How to Be a Cutthroat Leader: 10 Steps to Building a Successful Business
In business, there’s no room for weak leaders. If you want to be successful, you need to be a cutthroat leader who knows how to get the job done – no matter what.
So, how do you become a cutthroat leader? It’s not as difficult as you might think. In fact, there are 10 simple steps you can take to become a successful business leader.
If you’re ready to learn how to be a cutthroat leader, then keep reading. You’ll learn everything you need to know about how to lead a successful business, including how to inspire and motivate your team, how to make tough decisions, and how to handle failure.
Step One: Understand Your Why
The greatest leaders are driven by the ‘why’ behind their business. Knowing why you do what you do will inspire your team and help you stay the course even when times are tough. As a cutthroat leader, you must be able to describe the why in a compelling way and lead from a place of authenticity. Take the time to reflect on the higher purpose that has inspired you to embark on this business adventure and let that purpose inform how you lead. The same goes for your team. Every team member should understand the why behind their work and how they fit into the grand scheme of the organization. Understanding the why will create a sense of shared purpose and give everyone a sense of pride and accomplishment. Having a shared why will create a powerful bond between you, your team, and the organization, radiating success inside and outside of the company walls.
Step Two: Hire Right
The second step is to carefully curate a team of extraordinary individuals that have the expertise, drive and ambition to help you reach your goals. As a leader, you have to have the courage to choose the best people for the job, even if it means rethinking your initial criteria. When hiring, focus on candidates with impeccable ethics, vast expertise, and an unwavering dedication to the goals of your business. Being an effective leader means making hard decisions – and hiring is no exception. If you come across a qualified candidate but feel they don’t quite fit, it’s best to respectfully let them go. Don’t settle when it comes to the people you hire – pick the team that you know will bring the highest level of success.
Step Three: Create a Positive Work Environment
Playing an active role in setting the tone of your company’s culture is essential in establishing a successful business. Cutthroat leaders create a positive work environment by emphasizing values such as teamwork, respect, communication, and transparency. They make it a priority to create a safe and open work space, and strive to foster healthy relationships with their team members. Creating a positive work environment also means taking time to celebrate small victories and recognize the contributions of each team member. Celebrating accomplishments, both big and small, helps foster an environment of encouragement, lifting spirits and inspiring your team to reach for bigger goals. Positive reinforcement is one of the most powerful tools for driving success, and as a cutthroat leader, you should use it to your advantage.
Step Four: Promote a Culture of Transparency
This step is closely related to creating a positive work environment. Keeping your team informed is key to building trust and having an engaged and productive staff. Teams perform best when everyone knows what the others are doing and when there is a shared vision of success. Cutthroat leaders empower their teams by giving them access to information and providing context. They recognize that the more informed a team is, the better they can do their jobs. They are open to criticism and welcome constructive feedback, viewing it as a platform for growth. When you make it your mission to cultivate a culture of transparency, your team will know that they can trust you and that their voice is heard.
Step Five: Encourage Learning and Development
As a cutthroat leader, it is important to have the courage to constantly evolve and shift your direction if needed. But in order to keep up with the ever-changing business landscape, you and your team must challenge yourselves and invest in continual learning and development. It’s essential to provide opportunities for your team to learn new skills, attend workshops and take on continuing education. A great leader leads by example and will actively participate in learning and development activities alongside their team. Investing in the growth of your team is one of the best ways to ensure long-term success and build a strong, competent team.
Step Six: Set the Tone
A strong leader’s presence should be felt throughout their organization. As a cutthroat leader, your attitude will set the tone for your team and will impact their performance. Establishing a positive attitude and letting it seep into every layer of the company will be essential to creating an exceptional organizational culture. Making sure everyone understands the vision of the company is critical in setting the tone, while inspiring others and providing guidance will become your mainstay. People will look to you as an example of how to conduct themselves, so it’s important to maintain a respectful and focused demeanor. As a cutthroat leader, it’s also important to be decisive in your decision making – this will create trust and foster respect between you and your team.
Step Seven: Lead by Example
Cutthroat leaders are excellent examples of professional excellence. They recognize their responsibilities and gladly rise to the challenge. They understand that their team is looking to them for guidance and direction and are willing to take the necessary measures to set them up for success. Cutthroat leaders take the initiative in their own learning and development and lead by example. They are eager to lend a hand and readily offer constructive feedback. As a leader, you must be willing to take risks and lead in a way that inspires others. People want to follow somebody who is passionate and fearless – someone who takes action and isn’t afraid of failure.
Step Eight: Hold People Accountable
The foundation of leadership is trust and respect. As a leader, it is up to you to ensure your team is held accountable for their performance. Make sure there are clear expectations and that accountability is given without hesitation. Don’t be afraid to call out mistakes – it’s often the best way to drive improvements. Having clear consequences for mistakes will help set the standard for the team. If a team member fails in their performance, you need to be prepared to take the necessary action – and be consistent with it. This will show respect for your team and reinforce professionalism. Step Nine: Let Go of Ego: As a leader, you can’t afford to be satisfied with the status quo.