The Essential Qualities of a Rising Young Founder

by / ⠀Entrepreneurship Startup Advice / May 16, 2022
Read on what it takes to be a successful young founder by learning what essential qualities are needed to begin a start-up company.

There are many qualities that a young founder needs to be successful. Do you have what it takes?

When you found a company, you can be caught off guard by some of the problems that arise. Similarly, it can be hard but developing leadership qualities will ensure that your business and you will survive.

Some are born natural leaders while others take a little longer to become a leader. Both are great options depending on who you are, but you don’t need to be a natural leader to be a leader. It can be a trial-and-error position that also informs how you lead.

1. Be decisive.

As a young founder, you will hire people who can focus on making the smaller decisions on their own.

But there are some that require to be made by the leader. The complicated thing as a leader is that you must deal with customers, clients, employees, stakeholders, and more. That means you need to consider the wants and needs of all these groups, find a compromise, and make the decision.

Being decisive means that sometimes someone will get the short end of the stick or that it will be unpopular. If it is dealt with integrity and respect, it should soften the blow.

2. Be honest.

A quality every founder needs is to be trustful and honest. Nobody wants to deal with a secretive and dishonest leader.

As a business leader, you need to be straight up about the good and bad happening in the company. Certainly, honesty is at all levels of the company and as your employees put themselves into your vision, they deserve to know what is going on.

In return, they will be honest with you. Regarding projects, logos, clients, themselves, and everything else. Cultivate a workforce built on trust and honesty and you will find a reliable and loyal team.

3. Be humble.

No one knows everything. That’s just common knowledge that ought to lead to humility.

Admitting that you don’t know everything is a humanizing trait that will cause you to be viewed more favorably. Similarly, as a leader, you will need to know how to put aside ego and get over yourself. You don’t know everything. You are not the most important person in the world.

And, sometimes, you’re wrong. And that’s okay. You hire people who can do the jobs that you don’t know how to do. Ideally, they’ll be smarter than you.

That doesn’t mean that they will have full control and whatever they say goes, but instead, take and accept their opinions as they are experts in their field.

If you micromanage everything you will annoy your workers and stress yourself over details that you don’t need to worry about. Consequently, it kills companies and it will force talented employees to seek employment somewhere else.

4. Be empathetic.

Another quality every startup founder needs is to be empathetic. This is a part of being trustworthy and having honesty.

Everyone you work and hire with is a real human being who, at the end of the workday, go home to their families and lives. Likewise, workers are not pawns in a game. They have problems, dreams, and motivations.

You need to get to know everyone and see what drives them. Take time out of the day to have a conversation with your employees. As a result, this leads to respect on both sides and will strengthen the workforce which, in turn, strengthens the business.

Related Post: 10 Qualities of a Successful Entrepreneur

About The Author

Tristan Anderson

Hello! My name is Tristan Anderson and I live in Manhattan, Kansas. I enjoy being in nature and animals. I am also a huge geek who loves Star Wars and has a growing collection.