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Leadership: Sell the Dream, Make the Reality

By: Dave Berkus

 

Leadership Sell the Dream

As a leader, you set the goals, establish the strategies and tactics to get there (with help from others of course) and sell the dream to all of your stakeholders. And that includes potential customers as well as executives and employees.

Sometimes growth happens without a leader envisioning it, living it daily, evangelizing it to anyone who will listen. But not often. More often, you (the leader) set the goal and push for achievement—hopefully establishing a realistic set of strategies and accurate metrics to measure progress along a timeline.

I recently sat in on a roundtable meeting in which the executive of a company stated his goal as “educate the world.” To be fair, he followed a bit later with a goal of thirty million dollars in revenue in five years, which got my attention. The first statement was a mantra, a vision, a rallying cry. But when he did state a monetary goal, he started a real conversation about how he will achieve it and with what resources, and which of several focused revenue models.

Note that “Educate the world” elicited little response until the group saw the financial goal. Your executives, board and others will surely do the same.

You will have sold the dream—one that is tangible and actionable. So that is the challenge you won’t be able to avoid. With that number out there, you will be held accountable by your board (and hopefully yourself) to make this happen in the time period stated.

So is this different from the vision thing? For sure. Leaders lead. Managers execute the plan. You will have just set in motion a whole series of events which might never have begun without your establishing, then selling your dream that you set in a tangible form.

Make that your new reality.

Published: May 11, 2016
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Source: Berkonomics

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Dave Berkus

Dave Berkus is a noted speaker, author and early stage private equity investor. He is acknowledged as one of the most active angel investors in the country, having made and actively participated in over 87 technology investments during the past decade. He currently manages two angel VC funds (Berkus Technology Ventures, LLC and Kodiak Ventures, L.P.) Dave is past Chairman of the Tech Coast Angels, one of the largest angel networks in the United States. Dave is author of “Basic Berkonomics,” “Berkonomics,” “Advanced Berkonomics,” “Extending the Runway,” and the Small Business Success Collection. Find out more at Berkus.com or contact Dave at dberkus@berkus.com

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