By Dave Kahle
In a previous post, I wrote that qualities of character in the CEO were a more important indicator of business success than the business model. In this following series of posts, I’m going to share those qualities that I believe mark a great business leader.
Leadership Character Trait #7: Personal Courage
In this series, I have argued that the following character traits are important for a business leader:
Rock-solid integrity, and
To that list, I am adding the seventh and final: personal courage.
I don’t mean to imply that this is the full portrait of a successful business leader. There are dozens of other attributes that will enhance his or her’s ability to work with others and be successful. But, these seven traits mark the essence of a business leader’s character: Without a significant dose of each, his/her career will be somewhat stunted and fall short of the heights to which it could reach.
The Oxford Dictionary defines courage as the ability to do something that frightens one. Wikipedia adds this:
Courage (also called bravery or valour) is the choice and willingness to confront agony pain, danger, uncertainty or intimidation. Physical courage is courage in the face of physical pain, hardship, death or threat of death, while moral courage is the ability to act rightly in the face of popular opposition, shame, scandal, discouragement, or personal loss.
While few business leaders face threats that call for physical courage, they need moral courage to accomplish anything of substance.
Starting a business enterprise almost always requires the entrepreneur or leader to face personal loss. Typically, it is the income associated with the job they are leaving to start a business, and often they must use their homes as collateral to acquire that first business loan. The prospect of personal loss is very real, lingering just over the horizon. Read more