As an entrepreneur, I’ve always believed that the true essence of leadership lies in setting a good example. My journey as a business owner has been marked by its highs and lows, but one constant that has guided me through the stormy waters of entrepreneurship is the unwavering commitment to lead by example. I’m Huw Devonald, and today, I want to share with you why I believe that setting a good example is the key to success in a new business venture.
From the very inception of my entrepreneurial journey, I’ve always been a firm believer in the idea that leaders should be the change they wish to see. When you start a new business, you’re not just launching a product or service; you’re creating a culture, a set of values, and a vision for the future. As the leader of your venture, your actions and behaviours serve as a blueprint for your team and can shape the trajectory of your business.
First and foremost, setting a good example fosters trust and credibility within your team. In those early days when I was building my first startup, I realised that trust is the cornerstone of any successful team. If your team members see you working hard, making ethical decisions, and showing dedication to your company’s mission, they’re more likely to trust your leadership and follow suit. Trust is a two-way street, and it starts at the top.
Furthermore, leading by example sets the tone for the work ethic and values you expect from your team. If you want your employees to be punctual, dedicated, and innovative, you must embody these qualities yourself. During my entrepreneurial journey, I’ve found that my team tends to mirror my behaviours and attitude. When they see me tackling challenges head-on, they are inspired to do the same. When they witness my commitment to our values, they become more invested in our shared vision.
In a new business, where the road ahead is often uncertain and filled with obstacles, a leader who sets a good example can be the guiding light that keeps the team on course. Your actions in the face of adversity can be a powerful motivator for your employees. When they see you persevering through tough times with resilience and determination, it reinforces their belief in the mission and their commitment to the company’s success.
One aspect of leading by example that’s often overlooked is the impact on company culture. As an entrepreneur, you have the unique opportunity to shape the culture from the ground up. If you prioritise open communication, collaboration, and respect, your team will follow suit. Conversely, if you exhibit toxic behaviour or fail to uphold the values you’ve set, it can quickly poison the well of your company culture, leading to disengaged employees and high turnover.
Moreover, setting a good example extends beyond the office walls. It also impacts your relationships with customers, partners, and investors. In today’s interconnected world, reputation is everything, and it’s built on the actions and choices you make as a leader. When your stakeholders see you leading with integrity and authenticity, they are more likely to trust your brand and want to be associated with your business.
In conclusion, as an entrepreneur, I’ve come to understand that setting a good example is not just a nice-to-have attribute; it’s a fundamental pillar of success. It builds trust, shapes the culture, motivates the team, and enhances your reputation. So, whether you’re embarking on a new business venture or are already deep into the entrepreneurial journey, remember that your actions as a leader have a ripple effect that can make all the difference in the world.
Lead by example, and you’ll not only achieve your business goals but also create a legacy that inspires others to follow in your footsteps.