Everyone wants to make more money, but few are willing to take on the responsibilities and execute the duties associated with bringing more value to the marketplace. Value is really what we are talking about when we talk about money. Now, everyone has value. As a person, a husband, a wife, you name it. But in terms of income, value to the marketplace is what determines your pay. Sure, you may be able to fool or scam some people short term and make a bunch of cash, but you can’t fool all the people all of the time as the saying goes. Eventually, the laws of compensation will catch up with everyone and everything in this universe. That said, here are the Seven Qualities that will ensure your income rises regardless of the economic climate. They just also happen to be the Seven Qualities of Leaders.
- VISION—To ensure more income for yourself and to be a great leader, you must have the capacity to see what is not yet there. You must have vision. You must tap into creativity—the energy source that brings life to all new things. Yes, you must see things as they are, but not worse than what they are. THEN, you must have vision for what could be better. After that, massive action is necessary to see your vision become a reality.
- COURAGE—This, in my opinion, is the most important trait to have. Without courage, nothing happens. Fear will always cloud your thinking and get in the way of your success. An example of courage in the marketplace is making cold calls to prospects or asking existing clients for referrals. That takes courage. Simply showing up to work and going through the motions takes no courage. In other words, to utilize courage, you must be willing to be uncomfortable—that’s the only way you can grow. All growth comes from a period of discomfort, and making more money requires doing what others are not willing to do.
- INTEGRITY—No one will follow a person without integrity for a sustained period of time. Being a person of ethics and values—having a code and living by it—will cause others to trust you and trust your judgment because they believe that you have their best interest at heart. This matters a great deal in every relationship, including those in the marketplace.
- HUMILITY—Having a modest view of your own importance as it relates to others is vital for any leader. Of course you are important, but no more important than anyone else as far as they are concerned. Understand that everyone is the star of his or her own movie! You are merely the cameo appearance. So, if you want to succeed in being a leader and making increased income, check your ego at the door. If others see you as being a person who lacks the humility to accept the importance of others, you may do well, but it will not last. People like to follow others they respect. And employers love to pay respectable people more.
- STRATEGIC PLANNING—This quality is so needed today, I could write hundreds of pages about the subject. The bottom line here is that the tactical work of doing the job as it is required and the strategic work of planning the future work that must be done for increased levels of success are two very, very different things. Most believe that by showing up and doing the job as required is enough to be compensated more (because there exist so many people who can’t even do that!). The truth, however, is very different. The truth is that in today’s marketplace, strategic planning is required to ensure that you become irreplaceable. Look at great leaders in history—they all had the capacity for strategic planning: Disney, Jobs, Washington, Churchill, Marshall, and Khan—all of these people were incredible planners and that’s why their names will be cemented in history.
- FOCUS ON STRENGTHS AND USING THEM—Great leaders focus on their own strengths as well as the strengths of others and plan a way to best employ those strengths. In other words, they don’t complain that “everyone around here is stupid” or “I’m the only one who really works hard.” Those are limiting beliefs that will ensure you never get to where you want to be. Those who focus on the tools they have and how they can possibly be used to accomplish a goal will usually figure out a way to get it done, even if they are lacking a certain tool or trait. This is due to the fact that they are more mindful than those who only see faults in others.
- FOCUS ON RESULTS—At the end of the day, RESULTS RULE. PERIOD. END OF STORY! If workplace morale is down, month over month or year over year revenues are down, or there exists an exponential increase in the costs associated with doing business or some other massive problem, you must figure out what is not working right. What needs to be optimized? What needs to be innovated? Who do you need around you to accomplish your goal? Who is not a right fit? What must happen to make your world incredible both at work and outside of it? Results rule. Do not keep going down the same road because you’re used to it. What if a giant tree or sinkhole was blocking the road? Would you still consider the route? Of course not. A great leader would formulate a new plan of action and then implement it to get the desired result. Change your approach until the result you want is reached.
There they are: seven qualities of a leader. Remember though, it’s not enough to understand something intellectually. You must embody it. You must live it and keep on living it so that others will follow you and help you achieve your desires!