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Opinions expressed by Entrepreneur contributors are their own. Leadership is one of those skills that most people believe they have, but very few actually do, and that's unfortunate because effective leadership is critical to being a successful entrepreneur. If you want to grow your company beyond a one-person operation, you need the ability to effectively lead a team. The larger your team grows, the more effective your leadership skills need to be because you're further from the front lines. I've been fortunate enough to have experienced a wide range of leadership styles throughout my career. Some served as powerful examples to model, while others served as examples to avoid. But I learned something important from every single one of them. And without question, one of the most effective leaders I've had the opportunity to meet is Marine Corps General Anthony Henderson . I first met him while I was serving in the Marine Corps when he took command...

Opinions expressed by Entrepreneur contributors are their own. "Let's say there's a game: 51%, you double the earth out somewhere else; 49%, it all disappears. Would you play that game? And would you keep on playing that, double or nothing?" Tyler Cowen asked Sam Bankman-Fried, the now-disgraced founder of the bankrupt cryptocurrency exchange FTX, in his podcast back in March 2022 . The vast majority of us would not take the risk of playing that game even once. After all, it seems morally atrocious to take a 49% chance on human civilization disappearing for a 51% chance of doubling the value of our civilization. It's essentially a coin flip. But Sam Bankman-Fried isn't like the majority of people. He responded to this question by telling the podcast host that he is quite willing to play that game — and keep playing it, over and over again. Cowen asked Bankman-Fried about the high likelihood of destroying everything by going double of no...

Opinions expressed by Entrepreneur contributors are their own. Executive presence is an elusive but powerful attribute. Those who have mastered it command attention the second they enter a room. It seems effortless from the outside, but executive presence is the result of careful cultivation. Typically, executive presence is found in high-ranking leaders, but it takes more than title or rank to gain this influential attribute. There are many presidents and CEOs in the world, but few can match the presence of leaders like Ralph Lauren or Tim Cook, who wield disproportionate influence in the business world thanks to their charismatic, composed air. What is executive presence, really? We all already exude a certain presence, even if we're not aware of it. The way you dress, speak, write and interact socially all create a picture surrounding you that your peers pick up on. Those who have executive presence are intentional about their presence and tailor it caref...

Elizabeth Holmes, the founder of the not-so-revolutionary blood-testing company Theranos, has been gripping the headlines for nearly a decade. Although she was once seen as an impressive young entrepreneur, a shocking Wall Street Journal expose in 2015 revealed that her blood-testing technology didn't produce accurate results, giving thousands of people faulty reports. Holmes stepped down as Theranos CEO in 2018 and was convicted of four fraud-related counts in January 2022. She is set to be sentenced on November 18. The saga was fictionalized by streamer Hulu in March 2022's "The Dropout" with Amanda Seyfried, who won an Emmy for her portrayal of Holmes. Image credit: GLENN CHAPMAN/AFP via Getty Images Who Is Elizabeth Holmes? Elizabeth Holmes' journey began at Stanford University in 2002 , where she had planned to study medicine until she realized she had a fear of needles and blood. Inspired by her own skittishness, she filed a patent for a wea...

Opinions expressed by Entrepreneur contributors are their own. Vitiligo is a skin disorder where patches of colored skin lose pigment and turn white. This cosmetic condition is physically harmless yet can cause "spotted" persons to stand out from the crowd. I've had vitiligo since I was 12. Beginning as a small spot on the side of my mouth, my mother thought I had forgotten to wipe away toothpaste. Now, at age 43, 35% of my body has lost pigment in various patches across my arms, legs and back. Most would think of this condition as disfiguring, socially debilitating and, quite honestly, depressing. Yet my success today has been guided by a journey to gracefully be different. Below are four reasons why standing out has led me to stand up as a stronger leader. Related: 4 Surprisingly Simple Ways to Stand Out From Your Competition 1. It's okay to feel lonely Growing up, I did not know another soul that looked like me. It was clear that people wou...

Carmine Gallo is a Harvard instructor and the author of The Bezos Blueprint . He says Bezos uses simple, often one-syllable words, to talk through difficult things. Gallo says Bezos also used a "Day 1" mindset that involved obsessing over the customer. This story originally appeared on Business Insider . Kevin Mazur/Getty Images for DJ via Business Insider Jeff Bezos wrote 48,000 words in his letters. Amazon founder Jeff Bezos is a dreamer who turned a bold idea into one of the world's most admired brands. When Bezos took the company public in 1997, he began writing annual letters to shareholders, a habit that continued until he stepped aside as CEO in 2021. Bezos wrote just over 48,000 words in all. His letters fueled Amazon's growth and created innovative communication strategies. "The Bezos letters give us a unique opportunity to see a genius explain his work,...

Opinions expressed by Entrepreneur contributors are their own. An exhausted mind wanders off-task and increases the chances of failure. Instead, use the "Goldilocks Zone" approach to boost focus in the face of distractions. Are you unstoppable? Take the FREE quiz now to find out! (only available for a limited time) And be sure to grab a copy of Ben's award-winning book, Unstoppable , which has been read by more than 70,000 people worldwide. https://www.tausiinsider.com/3-new-ways-to-develop-laser-like-focus/?feed_id=334038&_unique_id=64826b696a599

Opinions expressed by Entrepreneur contributors are their own. It was easy to go home because we had to. Now, how do we get people to want to come back? In 2019, less than 6% of American workers worked primarily from home. Then COVID hit, and by May 2020, 35% of workers worked completely remotely, as high as 57% among professional and management occupations. Now, business leaders want people back in the office . Without in-person workplace interactions, leaders see workers missing out on building vital connections that facilitate collaboration and innovation and the soft skills gained by interacting with people at various levels within the company. But according to Pew research , 61% of remote workers say they work from home because they prefer to. Among knowledge workers unsatisfied with their current workplace flexibility, 71% said they were open to finding another job in the oncoming year. Demanding workers come back will drive quit rates and turn off new t...

As the holiday season gets underway in the Big Apple, there's nothing like taking a shopping trip to the city's iconic department stores as they unveil their holiday windows. And if you're working for Barbara Corcoran, you might actually get to leave with something. The Shark Tank star took her staff on a shopping spree this week, first to Saks Fifth Avenue and then to Tiffany & Co. "Showing my team how much I appreciate them!" Corcoran captioned the Instagram post. "I'm taking my office out today, and our first stop is Saks!" Corcoran says. In the video, Corcoran says her employees can pick out any shoe they want. "Hope it's expensive!" she added. Commenters praised Santa Corcoran and wished their bosses did the same. "This is awesome!!! Showing appreciation for those you work with goes a long way. I wish more bosses did things like this," one commenter said. "Leadership at its best! Appreciation goes ...

Opinions expressed by Entrepreneur contributors are their own. Thanksgiving is the holiday where we are encouraged to be thankful for the good things in our lives -- health, safety, adequate food, clothing and shelter, plus all the material blessings we have. For most people, Thanksgiving is usually more of a personally-focused celebration, including sharing meals and time with family and friends. Hero Images | Getty Images But the Thanksgiving holiday season can also be an opportunity to focus on, and be reminded of, the positive aspects of our work lives. This is especially true in these more difficult economic times, where many who desire employment are unable to find work or have to settle for a job beneath their professional capabilities. https://www.tausiinsider.com/thanksgiving-is-a-reminder-to-appreciate-your-staff/?feed_id=333154&_unique_id=6475169184658

Opinions expressed by Entrepreneur contributors are their own. This article originally published Nov. 24, 2015.  With Thanksgiving right around the corner, I wanted to share with you 20 quotes that really help put into perspective the power and importance of being thankful more of the time and not just on one particular day out of the year. https://www.tausiinsider.com/20-quotes-on-the-importance-of-thankfulness-and-gratitude/?feed_id=333092&_unique_id=6473e48a5272d

Opinions expressed by Entrepreneur contributors are their own. We live in times when personal development and growth have transformed into one of the most important topics that intrigue our minds. Together with establishing healthy self-esteem, proactivity and productivity skills, confidence has turned into a viral subject that interests virtually everyone who aims at elevating their personal development. In today's dynamic and competitive world, it's the confidence that enables us to showcase our strengths, what we are good at and what helps us stand out in a sea of individuals sharing the same passion. In the context of leadership and management, confidence certainly goes hand in hand with success. Anyone who expresses leadership aspirations should start working on their confidence levels — in the end, it's the fuel that drives our determination. Let's focus on confidence in leadership. Here's why it is so important to establish and maintai...

Elena Rosa is a Los Angeles-based artist who wanted to create a lesbian story world where people of all genders, sexualities and identities could learn about lesbian bar history. She drew from photographs, writings and interviews with former bar patrons and bar owners to bring L-BAR to life. Rosa sat down with Jessica Abo to talk about her interactive online bar and salon, and her advice for anyone trying to create a sacred experience. Jessica Abo: You've spent years working as an actor and artist and say you're really passionate about creating different worlds. What is it about creating environments that lights you up? I love building environments. I like thinking about our architecture and how that frames our identity. I have a particular fascination with Byzantine churches, the way the masses can walk into this dome, this heaven on earth and everyone has one focal point. Straight ahead is the focal. It's one truth, one belief. And if you look to th...

Here's a simple technique for making lasting change. https://www.tausiinsider.com/dont-break-the-chain-one-entrepreneurs-method-for-achieving-any-goal/?feed_id=332534&_unique_id=645f687771261

Opinions expressed by Entrepreneur contributors are their own. In a previous article, I explored several reasons Black diversity officers struggle and how their CEOs can help. That opens the door to more straight talk about how the leaders themselves can step into their success and how their executive colleagues can be part of that success story. I focus on diversity leaders who identify as Black for three reasons: a majority of diversity leaders in America are Black, their Blackness matters and the opportunities they have are familiar to every diversity leader. At this point in history, inclusive leaders are learning to focus on race and keep other aspects of identity in view simultaneously. Let's look at four ways you, as a diversity leader — or as one of your executive peers — can thrive in this vital role. 1. Ensure that the Diversity Leader's role is scoped and resourced for achievement The 'DEI Why' has to be clear and achievable. Yes, it...

Opinions expressed by Entrepreneur contributors are their own. Life in business is a never-ending series of ebbs and flows. The moment we learn to surf one wave, conditions change and we must paddle furiously to catch the next. Change is a constant, not a single passing event. As leaders, we need to prepare accordingly. No matter how high the swells or how many times we get knocked off the board, we can't afford to take our eyes off the wave we're on or those looming on the horizon. Great change leaders know how to live in the present and the future, they know when it is and isn't appropriate to implement change, and lastly, they know how to embed change resilience into their organizations. Related: How to Become the Change-Enforcing Leader Every Company Needs to Scale Stay laser-focused on the now, but live in the future To be effective, leaders must learn how to distribute their focus between the present and the future. They need to be able to pour...