How Coaching Can Accelerate Leadership Development

When we think about leadership, we often imagine someone who’s confident, decisive, and always seems to know exactly what to do. But let’s be honest—no one is born a perfect leader. Leadership is a skill that’s honed over time, and one of the most powerful tools to accelerate this development is coaching. If you’ve ever wondered how coaching fits into the leadership puzzle, you’re about to find out.

Why Coaching?

Coaching is like having a personal trainer for your leadership muscles. It’s not about someone telling you what to do, but rather guiding you to discover the answers yourself. A good coach doesn’t just focus on your immediate challenges; they help you see the bigger picture, identify your strengths, and address your weaknesses in a way that’s constructive and empowering.

Think of coaching as a mirror—it reflects back to you not just your actions, but the intentions and beliefs behind them. This reflective process is crucial for leadership development because it encourages self-awareness, a key component of effective leadership. When leaders are aware of their own strengths, limitations, and the impact they have on others, they can lead more authentically and effectively.

The Role of Coaching in Leadership Development

So how exactly does coaching accelerate leadership development? Let’s break it down:

  • Personalized Development: Unlike generic training programs, coaching is tailored to the individual. It’s a personalized approach that takes into account your unique context, challenges, and goals. This means that the development you gain through coaching is directly relevant to your leadership role and the specific issues you face. It’s like having a custom-built roadmap that guides you through your leadership journey. Example: Imagine you’re a leader struggling with delegation. A coach can work with you to identify the root causes—whether it’s a lack of trust in your team, fear of losing control, or something else entirely. They can then help you develop strategies to overcome these barriers, practice new behaviors, and gradually build confidence in delegating tasks.
  • Enhanced Self-Awareness: Coaching provides a space for leaders to reflect on their behavior, decisions, and the impact they have on others. This increased self-awareness is crucial for leadership because it helps leaders understand how they’re perceived by their teams, what their blind spots might be, and how they can adjust their approach to be more effective. Example: A leader might not realize that their tendency to micromanage is demotivating their team. Through coaching, they can gain insights into how this behavior is affecting team morale and learn to adopt a more empowering leadership style.
  • Building Resilience: Leadership is full of challenges—some expected, others not so much. Coaching helps leaders build resilience by equipping them with the tools and strategies to handle setbacks, manage stress, and bounce back from difficult situations. Resilient leaders are better able to navigate the ups and downs of leadership, maintaining their focus and effectiveness even in tough times. Example: A leader facing a significant organizational change might feel overwhelmed by the uncertainty. A coach can help them develop coping strategies, such as reframing challenges as opportunities or practicing mindfulness techniques to stay grounded.
  • Accountability and Goal Setting: One of the most powerful aspects of coaching is the emphasis on accountability. Coaches work with leaders to set specific, measurable goals and then hold them accountable for making progress. This keeps leaders on track and ensures that their development is not just aspirational but actionable. Example: If a leader sets a goal to improve their communication skills, a coach will help them break that goal down into actionable steps—such as practicing active listening in meetings or seeking feedback from their team—and regularly check in on their progress.
  • Developing Emotional Intelligence: Emotional intelligence (EI) is often cited as a critical factor in effective leadership. Coaching helps leaders develop their EI by focusing on self-awareness, self-regulation, empathy, and social skills. Leaders with high emotional intelligence are better equipped to manage their own emotions, understand the emotions of others, and build strong, collaborative relationships. Example: A leader who struggles with managing conflict might work with a coach to develop greater empathy, improve their communication skills, and learn techniques for de-escalating tense situations.

The Coaching Process

Coaching isn’t a one-size-fits-all process; it’s a dynamic and iterative journey that evolves as the leader grows. However, there are some common elements that typically define the coaching process:

  • Assessment: The process often begins with an assessment phase, where the leader’s strengths, weaknesses, and development needs are identified. This could involve self-assessments, 360-degree feedback, or other tools that provide a comprehensive view of the leader’s current state.
  • Goal Setting: Based on the assessment, the leader and coach work together to set specific development goals. These goals should be SMART—Specific, Measurable, Achievable, Relevant, and Time-bound—to ensure they are clear and actionable.
  • Action Planning: With goals in place, the leader and coach create an action plan that outlines the steps the leader will take to achieve their goals. This might include practicing new behaviors, seeking feedback, or experimenting with different leadership styles.
  • Implementation: The leader begins to implement the action plan, with ongoing support and guidance from the coach. This phase is where the real work happens, as the leader puts new skills into practice and begins to see the impact on their leadership.
  • Reflection and Adjustment: Throughout the process, the leader and coach regularly reflect on progress, discuss what’s working, and adjust the plan as needed. This iterative process ensures that the leader continues to grow and develop over time.

Coaching and Organizational Impact

While coaching is incredibly valuable for individual leaders, its benefits extend far beyond the individual. When leaders are effectively coached, the entire organization can experience positive ripple effects. Teams are more engaged, communication improves, and the overall organizational culture becomes more positive and productive.

Organizations that invest in coaching often see improved performance, higher employee satisfaction, and better retention rates. This is because coaching doesn’t just develop leaders—it develops better leadership, which in turn creates a more supportive and empowering environment for everyone in the organization.

Conclusion

Coaching is a powerful tool that can accelerate leadership development by providing personalized, reflective, and actionable guidance. It helps leaders build the skills, self-awareness, and resilience they need to navigate the complexities of leadership and drive positive change within their organizations. Whether you’re an emerging leader or a seasoned executive, coaching can help you reach your full potential and make a lasting impact.


Postscript: Stay tuned for more insights on leadership development in upcoming blog posts. And if you’re eager to explore the nuances of coaching and leadership further, don’t miss out on my book Leadership Velocity Leadership Velocity, available on Amazon.

Got questions or want to share your own leadership experiences? Feel free to drop me an email—I’m always up for a good conversation about what makes leadership tick!

The Four Phases of Leadership Development: From Awareness to Action

Leadership doesn’t just happen overnight. It’s a journey—a process that unfolds over time as individuals grow, learn, and adapt. If you’ve ever wondered how leaders evolve from being promising potentials to effective influencers, then you’re in the right place. Today, we’re diving into the four phases of leadership development: Awareness, Understanding, Motivation and Ability, and Action, along with the crucial lateral dimensions of Context and Resources and Support.

Phase 1: Awareness

The journey begins with awareness—what I like to call the “light bulb moment.” This is when an individual first recognizes the need for leadership development, either within themselves or within their organization. It’s like standing at the foot of a mountain and realizing that reaching the summit will require more than just wishful thinking. You’ve got to be prepared, equipped, and most importantly, aware of the journey ahead.

Awareness often arises from a specific event or feedback—a performance review, a challenging project, or even a personal epiphany. It’s the phase where leaders start to ask themselves important questions: What does it mean to be a leader? Where do I stand right now? What skills or competencies do I need to develop? This phase is all about self-reflection and recognizing the gap between where you are and where you need to be.

But awareness isn’t just about identifying gaps; it’s also about identifying strengths. A crucial part of this phase is understanding what you already bring to the table and how those strengths can be leveraged in your leadership journey. Think of awareness as the foundation of a house—everything else is built on top of it.

Phase 2: Understanding

Once awareness is achieved, the next phase is understanding. This is where the rubber meets the road—the phase where individuals start to dig deeper into the competencies and skills they need to develop. It’s one thing to know you need to improve your communication skills; it’s another to understand how to do it effectively. Understanding is about connecting the dots between the abstract concepts of leadership and the practical steps needed to develop those competencies.

In this phase, leaders begin to explore the theories, models, and frameworks that underpin effective leadership. It’s like being in the classroom of leadership—reading, learning, and absorbing as much information as possible. But understanding isn’t just about intellectual knowledge; it’s also about emotional and attitudinal understanding. Leaders need to grasp not just what to do, but why it matters and how it aligns with their personal values and goals.

Imagine you’re learning to cook a new recipe. Awareness is knowing you need to improve your culinary skills; understanding is mastering the ingredients, techniques, and timing that go into making the dish. In leadership development, understanding provides the roadmap that guides the journey.

Phase 3: Motivation and Ability

With awareness and understanding under their belts, leaders enter the Motivation and Ability phase. This is where the desire to grow meets the capability to do so. Motivation is the inner drive that pushes leaders to pursue their development goals, while ability refers to the skills and competencies they’ve acquired and are continuing to refine.

In this phase, leaders begin to align their personal motivations with their leadership journey. They ask themselves critical questions: Why do I want to lead? What impact do I want to have? This is the phase where passion meets purpose, and where leaders start to see the connection between their personal aspirations and their leadership roles.

But motivation alone isn’t enough. Leaders also need the ability to translate their intentions into action. This is where the practice of leadership comes into play—leaders work on enhancing their skills, seeking feedback, and refining their approach. Think of this phase as the engine of leadership development—it’s what propels leaders forward, turning potential into performance.

Phase 4: Action

Finally, we arrive at the Action phase—the pinnacle of the leadership development journey. This is where leaders take the skills, competencies, and motivation they’ve developed and put them into full action. It’s not just about practicing in controlled environments anymore; it’s about leading in real-time, making decisions, and influencing others in meaningful ways.

The action phase is where leaders truly come into their own. They’re not just following a script—they’re adapting, innovating, and leading with confidence. This phase is about making a tangible impact, whether it’s driving organizational change, mentoring others, or achieving key business goals. It’s the phase where leadership development moves from theory and practice to real-world application.

Imagine a musician who has spent years learning their instrument. The action phase is their moment on stage, where they bring everything together—knowledge, skill, and passion—to create a memorable performance. In leadership, the action phase is where leaders step into the spotlight and make their mark.

The Lateral Dimensions: Context and Resources and Support

While the four phases of leadership development form the core of the journey, it’s essential to consider the two lateral dimensions that influence every step: Context and Resources and Support.

  • Context: Leadership doesn’t happen in a vacuum. The context in which a leader operates—the organizational culture, the team dynamics, the external environment—greatly influences their development. Context shapes how leaders interpret challenges, make decisions, and interact with others. It’s like the climate in which a plant grows; even the most robust plant needs the right environment to thrive.
  • Resources and Support: No leader develops in isolation. Access to resources—whether it’s training programs, mentorship, or a supportive network—plays a critical role in leadership development. Leaders need the right tools and support systems to succeed. This dimension is like the soil and nutrients that nourish a growing plant, providing the foundation for healthy growth.

Bringing It All Together

The four phases of leadership development—Awareness, Understanding, Motivation and Ability, and Action—along with the lateral dimensions of Context and Resources and Support, create a comprehensive framework for developing effective leaders. This journey is not linear; leaders may revisit these phases multiple times as they grow and evolve. The key is to recognize where you are in your journey and what you need to focus on to keep moving forward.

Leadership development is a continuous process. Even seasoned leaders find themselves cycling through these phases as they face new challenges and opportunities. The important thing is to stay committed to the journey, embrace each phase with an open mind, and remember that every step you take brings you closer to becoming the leader you aspire to be.


Postscript: Stay tuned for more insights on leadership development in upcoming blog posts. And if you’re eager to explore the nuances of the leadership journey further, don’t miss out on my book Leadership Velocity, available on Amazon.

Got questions or want to share your own leadership experiences? Feel free to drop me an email—I’m always up for a good conversation about what makes leadership tick!

Understanding Leadership Competencies: A Practical Guide

Let’s face it—when it comes to leadership, everyone has their own idea of what makes a great leader. Some say it’s about charisma, others argue it’s all about strategic thinking, and a few insist that it’s the ability to inspire. But if you really want to crack the code on leadership, you need to get down to the nitty-gritty: competencies.

What Are Leadership Competencies, Anyway?

Before we dive into the details, let’s clear up what we’re talking about here. In the simplest terms, leadership competencies are the knowledge and knowhow, the behaviors, and the attitudes that allow someone to effectively perform in a leadership role. Think of them as the building blocks of great leadership. These aren’t just abstract qualities like “being nice” or “working hard”—we’re talking about specific, actionable traits that can be developed and honed over time.

Imagine you’re building a house. Leadership competencies are the bricks, mortar, and beams that hold the whole structure together. Without them, you might have a nice design on paper, but it won’t stand up in a storm. Competencies are what give your leadership a solid foundation.

The Three Pillars of Leadership Competencies

When we talk about leadership competencies, it’s important to understand that they’re made up of three key components: knowledge and knowhow, attitudes, and behaviors. Think of these as the ingredients in a recipe—each one plays a crucial role in creating the final dish. However, unlike technical or professional competencies, leadership competencies are unique in that they are predominantly behavioral in nature.

  1. Knowledge and Knowhow (Cognitive Component): This is the “I know” part of a competency. It involves the intellectual skills and knowledge that leaders need to understand their roles, make informed decisions, and solve complex problems. In the realm of leadership, while this component is important, it plays a less central role compared to technical competencies. Think of it as the foundation of a house—it supports everything else, but it’s not what makes the house truly stand out. Example: Take strategic thinking, for instance. A leader with strong strategic thinking skills knows how to analyze market trends, understand the competitive landscape, and plan for the future. It’s like having a well-calibrated GPS that helps you navigate through the complexities of the business world. However, in leadership, knowing the direction isn’t enough—it’s about how you guide others along that path.
  2. Attitudes (Attitudinal Component): This is the “I am” part of a competency. It refers to the mindset, values, and attitudes that influence how a leader approaches their work, interacts with others, and responds to challenges. In leadership, attitudes are critical because they shape a leader’s behavior and, ultimately, the behavior of their team. One could even argue that attitude is simply a behavior directed inward, influencing how a leader conducts themselves under pressure. The attitudinal component is like the internal thermostat of leadership—it determines how a leader behaves and reacts in various situations. Example: Emotional intelligence is a key attitudinal component. Leaders with high emotional intelligence approach situations with empathy, self-awareness, and a calm demeanor. It’s like having a finely tuned instrument that helps you play the right notes in any given situation, creating harmony instead of discord. In leadership, this internal compass is often what distinguishes a good leader from a great one.
  3. Behaviors (Behavioral Component): Finally, we have the “I do” part of a competency. This involves the actions and behaviors that leaders exhibit in their day-to-day roles. In leadership, the behavioral component is paramount—it’s what others see, experience, and respond to. Leadership is fundamentally about influence, and that influence is exerted through behavior. The behavioral component is the user interface of leadership—it’s how leaders interact with their teams, make decisions, and drive results. Example: Consider the competency of Employee Engagement and Empowerment. A leader who excels in this area doesn’t just understand the theory behind motivating and empowering employees—they actively create an environment where team members feel valued, trusted, and empowered to take initiative. This leader delegates responsibility, encourages autonomy, and supports their team in taking ownership of their work. It’s like being the conductor of an orchestra—each musician has the freedom to express their talent, but it’s the leader who brings it all together in harmony, ensuring that everyone contributes to the overall success of the performance.

The Behavioral Nature of Leadership Competencies

What sets leadership competencies apart from other types of competencies—like technical or professional competencies—is the emphasis on behaviors and attitudes over pure knowledge. While knowing the theories and strategies is important, what truly makes a leader effective is how they apply that knowledge through their actions and how they manage themselves and others. Leadership is largely behavioral, which means that improving leadership competencies requires a focus on changing and refining behaviors, not just learning new concepts.

This characteristic has profound implications for how one approaches leadership development. It’s not enough to simply educate leaders on what they should know; the real challenge is helping them internalize and consistently demonstrate the behaviors that drive effective leadership. In essence, developing leadership is less about filling a knowledge gap and more about shaping how leaders think, feel, and act in a variety of situations.

Why Competencies Matter

So why should we care about leadership competencies? Because they’re the key to unlocking effective leadership. Without a clear understanding of these competencies, it’s like trying to assemble furniture without the instruction manual—frustrating and likely to result in a wobbly end product.

Competencies provide a roadmap for development. They help leaders identify their strengths and areas for improvement, guide training and development efforts, and offer a framework for assessing performance. In short, competencies are what turn potential into actual leadership.

Think of competencies as the secret recipe for a great dish. You can have all the right ingredients, but without the right proportions and techniques, you won’t achieve the desired flavor. Similarly, a leader might have raw talent, but it’s the refinement of competencies that brings out their full potential.

Common Leadership Competencies You Should Know

While there are countless leadership competencies out there, some are universally recognized as essential. Here are a few you should definitely have on your radar:

  • Strategic Thinking: As mentioned earlier, this is the ability to see the big picture and plan for the future. Leaders with strong strategic thinking skills can navigate complex environments and guide their organizations toward long-term success.
  • Communication: This competency is all about the ability to convey ideas clearly and effectively. Whether it’s speaking, writing, or listening, great leaders know how to communicate in a way that resonates with their audience.
  • Emotional Intelligence: Also mentioned earlier, this is the ability to understand and manage emotions—both your own and those of others. Leaders with high emotional intelligence can build strong relationships, manage conflict, and create a positive work environment.
  • Decision-Making: The ability to make sound decisions, often under pressure, is critical for leaders. This competency involves analyzing information, weighing risks, and choosing the best course of action.
  • Adaptability: In today’s fast-paced world, the ability to adapt to change is crucial. Leaders who are adaptable can pivot when necessary, keep their teams focused, and stay resilient in the face of challenges.
  • Team Building: Great leaders know how to build and nurture strong teams. This competency involves understanding team dynamics, fostering collaboration, and empowering others to achieve their best.

Developing Leadership Competencies

Now that we’ve covered what leadership competencies are and why they matter, let’s talk about how to develop them. Here’s the good news: competencies can be learned and improved over time. But like any skill, it takes practice, feedback, and a willingness to grow.

  • Self-Assessment: The first step in developing competencies is understanding where you currently stand. This might involve self-reflection, feedback from others, or formal assessments like 360-degree reviews. It’s like looking in the mirror before starting a workout routine—you need to know your starting point to measure progress.
  • Targeted Development: Once you’ve identified your strengths and areas for improvement, it’s time to focus on learning. This could involve formal training programs, reading, mentorship, or hands-on experience. Think of it as adding weights to your workout routine—you’re building muscle in specific areas.
  • Practice: Competencies aren’t developed overnight. It takes consistent effort and practice to build new skills and behaviors. This might involve taking on new challenges, seeking out opportunities to apply what you’ve learned, and reflecting on your experiences. It’s like training for a marathon—you build endurance one step at a time.
  • Feedback and Adjustment: Finally, don’t forget the importance of feedback. Regular check-ins with a coach, mentor, or peers can help you stay on track and make necessary adjustments. It’s like having a personal trainer who helps you fine-tune your technique and keeps you motivated.

Conclusion

Understanding leadership competencies is like having the blueprint for a successful building project. These competencies provide the structure, guidance, and direction needed to build effective leadership. By focusing on the key areas of cognitive, attitudinal, and behavioral competencies, you can develop the skills needed to lead with confidence and impact.

So, whether you’re a seasoned leader looking to refine your skills or an emerging leader ready to take on new challenges, understanding and developing your competencies is a critical step on your leadership journey.


Postscript: Stay tuned for more insights on leadership development in upcoming blog posts. And if you’re eager to explore the art and science of leadership competencies further, don’t miss out on my book Leadership Velocity, available on Amazon.

Got questions or want to share your own leadership experiences? Feel free to drop me an email—I’m always up for a good conversation about what makes leadership tick!

Five Best Practices for Entrepreneurs and Business Owners

Although my coaching practice mainly focuses on leaders and teams within larger organisational settings, I’ve had the privilege, over the last few years, of working with business owners. Their reality is quite different, and often far more challenging, than what I’ve witnessed in the corporate world.

Owning and operating a small business is no small feat. There are several moving parts that entrepreneurs need to keep an eye on. It can quickly become a complicated juggling act. This is why it’s useful to rely on best practices – pre-established recipes so to speak – that allow business owners to run things more smoothly.

But what is a best practice anyway? And why is it important? Simply put, a best practice is a set of professional procedures, actions or practices that are preferred and considered standard within an organization because of the results they produce. Sometimes, these practices have been derived by researchers after benchmarking several businesses that share similar operational characteristics in terms of size, type or market focus. Other times, business owners themselves come up with their own preferred ways of doing things as a result of experience, trials and errors. In any event, the goal of any entrepreneur is to find out what are the most optimal ways the run business. And best practices are useful to reach short-term goals and, over time, ensure the sustainability of the business operations.

Reflecting of the insight that I gained from while working with my client entrepreneurs, I’ve come up with five (5) management and entrepreneurship best practices that every business owner should consider adopting. These practical guidelines are:

1 Find and delight your customers;
2 Choose your employees and partners wisely;
3 Know the risks that your business faces and manage them efficiently;
4 Constantly look for ways to innovate and improve your business operations; and
5 Be passionate and dedicated to the management of your business.

Here’s why.

First, and perhaps above all else, entrepreneurs should strive to find customers for their products or services, and make sure that they constantly delight them. It’s far more costly to gain new customers than to keep existing ones. And a satisfied customer may, in turn, become an ambassador for your business. But dissatisfied customers are less likely to be loyal and may even tell others not to do business with you. So… how do you delight customers? One way is to consider your customer service as the sum of “What you do” and “How you do it”. The “what” has to do with their features and characteristics of your products and services, and how they meet customer needs. Without this crucial product-market fit, entrepreneurs might as well shut down their business. Products or services must also be in stock or easily accessible; they must work as sold; their price must be right. Etc. All of this is essential, but not enough. To truly delight customers, entrepreneurs also need to worry about the “how”. This relates to the interactions that they establish with their customers. It goes beyond the transactions and focuses on the emotional connections with them. How professional, personal and hospitable was the business with them. Customers may overlook or even forget about what you did or sold… but they will always remember how you made them feel. This is how you delight your customers.

But to serve customers, business owners generally need employees and suppliers. Entrepreneurs should choose their employees and suppliers wisely, and treat them as they themselves would want to be treated. Why? Because a business is a chain of interconnected elements that include employees and partners. If some of these components begin to fail, the entire value chain may collapse. In other words, employees, suppliers and other business partners form a critical value chain as they collaborate together to bring value to the end customers. Therefore, selecting these key individuals wisely and treating them well plays a central role in the success of the business. As such, business owners should make sure that their employees are as engaged as possible, that they know their role and contribution within the business, and that they have a collaborative approach with their peers and suppliers. Your own engagement as a business owner, and the way you demonstrate trust and teamwork will also go a long way in fostering the right business climate for employees to thrive.

Aside from employees and suppliers, other aspects that may impact the cohesiveness and fluidity of the business are risks (competitive, financial, reputational, liability, business continuity, cybersecurity, etc.). Business owners should be acutely aware of what these risks are so that you can better anticipate them and either avoid them or effectively deal with them as they arise. Efficiently managing these risks can be broken down into four phases: 1. Identifying what these risks are; 2. Assessing these risks in terms of root cause, likelihood of occurrence and potential impact; 3. Putting measures in place to help the business anticipate such risks and reduce its likelihood of occurrence or, ideally, avoid them altogether; and 4. Knowing what to do when such risks come to life and hit the business.

Ensuring that the business runs smoothly is important, but entrepreneurs shouldn’t be fooled by how fluid things are going. The business environment may change at any instant. This is why business owners should be proactive and constantly look for ways to innovate and improve their company. Regularly coming up with new ideas and putting them in practice is crucial to the success of the business. This regular focus on innovation can bring about several benefits. It can help entrepreneurs improve their business processes, bring newer and better products and services to market, increase employee productivity, drive sales while reducing costs and, most importantly, improve overall profitability. In fact, small businesses are often better suited to be more innovative than larger organizations. They can execute ideas more quickly and pivot more easily; they can develop and implement novel approaches rapidly. When considering innovation, it’s useful to look at three different areas where entrepreneurs can improve their business: their Products, their Processes, and sometimes even their overall business model. Finally, it’s worth considering where these innovative ideas will come from. One important source of ideas lies within the business. Talking to customers, observing employees, surveying suppliers, reviewing client feedback, etc. Entrepreneurs should also consider looking outside of their business. Studying the competition, analysing complementary businesses, reading specialized magazines, attending trade shows, and talking to non-customers such as friends and family members. In the end, business owners should keep in mind that innovation is a contact sport. They may not get it right the first time. But failure is certainly an important catalyst for improvement.

At last, the one person that plays the biggest in the success of the SMB is its owner. A business is more than a job, it’s a responsibility. Entrepreneurs are accountable to their customers, their employees, their suppliers, their partners, their lenders and shareholders… This is huge. So the only way for business owners to truly succeed is to find something that they love, to be passionate about their business and its contribution to the local community, and to dedicate their heart and soul to it. By knowing what their business stands for, by focusing on what needs to get done to reach their goals and vision, and by appreciating the work that they do, entrepreneurs can find the energy and motivation required to invest their time, talent and money. This is hard. That’s where courage, commitment and hard work kick in, day and day, week after week, all year long. Businesses will often require its owners to go beyond what they thought they were capable of. The goal is not to never fail, but to rise up and learn every time one falls. Challenges are an implicit part of any business. In the end, as Confucius once said so wisely, “if you find an occupation that you love, and you will never have to work a day in your life”.

Are you a business owner? If so, how much of these guidelines do you put in practice?