Importance Of Leadership Development

“A leader is one who knows the way, goes the way, and shows the way”

John C. Maxwell

Being a business owner is more than just running your own business. It’s about being a leader. However, what is a leader without any leadership skills? As an entrepreneur, you may have realized the responsibility that lies upon your shoulders, but do you know which leadership skills can help you in your own personal success.

Why is the Development of Leadership Skills Important?

Having leadership skills will make you a better business owner and empower you to thrive and expand your business. The good news is that leadership is something you can learn and develop. However, there are a few essential skills. As a leader, there are five critical leadership skills that you should have.

Decision Making Skills

When you are a leader, it’s essential that you feel comfortable making decisions quickly. Fast and smart decisions that will help you shape your business. Every decision you make will influence every aspect of your business as well as its potential to grow. It’s vital that you can keep a calm mind and make decisions under pressure. Having a problem-solving attitude is also another crucial skill that you should develop as a leader.

Good Listening Skills

Being able to make fast and smart decisions is incredibly important. However, it’s also important to listen to feedback from the people who work with you as a good leader and listen to anyone who is somehow involved in your business, such as clients or readers on your blog. A great leader is someone who can hear others and implements their feedback to improve their business.

Good Communication Skills

Another leadership skill that you should be able to hold is how you communicate with others. Being a leader is not only about being the one in charge. You will also need to have excellent communication skills as you will need to interact with staff, partners, and clients. So being able to keep a professional yet translucent communication is required to maintain the right work environment.

When you share what your goals are with your team, you are more likely to achieve them. Being able to communicate is perhaps the foundation of any striving business.

Organized And Good Delegation Skills

While being a leader may cause you to work more than anyone else, that’s not what being a leader is supposed to be doing. A leader is someone who gives an example and who takes charge of the business while delegating to others what they need to complete and what is expected. There is only so much that you can do on your own, so it’s a fact that you need more people especially if you are ready to expand your business further.

Being Able to Learn From Mistakes

A mistake is not a failure. It’s a chance to learn something new or different. Our mistakes are also part of our development into our leadership skills. Having the skills to recognize that a mistake is an opportunity to learn something will only involve a bigger and better chance to make your business thrive. Accountability is vital in all workplaces. It would help if you established transparent expectations for what you desire out of your team and yourself.

This will help you to hold everyone (including yourself) for the outcomes they deliver. That also implies acknowledging when you make a mistake and how you react and resolve it. You are responsible for setting examples. Meaning that when you are in a leadership position, others pay attention to your attitude and actions, so it’s essential to set the right example. Otherwise, you may lose the credibility you build as a leader, entrepreneur, or business owner.

What Makes a Good Leader?

Leadership skills are an essential asset to have as a business owner, no matter how small or big your business is. Those leadership skills mentioned above are part of the foundation for any business. And as a business owner, you should consider what type of values you want to set up for yourself and your business. Anyone can be a business owner, but not many make great leaders. However, it’s possible to develop those skills.

The best way is to look for someone who can coach you and show you how to guide you towards being a highly professional and successful leader. Having someone who can help you identify and implement any skill that could be beneficial to your business is an investment that anyone who desires to become a successful business owner should carefully consider.


Suppose you start your journey as an entrepreneur or business owner or already have your business but would like to be supported with the right tools to thrive and succeed. In that case, you can contact me and dive into a successful partnership to guide you and coach you through success. By having a professional coach, you will save time and achieve positive results much faster. A business owner journey is often not easy, but you don’t have to do it alone. Get in touch today and let me help you achieve the results that you have always wanted.

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Published by Desiree Foster-Collins

I'm a Mom, Founder and Digital Creative with a passion for helping others learn and grow. Affectionately known as ‘Coach Dezi- the #CreativeTechWhisperer’ I help later in life new entrepreneurs feel confident about learning tech systems. I lead EBD Collective, LLC a Leadership Coaching & Consulting firm helping Small Businesses build process, people, and technology systems and design their success... their way. Our purpose is simple "Growing Businesses. Changing Lives."

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