If you want to improve your odds of entrepreneurial success, one of the
most beneficial actions you can take is to become more self-aware.
Entrepreneurs who are self-aware tend to build stronger companies and have more
dedicated team members who respect their role as a leader. If you are an
entrepreneur who wants to become a better leader through self-awareness,
remember the following tips.

•   Entrepreneurs who learn to analyze their motivations can become
more self-aware and transfer their new-found knowledge to their team leadership
endeavors. When you learn to question your own motives, you begin to see
patterns in the habits of others. Knowing what motivates members of your team
helps you understand which leadership methods will work best to increase
output.

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•   Understanding why you made a mistake is just as important as
learning not to make the same mistake again. When you make a habit of
dissecting the actions that caused you to make a mistake, you become more
self-aware as to your decision-making triggers. Analyzing your own
mistake-making behaviors helps you offer advice to others on your team who
might be in danger of making the same mistakes you have already learned from.
The ability to advise from the perspective of someone who has “been there,
done that” helps your team members know you are on their side.

•   Entrepreneurs who take responsibility for their actions show their
employees the power of self-awareness. An employee who knows their boss is
strong enough to admit their mistakes can learn from a boss who leads by
example. Owning your mistakes might be difficult at first, but the long-term
influence your actions will have on your team makes swallowing your pride worth
the efforts.

Choosing to build a culture of ongoing learning and team self-awareness
is an investment that will pay dividends far into the future. Instead of
focusing your team’s efforts on beating your competitors, learn to steer your
team in the direction of “how can we become better as a team today?”
type of thinking. Teams that aren’t consumed with outperforming their
competitors but instead focus on a team-growth philosophy of “a rising
tide lifts all boats” often naturally beat their competitors simply because
the internal team dynamic is so strong.

 

When you make the decision to work on yourself, your willingness to
become self-aware can attract the admiration of those in your employ. Make an
effort to analyze your behaviors consistently and learn lessons from your
analysis, and you’ll be amazed at how your self-awareness transfers to your
team.