Modern Business Magazine June 2016 | Page 32

MODERN ENTREPRENEUR Five Keys to Transform Your Business and Your Life F By John Sikkema or business owners, the line between personal and business life is inevitably blurred. Managing a business is a demanding juggling act, sidelining valued relationships, resulting in frustration and a lack of control over any aspect of our lives. I’ve lived by the following five key principles to create balance in business, freeing time for family and relationships: vision - the sooner you move the wrong people on, the quicker you can surround yourself with Executive Team members who will commit to, and contribute to a common, unifying vision. Look for leaders with complimentary skills. Few of us are blessed with all the skills necessary to build a successful business. As soon as I identified such a leader, my business really took off. 1 2 Get your FOUNDATION right and be clear on the DESTINATION Having the wrong people in key roles results in competing agendas and a clash of values. Address this problem immediately. Team players need 100% commitment to your 32 ModernBusiness June 2016 Be prepared to take on a LEADERSHIP position The greatest move you will ever make is to step up and be ‘the leader’. Find a mentor to encourage and challenge you. Some of my best mentors I’ve never actually met. They were visionary leaders who shared their most important business lessons in books on business and leadership. 3 Make CULTURE, VALUES and INTEGRITY a priority Get this key right and people will want to work for you, and not leave. A colleague observed I had a paternal attitude towards staff. It’s true, I do treat staff like family. Many companies however develop values that sound meaningful, even displaying them in full view of customers. This is a dangerous practice. Customers should be experiencing these values rather reading them. The most powerful value I have adopted is servant leadership. The people at the top