What it takes to become a leader

There are many different characteristics required of a leader. Some say, to be an effective leader, one has to have clear foresight, a strong vision, great people skills, and a never-say-die attitude. Aside from leading a team, he must also be good at encouraging each member of the team, developing their strengths and harnessing their talents.
The type of leader that can be effective depends entirely on the environment they will be moving in. In the technology industry, leaders are supposed to be innovative thinkers possessing visions of a grand high-tech future. In the field of sales and marketing, there are the practical strategists who study consumer behavior and take advantage of this to earn profits for the company. In public service, leaders need to have integrity, honesty, and a desire to uphold the public good, no matter the cost.

A leader’s creative spirit becomes hugely important as well. Knowing that there are several ways to skin a cat helps in any kind of situation. If the market pie is not big enough for one’s big idea, then bake your own pie. This is where one’s vision comes to fruition. The effective leader thus needs to be an perceptive decision-maker, with the skill to go around various ‘good’ ideas in order to focus on the ‘one big thing.’

However, having all the qualities mentioned previously may not be enough. Oftentimes, the biggest factor that makes one a great leader is the way you treat your people.  More probably than not, they’re the ones doing the dirty work. It is up to the leader to make sure these people continue to do their part, and by doing this, everyone benefits. The bottomline is: a leader’s success is measured by how successful his people have become.

Experience is over rated!

These days, young people everywhere are finding it difficult to find and hold onto jobs, as many job ads require an amount of prior experience from employees before they’re hired by the company. And that makes it tough for aspiring youngsters to get their first real jobs, usually the one they really need to make it in their industry of choice.

Particularly in the field of business, people tend to think that experience is necessary for a job. But we believe that in some cases, it can be overrated. Constantly being picky about the kind of experience your employees have had before applying to your company can discourage potential talents, and indeed make it harder for you to fill the spots or roles you need!

In our opinion, there are more important things one has to look at instead of experience. For one, that your prospective employee has the right kind of attitude for the job. They must have the right certifications the job requires, if necessary. They must be willing to learn, able to work in a team, and prove that whatever skills they develop will benefit the company in the long run. By looking at what a prospective employee can bring to the table, and not the old, tried, standard things they have already brought, companies can cultivate a new generation of professionals who will also know the value of working hard and trying new things.

This is a trend that can be followed across a variety of companies in the country, particularly with the smaller ones. often they provide a training program for new employees which are able to give them the skills they need while working and allow them to better assess which ones are fit for the job. These new methods of seeking out fresh talent in businesses keep companies growing and help first-time jobseekers reach their goals.

Why local businesses are important to the locals

2015 is almost over and the number of small businesses around the world is booming. More and more young entrepreneurs are entering the scheme and more importantly, they are helping their community. From this vantage point local businesses get a better handle of what the community and people multinational businesses tend to do.

Local businesses hire local talent, around them need, allowing them to market or produce according to their unique situations. It’s a ‘by the people, for the people’ situation that enriches the locality in more affordable ways than one, creating job opportunities for many people in the community even without the need for more experienced or professional personnel. Similar like the giant corporate like Myers. In fact look at the number and they may even be the same (per head).

They use local resources, encouraging the community to take care of the environment, and therefore saving a big cost from buying products and materials from other manufacturers. Their services are usually cheaper and more personalized than those given by bigger businesses, who many people say tend to lose touch with their customers. And local businesses create bonds and connections within the community that benefit everyone.

Supporting your local business can encourage other young entrepreneurs to start their own. Many locals are proud of the small businesses in their community. The number of such businesses across the country is growing and they do very well– not only for their owners, but for the people around them, who proudly buy merchandise made from products they know, in places they are familiar with, from people who are essentially their neighbors. It creates trust, brand loyalty and sustainability within the community, and small businesses with reasonably-priced and high-quality products adds to the value of the neighborhood.

Today, more than three hundred local businesses have been operating for more than twenty years and have established good reputations in their community. People in the neighborhood value them for their friendly service, the opportunities they create and the convenience of their locations which saves them petrol and transport costs. They have become staples and constants in the neighborhoods they operate in, working in symbiosis with their community to meet customer needs.

Storage facility in Perth just opened

If some of you remember, we featured a Perth business dealing with liquid limestone (check out our previous post here). This time around, we are featuring yet another Perth local business who have just opened their doors to the public. The business name is Storage Perth WA, check out their website at www.storageperthwa.com.au and check out what they have to offer. We encourage you to support them!

Located in Welshpool, in the newish look industrial area, the storage company is bound to raise some eyebrows. Why? Simply because they are taking on the big boys in the game. For Perth residents, you may know some big names in the storage industry such as Koala storage and other similar big companies. But the owner of Storage Perth WA is confident that there is enough demand within the metropolitan area. The owners have previous and current experience in the removals service, so the move to incorporate storage services is a natural move. In fact, removals and storage pretty much goes hand in hand. Take a good look around, many removals company will also offer self storage facilities.

Location map:

map of business

As admin of BMLTA, I urge our readers to offer their support to this local business in any shape or form. Spread the word around about their opening! Perhaps you are actually looking for for somewhere to store your belongings, or maybe you don’t any space left around the house. Then please check out what Storage Perth has to offer. By supporting local businesses, we keep the money right here in Australia and also provide job opportunities for local people. Help the locals… by supporting your local businesses. Don’t get us wrong, the big boys in the field also play a pivotal role in our community; but the smaller players also have their role. So let’s show them our support and wish them all the best.

Another note to add, is the owners of the business mentioned above are also currently enrolled in our business leadership course. So you are rest assured that they are very serious with their new venture, make no mistake about it!

If you have any comments in relation to local business in particular, please fill in the comment form below this page. Even if you just wanted to say hi. We’d like to hear what you have to say!

Liquid limestone: Busy period in Perth

It is quite common for a business to have a cyclic revenue pattern. Certain time of the year it may be quite and other periods it may be very busy. In the Perth area, liquid limestone peak season is usually just before the summer months. Probably explained by home owners wanting to prepare for summer. That is, to install the liquid limestone in time for use during summer. Especially the “cool to walk” feature being its primary attraction.  One leading and well respected Perth liquid limestone business share their view on the importance of being prepared for the busy periods.

Here is a video on youtube that show their workers in action, the video page will also have a good description of what services they cover:

As you can see, the work are done outdoors. The owner of this business say that although busy periods are good because of the extra revenue generated, it can sometimes be stressful as deadlines are usually pretty tight owing to demand from customers. But through their experience, they now eagerly await the busy periods with a smile. Why, because they are prepared and know what to expect. By doing so, they will give themselves the best chance of maximising the revenue during the busy periods.

Many other business know that preparation is vital prior to peak period, but unfortunately many fail to deliver the goods. So when asked what is the secret to being prepared, the above business simply said: listen to your customers and anticipate the answer beforehand. In their niche (liquid limestone supply and install), the following are what they regard as important to be on top of:

  • liquid limestone stock
  • type of liquid limestone (list in order of popularity)
  • the expected turn around time by clients
  • additional resources, eg. hiring contractors

The beautiful thing is that the above pointers can also be applied to other business niches. Generically: stock, turn around time, staff number are some of the critical factor when it comes to being ready.

So there you go. Whether its a liquid limestone business or something else, being ready for the busy period will make sure your business take advantage of the plentiful work available and should see your revenue amount improved.

Risk presents opportunity

If you ask successful business people, then most likely than not, they would agree that  taking risks may land them the biggest opportunity. Take a look at some of the biggest names to date. Some has risked millions to make it to where they are now. So it may not always seem flowery at the start. But those who have made it to the top , albeit a rocky start, will not have it any other way.

This is something that we all can learn from. Too many times, when starting up a business; we are reluctant to spend in order to accelerate the growth. Many make the mistake of not reinvesting back into their business.

Reinvesting back to their business is considered a must, especially when dealing with technology changes. Also, outsourcing should also be considered for small business owners to negate them from having to do the mundane tasks. So the owner can concentrate on the important issues like targeting prospects etc. .

So the take home message is:

Don’t be afraid to take some risk because you make an unbelievable return!

taking risk