7 Truths Every Business Founder Should Know and How to Navigate Them | E173
Have you ever felt like you're navigating the difficulties of entrepreneurship all on your own? Do you wonder if the challenges you face are unique to you? In this episode of Leadership is Feminine, host Kris Plachy reveals the seven unavoidable truths that every female founder and entrepreneur encounters on their journey to success.
Kris starts by addressing the uncomfortable issues that every business leader must face. She emphasizes that whatever challenge or person you wish to avoid, your business will inevitably force you to confront it. Whether it's having difficult conversations, trusting your intuition, or working in partnerships, these challenges are inescapable.
Kris discusses the reality that as the founder, you hold the ultimate decision-making power. If you are the one taking all the risks, it is imperative that you make the final calls. This responsibility is a fundamental aspect of leadership that can’t be delegated.
Another key truth is the ever-changing nature of everyone involved in a business. Kris talks about the inevitability of change—people will leave, roles will evolve, and you, as a leader, will also grow and transform. She stresses the importance of adapting to these changes to maintain a thriving business.
Kris further explains that the people who helped you get to your current level might not be the same ones who will take you to the next stage of your journey. This truth emphasizes the need for continuous evaluation and evolution of your team and personal growth.
This episode of Leadership is Feminine is a discussion of leadership truths that every business runner faces. Tune in for a thoughtful exploration of these concepts to better understand and enhance your leadership journey.
“You are already born to lead. You just don't know it. If you struggle with leading, I believe it's not because you're not capable. It's because you don't believe in what you already know about yourself and you question it.”
Key Takeaways From This Episode
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Importance of Facing Challenges Head-On: Your business has a way of forcing you through whatever you don’t want to deal with.
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No One Thinks Like You: Establishing clarity on the outcomes and not expecting that things will be done the way you would do them.
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Responsibility of a Founder in Decision-Making: Ensure that you are not abdicating in areas of risk in your business.
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The Destructive Impact of Unaddressed Issues in a Business: Avoiding problems in your business won’t make them go away.
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The Inevitable Change of Your Team and You: Setting the expectation that people on your team will change, and so will you. Those who got you here won’t get you there. And the person you were when you started is not the same version of you that will get you to your goals.
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Delineation of Individual Successes Separate From the Overall Business Success: Your success is not their success, and ensuring that compensation is attached with performance and results, not based on how you feel.
Contact Information and Recommended Resources
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