Top Leadership Styles to Grow Your Business by Jonah Engler

There are a variety of leadership tactics that are used for different purposes in the business world. From individuals who are just starting a business to a company that is experiencing a large growth spurt by expanding overseas, the type of leadership style you use will determine the direction of your company for the foreseeable future.

If you’re currently experiencing a period where your business needs to grow, the following leadership tactics will help you achieve your goals faster and ensure success for the future:

The Entrepreneurial Spirit

Do you already have an idea in mind for something that will take your business to the next level? Take yourself back to the days when you started your company and motivate your employees with an entrepreneurial leadership style.

This is perfect for growing your company because entrepreneurs are visionaries that have the drive to make a dream into a reality. Your new idea for a product or service improvement that will take your business to new heights will only become a reality if you push yourself and your team to achieve your goals. This type of leader also knows how to utilize the talent of every one of his or her team members to gain the best outcome possible.

Become a Directional Visionary

Once you’ve set a goal for where you want your company to be, you must lead your employees during the journey to get there.

The directional leadership style is perfect for growth opportunities when your workforce lacks the experience and expertise necessary to achieve the goal. In this case, you must delegate tasks to the work force and ensure that each task is completed in a timely manner.

Ask you track the milestones being made towards your goal, track the improvements being made throughout the workforce as well, and make sure your employees know they’re doing a good job. Directional leaders are often the product of the employees that support and believe in them, so you must, in turn, let your employees know that you trust them to finish the project at hand.

As your business evolves, your leadership philosophy will evolve with it. During the initial product development phase where ideas are flowing, your entrepreneurial spirit will likely take front seat until you’ve finalized a product and plan. Combining multiple leadership styles at once is likely your best option when your business experiences a period of growth.

Jonah Engler is a entrepreneur from New York City, stock broker and avid coffee drinker.