If you're an aspiring entrepreneur, you've probably familiarized yourself with the habits of highly successful people. After all, online publications like Inc. understand that stories featuring these habits tend to get a lot of traffic, so we devote whole sections of the site to them. I myself have to be careful not to spend too much time getting caught up in these stories, because the adventures of great entrepreneurs can be addictive and time consuming.
As you go about your day copying the behavior of successful people, you might have to ready yourself to say a few things you wouldn't have necessarily expected. Here are three things you should prepare yourself to articulate, just as all successful CEOs say on a regular basis.
1. "What do you think?"
Asking your team of employees for their opinions and thoughts on a subject can build your strengths (as well as theirs) as well as showcase your leadership. Asking for their thoughts shows your employees that you care about what they are thinking and also indicates that you trust their experience.
Your employees are likely to have a very unique perspective and will see things in a way that possibly greatly differs from you. Additionally, taking the time to ask for their thoughts can show employees that they have earned your trust and respect, helping to nurture a trusting long term relationship. Asking for their perspectives and implementing new ideas is also a great way to show that you are proud of your employees. However, don't let that be the extent of your willingness to acknowledge these contributions. Be verbal with your praise. Say that you're proud of them as even a small recognition can be a fantastic boost to self-esteem and work ethic.
2. "You can do it."
Encouragement can have a phenomenal impact on your employees. Don't be one of those managers who doesn't provide encouragement. This practice can help an employee to work through their tasks and shows that you believe in their skills and abilities. This confidence raises esteem and increases accomplishment.
You can take this encouragement further by asking for help when you are struggling with areas outside of your comfort zone. Many employers feel that asking for help is beneath them, but it is another great way to show your trust and confidence. It also shows your employees that you value their skills and work.
The simple phrase "you can do it" from a manager or boss can have a massive impact on a team member, boosting their confidence and encouraging them to speak up when they have new ideas. This can build a healthy atmosphere of creativity and innovation in your organization, which is likely to increase your enterprise's odds of success.
3. "I made a mistake."
There are times when your employees offer ideas, and you decide to go with your own idea. If you find that your idea didn't pan out, you need to be big enough to admit you made a mistake.
Even highly successful CEOs have admitted they have made mistakes along the way. For example, Richard Branson has never been afraid to take risks, but he has acknowledged that introducing Virgin Cola was a big mistake. The beverage was originally available exclusively on Virgin planes and in Virgin Cinemas. However, the market share for the drink peaked at just 0.5 percent while it was available for three years in the United States. Worse still, producers in the United Kingdom went out of business in 2012. Although Virgin was a big enough company to shoulder these losses, they would have been the end of many a businesse. Branson made the mistake and has said that he hopes to never make one of this type again.
By acknowledging a mistake publicly, you can gain the respect of team members. You can also demonstrate that's it is okay to make a mistake while at the same time illustrate how to learn from it and correct any issues.