3 Leadership Qualities That Helped Keep My Business Resilient To Crises 

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3 Leadership Qualities That Helped Keep My Business Resilient To Crises 

By Bogdan Nesvit | Edited by Micah Zimmerman | Entrepreneur Magazine | July 29, 2024

Extractive Summary of the Article | Read | Listen

Extractive Summary of the Article | Read | Listen

According to the author, two years ago, he was depressed. Business was struggling, the country faced war, and he had no idea how to support his-self and the team. Instead of complaining, he decided to work on himself: he went to therapy, consulted a coach and read self-help books.  He realized that the survival of his startup was 100% up to me, so he started working on mindful leadership.  His startup didn’t just survive — it thrived.   He launched new products, received great metrics, and raised investment.  Here are three qualities of a mindful leader that will help you navigate through turbulence.

1. Recognize destructive patterns and change the scenario.  If you were an outstanding student in high school and your family praised you for good grades, you probably formed a pattern: “I need to be the best to be loved.”  During brainstorming sessions, he found himself growing anxious and defensive when his ideas weren’t immediately hailed as the best. Criticism, no matter how constructive, felt like a personal attack. This certainly affected business results — discussions dragged on for hours, he wasted a lot of energy on conflicts, and the team thought he was toxic.  After reading Young and Klosko’s book “Reinventing Your Life,” he discovered this pattern and understood how to change it. Now, he doesn’t feel discomfort when someone criticizes him.   He adopted a new approach: to speak last in discussions. By allowing his team to express their thoughts first, he can listen attentively and objectively evaluate each idea’s merits. 
2. Separate yourself from your ego.  Your ego is like a voice that thinks it knows best. It can trick you into believing things that aren’t true, like thinking you’re a terrible person if you’re not constantly praised.  How this shows up at work: Imagine you’re interviewing someone more intelligent than you in some areas. If your ego is in charge, you might see this person as a threat instead of admitting their valuable expertise. This can lead to poor decision-making.  Your ego also affects how you feel about yourself. If your business results drop, your ego might make you think you’re a failure, but others might see this as a chance to improve.
3. Find your inner driver.  No matter what you do or what business decisions you make, psychology explains it with two types of drivers. The first is the pleasure drive, where you do something for reward or recognition. The second is the aggressive drive, where you want to challenge others, be first, or succeed at others’ expense.  However, there is a third driver that defines an influential leader. It is the generative drive. People with it are curious and always want to grow and improve things around them.  When you understand what truly drives you, especially if it’s a generative drive, you can lead your business in a way that’s not just about profit but about positively impacting the world.

3 key takeaways from the article

1. According to the author, two years ago, he was depressed. Business was struggling, the country faced war, and he had no idea how to support himself and the team. Instead of complaining, he decided to work on himself: he went to therapy, consulted a coach and read self-help books.  He realized that the survival of his startup was 100% up to me, so he started working on mindful leadership.  
2. His startup didn’t just survive — it thrived.   He launched new products, received great metrics, and raised investment.  
3. Three qualities of a mindful leader that will help you navigate through turbulence: recognizing and changing destructive patterns, separating ego from self, and embracing a generative drive to lead with purpose and resilience.

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Topics:  Entrepreneurship, Startups, Purpose, Ego