How Emotional Intelligence Creates Business Success

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How Emotional Intelligence Creates Business Success

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Working as a business owner, rather than employee comes with many benefits. However, it can also throw you into waters unknown, financially and emotionally. Taking the leap into entrepreneurship doesn’t just require a business plan and funding, it takes emotional intelligence- the capability to recognize and work productively with your own emotions and those of others.

In fact, emotional intelligence is the hallmark of great leaders, though leadership is not always described in this way. However, if you consider any of the great leaders you know, you may notice that a common denominator is emotional intelligence. You feel better after being with them, and having them with you makes you feel healthier.

In contrast, anyone you can think of that is not a good leader is also someone you would say lacks emotional intelligence. They may be reactive, hard to read, distant, and you leave meetings with them unsure of how things went.

What you are feeling is the difference between the two types of people, the emotionally intelligent, and the non-intelligent. Thus, it is important to take risks to grow in your own emotional intelligence. This allows you to promote your ideas and see them adopted because you had the guts to put yourself out there.

A lack of emotional intelligence can be costly, causing you to make financial and legal mistakes such as taking advice from the wrong people, not trusting your gut, or holding back on key communications to partners, vendors or teammates.

Thus, building your emotional intelligence is important to growing your business. Emotional intelligence can help you visualize and then reach success you want. However, it won’t likely be developed overnight and you may need a trusted advisor to show you where you have the opportunity to learn.

You may be surprised to hear this, but as your Creative Business Lawyer, we can be the Trusted Advisor who helps you to hone your emotional intelligence, learn to trust your instincts and lead from the inside out. As part of our work together, over time, we can be the advisor you turn to for a backstep on emotional decisions, to help you identify and move through fear, and to look out for your business’s future, so you have the emotional space to expand.

 

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