Winmark Business Solutions, an online resource for small businesses, offers additional methods for improving leadership:
- Be trustworthy, because trust commands respect.
- Be aware of the past, present and future, so as to learn from the past, adapt in the present and prepare for the future.
- Actions speak louder than words. Behaving accountably is a good way to motivate employees to do as you do.
- Be consistent. It's an extension of Lemonis' advice of being present.
- Be relatable with employees. You don't have to be pals, but being in tune with their motivations and frustrations can help everything run smoother.
Many personality traits contribute to being a good leader, according to the Leadership Potential equation developed by Raymond Cattell in 1954. Those include emotional stability, dominance, enthusiasm, conscientiousness, social boldness, self-assurance, intuitiveness and charisma.
Small-business owners and managers don't come equipped with all of the components for good leadership, but the upshot is that lacking traits can be developed.
In addition to the many schools and private institutions offering leadership training, the U.S. government has recognized the job-growing potential of nurturing these qualities. To that end, the Small Business Administration's Emerging Leaders Initiative trains business owners in underserved communities in 27 cities with a seven-month mentoring and workshop program.
Just remember, Lemonis advises, to be present and learn from the past. "Rely on your experience and rely on the path and the mistakes you've made. And if you're not engaged, what history are you relying on?"
—By Colleen Kane, Special to CNBC.com