The Perfect Leadership Trio

The Perfect Leadership Trio

The Perfect Leadership Trio

Chip Conley, author of ” The Rebel Rules: Daring to be Yourself in Business, says your management team should consist of a brain trust that includes a “passionate visionary,” a “get-your-hands-dirty operator,” and a “responsible, finance-minded executive.”

But how do you use this in your business?

1. Passionate visionary. The passionate visionary is a creative idea person. She sees the market need and just how to sell and position the product so that clients or consumers will want the offering.

The visionary often has more ideas than budget. The finance role can help the visionary evaluate the profitability of her ideas and prioritize projects. The operator can help to execute the visionary’s ideas.

2. “Get-your-hands-dirty” operator. The operator is an executor. She is a systems builder who can develop the systems, job descriptions, procedures, and processes that make the company unique.

The operator takes the visionary’s ideas and makes them happen. She needs the visionary’s ideas because she would rather take someone else’s ideas and work with them than create her own. She also needs the support of the finance executive to stay on budget and to focus on one project at a time and avoid hiring too many people.

3. Responsible, finance-minded executive. The finance expert helps to make the dollars work for the company. She can tell us how much we need to sell and how much we can spend.

Without a finance executive, a company often spends more than it brings in and may not have a viable profit plan. It may also run out of cash, which can cause problems with creditors and investors.

All these traits can help create the perfect leadership trio for your business. For more ideas on how to be the best leader check out our article Seven Qualities of a Good Leader.

The following includes excerpts, reproduced with permission, from an article by Sandi Smith. The article features insights from The Rebel Rules: Daring to be Yourself in Business, by Chip Conley./span>

 

We hope you found this article about “The Perfect Leadership Trio” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at www.GROCO.com.  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe to our YouTube Channel for more updates.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.

Alan L. Olsen, CPA, Wikipedia Bio

 

 

GROCO.com is a proud sponsor of The American Dreams Show.

 

American-Dreams-Show-Accounting-firm-in-ca-cpa-tax-advisors-groco-alan-olsen

The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4

MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

IRS

IRS Shutters Some Operations, Self-Employed Get Unemployment and Track your Stimulus Check

IRS Shutters Some Operations, Self-Employed Get Unemployment and Track your Stimulus Check “The IRS is unable to process paper tax returns, respond to paper correspondence or staff toll-free live service lines. Please use all electronic options available to you on IRS.gov or through your tax software provider.” IRS shutters some operations, self-employed get unemployment and…

The Biden Administration Corporate Tax Proposal

Paycheck Protection Program and Other Deadline Updates 4.13.20

Non-Filers: Enter Payment Info Here

https://www.…

IRS Tax Extension

Latest IRS Tax Extension Clarifications as of Thursday, April 9, 2020 8:03 PM

1) Estimated Tax Payments for 2nd Quarter:  https://www.irs.gov/newsroom/irs-extends-more-tax-deadlines-to-cover-individuals-trusts-estates-corporations-and-others “Besides the April 15 estimated tax payment previously extended, today’s notice also extends relief to estimated tax payments due June 15, 2020. This means that any individual or corporation that has a quarterly estimated tax payment due on or after April 1, 2020, and before July 15,…

how IRS Can Help Business Owners Hurt by COVID Disaster

How IRS Can Help Business Owners Hurt by COVID Disaster

How IRS Can Help Business Owners Hurt by COVID Disaster Quick Summary: Disaster Area Declaration – Internal Revenue Code Sec. 165(i) Disaster losses in the current year can be taken on a prior year’s return (i.e., 2020 losses stemming from COVID-2019 can be taken on the 2019 return) The loss/deduction would need to be substantiated by…