take time off. Happy employees make a business thrive in this evolving economy.

  1. Find a support group

Business success is impossible without the help of others. Tapping others' expertise and talent to help you with your business is always a good idea. These people will make managing tasks easier and help you solve challenges. 

An example is how the Next Level Academy can create constant support groups for business owners from different fields. The community encourages personal growth and guides members to take their businesses a step higher.

Working long hours doesn’t always ensure you'll be able to move the needle. Your list of things to do will never end, so it’s best to always work smart about it. Practicing these key steps will eventually help you power through your business challenges and help you move forward.

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Further Reading