Leadership Ability = Person's Level of Effectiveness

"I believe that success is within reach of just about everyone. But I also believe that personal success without leadership ability brings only limited effectiveness." ~John Maxwell

Many people start a business hoping they'll be able to make it big. Sadly, only 1 out of 10 make it in the first five years. In the remaining ten percent who survives, 1 out of ten among them only reach the tenth year. Reasons for these business failures may be lack of proper financial education and lack of experience. Another reason may be lack of leadership skills.

Let's face it, when you start a business, you will be handling other people. Note: If you are not handling any and you do most the work in your business, you are not a business owner but a self-employed. When a company or organization is in trouble, it looks for a new leader. When a company booms, most of the time, it is handled by a great leader.

For some businesses who survives and succeeds, the challenge comes when the owner decides to expand. Some fail on this because their leadership ability is not capable of handling more people and more responsibility. This is where THE LAW OF THE LID comes in. The law states that you can only lead to the extent of your ability. And the your effectiveness as a person is determine by your ability as a leader.

Leadership can be learned. If you are thinking of expanding your business or starting one, you must focus on becoming a great leader.

Remember: The higher you want to climb, the more you need leadership. The greater the impact you want to make, the greater your influence needs to be.

View author's profile: Caren Kate Cu, Core Team

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