• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Submissions
  • About Us
  • Contact Us
  • Feb 8, 2023
  • Startup
    • Creating a Plan
    • Funding a Startup
    • Franchise Center
    • Getting Your Office Ready
    • Making Your Business Official
    • Marketing Your New Business
    • Personal Readiness
  • Run & Grow
    • Customer Service
    • Human Resources
    • Innovation
    • Legal
    • Operations
    • Risk Management
  • Leadership
    • Best Practices
    • Communication
    • Green Initiatives
    • Open Culture
    • Strategic Planning
    • People Skills
  • Sales & Marketing
    • Advertising and Lead Generation
    • Marketing Innovations
    • Marketing Plans
    • Online Marketing
    • Relationships
    • Sales Activities
  • Finance
    • Budgeting and Personal Finance
    • Payments and Collections
    • Tax and Accounting
    • Pricing Strategy
    • Working with Investors
    • Working with Lenders
  • Tech
    • eCommerce
    • Hardware
    • Software
    • Security
    • Tech Reviews
    • Telecom
  • Shop

SmallBizClub

Helping You Succeed

taxbandits banner
Home / Leadership / Best Practices / These 5 Elements Measure Your Real Power as a Business Leader
These 5 Elements Measure Your Real Power as a Business Leader

These 5 Elements Measure Your Real Power as a Business Leader

2654 Views

Sep 4, 2018 By Rick Miller

How does a small business owner increase his or her power? If you believe as some do that power is all about title, position, authority, control, and supremacy, you’ll be hard-pressed for an answer.

Leaders in small businesses can give themselves any title or position they want. They have complete authority to do whatever they want, whenever they want, and they have ultimate control. They are the supreme ruler and answer to no one.

Ask any successful small business leader how much time they spend thinking about this type of power, and they will laugh. It’s a non-issue.

But ask these successful business people about the importance of energy, clarity, confidence, impact, and influence in growing a small business, and you’ll get a very different response. These leaders know their success is almost totally dependent on this definition of power.

In my work with many great small business leaders, we focus on how they can be powerful by increasing their:

  • Clarity with simple choices around discipline.
  • Influence with simple choices around supporting
  • Impact with simple choices around creativity.
  • Energy with simple choices around self-understanding and insight.
  • Confidence with simple choices around values?

Discipline is an orderly pattern of behavior that increases both clarity as well as the likelihood of a desired outcome. Small business owners must certainly master discipline for their business to be successful, but the clarity it brings is where the real value is found.

Support is the act or process of promoting the interests or causes of another that increases influence. A small business owner who supports his staff, customers, vendors, and community will have influence that persists. He takes the request, “How can I help you?” seriously.

Insight is the power or act of seeing intuitively that comes with self-understanding, and it increases energy in a positive way. This form of energy is deliberate, concentrated, and effective.

Values are the foundation of relationships and of confidence. With a set of values unique to your business you’ll develop the trust needed to create confidence in every work-related relationship (and personal, for that matter) you encounter.

Creativity is the ability to bring into existence. Alignment of creative choices amplifies power and increases impact. In what ways are you bringing your vision to life?

Successful small business owners are optimizers. They don’t have time to waste.

Think about how you define the term power. Look at the choices you make that build real power, and those that don’t. In what areas can you be more disciplined? How can you support others on a regular basis? Are you tapping your own self-understanding to get the insight needed to navigate the fluctuations of your day-to-day decisions? What about the insights of your team? Does your business follow a set of values, no matter what? And last, how are you creating the future of your business every day?

If you need help, take my free Power Compass Survey. There you’ll be able to actually measure your real power and make choices about how powerful you want to be. You’ll start to answer the questions above when you understand what power really means, and how it can transform you and your business.

Small business leaders don’t have the benefit of cadres of help—yet. They need to be as powerful as possible.

Sound like you? I challenge you to be more powerful, in the best way possible.

Filed Under: Best Practices Tagged With: Character, Leadership

Rick Miller

Rick Miller

Rick Miller is an unconventional turnaround specialist, a servant leader, and a go-to Chief. He is also an experienced and trusted confidant, an author (Be Chief: It’s a Choice, Not a Title, September 4, Motivational Press), a sought-after speaker, and an expert at driving sustainable growth. For over 30 years, Rick served as a successful business executive in roles including President and/or CEO in a Fortune 10, a Fortune 30, a startup, and a nonprofit. Rick earned a bachelor’s degree from Bentley University and an MBA from Columbia. He currently lives in Morristown, NJ. Follow @BeingChief on LinkedIn, Twitter, and Facebook.

Related Posts

  • 3 Principles to Be a Great Business Leader, Not a Manager
  • top-7-tips-for-individuals-starting-a-pharmacy-business5 Key Features of A Pharmaceutical Company That Drives Results
  • good-accounting-habits-for-small-business-ownersRunning a Small Business is Hard, But It Doesn’t Have to Be Complicated

Primary Sidebar

Random

6 Ways Flexible Scheduling for Workers Boosts Productivity

Feb 7, 2023 By Andrew Deen

How Data-Driven Marketing Benefits Small Businesses

Feb 7, 2023 By Andrew Deen

Three Signs You’re Getting Qualified CTO Services

Feb 6, 2023 By SmallBizClub

5 Lending Solutions for Your Small Business in 2023

Feb 5, 2023 By Becky Wilson

Top 5 Reasons To Hire An Environmental Consulting Firm

Feb 5, 2023 By Becky Wilson

Footer

About Us

Small Biz Club is the premier destination for small business owners and entrepreneurs. To succeed in business, you have to constantly learn about new things, evaluate what you’re doing, and look for ways to improve—that’s what we’re here to help you do.

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Copyright © 2023 by Tarkenton Institute, Inc. All Rights Reserved | Terms | Privacy