There are so many options in the franchise market, and you may select the one that best fits you using a variety of factors.
Did you know that your leadership style significantly impacts how you run your business, engage with customers, and interact with employees? Therefore, while you're assessing franchise opportunities, you should take your leadership style into account.
Which of these describes your leadership style?
Builder or Maintainer?
Builders are experts at spotting and harnessing untapped potential. They excel at conveying their passion to their employees and enjoy the process of beginning something fresh.
Maintainers are great at keeping things moving forward steadily. When they are in the weeds, they are at ease. In addition, they frequently possess the patience and steadiness necessary to maintain a team's interest over time.
Risk-Taker or a Researcher?
Those who take risks seize an opportunity. You're willing to take significant risks in the hopes of reaping significant gains. You're not bothered by failure. If one of your endeavors fails, you pick yourself up, take note of the lessons learned, and move on.
Researchers use caution. They read the small print, look out for warning signs, and research opportunities. People with this leadership style frequently like taking well-traveled roads. However, they dislike taking the lead.
Hands-On or Hands-Off?
Hands-on leaders know everyone's name, job title, and key tasks. They know everyone's position and recognize when people are not performing as expected.
Leaders who take a backseat to their teams have a great deal of faith in them. Despite knowing everyone's names, they might not be aware of their respective roles or the manner in which they carry them out.
They especially rely on managers for goal-setting, performance monitoring, customer satisfaction, and daily staff motivation. However, in the best-case scenario, leaders who don't actively engage with their team might motivate them by emphasizing their vision and objective.
I want you to know that there is a spectrum of these different leadership styles, and not many folks fall into the extreme ends of the spectrum.
It might be challenging to determine how these characteristics interact and which franchises are most suitable for your situation.
That’s where I can help. I’ve worked with many types of people and scenarios. So I have extensive experience assisting people in figuring out their strengths and purpose and the right path.
If you would like to find a franchise that fits your leadership style, please schedule a brief call here.