James Michael Lafferty: Helping Clients with World Class Hygienic Products

Since the pandemic, uncertainty, and volatility are continuously affecting all business organizations worldwide, it is clear that visionary business leaders should address the new changes of the pandemic and the 21st century as a whole. One such visionary leader, James Michael Lafferty, is effectively managing and leveraging these constant changes with his foresight and innovative leadership.

James is an American business leader, award-winning journalist, philanthropist, and Olympic Coach. He started his career as a fitness coach and has been at the top of many well-known organizations worldwide. Presently James is serving as the CEO of one of the most well-known wellness groups and manufacturer of hygienic paper products, Fine Hygienic Holding.

During the mid-1980, James established his own business in the developing world of corporate wellness. Later he was hired by his hometown company, Procter and Gamble, to teach its employees how to stay fit. While working for the organization, James met a Brand Manager who inspired him to join the Brand Management department of the organization. Eventually, he made a couple of attempts but was offered the role of a Brand Assistant, which he gladly accepted

Thanks to his excellent business and organizational results in the U.S. business, P&G soon transferred James into an international career that eventually took him to Central and Eastern Europe, North Africa, the Middle East, Western Europe, and Asia.

With a marketing and general management career spanning over 30 years, James is one of the most well-known, leading global experts in business building, marketing, and branding in emerging markets. He has had a long and successful career building businesses and organizations across all the continents for some of the fast-moving consumer goods companies. He has served as CEO of companies like Procter and Gamble, Coca-Cola, and British American Tobacco.

The Shining Star of Arab FMCG World

Elia Nuqul founded Nuqul Brothers Company in 1952. Initially, it was a modest trade and import business for food and consumer goods. However, with the founder’s commitment to innovation and sustainability, the business grew steadily, and he began to seek new ways to expand. At that point of time, hygienic paper products were unavailable in the MENA region, and Elia saw a tremendous opportunity in the market segment, so he went ahead and established Fine Hygienic Holding in 1958, previously known as Fine Hygienic Paper Company.

Presently, Fine Hygienic Holding is one of the largest FMCG companies in the Middle East and North Africa. It is a proud 65 year old family business making high-quality wellness products, from consumer tissues to adult and baby diapers, and a full line of nutritional supplements and disinfection products.

“Our core brand is the “Fine” brand name, which is synonymous with tissues in this region. I am hugely honored to be asked to lead this great company with a rich history.”- says James.

Defining Success

James believes success is often defined by the eyes of the beholder. What he describes as success, someone can consider that hell on earth. Each person can define success differently. On the other hand, James was always an achiever, and climbing the ladder was very important for him. However, he understands this doesn’t spike everyone in the same way, which he respects.

For James, success ultimately boils to happiness and a sense of fulfillment. He says, “If you are happy, and you feel you have led a fulfilling life, and have few regrets, then I would say that person was very successful—regardless of their title or salary or other superficial factors.”

Achievements

James is most proud of his struggles as a gym instructor from Cincinnati, Ohio, who worked his way up to lead top companies worldwide. His unbelievable story breaks many myths about having an MBA, going to an elite school, or who your parents are. It shows that nothing really matters, and the cream always rises to the top. James feels it’s all about the intangibles of attitude that often dictate a person’s attitude in the area he/she chooses to endeavor.

Recently James Michael Lafferty was awarded the CEO of the year by Burj CEO awards, which is associated with the government of Dubai. GCC Best Employer Awards also recognized him as CEO of the year. Additionally, he was named by Daman Health as “The Wellness Visionary of 2019“, and Forbes Magazine Middle East has listed him as one of the Top 50 CEOs.

Preparing for the Future

As the leader of Fine Hygienic Holding, James’s vision is to improve the wellness of his customers. The organization offers a wide range of world-class products that work to enhance its users’ health in a small but tangible way. Every day James receives multiple letters of thanks from consumers who have realized that FHH’s products improved their lives.

James would like to see FHH going public in the next 5 years and become a shining example of its region’s talent, potential, and innovation. The entire team of FHH is immensely proud of the company’s heritage and roots and its humble beginning in Jordan.

Advice for Budding Entrepreneurs

James Michael Lafferty has two pieces of advice for budding entrepreneurs, The first is to recognize that over 80 percent of new businesses fail within the first 5 years of establishment. So, he encourages new entrepreneurs first to start learning with a leading company and then only start their endeavors. He says, “Don’t go off and risk your own money until you have had some “reps” in running a real business. Once the learning curve slows, then go for it.”

The second one is to be prepared to work hard. “There is no safety net. Every time you think you can’t do it, you have to be prepared to dig deep and find another gear. The best entrepreneurs are incredibly persistent and don’t know what it means to give up.”– adds James.

Farah Zafar: The Rockstar Lawyer turned Tech CEO

Born and raised in a very humble, disciplined, and focused household in the UK, Farah Zafar is an award-winning Woman of the Year, Women of Influence in the Arab World, Inspiring Business Leader and Chief Legal Officer.

She has worked for the region’s most influential leaders and visionaries, has led government-to-government transactions for and on behalf of the Government of Dubai, Oman, the Kingdom of Saudi Arabia, the Emirate of Ajman and has represented investment and quasi-government entities in the GCC region.

Over the last 22 years she has helped build successful billion-dollar corporations and feels all her experience has led her to her current position as CEO of one of the most exciting tech platforms to be launched this year.

Early Life

Farah was raised in a house where academia was the primary focus. While growing up, she was not permitted to watch TV. Instead, the importance of studying and reading was instilled in her. Working hard was mandatory in her household, and failure was never an option.

Farah’s family immigrated to the UK in the 1950s, so she had witnessed her parents’ struggle and how hard they worked to build a comfortable good life. This inspired her to work hard, which will allow her to give back to her parents everything they had sacrificed. So, when her father presented her with 3 options; doctor, lawyer, and dentist, she chose to be a lawyer.

After completing her studies, Farah needed a training contract to be a registered lawyer in the UK, and after being rejected 532 times, she finally landed a training contract in a small criminal legal aid office in South London.

Sunshine after the Rain

During her training, Farah was verbally and mentally abused by her bosses; they treated her in the most horrendous way possible. The entire period of her training contract felt like torture. Every morning she used to wake up, cross the day in the calendar, throw up and go to work, where she would spend her next 18-20 hours. Despite this she later realised that her training gave her the resiliance to always work hard and strive for the best.

Soon after completing her training, she got her dream job in a law firm in Mayfair. Many years later, Farah received a call informing her that she had been selected for the Sole Legal Counsel’s position for the Engineer’s Office of HH Sheikh Mohammed Bin Rashid Al Maktoum in Dubai. Recognizing the life-changing opportunity, Farah willingly relocated to Dubai and embraced the challenge presented in front of her.

From there onwards, she started holding various prominent positions including Sole Counsel to the the Engineer’s Office, the founding team of Omniyat, Head of Capital Transactions for Dubai Holding and Chief Legal Officer for the Public Investment Fund of Saudi for Amaala.

Due to her extensive contribution to the Middle East, Farah has earned a reputation as one of the leading and most influential business leaders

Legal CEO of the Year at 2019’s CEO Awards

General Counsel of the Year – Oath Middle East Legal Awards 2019

General Counsel of the Year – Middle East Legal Awards 2020

Woman of the Year – Big Projects Middle east Awards 2019

Women of Influence in the Arab World – CEO Magasine 2021

Inspiring Femal Business Leaders – Arabian Business 2022

Positively Impacting People’s Lives

Farah Zafar is the CEO of Lyvely. With Lyvely, she and her Co-founders are building a fully integrated platform that will assist content creators, independent professionals, and businesses to monetize their skills and passion online. The Lyvely team is developing the first creator-driven platform that enhances creators’ and consumers’ experiences through a revenue generation model, with the vision to help people get paid for doing what they love, the entire team hopes to make a positive difference in people’s lives and help people achieve their mission, vision and transition the masses from Web 2 to a more empowering Web 3 world.

An advocate of Female Empowerment

Farah is passionate about female empowerment and the growing role of female leaders in the Middle East. She also provides mentorship and support to upcoming dynamic female leaders.

When Farah started more than 25 years ago, the corporate sector in the Middle East was incredibly male-dominated. However, since then the region has made significant leaps in support and recruitment of women across various sectors. She believes that without the support of the progressive leadership of UAE and Saudi Arabia, she would never be able to get the opportunity to work as Chief Legal Officer for multiple large organizations.

Farah Zafar considers herself fortunate enough to witness the rise of Arab women in every sector. She has seen Arab women to conquer the world and step out of the shadows in their unique ways to pave the way for others. In her last 2 decades of professional career, Farah Zafar has seen Arab women become influential leaders, ministers, Olympians, Filmmakers, and entrepreneurs. She feels immensely proud to witness their growth and dominance.

Farah’s journey from Rockstar Lawyer To Tech CEO is one where she hopes to positively impact and inspire more females to venture into technology and the future of Web 3.

Building innovative Fintech products with Crassula

As technologies mature and customer behaviors deepen, the digital disruption today seems permanently rooted. New trends of consumption in the multiple fringes of the fast-evolving banking sector appear, urging us to take bold strides. Faced with digital upheaval, we no longer measure the impact of the transformation but take part in this revolution to become a player in the changes brought about by digital transformations and take advantage of the opportunities it offers to the banking sector.

One of such contributors who strengthens the fintech services industry and helps businesses redefine their growth is an inspiring woman Daria Dubinina. Today she is the CEO and Co-founder of Crassula. But things weren’t like that for her this way all the time. She made her way towards achieving such success in business leadership. And we genuinely believe her story and shared insights will uplift and inspire you.

Brief about Crassula Starting point of building Crassula

Long before trying herself as a dedicated entrepreneur who will once reshape the furniture of finance, Daria began her journey from the lowest position in an international payment system. That’s where she learned about FinTech and got curious to make her own input. Over time, she has mastered the art of strategic management, e-commerce, and international business development. And in 2014, when she met Alex Novozhenov and Vlad Nikolayev, she and her trusted fellows started building their own ventures. It all started with the idea of creating a start-up and turned into one of the most innovative Fintech companies. How amazing is that?

Industry disruption with world-class solutions

Further, Daria mentions that Crassula goes the extra mile to pave the way for creating new services and new collaborations, bringing greater value to the final consumer. Now, the Crassula platform offers three main products:

  • Core Banking System
  • Crypto Banking System
  • PSP

With a high concentration of financial services companies operating in the world, the advancement of fintech through research, technology and innovation it is pretty hard to stand out. Succeeding in an evolving fintech landscape requires surrounding yourself with industry knowledge, innovation and talent. Crassula, therefore, offers world-class solutions that are both affordable and comprehensive. “We seek to improve the ergonomics and customer communication of the users of our services. We strive to connect with individual customers and provide offers based on their requests and market trends.” This way, Crassula stays up-to-date and highly agile.

The best tips for business leadership Shared effort and cohesion

The complementarity in expertise acquired over the years and the same vision of how we see the financial industry being innovated was the most decisive factor. “Together, we created a unique skillset in which everyone played their part bringing the concept to life and giving each other confidence in what we were doing, inspiration for creating something new, and supporting each other during the bad times.”, she says.

In pursuit of growth regardless of challenges

However, like any other start-up, Crassula also faced the defining challenges that virtually affected all new businesses. It’s the speed at which Crassula team members and co-founders were able to meet these challenges and pursue their growth agenda along with the brave decisions that let us persist even in the harshest periods. Daria goes on, “We started focusing on business, staying bootstrapped, and that was the best decision that we could make because it taught us to survive difficult times, do big and beautiful things with very limited resources, and actually earn money.”

Immediate reaction instead of the blame game

When problems arise, organizations tend to seek who to blame. This method does not solve the situation. Quite the contrary, it creates room for fear and suspicion at all levels of the company. It’s human. If a person can’t find the reason why a problem occurred, he or she will shift the responsibility for that problem from himself/herself to someone else, whether it be the crisis, the government, the customers, the colleagues, the bosses, the situation, etc. To explain it further, Daria says, “When something goes wrong, I prefer not to waste time on finding out whose fault it is, but rather fix the problem and analyze how to avoid repeating the situation. This approach helps to reach the highest result, and the result is the most powerful progress mover.”

Opportunity to grow and educate together

Being CEO of Crassula, she cares not only about the company’s growth but also about her employees. Daria states, “We have a unique culture in Crassula – we call it freedom and responsibility. We value in our people prudence, communicability, proactivity, striving for development, creativity, and decisiveness. We embrace these qualities and develop them by providing ongoing education opportunities, helping each other in day-to-day work, always trying something new by developing new products, implementing new solutions, and constantly doing something that we have never done before.” By offering ongoing training to the team members, Crassula allows them to enrich their skills and study the subjects that interest them. By treating people well and fostering their personal growth, you can build a caring company culture and create loyalty.

To sum up

Daria finishes up this interview by pointing out that start-up or large company owners should not dread innovations and experiments. And Crassula is always out there to assist them on this path. “We’re constantly looking forward to new amazing clients, successful projects, and collaborations.”

Crypto company Bob Eco secures a $100 million capital commitment from Global Emerging Markets (GEM)

Hong Kong – The Asian Green Cryptocurrency Bobcoin announced a $100 million capital commitment from Global Emerging Markets (GEM), the $3.4 billion private alternative investment group focused on emerging markets with offices in Paris, New York, and Nassau (the Bahamas).

Under the agreement, GEM GLOBAL YIELD LLC SCS (LUXEMBOURG) will provide Bob Eco | Bobcoin with a Token Subscription Facility of up to $100 million for a 24-month term. Bobcoin will control the timing and maximum amount of each drawdown under the facility with no minimum obligation.

“With GEM’s investment, we will scale up our cryptocurrency Bobcoin globally and be able to accelerate the roll-out of our revolutionary e-mobility solutions across our current focus markets,” says Bob Eco | Bobcoin CEO Bob Ultee. The fresh money provided by GEM will drive Bob Eco forward in its goal to offer inexpensive and carbon-free transportation through its industry-leading innovative electric motorbikes, e-tuktuks, e-bicycles, and e-scooters. Bob Eco aims to provide economical and carbon-free transportation via its revolutionary products.

About GEM

Global Emerging Markets (“GEM”) has offices in New York, Paris and Nassau Bahamas. It is a $3.4 billion alternative investment group that manages a diverse set of investment vehicles focused on emerging markets and has completed over 570 transactions in 76 countries covering 5 continents. GEM’s investment vehicles provide the group and its investors with a diversified portfolio of asset classes that span the global private investing spectrum. Each investment vehicle has a different degree of operational control, risk-adjusted return and liquidity profile. Our family of funds and investment vehicles provide GEM and its partners with exposure to: Small-Mid Cap Management Buyouts, Private Investments in Public Equities (PIPEs) and select venture investments.

About Bob Eco’s Cryptocurrency Bobcoin

Bobcoin officially launched through an ICO at the beginning of 2022 and has a fully diluted market capitalization of over $1.5 billion and a daily transaction volume that peaks at $20 million

Kerten Hospitality continues to lead the New Age of hospitality

With the appointment of Antony Doucet as Chief Experience Officer (CxO) the operating group replaced the traditional Commercial function

DUBAI, July 4, 2022: Kerten Hospitality –  a mixed-use, ESG and lifestyle hospitality group operating hotels, branded residences, collaborative social and business Hubs complemented by food and beverage, under its brands The House Hotel and Residence, Cloud7 Hotel and Residence and Ouspace – is putting their actions where their mouths are by transforming the traditional Commercial function, into a broader role, that includes experiences across the board. From the first owner interaction, to the curation and scouting of their teams, the locally-inspired design and a project’s soft elements, to the way the Group communicates, markets, sells and connects – as human interactions take centre stage in hospitality.

The Chief Experience Officer (CxO) works in very close collaboration with the Operations and Ubbu teams (Ubbu – United. Building a Better Universe, Kerten Hospitality’s ESG initiative) to connect operational practises and processes, with locality and sustainability, packaged in tailored experiences, motivating and supporting teams to be themselves, to create these true human connections. If you own, work or stay in a location, you should get the feel, connect, and experience it truly – easier said than done. It seems to be easier to Globalise everything, then to Localise everything.

Commenting on his new role, Antony Doucet (CxO), who has been the DNA of Kerten Hospitality’s brands for many years and assumed the role of a Chief Experience Officer (CxO) effective July 1st, said: “Brillat Savarin, a French lawyer and politician who wrote The Physiology of Taste used to say: To invite a guest is to take the responsibility of his happiness during his stay under our roof.” In our Kerten Hospitality way, this would read: To invite guests, is to take the responsibility of their happiness, their emotions during their stay and connect them with our community…”

Marloes Knippenberg, CEO of Kerten Hospitality said: “Antony is a great example of someone who organically creates unique and community-connecting experiences that touch all senses. Antony brings together guests, partners, owners and the local community through purposeful events and interactions. Being a big-picture thinker, Antony has worked hard to inject this DNA into processes, and ways, deeply rooted into the entire organisation. We cannot wait to share our new curated destinations coming out in the next six months in different locations and countries, with a variety of offerings that range from eco-luxury glamping, to hotels with art residency in rural areas, to child-free experience hotels where the lobby is an actual stage.”

Antony who is currently based in Tbilisi, Georgia, for the opening of The House Hotel Old Tbilisi this week, gave some simple examples of how true and real these experiences are.

“Just 2 days ago, I organized a meeting with Tako Kvaratskehelia, who’s 26 years old and the founder of Rukhi Queen www.rukhiqueen.ge. She won the silver medal of London Honey Awards in 2021. At only 26 years of age, she has 400 bee hives and her honey is in such demand that she started to create a cooperative with other bee keepers. She met our 2 Chefs Jaume Puigdengolas Michelin star chef, who’s currently training our local Chef Alex Akopyan, and we will now have one signature dessert with her chestnut honey and our welcome amenities will be “Gozinaki” a Georgian specialty with honey and nuts. The idea is really to embrace, support and celebrate this kind of people”

The Group’s multiple UBBU initiatives will further involve guests to donate time for good causes: A great way to do good, to share an experience and to connect to the local community.

Doucet has helped redefine the Concept of Bleisure, a word he has been using for years, much longer than it has been “in”. Creating environments where Business and Leisure meet, get motivated, can be productive, and never want to leave from. Luxury in hospitality is about space, design harmony, carbon footprint reduction, community impact, staff engagement, food sourcing, to name a few factors. This philosophy has laid the grounds for the curated Experiential direction of Kerten.

Who is the man behind the Experiences’ creation at Kerten Hospitality? Antony’s career launched with Royal Caribbean Cruise Line, followed by multiple roles in France, Switzerland before joining Hyatt International where he opened the VIP & Celebrity Department at Park Hyatt Paris Vendome. After 12 years with Hyatt, he became an indispensable member of the Kerten Hospitality family where from a Brand and Marketing director, he has taken the reigns to support the growth of the Group’s portfolio by injecting the experiential factor in every destination.

About Kerten Hospitality:

Kerten Hospitality is a mixed-use, ESG and lifestyle operator managing and operating hotels, branded residences, serviced apartments, workspaces and business hubs and clubs under its 100% own and developed brands. KH transforms destinations through impactful collaborations both with our own and other branded Food & Beverage, Retail, Entertainment, Art and Wellness brands with a focus on building Ecosystems, and unique community-centric destinations, that connect International & local travelers.

KH manages a portfolio of 12 own brands including: Cloud7 Hotel and Residence, The House Hotel and Residence, Ouspace – a collaborative Social Hub and serviced offices concept. KH has a suite of in-house designed and operated Food & Beverage offerings and employs and collaborates with world renowned Michelin chefs to up and coming local foodpreneurs. All brands have a Purpose. ESG-focused ethos across its operations and pipeline of developments. In June, KH rolled out its ESG Initiative called UBBU: United. Building a Better Universe, across all its properties.

The current pipeline includes 40+ projects and 4,500+ roomkeys in Europe, the Middle East and North Africa and the CIS countries.

Teams are located all the way from Dublin, through Spain, Vienna, Dubai, Riyadh and Jeddah, and working remote and on project has always been the Group’s remit.

More information about the latest partnerships, initiatives, global industry recognitions and projects, visit the LinkedIn page here.

Amazon Launches a Fully Autonomous Warehouse Robot

With the help of the autonomous warehouse robot, people will be able to perform the basic job of the warehouse, and it will also work as one of the most effective factors for everyone. The robot will help in the performance of the warehouse. With its help, people will be able to get one of the most effective factors regarding the warehouse. It is also becoming a helpful option for many so that people can get the most effective support regarding the warehouse. It will be even more beneficial for most people.

Keeping these factors in mind, Amazon has also launched the first fully automatic robot, which is also known as the Proteus. This will be a fully automated warehouse robot that mainly works with the help of the available hardware, and it mainly focuses on the robots. The company’s main motto is to develop futuristic hardware and mainly focuses on robots. This is also going to be the important process by which a person will be able to get the assistance related to the warehouse support so that people will be able to work with high accuracy and safety. The company can also claim the robot can perform this step properly and the built-in lights that will work as the sensor lights by the help of which people will be able to check the presence of the human and it is also denoted as the objects that are situated in the proximity. When the human comes closer to it, the robot will work and come toward them, and when the human resumes, the work will be started again, and the whole process will be autonomous.

As a result, people will be able to take help from the end of the GoCart handling areas as well as the sorting centers. The company’s main aim is to take help from the Proteus so that they can handle the heavier objects that are taking place. In order to deal with the manpower, people should have to take help from the robots by the help of which people will be able to make the whole warehouse process and the people should have to take help from these aspects. As a result, people should have gotten help from these aspects of the launching process. Also, it will be helpful for every person who is working with them.

Read About:- Amazon, Berkshire Hathaway and JPMorgan Chase

Mahindra is now going to launch a premium quality SUV, Scorpio-N.

Mahindra, denoted as one of the most popular SUVs in India, is now going to launch one of the best PCB modules in India that can also be the daddy of the SUV and the Scorpio.

Today Mahindra and Mahindra have launched a new model of the SUV car that is a Mahindra scorpion, and It will include several innovative designs, and it will be changed in design in terms of LED projector headlamps, call elements as well as daytime running lights. Not just that, having a longer bonnet, double barrel headlamps, and premium seats are denoted as one of the most impressive factors of the car.

As a result, consumers of India are rapidly searching for these SUV cars so that people will be able to get the best SUV in India. Also, In the new SUV model of the Mahindra scorpion, there is a new thing that is going to be launched. Here, the car will have Alexa-enabled remote control to start the car, and the interior of the car will look like storage as the interior color is made of coffee black leatherette. The style is finished as well, as the look of the car has made it even more famous even before the launching of the product to the customers. Also, Mahindra is excited to launch the product as they also think that the sale of the product will be increased by this year. As a result, people will be able to get the SUV cars, and they will be able to get the cars in their garage. As a result, people will be able to get a premium quality car in India, and they will be able to access the several features regarding the stars, and they will be able to get one of the best car models that will look so modernized in India.

Read About:- Mahindra Group Launches its New Generation Mahindra Thar in India

Who will become the world’s first trillionaire?

There are so many billionaires there, but now, there is a chance for them to become trillionaires. There are almost 21 people who have a chance to become a trillionaire.

In the year 1916, when the name of the first billionaire was announced, these people were not on the list. However, 83 years later, Bill Gates became the centibillionaire, and the whole title was shared with eight others who are making money on technology in the US.

But, as of now, there is a high range of networth set, and this is about to set the wealth climb. Also, their valuation will get enhanced, and the accurate value should be obtained within the next five years.

According to most of the studies that were being approved, it is going to be one of the most essential as well as well used here for the billionaire so that soon they will be able to get the milestone of the trillionaire and there is a name of a number of people who can be the trillionaire for the first time. So this is going to be one of the craziest years where the world is getting their first trillionaire. It could be entitled to several people, or it could be entitled to someone, but there is a chance to become the first trillionaire in the world this year.

The research analyzed the network as well as the yearly growth of every person who is at least a trillionaire to understand at which time they are going to be the wealthiest person or they are going to be the trillionaire. However, there could be some uncertainty that will be attached to the research so that people can get the billionaire in the year.

Here is the Detailed list of the people who are on the list to become trillionaires of the world.

Name Current net worth: Anticipated year
Elon Musk US$263 billion 2024
Gautam Adani US$93 billion 2025
Zhang Yiming US$59 billion 2026
Bernard Arnault US$186 billion 2029
Mukesh Ambani  US$97 billion 2029
Jeff Bezos : US$188 billion 2030
Larry Page US$119 billion 2032
Sergey Brin  US$115 billion 2032
Steve Ballmer US$99 billion 2032
Michael Dell US$60 billion 2033

This year they are on the list of the world’s first trillionaires who are willing to be the trillionaires. Everyone had a nice year this year, and hopefully, they will become a millionaire by the end of this year too.   According to most of the data, hopefully, Elon Musk is going to be a trillionaire, but most people are also there who don’t think that Elon Musk will get this title. Also, there are two Indian people are also on the list who are willing to be the first trillionaire. Now the whole world is eagerly waiting to watch the actual person who will become the world first trillionaires of the world for the first time, this is going to be one of the most prestigious titles in the world now, and most people are also eager to see this factor.

Read about:- Top 10 Business tycoon of 2022 | Richest Person

What exactly are the traits of a leader?

Leader Personal characteristics, such as those of successful leaders, are referred to as leadership attributes. The capacity of a person or an organization to steer other people, groups, or organizations toward achieving their desired goals and objectives is what is meant by the term “leadership.” It is an essential component of management since it contributes to maximizing efficiency and accomplishing strategic and organizational objectives. 

Listed below are the characteristics of influential leaders:

It is a widespread fallacy that people automatically possess the qualities necessary to assume a leadership role. Those leadership qualities, like any other ability, may be developed over time via deliberate practice. The following are seven characteristics of a strong leader:

  1. People Who Can Communicate Effectively

Leaders are good communicators who can describe issues and potential solutions in a manner that is both clear and concise. Leaders can read the room and know when to speak and listen. In addition, leaders can interact effectively on various levels, including face-to-face, over the phone, over email, and so on.

  1. Liable and Answerable for their actions

Leaders are those who are responsible for themselves and accept responsibility for their faults. Individuality is something that leaders celebrate and promote, even as they adhere to the organizational structure, rules, and regulations that are required to be followed.

  1. People Who Think in the Long Term

Leaders are visionaries. This is shown by the leadership quality of having the ability to prepare for the future by setting specific and measurable objectives for the team. They know they need ongoing change and are willing to experiment with different strategies while attempting to resolve issues or enhance procedures.

  1. Independently Driven

Leaders are self-motivated individuals who can persevere in the face of adversity and achieve their objectives. In addition, a good leader does all in their power to surpass expectations rather than just meeting them.

  1. Confident

A high level of self-assurance is a characteristic that almost all influential leaders possess. They can lead with authority and make complex judgments when necessary. Leaders who exude self-assurance are better positioned to comfort and motivate their followers, facilitate open lines of communication, and stimulate cooperation.

  1. Oriented Toward People

People who are good at leading tend to be people-oriented and collaborative. They can cultivate a culture of teamwork, including other people in decision-making, and demonstrate care for every team member. Leaders can invigorate and encourage others by focusing on the individuals they lead. They provide the highest possible performance from every team member by treating each person as if they are valuable and essential to the team’s success.

  1. Capable of Maintaining Control Over Its Emotions

Leaders can maintain a healthy level of self-control and regulation over their conduct and the ability to bear dissatisfaction and stress. Influential leaders must be able to adapt to new circumstances without having a significant emotional response.

Characteristics of a Poor Leader

The following is a list of characteristics that poor leaders often show:
  1. Too domineering
  2. Lacking courage in the face of change
  3. Refusing to communicate adequately or being unable to do so
  4. They are contemptuous of ideas that are not their own.
  5. Lacking empathy
  6. Inconsistent
  7. A tendency to place blame on others rather than take responsibility for one’s actions
  8. Indecisive

Leaders are responsible for helping to encourage others, providing advice, constructing morale, enhancing the working atmosphere, and initiating action.

Read about:- How do entrepreneurs overcome challenges and become successful?

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