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Location: Livonia, Michigan, United States

I first became involved with real estate in 1981 when my wife gave me a choice of ballroom dance or real estate classes. I chose real estate, and began buying properties as rental investments. Over the years in working with real estate, I have purchased in excess of 3,500 single-family homes and pick up the name Mr. Lease Option. My web is www.mrleaseoption.com I teach over 40 real estate investment seminars a year, and running investment club www.megaeventingevent.com keeps me on the go.

Sunday, April 13, 2008

Leadership: 5 Tips Every Entrepreneur Should Know

Leaders are the very best in their field. They are the highest paid too. Becoming a leader overnight may be difficult to do, but the tips below are designed to help you achieve leadership possibilities on your road to success. And once you’re there, how to sustain them.

1. Ask the right questions. Two of the most important questions you can ask in order to be successful are:
How - Asking how gets you out of problems and in the direction of solutions.
Why – Prioritizing your goals and knowing why you want to achieve them gets you closer to achievement.

An important reminder: Keep these questions positive. Asking “why me” or “why do I have to do that” are modes of negativity. Negative leaders don’t last long. The positive, optimistic ones do. It’s okay to be realistic and know there are challenges ahead. But asking “how” provides results and knowing “why” keeps you motivated.

Communicate. Want to be a leader? Communicate with everyone you meet. Some will be above you. Others below. No matter the situation, focus on your communication skills. One of the best methods for rewarding people you lead is communicating with them. And communicate often.

This also means you have to listen. Listening to your team members and knowing their points of view ensures you will be a more effective communicator. And keep at it. Becoming tired of communication is a surefire way to lose your leadership position. Stay motivated and know that by communicating with others you are establishing and maintaining your position as a leader in this fast-paced world.

Have a compelling vision. Leaders have visions. They set goals and take steps to achieve those goals. They also show others how to do the same. Having a vision inspires and motivates others, which is crucial for anyone wanting to lead. No one will follow if they don’t believe your message.

Keep your vision in the forefront of your mind and the minds of those you are leading. Listen to others and learn about their visions. Inspire others but also allow yourself to be inspired.

Know more about less and stay focused. Leaders know what they know and they know it best. Rather than know a little about a lot, they become experts in perhaps one or two areas. And they stick with their choices. Constantly staying abreast of trends, leaders know it isn’t possible to stay current on everything. By picking a few areas of focus they keep the task of maintaining their knowledge that much easier.

It’s tempting to be a know-it-all. But fortunately, as a successful leader we don’t have to do that. Do your research. Decide what you want to areas of focus to be. Keep the list short and then watch it. Watch your knowledge in those areas grow and your leadership skills will improve as well.

Keep your passion high. Leaders focus on what they do right rather than what they do wrong. Once they identify what is right, they keep doing it and eliminate what isn’t working.

To be a successful leader you must be able to motivate people. By focusing on what your team is doing right rather than everything they are doing wrong, you can motivate them to higher performance. It isn’t always easy to stay positive, but as a leader it is a must. So, at the end of each day, ask yourself what went well and what you did right. You’ll notice very quickly that you’re well on your way to success.

“Today is Your Opportunity to Rise Up and Live the Life You Choose!” Lance Hood

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This was taken from an interview between Lance Hood from SuccessInsiders.com and Matthias Schmelz.

SuccessInsiders.com is committed to helping people succeed, both personally and professionally, by providing them with interactive access to an ever growing team of Millionaires and Experts in wealth creation and personal development. By following the guidance and strategies, through interviews, expert Q&A, telecoaching and other resources offered by people who have already succeeded, a person’s chance for success is greatly increased.

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