- February 2nd, 2016
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Respect isn’t something that business leaders can simply expect; it is something they must earn. My career has taught me that if someone wants to be well regarded by their team members and the business community more widely, they have to show leadership, courage and a range of other compelling characteristics. Following are some of the qualities and actions that I believe to be crucial if you want to be respected by the people around you.
Lead by example.
To inspire your team to be diligent and committed, you must lead by example and be an inspirational and positive role model.
Those in the Appco Group network will most certainly have heard this business described as one where we “show don’t tell”. And I believe this is extremely important because people are much more likely to respect and emulate you if they know that you practice what you preach.
On the other hand, if they see that there are differences between your personal approach to work and the approach you expect others to adopt, they will be less likely to trust you as a leader.
Set high standards.
I am also a great believer in setting high standards for yourself and for the people around you.
If others see that you’re willing to cut corners or you’re prepared to settle for mediocrity, their estimations of you are likely to fall and their own standards may drop.
My experience tells me that people are most likely to respond to a leader who strives to achieve the very best in all they do, and who challenges them to do the same. The harder you work for something, the more you value it.
Have the courage to make bold decisions.
Having the foresight and nerve to make bold business decisions will earn you self respect as well as the respect of others. For example, challenging the status quo and step out of your comfort zone in order to improve your company may be a difficult move in the short term, but this is the only way to develop as a business leader.
And, even if a decision doesn’t work out the way you planned, you will gain respect for taking the leap and, just as importantly, learning from the experience regardless of the outcome.
The leaders who people really look up to have the courage of their convictions and are prepared to take action even when the odds seem stacked against them.
Show respect for and appreciation of those around you.
Showing respect for others is essential because, as I highlighted in a previous blog, every great entrepreneur needs a great team around them.
Acknowledging the successes of your team members, rewarding their hard work and treating them with courtesy and respect, will build people’s trust in you as a leader and encourages the same qualities in them. On the other hand, failing to recognise the achievements of others can dent morale and the ultimate success of your organisation.
Be confident in your abilities.
This plays a big part in gaining the respect of others. After all, if you don’t believe in yourself, you will have a hard time convincing others to back you.
There may be times when you doubt yourself and wonder if you are up to the job of running your company, but it is crucial that you stay positive and have faith in your skills as a leader, and in those around you.
Chris Niarchos knows exactly what it takes to earn respect as a leader. As founder and chairman of the Cobra Group of Companies, he oversees an impressive portfolio of businesses. For more facts about Chris Niarchos, check out this Bloomberg Business profile.