Transitioning from your previous role into successful entrepreneurship requires a change in mindset and coming to terms with your optimal peak zone. This introspection is an integral component of your strategic planning when you identify your strengths and weaknesses so that you can definitively pinpoint the best way to contribute to your success. Moreover, this process will illustrate which roles need to be filled at your organization and how to recruit the most competent team. It is only by trusting each member of your team that you’ll be able to work most efficiently and achieve your milestones.
Knowing Yourself Before Knowing Others
A golden rule of entrepreneurship is that you have to know yourself before you can start providing services for others. Of course, information about your target market is indispensable, as is having an acute appreciation of each member of your team. But this information is only helpful when there is already a firm foundation of self-knowledge in place so that you’ll be able to translate your dreams into a concrete reality.
Similarly, many entrepreneurs have studied the importance of collaboration but still fail to invest sufficient time and resources into laying the necessary groundwork. In order for your organization to maintain high levels of synergy, it’ll be necessary for you to recognize your strengths and those of others. Becoming a liberated CEO is about grasping that nobody—not even aspiring entrepreneurs like yourself—has the entire package and that being able to identify the strengths of others will be key to your success. In this respect, self-assessment can pave the way for a sharpened sense of awareness that will help you hire a blended team that complements your skill set.
Building a Complementary Team
Successful entrepreneurship is rarely a one-man performance and is almost always dependent on those you’ve hired to join your team. While many entrepreneurs dream of working without the constraints of a tight budget, the reality is that startup capital may be limited and your hands may feel tied at times. As such, you should consider only hiring full-time employees for roles that will have the greatest impact on your organization, such as positions that call for regular interaction with customers.
The employees that you bring on to your team should be experts in their field and bring along a skill set that complements your strengths. Many firms have come to appreciate the value of behavioral assessments so that you’ll have insight as to which candidates will be most valuable to your team. In particular, conative testing can provide you with a clear overview of strengths and weaknesses, and using this information is essential to constructing a blended team.
Thinking in terms of conative strengths—especially as measured by the Kolbe A Index—is also helpful since it will illustrate the interdependence of your team. Since there are 12 conative strengths and nobody has more than four, you’ll remain conscious of how your team’s interconnectedness is crucial to becoming a liberated CEO.
Cultivating a Trusting Environment
Entrepreneurship and mountaineering have a lot in common, especially when it comes to the indispensability of being surrounded by a trustworthy team. Just like the high-altitude climber, entrepreneurs can’t afford to be looking over their shoulders incessantly and need to remain focused on reaching their goalposts.
In this regard, behavioral tests will improve your ability to allocate roles and responsibilities effectively. Once your team has been assembled based on insights gleaned during the recruitment process, it’s time to assume the role of the mountaineer who has complete faith in his/her guides.
To complete the comparison, instead of micromanaging everyone in your office, you’ll need to start thinking in terms of setting goals, reviewing progress and communicating openly with your team. Lastly, don’t make the mistake of viewing your organization as being about yourself only, or you’ll quickly lose the trust of your coworkers, upon whom you are always dependent.