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DOES HAVING A BIG EGO HELP IN BUSINESS?

GOOD SERVANT BAD MASTER

The effects on Ego on productivity

The effects on Ego on productivity

Ego is like fire. It’s a good servant but it can be a bad master if not kept under control.

In business, ego is essential for self-confidence. There is a huge difference between being modest and humble. There are no modest and successful entrepreneurs.

Now, if they take it to extremes, they end up with the “BOSS” (Business Owner Success Syndrome).

What’s the solution? How to come up with a healthy balance that benefits rather than harms your business?

Well, the biggest mistake a business owner can make is to think of themselves ONLY as bosses and not as leaders too. And, when I say to be a leader, I mean to lead by example as Julius Caesar did.

Treat your employees like Caesar treated his troops.

He made a public show of respect for his troops and said of himself ‘No condemnation could be too severe if Caesar did not hold the lives of his soldiers dearer than his own.’ He encouraged his troops to embellish their own weapons, which made them proud and also stand out.

Caesar would often send away his horse in a battle. That was a clear sign he would stand side-by-side with his troops.

He won respect from his men at a time when generals were leading from the rear. Suetonius said of him: ‘He always led his army, more often on foot than in the saddle.’ At 41, Caesar was a most skillful swordsman and horseman and showed surprising powers of endurance.

From the very first day I started my company, we have a rule: “We all do support tasks. We are all a support team.”

Whenever I can, I reply personally to support requests and especially to reviews. Both my remote team and our clients appreciate it when they see that their CEO and founder leave replies on weekends in the middle of the night.

Suetonius said: ‘He judged his men by their fighting record, not by their morals or social position.’

I judge my remote team members by their working records. I make sure that everybody is rewarded and praised for their accomplishments and commitment accordingly.

The Morale of my “troops” is essential for my business.

To be a successful leader is to be a good listener.

Ego can be useful, but also detrimental to a business

I don’t let my ego stand in a way of making good business decisions. Everybody’s feedback is not only welcome but strongly encouraged and awarded. There’s time for a business owner to listen, and there’s time to act.

They say that every man’s biggest enemy is their own ego. That doesn’t have to be true for you my friends. 

 

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