Become a better small business leader by learning from successful founders

Running a business requires many skills, from problem solving to finding creative ideas. Even the most successful entrepreneurs must continually improve. Read on to learn lessons from some of the biggest names in business – and members of the online small business community.

Become a master problem solver like Elon Musk

Whatever your personal opinion of Elon Musk, there’s no denying that he successfully solved many complicated problems. All entrepreneurs need strong problem-solving skills. Then learn from the master in this Inspire to Thrive article by Lisa Sicard. Then visit the BizSugar Community to see what members are saying.

Learn from the founder of McDonald’s

Whether you want to own a franchise or create your own global brand, there are many lessons to be learned from the founder of McDonald’s. Adam Hansen details the success of Ray Kroc in this Small Business Sense post. And the BizSugar community chimed in with some additional thoughts here.

Motivate your employees

Strong leaders know how to keep their team motivated. This may look different depending on the size of your team and the structure of your business. But the basics of motivation are pretty universal. Get essential advice in this SME CEO article by Ivan Widjaya.

Don’t blame others for business problems

When you own a business, you are ultimately responsible for its successes and failures. It’s tempting for leaders to blame others when something goes wrong. But taking responsibility for mistakes can help you grow. Ryan Biddulph of Blogging from Paradise discusses the subject in more detail in this article.

Determine your company’s core values

If you want your business to succeed, you need to define what that success looks like. Core values ​​can provide a solid guide for entrepreneurs and their team members. Rachel Strella of Strella Social Media elaborates in this article. And the members of BizSugar added their own thoughts to the conversation here.

Create a working model of your solution

Problems are inevitable when running a business. But creating a working model of a potential solution can help you overcome challenges faster. Marty Zwilling of Startup Professionals Musings reviews the concept in this article.

Keep employees happy and engaged

Happy employees tend to work harder to achieve your business goals. But maintaining high levels of satisfaction and engagement isn’t always easy. Get helpful tips in this Small Biz Viewpoints article by Harry and Sally Vaishnav.

Make sure you have enough resources before buying a franchise

Being an effective leader is largely about being realistic about what you can accomplish and managing resources wisely. Today, business and franchise owners face increased costs due to inflation and other factors. So Joel Libava of The Franchise King explains why those who want to buy franchises may need more money than before.

Improve your creativity and leadership with a business coach

Even if you’re already a successful business owner, there’s always something to learn. Especially if you lead a team or work in a creative field, a coach can help you grow even more. Learn more about the benefits of business coaching in this Noobpreneur article by Robin Waite.

Find opportunities your competitors are missing

Running a business is often about finding opportunities that your competitors aren’t taking advantage of. This is true in many areas of marketing and operations, including SEO. David Leonhardt shares three SEO opportunities in this blog post by Anthony Gaenzle. And BizSugar community members commented here.

If you’d like to suggest your favorite small business content to consider for an upcoming community roundup, please send your hot tips to:

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