Ever wondered what it takes to be successful? While there is no one-size-fits-all answer, there are habits that most successful leaders seem to exhibit. Eugene Chrinian walks through 5 habits of successful business leaders, as originally featured on Entrepreneur.com

1. 5 Habits of Successful
Business Leaders
Eugene Chrinian

2. There are multiple ways to run a successful
business, but according to a recent article published
on Entrepreneur.com, some of the most seasoned
business leaders all share similar habits when it
comes to work.!
!
The article lists nine habits that help these
professionals “master their craft, grow their
businesses and achieve extraordinary success.”
Here’s a look at the first 5.

3. 1. Plan for the long term!
!
In today’s competitive market, it’s all too tempting to
focus mainly on short-term goals. After all, clients expect
you to deliver products and services in a timely fashion.
You also have a fiduciary responsibility to your company,
partners and investors. However, by focusing solely on
the short term, you may be selling yourself short. It’s
crucial to make time to plan for the future; routinely
monitor your progress on achieving long-term goals.

4. 2. Communicate quickly and effectively!
!
Make it a rule of thumb to respond to emails, phone calls and
other requests immediately. I know, this is sometimes easier
said than done; however, time is money and the amount of
time it takes you to respond could be the difference between
making or losing a sale. Additionally, by responding quickly,
you’ll develop a reputation for reliability. In your workplace,
time and effective communication will create a culture of
focused efficiency

5. 3. Spend money wisely!
!
Again, this is easier said than done but it’s important that
you pay close attention to your company’s finances and
are mindful of monthly expenses; you want to avoid going
over budget or incurring unneeded costs. When evaluating
how to spend your company’s funds, always consider the
ROI. Ask yourself “How long will it take me to recoup my
investment?” and “Will this investment help me achieve
the goals of my business?” If you’re not able to answer
these questions, you should not spend the money.

6. 4. Set a daily routine!
!
Create a schedule for yourself that outlines your
ideal rundown for the day. Additionally,
determine your most important tasks within that
schedule to help keep you focused and on track. !
Prioritizing urgent tasks over those that are less
crucial will help you avoid distractions.

7. 5. Meet challenges with enthusiasm!
!
If you put your best foot forward and deliver on the
variables that you have control over, things will tend
to fall into place. This is not to say, that if you do your
best everything will go your way, but more times than
not, you’ll experience positive outcomes. It’s
important to remain as passionate as you were when
you first started your business and face every
challenge head-on.

8. To learn about the remaining 4 secrets, take a look at the full
article at Entrepeneur.com.