Can you pat your head while rubbing your tummy? It’s not easy, is it? Trying to do very opposite things at the same time is a challenge not only for our bodies but also for our minds.

In today’s competitive business words, leaders are often expected to do just that, perform tasks simultaneously that seem contradictory. On the one hand, a business leader needs to be a risk taker and passionate about her business, while on the other, he/ she needs to be a calculating, rational manager.

An exceptional business always begins with exceptional founders. But, what qualities should we be looking for in founders – below is a small list highlighting the main ones:

• Grit and resilience – ability to keep pushing when the going gets tough.
• Unfair advantage – what is your superpower?
• Coachable – willingness to learn, take on feedback and adapt.
• Ambition and relentless drive – unwavering commitment to the vision.
• Integrity and honesty – be honest and open.

It’s also necessary for a start-up founder to be a great leader. She/ he should be disciplined, yet humble. Needs to keep her/his cool under pressure, especially during the hectic early days.

Ultimately, an effective start-up founder should embody just the right combination of qualities from great leaders and great entrepreneurs.
Leadership isn’t about a word in your title, a certain salary band, or any one specific characteristic like charisma or extroversion.

There are a lot of great definitions of leadership out there, especially by those who embody it.

Good leadership is crucial to success in the business world. Of course, a capable and effective leader must possess the right qualities. Certain traits are especially common among skilled leaders. Cultivating and developing these traits is a crucial part of becoming a strong leader.

Here are six of the traits most needed for good leadership.

• Vision. True leadership involves looking beyond today, to tomorrow and beyond.
• Optimism. A true leader must be able to inspire and motivate others.
• Adaptability. No single leadership style is right for all times and places.
• Strong communication skills. A leader must instruct subordinates on their work, correct their mistakes, provide inspiration, and take feedback.
• Confidence. A leader must be someone people can believe and trust in.
• Decisiveness. Decision-making is at the very heart of what it is to be a leader.

The key message in this post:
If you want a successful company, be both an entrepreneur and a leader. Managing your team fairly and effectively is just as important as risk-taking and passionate deal-making!