Do you know the difference between captain and agent?
Most business owners answer “yes”, but this is not the case. There is leadership behind the success or failure of any enterprise.
There are five distinct differences between leaders and managers. When you can find the difference, you will open your way to success.
If you are considering liquidity events, leadership is more important. The value of an enterprise depends on the quality and results of the team.
In other words, can your business continue without you?
The above question is very simple. But don’t confuse simplicity with simplicity. Most business owners can’t do without them.
Statistics illustrate this. Up to 90% of liquidity events fail. In a “successful” liquidity event, the seller leaves more than 50% to 100% of the transaction value in the buyer’s pocket.
How do I know who I am?
I said “no” to the 7-digit quotation and “yes” to the art and science of mastering liquidity events. Two years later, I said “yes” to the nine digit quotation from other buyers.
I have developed a nine step roadmap for my liquidity events. Today, I will pay it later. I helped business owners experience 90 days of deep wealth. The core of the in-depth wealth experience is the ninth stage roadmap.
Do you want to learn and master the ability to identify leaders from managers?
Read on.
The differences between leaders and managers allow leaders to play long-term games.
Vision and action change the world.
The difference between leaders and managers is that leaders play long-term games. Leaders thrive by creating visions that can destroy the market. Long term games allow leaders to focus on the right things instead of doing easy things.
The long-term game of being a leader is related to your enterprise value. Therefore, part of the long-term game is the X factor that determines the improvement of enterprise value. Of course, one of the disadvantages of a long-term game is that it will delay growth and profits. But this is a long-term game to ensure sustainable growth and benefits.
Read five absolute X elements to improve enterprise value
Honors, awards and recognition are welcome, but leaders do not rely on them. Leaders do not need external validation. Instead, recognition of leaders comes from fulfilling their vision.
On the other hand, bosses with short-term goals. Managers are very happy to work in the system as they do now. The manager’s rocket fuel is an honor and reward.
Who are the leaders among the team members when viewing the business?
Leadership goes beyond titles. One of the characteristics of a successful enterprise is that all employees show leadership. Leadership is a central theme from front-line employees to CEO.
Leaders know that goals are needed, but they are part of a larger blueprint. The boss’s focus on the goal may win the battle, but it may also lose the war. Achieving goals in order to achieve them can be a stupid game.
Do you know the next core difference between the team leader and the manager when playing chess?
Read on.
Because of the differences between leaders and managers, leaders can choose relationships rather than processes.
Business relationship is the key to distinguish between winners and losers
One of the main differences between leaders and managers is the relationship. Leaders put interpersonal relationships above everything else. When considering relationships, look at your stakeholders.
Stakeholders are employees, customers, suppliers, media and board members. So when you look at your stakeholders, they all have the same currency.
Do you know what the currency of all stakeholders is?
In business and life, money is trust, not money.
Stakeholders prefer to do business with friends than strangers. The main difference between friends and strangers is trust.
Leaders know that they are facilitators to help stakeholders achieve their goals. When leaders help stakeholders achieve their goals, leaders achieve their vision.
Leaders can make comprehensive plans for the company. One example is that everyone in the company has the mentality of a salesperson.
Read “5 absolute tips on why all employees must be salespeople”
The leaders know that the most popular TV station in the world is WII. FM(my future). Go to WII. FM creates a win-win situation for stakeholders and leaders.
In this process, leaders build trust through words and deeds. In order to help realize the vision, leaders set up a cohesive team.
Managers focus not on interpersonal relationships, but on individuals and their goals. For managers, their dependence on the team is different from that of leaders. By focusing internally, managers exclude stakeholders, not business stakeholders.
As the saying goes, it is the essence of leaders to make dreams come true when working collectively.
When you think about leaders and managers, do you know where leaders shine?
Read on.
Pursuing the vision of success is the reason for everything
We are limited not because of our ability, but because of our vision.
Behind the success of each business, there is a vision inspired by each stakeholder. Leaders and managers have obvious differences in vision.
Leaders create interesting stories centered on a compelling vision. The vision tells of a bright and prosperous tomorrow. Leaders know that people want to join the winning team.
Read “Employee turnover rate: five best strategies for prosperity”
When leaders see people, they can’t see what’s ahead. Instead, leaders see and understand everyone’s potential.
Understand people’s potential and lead a strong team. On the contrary, these strong teams help to achieve the vision. Focusing on the overall situation through the team is where business miracles happen.
Similarly, the level of administrator is lower than that of leader. So managers are comforted to control the situation. Administrators create visions rather than focusing on small ones.
Small pictures mean focusing on personal goals. Of course, personal achievement of goals is essential in any work. However, compared with the vision, personal goals are eclipsed.
Both leaders and managers can spend the same amount of time. As a result, there are 1440 minutes in a day. The game rule between the team leader and the administrator is changed by the use of time.
Through these visions, leaders as managers can achieve greater results at the same time.
time
The story is over.
There is another important difference between leaders and managers. This difference can affect the success or failure of enterprises.
Do you want to know what the difference is?
Read on.
Game change differences between risk burden and risk management
You have to take a risk. Because the greatest danger in life is to risk nothing. -Vaskalia.
The difference between leaders and managers is shown in the danger zone. Leaders look at the big picture through their narrative and vision.
Effective leaders welcome the danger of market chaos. In the process of catching up with the market chaos, leaders know that they will fail. But for leaders, failure provides lessons learned and the road to success.
Managers choose safety actions and management issues rather than transcending them. For managers, “If it’s not bad, don’t change it” is their motto. On the contrary, the realization of existing goals and KPIs is a concern of managers.
Ensure that the team has a positive side in achieving milestones. Managers believe that what hinders business development is that everything remains the same.
For customers, an enterprise can only do well today. Yes, there were some heroic stories about achievements in the past. But yesterday is a distant memory.
What was useful to your customers yesterday is invalid today. The only question is whether the enterprise has enough initiative to take the lead in the game to provide solutions.
How do you find the following problems for your customers?
I will ask you a “magic question”. This magic question is the second stage X element of the ninth stage road map.
Read “5 Business Questions for Success(Happiness)”.
The difference between leaders and managers is that leaders look for new problems. Select an administrator to manage existing issues.
Do you know the next difference between a leader and a manager?
The following areas will change the rules of the game, please continue reading.
Innovation is the power to surpass the status quo
There are ways to do better. Thomas Edison.
The difference between leaders and managers is evident in innovation.
If the bosses are happy, the carriage will become our means of transportation.
Administrators focus on effective methodologies and improvement methodologies. Back in the days of carriages, managers would concentrate on improving carriages.
Leaders embrace change and market disruption, both of which complement each other. Innovation is the key to opening the leader’s vision. Therefore, the question is not what we can do to improve the services we provide to leaders.
On the contrary, leaders ask us how we can make ourselves bankrupt. We will reinvest ourselves in larger and more profitable industries.
Life and business are not always extreme. Of course, it is necessary to improve the existing products. But I know that the improvement that is taking place is to buy time and enjoy the chaos of the market.
Why create market disruption for leadership, success and prosperity
In the roadmap of step 9, the leader is in the second step, namely the X element, which can improve the business value. The world-class X-Factors make a company prosperous and profitable, or sell it tomorrow. Any choice is great.
In any transaction, if you want to make the best transaction, the higher the enterprise value, the better. You should know that through innovation, leadership can bring higher value.
The strength of the ninth stage road map is preparing for today’s prosperity and tomorrow. Understanding the differences between leaders and managers can help ensure your great success.
conclusion
When it comes to the difference between leaders and managers, ignorance is not happiness. Understanding the differences between leaders and managers is very important for liquidity events.
The core of the in-depth wealth experience is the road map for phase 9 preparation. It was this road map that made me say “no” to the 7-digit quotation and “yes” to the 9-digit quotation two years later.
Any difference?
Anyway, preparation
Business value will not be created in liquidity events. On the contrary, your enterprise value reflects the quality of your preparation.
One of the main areas of preparation is to understand the difference between leaders and managers. If you know the difference, you can evaluate the team.
In life and business, appropriateness is the key to sustained success. Make sure your team has a leadership framework from frontline employees to the CEO. Management tasks performed under the protection of leadership strategies are effective tools.
One of the secrets to the success of my nine digit liquidity event is leadership. Implement the leadership framework with all employees to promote the development of the company.
The strength of the ninth stage road map of learning through in-depth tracking is time. By preparing, you can use your time to realize business benefits. The current preparation will achieve a high rate of return on investment in the coming months and years.
Where do you start?
Start and determine the first policy, and then proceed to the next policy. Adhere to daily actions, and you can master the five strategies.
You can do that. I know you can.
Here’s to you and your success!
Your biggest fan,
Jeffrey Feldberg
With regard to liquidity events, are there millions of dollars left on the trading table? www.deepwealth. Com/success Details
