In the business world one should be a true leader in order to lead the pack. If you’re owning a business and know that you need to work on your leadership skills, you are on the right track! Without leadership you won’t be able to operate a successful and profitable business, and without having profitable business, all your efforts will go down the drain. Don’t believe those who say that money is not important, no! If there are millions of opportunities to improve, get better and earn a fortune, why should we leave everything behind, just sit and complain about our life?
If you want to succeed with the help of limitless resources under your hand, we have prepared a decent article for you!
Here, we will talk about one of the best eCommerce marketplaces that now enjoys its success, and what exactly makes it so special! Amazon – home of numerous products, satisfied sellers and sellers who are striving to sell there! This marketplace started as a simple book store, and now its owner has so much money that he resigns in order to do whatever he wants! What can we say, this is everyone’s dream! But what would you say if you knew that being a good leader and succeeding like Amazon is possible? Would you push yourself and work harder? Then let’s understand the key to Amazon’s success!
Amazon Knows the Value of Leadership!
From the very start Jeff Bezos knew that “market leadership can translate directly to higher revenue, higher profitability, greater capital velocity, and correspondingly stronger returns on invested capital.” And honestly, it’s not only about the leadership in the market. Leadership is important not only there! You can experience leadership at home, in the office, everywhere!
This is why Amazon has designed a set of principles that will help its members become the leaders they are striving to be! In this article, we will demonstrate only a few of them, but if you want to read more, you can simply visit Amazon’s website.
This is the first principle that you would find on the website, and the reason is quite obvious! You certainly know how important it is to satisfy your customers, right? They’re always right, because they are the ones who spend their money. If you want to have a profitable business, you need to have customers who will trust you, and who will know that satisfying their needs is your main priority.
“Leaders start with the customer and work backwards. They work vigorously to earn and keep customer trust. Although leaders pay attention to competitors, they obsess over customers.”
To be a good leader, you should earn trust of the people you’re working with. Nothing is more important than being in harmony with yourself and with your surroundings: if you listen attentively, respect others and do everything in order to gain trust, you have the potential to become a good team leader. This is what Amazon things about this principle. What’s more, you will earn trust by investing in your business over and over again. For example, if you constantly audit your business to avoid having failures, you will earn the trust of people who’re working with you. If they see how legitimately you work, they will commit even more!
“Leaders listen attentively, speak candidly, and treat others respectfully. They are vocally self-critical, even when doing so is awkward or embarrassing. Leaders do not believe their or their team’s body odor smells of perfume. They benchmark themselves and their teams against the best.
Have Backbone; Disagree and Commit
If you’re a leader, you need to be responsible for your decisions. Yes, making a decision is not something easy, especially when you know that certain people will be against your ideas and choices. However, this is what makes you a leader. Being obstinate about the things you believe in and proving your point makes you an ideal candidate! If you’re able to commit, you will be a good leader who will serve as an example for their employees!
Leaders are obligated to respectfully challenge decisions when they disagree, even when doing so is uncomfortable or exhausting. Leaders have conviction and are tenacious. They do not compromise for the sake of social cohesion. Once a decision is determined, they commit wholly.
People suffer when they start thinking inside the box. Widening your horizons will help you see the bigger picture, and therefore, change the way you work or operate your business. What’s more, you will understand how customers feel and what they think – this is a quality every leader should have. Think big, and the world will open up to you!
“Thinking small is a self-fulfilling prophecy. Leaders create and communicate a bold direction that inspires results. They think differently and look around corners for ways to serve customers.”
If you want to have your own business and be its leader, we will help you with that! Use resources, think big and never give up! Be stubborn and don’t let others let you down – this is the key principle of being a leader!