An entrepreneur focuses on starting a business, while leaders tend to be focused on keeping a business going.  The entreleader is a combination of entrepreneurs and leaders. They lead a start-up company to grow into a thriving business.

The EntreLeader

… growing leaders was too refunded and calm for me, but growing entrepreneurs was too wild and chaotic for me. So I decided we needed to grow a combination of the two … and thus the EntreLeader was born.”

Every EntreLeader recognises the importance of earning the respect of employees. If you treat your employees with respect, they’ll repay you with loyalty and productivity. <ul><li>Reward your staff accordingly for their work. Rewarding your team fairly will make them feel appreciated and motivated.</li><li>Staff incentives like commissions or profit-sharing will make them even more motivated.</li></ul>

Compensate your employees fairly

"EntreLeadership is defined as the process of leading to cause a venture to grow and prosper."

Debt weakens your company and puts it at risk of failure. Unfortunately, the majority of small companies fail because of cash flow problems. Create an emergency fund to avoid the temptation of going into debt. Save extra cash to cover your business or yourself in times of unexpected difficulties.

Try to avoid debt. Ensure you have an emergency fund.

Without a clear plan for what you want to accomplish, you will not achieve your goal. A simple to-do list can keep you on the right path. When you look back to the tasks completed, you will see that you’ve done a list of meaningful tasks.

Prioritise to-do lists

Your dream is the start of your business’s success. But you also need to ensure that you’ve set a clear plan for achieving it. <ul><li>For dreams to become a reality, we need to divide the vision into clear goals on what to achieve. Using Management by Objectives, or MBO can help to keep your team on the right path.</li><li>Decide on the type of goals with each team member, then create a clear deadline for the goal.</li><li>Accountability is essential.</li></ul>

Create a clear plan for realising your dream business

An essential part of your business is a good marketing strategy. However, forming a strong marketing strategy is a learning process. You might not succeed initially, but you can learn from your failures and adapt your strategy accordingly. By doing that, you will keep getting better.

A great marketing strategy

A good sales team will convince your customers to buy your product. Sales are not about tricking people into buying your product. It is about giving people a positive experience by showing them that you care about their needs and providing appropriate information about how you can fulfil those needs. If you can earn their trust, it is more likely that they will become a customer.

The sales team

How to build and grow a successful business.

Offers advice on growing a business, including setting and attaining goals, time management, and operating debt free.

entrepreneurship

Entrepreneurship

business

Business

books

Books

leadershipandmanagement

Leadership & Management

From the New York Times bestselling author of The Total Money Makeover and radio and podcast host Dave Ramsey comes an informative guide based on how he grew a successful, multimillion dollar company from a card table in his living room. Your company is only as strong as your leaders. These are the men and women doing battle daily beneath the banner that is your brand. Are they courageous or indecisive? Are they serving a motivated team or managing employees? Are they valued? Your team will never grow beyond you, so here’s another question to consider—are you growing? Whether you’re sitting at the CEO’s desk, the middle manager’s cubicle, or a card table in your living-room-based start-up, EntreLeadership provides the practical, step-by-step guidance to grow your business where you want it to go. Dave Ramsey opens up his championship playbook for business to show you how to: -Inspire your team to take ownership and love what they do -Unify your team and get rid of all gossip -Handle money to set your business up for success -Reach every goal you set -And much, much more! EntreLeadership is a one-stop guide filled with accessible advice for businesses and leaders to ensure success even through the toughest of times.

DAVE RAMSEY

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