How Can Leaders Create A High Performance Team?

How Can Leaders Create A High Performance Team?

As your business grows, you notice you cannot do everything yourself and you need to start having a team of people around you. So, you start wondering – how can leaders create a high-performance team? The problem with a lot of entrepreneurs is that they are control freaks. They want to control everything and are afraid to let others make decisions independently. But you must know – delegating effectively can help you reach your goals faster. 

If you don't know your team's goal - you're not doing your job as a leader.

How to build a powerful team around you? This is a topic we could spend hours and hours talking about. Leadership, management, and human psychology – the key to success in business is in the right mix of these ingredients. 

It’s fine to do a lot more work when you just start a business. But, as it grows, if you don’t have a team – your business will remain the same and won’t be able to scale. And if your team doesn’t work well together, you will face incompetent workers and inevitable losses.  

With that said, if you’re a business owner and trying to build a successful high-performance team, you must understand your people. First, have a conversation with them. Listen to why they want to be there – by your side. What are their goals? Aspirations? What drives them? Only when you know answers to these kinds of questions and get to know your team will you know how to manage them. 

A good leader will take the time and effort to do this. Communication is very important in all aspects of life, especially for leaders.

Sharing Your Passion

Hiring people with the same mindset will benefit both because those are the people who work together to reach the same goal. 

With that said, finding the right people for your team is not easy. Usually, people come and go. Most organizations hire people who work set hours and quit if they are dissatisfied or unhappy. 

The worse thing is, you as a successful business owner have no idea what’s going on. Some business owners may only think about how much money they make, and they don’t care about their employees.  And sometimes they control everything – from money to sales.

The key thing to answer for yourself is – are you ready to be your own boss? If you have this control freak mindset – you will only draw attention to low-performance employees. So, as an entrepreneur, you must let go of some control to can start building a strong team. 

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 Get Your Team Involved With Your Vision

The very first thing you need to have is a vision.  Your vision is your greatest asset.  And when it comes to leadership you cannot inspire anybody without a vision. 

Think about history, when someone wants to conquer a country, they must inspire people by sharing a clear vision of conquest. The vision inspires commitment. It’s like “Hey, this is what we’re going to do!” – “That’s what it’s going to look like when we win!” 

Now, when you have a vision, you need to constantly share it with your team and remind them of it.  Getting them excited about the vision is one way to build their level of competency and efficiency.  Because people go through ups and downs… you have to keep reminding them of the vision and “selling” it to them over and over again. 

Cold Feet Leaders Don’t Make It    

If you’re unsure about your vision, you better not share it. The only thing you want to share with your team at all times is unstoppable and unshakable confidence. 

But then again, leaders develop cold feet. Just as when you want to stick to a strict exercise regimen, you must develop self-discipline. Make decisions and stick with them. Build a vision, and develop a strong mindset. Your mindset is the key to success. 

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Pitch Your Mission To Your Team

When you have a vision you’re secure in – constantly remind your team it. If you’re building a business because you want to be rich – that’s a wrong mission and there’s no vision there to get others excited about. Why would they want to help you get rich? You can’t create a high-performance team that way. 

You need to have a mission that inspires people – beyond just your own self-gain. The reason being, if you focus on your own self-gain, it may inspire only one person – Yourself.  

People want to belong to something bigger than themselves. They want to belong to some big vision and know that what they do is important to them. They want to know that you can and want to make a difference and they want to know that this difference will matter in the marketplace.

So, think about it and write out your “Mission Statement.” If your team is behind this mission – you will have a high-performance team. 

Now, let’s talk about the most important part – maintaining your mission.

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Establish A Culture-Driven Team

What makes up your culture is your value. Now that you’ve got your vision and mission, the third pillar of your team n is the value of your company. What do you stand for? 

In our team – culture is the key. People don’t separate themselves into different departments. Everyone is very helpful and supportive of each other and we work together toward our common mission. Everyone has a task, but we work towards our goals together. 

We argue, learn, fight, and then get back to work the next day and it’s all forgotten. We may have our disagreements and different opinions, and we love that. Disagreement is where we grow and we cultivate different opinions. We lay down our different options and we find solutions together. We’re focused on growth and excellence. 

We are committed to our work and we do not believe in a 9-5 schedule. People who are looking for 9 to 5 jobs are not a good fit for our organization. They would not fit the high-performance team we are. 

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Avoid Self-Gain

If you’re a lifestyle entrepreneur, it’s going to be challenging to build a high-performance team. A lot of people will say: “I want to work from home and I just want to make enough money by working from home.” or “I can choose my working hours when I work from home” 

But is this a proper vision? Mission? What kind of culture does this build? This is all about you and your needs, but where are your team-members? What kind of culture are you striving to cultivate? 

You need something big to attract talent. A self-centered mentality will not build a strong team.

Big Things Inspire Millions 

When Bill Gates said that he is going to put a personal computer in every household in North America, he presented an irresistible vision. With much determination from his high-performance team and himself as a leader, they achieved their vision. 

Now, think about Elon Musk – travel through space – that’s a big thing. The kind of thing that will inspire millions…Even though it’ll take them 5 to 10 years or 20 years to make it happen – that’s a big goal to look forward too and work for. Let’s say you’re not thinking that big.

But not everyone is Bill Gates. So how do you start something small, yet inspiring? What should you do as a leader? 

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What do you think?

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Salisu M.

Fund Manager | Fixed Income Trade Specialist | Portfolio Strategist | I Build Real Life Trading Algorithms

4 年

You have always been a point of motivation to me. Thanks Sifu

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Andres Romo

Business Development Specialist

4 年

Fantastic caption and read.

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Gabor Kocsi

Co-founder @ TeamTech Robotics - Hospitality and Retail Service Robot Provider | Restaurant General Manager @ Azotea Rooftop Bar & Restaurant Hyatt Leeds

4 年

As you always said Sifu, “Business is a team sport”. I could only be the best manager if i believed my team is the best. I think I believe them more sometimes then they believed themselves. Specially when times get difficult.

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Mustafa Co?kun

Emporio Armani Sales Specialist

4 年

Congratulations Dan ... You are analyzing all kind of business situations and investments with their consequences and you make a very big construction about global business area.

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