Business success and emotional intelligence are two concepts that have always gone hand in hand. In this post, we’ll tell you how to apply it to get the most out of it.
Increase your self-awareness
Self-awareness is the basis of emotional intelligence. Knowing who you are, and knowing your strengths and weaknesses, is essential for your success as an entrepreneur, and for many other sectors within a company.
Korn Ferry Hay Group research found that among the leaders with multiple strengths in Emotional Self-Awareness, 92% had teams with high energy and high performance. Conversely, leaders with low levels of emotional self-awareness created negative climates 78% of the time.
When you are able to express how you feel in a healthy way and be aware of how your emotions affect those around you, you will be able to deal with problems better when they arise.
Master your emotions
If you have just started your business trip, or have been in it for a while, then you will know what I mean when I say it is not a walk in the park. Entrepreneurs have to deal with new challenges on a daily basis, whether to manage team members, learn new skills or deal with disgruntled clients.
Sometimes it may seem that you have no control. That’s when learning to master your emotions becomes very important. The reality is that we have no control over anything that happens to us. The only thing we have control over is our inner world.
In the words of John Maxwell, “life is 10% of what happens to me and 90% of how I react”.
Instead of reacting to challenges, entrepreneurs who have great emotional intelligence are proactive. They do not make emotional decisions and attack others. Rather, they carefully think of a situation before responding to it. Triggers are a normal part of life, especially in the business world. It is up to you how you choose to interpret and respond to difficult situations.
Improve your communication skills
You can be the best in your industry, but if you do not know how to effectively communicate with your customers, clients and colleagues, then you will not succeed. In the business world, communication occurs in many different ways, with many different people, either face-to-face or online.
How well do you communicate with others? Studies suggest that our breakdown of daily communication should be as follows:
- 9 percent writing
- 16 percent reading
- 30 percent talking
- 45 percent listening
Unfortunately, many people have difficulty with active listening because they are talking about someone or they are too busy with what is going on in their head to pay attention to what the other person is saying. As Peter Drucker says, “the most important thing in communication is to listen to what is not said.”
Successful entrepreneurs who possess a strong emotional intelligence value the importance of listening. They realize that by allowing others to feel heard, they build trust in people. In addition, it allows them to learn more about who their audiences are and what makes them work.
Show genuine concern for others
Showing empathy for others means that you are committed to putting yourself in someone else’s shoes. It’s about discovering the deeper meaning behind why people do what they do.
The next time a client does something that is not aligned with their thoughts or beliefs, ask yourself, “Why does this person feel this way? How can I communicate with him or her from a place of respect and integrity, while still honoring my true? ”
Take the time to see situations from multiple perspectives and pay close attention to your feelings. It is possible that you are surprised.
Entrepreneurs with great emotional intelligence are experts in creating strong relationships with people because they have a genuine interest and concern for their well-being. As a result, they are influential teachers. People want to continue their work because they trust who they are as a person and what they represent.
Create a strategy to relieve stress
Entrepreneurs know what stress is. It comes with the territory. In the business world, if you do not know how to effectively deal with the stressors of everyday life, you will experience rapid exhaustion. It is optimal to create a set of personal tools of techniques to relieve stress on a daily basis.
A good idea is to establish a morning ritual. By conditioning your way of thinking every morning, you can put yourself in a maximum mental and emotional state. Highly successful people are consistently calm, and focused under pressure, because they are always monitoring their emotional state. They do this by practicing healthy habits every day, such as meditation, exercise, yoga or reading, you prepare for success.
Adopt lifelong learning
Successful entrepreneurs are committed to an endless process of personal growth and development. They welcome and actively seek constructive feedback from their colleagues, mentors, coaches, colleagues and team members because they want to improve themselves. Weaknesses are only seen as opportunities to grow and become more.
By adopting a growth mindset and harnessing the power of emotional intelligence, you can make your emotions work better for you, rather than against you. It is important to remember that emotional intelligence requires constant improvement.
It is not a skill that you develop once and then you forget. As your business grows, you will grow with it, which means that you will have to adapt your lifestyle.