A good leader is a person who takes a little more than his share of the blame and a little less than his share of the credit.
Have a growth mindset.
Effective leaders and decision makers understand that a growth mindset is critical to achieving one’s goals and objectives. They recognize they might not have all the answers. They will approach problems with an open mind, refraining from making assumptions, and use questions to either confirm or reject what they objectively observe. Having an open mind is beneficial because it allows leaders to continually discover new information
Effective Planning (Not Over-Planning) Skills
Leadership is about building a business from scratch while managing limited resources (including time, money and personal relationships), which requires planning. However, trying to plan for everything and having a ready solution in place for all possible issues may prevent you from ever taking the first step. Successful entrepreneurs have a business plan in place, but remain capable of dealing with unforeseen possibilities.
The Right Connections
Many people seek comfort in commiserationfriends, colleagues and neighbors are happy to complain about "the global slowdown," poor demand, or unfair competitionbut that won’t improve the bottom line. Successful leaders reach out to mentors with more experience and extensive networks to seek valuable advice. If they don’t have the necessary technical or marketing skills, they find someone who does and delegate these tasks so they can focus on growing the business.
Ability to Question Themselves But Not Too Much
You may ask yourself, am I a leader? The very question may make you doubt the answer. Even if you don’t have the flair of Steve Jobs or the hair of Elon Musk, if you have the courage to ask yourself intimidating questions"Can I do this? Do I want to do this?"you have the stuff to be a leader.
Strong Money Management
It takes time for any venture to become profitable. Until then, capital is limited and needs to be utilized wisely. Successful leaders plan for present and future financial obligations and set aside an emergency fund. Even after securing funding or going fully operational, a successful leader keeps a complete handle on cashflow, as it is the most important aspect of any business.