Key Skills for Leadership Today… with Henry Lopez

As a business leader today, what are the necessary key
skills? 


Given the context of extreme uncertainty, where must a leader
focus? Tough decision making. Courage. Ensuring others shine. A
leader grows and empowers those around them.  


Henry Lopez is a Serial Entrepreneur, Small Business Coach
& Consultant, and Host of The How of Business podcast show.
He has over 35 years of diverse business experience, including
successful careers in the information technology industry, sales,
and sales training. He has been directly involved in over 11
different small businesses since purchasing his first business in
1991, And he is involved at every stage of launching, developing,
buying, and selling. 


What you will learn from this episode: 


Find out one important capability a leader needs to have to
run a business 

Learn what a leader should think and do to ensure everyone’s
working together to help achieve common goals 

Learn how to build a business and lead others truly 



“Leaders are the ones … to make those tough decisions.”
 


- Henry Lopez 


Topics Covered:


02:00 - Looking from a small business perspective, what is one
capability leaders need to develop? 


03:00 - The important questions you need to ask yourself before
going into business  


04:17 - What does a leader do in moments of crisis 


05:12 - What biggest mistakes business owners commit to running
their business 


06:22 - Why develop and empower your people 


08:23 - What responsibility do you have as a leader of an
organization? 


10:04 - Two questions you need to ask your team in your weekly
sales meeting 


10:48 - Delegation worksheet as a systematic approach to
delegation 


11:51 - Steps on how to delegate effectively 


13:55 - What holds people back on decision making? 


15:14 - An embarrassment that we have to learn how to deal with
as entrepreneurs 


16:06 - The biggest thing that you're missing when you do away
with a delegation and empowering others 


Key Takeaways:


“It's not that I, by any stretch think I'm always making the
right decisions; it's to have the courage to make a decision
because that's often what we need.” 


“What paralyzes people sometimes is they think, 'I have to have
it perfect every time.' Or 'What if I make the wrong decision,
and then what will people think about me?' Or 'What will that do
to the business?' But that paralysis, otherwise, can kill your
business.” 


“Real leaders say to their teams, just by example, 'We're going
to figure this out. We may not, but we're going as sure as heck
give it a try. We're not just going to sit here idly and let it
happen to us. We're going to try to impact the things that we
can.' That's what a leader does in those moments of
crisis.” 


“A lot of times now, we have a virtual team, but trying to do it
all yourself. That's not what a leader does. A leader empowers
others to do so that everybody's working together to help us
achieve our goals.” 


“What I find is that people who aren't leaders think they have to
do it all.  That only they can do it right. They have to
make the doughnuts every day, instead of empowering others to
become great donut makers.” 


“I think the biggest way you coach your people is by making sure
that they have the systems and the tools to do their jobs.” 


“The biggest thing that you're missing [the issue of delegation],
besides the fact that you have to leverage others to grow is that
you're missing out on the perspective that others bring to it
that you would have never thought about. Everybody has a unique
voice. So, you need perspective.” 


Connect with Henry Lopez:


LinkedIn:
https://www.linkedin.com/in/henry-lopez-9758524/ 

Website: https://www.thehowofbusiness.com/ 

Twitter: https://twitter.com/HenryLuvsBiz