As a Business owner you should lead. ARE YOU A GOOD LEADER? tHESE 4 QUESTIONS MEASURE YOUR LEADERSHIP ABILITY. 

1. ARE YOU ABLE TO do your Important Tasks FOR THe DAY AND DELEGATE other NECESSARY TASKS to others EFFECTIVELY?

To become an effective leader, you should do those necessary tasks that you are suppose to do as a leader. And you should be able to delegate additional tasks to other people who are capable of doing them. You do not have to do everything by yourself just because you are in charge.

“To be a good leader, you cannot major in minor things, and you must be less distracted than your competition.” "To get the few critical things done, you must develop incredible selective ignorance. Otherwise, the trivial will drown you." Tim Ferriss said, the author of “The 4-Hour Work Week.” Leadership is also about intelligently. You cannot do everything by yourself, you need to have people who can help you out with decision making and other work.

2. ARE YOU ABLE TO COMMUNICATE YOUR IDEA about what SUCCESS means TO YOUR COMPANY AND TEAM?

A good leader must be able to communicate vision and mission of his/her company. Clearly explanation of your company’s goals would help the success of the company. You and your team could be able to work effectively toward those goals. You should define what success means to you and your company in some well-defined and measurable ways.

3. DO YOU CHECK IN TO SUPPORT YOUR TEAM?      

An authentic leader need to be supportive, empathetic and should understand his/her impact to the team. Your company team need to be comfortable with your leadership. If there are problems you as a leader should check in and provide your help effectively. Also your team need to rely on your help. For example Richard Branson the founder of Virgin Group has developed a plan for caring and supporting his staff.

4. DO YOU find DIFFERENT PERSPECTIVES OUTSIDE OF YOUR OWN?    

A good and effective leader seek different perspectives in order to make a decision. You need to compare your perception with others, do not simply depend on your own genius. Use the team of people to advice you on the idea and decision for your company.

Bill Gates is in Tanzania.

Bill Gates has arrived today in Tanga,Tanzania to help our healthy sector.

How could you be successful? Tips for successful business startups.

7 SIMPLE STEPS TO GET RICH

1.      GET IN THE GAME: The biggest mistake most people make when it comes to investing money. Robbins says, is simply not doing it out of fear that's too daunting a task." You don't want to own an Apple phone, you want to own Apple." He wrote in Money, Master the game.

2.      DON'T LOSE MONEY: This may seem like an obvious one but you always need to be thinking about mitigating risks. In unshakeable, Robbins explains that the first thing he wants to hear from his investors is how they can "minimize the downside" of a new investment.

3.      THE FIRST GOAL SHOULD BE FINANCIAL SECURITY: Robbins defines " financial security" as the money in your life where you are able to pay for at least five things with money you have made from investing; mortgage, utilities, transportation, food and basic insurance.

4.      MAKE FINANCIAL INDEPENDENCE YOUR NEXT GOAL: Robbins defines "Financial Independence" as the moment you make approximate 20 times your income off your investments. "It's where I don't have to work but I get the same lifestyle."

5.      DIVERSIFY YOUR INVESTMENTS: So how do you achieve security and independence? First Robbins says not to put all of your eggs in one basket. Diversify your investments in four ways: across different asset classes, within asset classes, across markets and countries and across time.

6.      BEWARE OF FEES: Compare adviser fees on everything. "What you don't know will hurt you in the financial world." Robbins writes in Money, Master the Game.

7.      BEWARE THE "ENDOWMENT EFFECT": Robbins says this emotional bias is caused by "Investors placing a greater value on something they already own, regardless of it's objective value." This makes it harder to part ways with a falling investment.

References; www.inc.com, The book; MASTER THE GAME written by Anthony Robbins.                                                                                  

Bill Gates and Mohammed Dewji

Bill Gates and Mohammed Dewji met at philanthropy forum in United states of America.
According to Forbes, Bill gates is a richest man in USA and Mohammed Dewji is a richest man in Tanzania.

HOW TO GROW AND MANAGE YOUR BUSINESS, quotes

Top ten richest people in the world

Ten rules for success by Steve Jobs.

Ten rules for success by Bill Gates.