Do you often take charge, enjoy challenges and strive for success in all things? Do you consider yourself a self-starter, problem solver and rise to the occasion first? If this describes you, you are likely a natural born leader. Perhaps you’re also the entrepreneurial type who likes being his/her own boss. So, it’s no surprise that natural leaders also make great franchise owners! Here are five characteristics of leaders that lend themselves to standout franchise owners.
Respect & Integrity – A true leader is someone who is honest, knowledgeable, open to suggestions/feedback and caring toward clients, employees and colleagues/partners. They listen, communicate openly and respond in a way that elicits trust, loyalty and appreciation. Leaders “walk the talk” and others naturally want to follow.
Visionary – Leaders have a distinct vision of where they and the company are headed and can articulate it well. An understanding of the big picture is key, along with how they contribute to helping the organization thrive. They are always looking ahead and willing to change as needed to be profitable and grow.
Positive Outlook – Leaders with a positive outlook empower others around them and draw people to them. People want to do business with others who are positive, and employees work harder. Positive leaders always seem to have a solution, are reassuring and inspiring. They compliment employees and tell them how they have contributed to the company’s success.
Motivating and Engaging – Motivating others is the mark of a good leader. Motivation is shown through example, not issuing mandates. Motivation means being enthusiastic, providing guidance, encouraging others and making them feel valued. This approach creates engaged employees who are committed to the organization’s goals and values, and willing to give 110% every day. Engaged employees translate to greater productivity and profits. According to a 2016 Gallup poll, teams with high engagement rates are 21% more productive. High engagement leads to other positive outcomes as well such as lower absenteeism and fewer quality defects.
Cultivate a Strong Team – Leaders understand that they are only as good as their team. They understand their strengths and weaknesses to determine gaps and put together the right team that complements or expands his/her skill set. They choose employees with the right personalities who communicate well and show mutual respect. As a franchise owner, this characteristic is particularly important when partnering with other individuals or eventually hiring employees to manage an aspect of the franchise or part of the territory.
Are you seeking an opportunity to apply your strong leadership and pursue your entrepreneurial dreams? If so, then a BirthdayPak franchise may be a good fit. Learn more about BirthdayPak and the tools and support given to successfully build your business and team. Click here to register for an upcoming webinar.