Self Awareness

April 12, 2019 By Mon33y

Self Awareness

I was reading an article written by Steve Tobak author of ‘Real Leaders Don’t Follow’ and this part really stood out.
“Humility is a powerful trait for leaders, and that goes for new business owners, veteran CEOs of Fortune 500 companies, and everyone in between. More times than not, you will come to regret thinking you knew all the answers.

Behind every failed company are dysfunctional, delusional, or incompetent business leaders. The irony is, none of them had the slightest idea that was true at the time. Even sadder, most of them still don’t. Don’t end up like one of them.”

So how could you prevent this from happening?

I believe the answer is self- awareness and reflection and my advice to achieve this is as follows:

Get different perspectives. It can be scary asking others what they think of you and sometimes that feedback may not be exactly what we expect but over time (even taking into consideration biased feedback) you will learn more about yourself and find a fuller picture developing.

Also take time for self-reflection – consider it a self-performance review.
In a busy working environment, it’s easy to look ahead and lose sight of what you’re adding to your business (or in some cases not!)

These two seemingly small things could be the key to your success!

How Accounting Clarkes can help your business.

Business finance today is fast-paced and often complicated. The type of support you need from your accountant will evolve as your business grows or your goals change. There isn’t a one-size-fits-all in terms of our approach which is why we’ve outlined some examples of how we can help your business, in this blog. Starting a new […]

Escalating business costs? Don’t sit back, take action!

At Accounting Clarkes, we find it a privilege to work closely with business owners. We’re there to help them celebrate the good days and weather the difficult ones. We recognise that one of the biggest challenges that business owners face today is managing increasing costs. With the soaring impact of inflation increasing the cost of […]

Does your business need a financial reality check?

The team at Accounting Clarkes has worked with hundreds of businesses like yours. We’re well versed in the common misconceptions and mistakes that are made, and we know the right solutions to put them right. If you don’t already, follow us on LinkedIn and Facebook where we regularly share snippets of advice each week. In […]

How to take time off from work

Whether it’s a long weekend or a month-long getaway, every business owner needs to take time off from work. A break from the day-to-day running of the business gives you the opportunity to recharge, come back to work refreshed, and can also boost motivation and creativity. From our own experience, we understand that taking time […]

How to effectively forecast your budget

Budgeting and forecasting are important parts of your business planning. It creates a roadmap for the business, helping you to understand the costs involved in achieving your goals. If you don’t budget forecast, your expenses could easily escalate, leaving you with little, or no profit. As in life, things don’t always go according to plan. […]