Most entrepreneurs and leaders desire to be successful in their chosen fields. Their gauge of success is when they find themselves on top of their industries. Profit and gains are also popular measures of success in businesses. These determiners are not wrong in themselves, but they are incomplete.
A better measure of being successful is the ability to be a well-rounded individual. In simple terms, it is the ability to excel beyond what is in their business plans. Being well-rounded includes the impact they create on others. It also tells of the progress that they made within themselves. It is the ability to thrive in whatever situation they find themselves in. How can you spot a well-rounded individual? Here are some telltale signs.
Reliable with Their Decisions
A well-rounded leader knows how to weigh their decisions. They understand that each choice could lead to a domino effect in other areas of their lives. They also know that these same choices could affect others. Thus, they think through their decisions and come up with rational judgments.
For example, wise homeowners look at the different kinds of home insurance. They weigh what policy to get at the moment that would be most beneficial for them and their families. In doing so, they give assurance to the people dearest to them.
Another example is their proactive choices when it comes to their well-being. They are thoughtful with their health and fitness. They form and stick to healthy habits and shun away from destructive ones. This is because they know that good health is one of their greatest investments.
Ardent to Give Back
A well-rounded entrepreneur is not confined to the four corners of their offices. They are people who have a strong involvement in their communities. They believe that giving back is an excellent way to extend their businesses to the lives of others. But, they do so with a pure intention of helping, not as a publicity act. They also give back as a way to express their gratefulness.
Intentional with Continuous Self-assessment
Reflecting at the end of the day or the end of each task is an excellent practice. When you are open to introspection, you bring to light areas on which you need to improve. Being rigid with your old practices will make it hard for you to adapt. But, when you are willing to see the loopholes with your current approach, it will help you go to the next level. You may even ask a trusted friend to help you evaluate yourself.
Skilled in Balancing Their Qualities
A well-rounded leader is not afraid of their flaws. They embrace both their strengths and weaknesses. They believe that relying only on one’s strengths may backfire.
An entrepreneur must be careful not to overuse a strength. This could incite pressure instead of motivating others. A new approach is to turn your strength into a positive opposite. Here is a simple illustration. Confidence ranks high in the qualities possessed by any leader. The opposite of it is insecurity, which has no room in the business world if one wishes to succeed. But, an entrepreneur sometimes overuses or relies too much on their confidence. The result is arrogance. Subordinates or business partners do not want to deal with an arrogant person.
Instead of loading up with too much confidence, think of its positive opposite. This is when humility is born. Being humble means that you are willing to step down from your pedestal. You are confident enough that you would still shine even in the background. In doing so, you can empower or inspire others, too.
Excited for New Learning
A well-rounded leader is a voracious learner. This quality is one of the most remarkable trademarks of an individual who wants to succeed. When one fills themselves with learning, they add layers to their personality. Their skill set also increases, which makes them adaptable to more situations.
This is the reason why in colleges, it is not advised to only learn from the books. Being able to translate this knowledge into real-life situations completes the learning experience. As an entrepreneur, one may know all the technical ropes of their business. But, if they cannot apply these principles, then their knowledge amounts to nothing. Being exposed to different experiences and insights will widen a person’s perspective. As a result, they become more effective leaders.
A well-rounded entrepreneur will be in a successful position for a very long time. This success also would be far-reaching, not only in their respective business.