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If you consider the employers you have worked for in your past, you could probably divide them into two groups: those who knew their worth and those who didn’t.
If you think about it in those terms, it will become obvious that the better managers knew their worth.
This intrinsic knowledge is a vital asset to any leader. Why?
1. Leaders who know their worth delegate with confidence
We all have strengths. Know what yours are. Be clear on this. When you know your strengths, you can feel confident delegating and leading. When the next project rolls around for your company, knowing your worth will be vital in planning out each undertaking. If you tend to waffle when discussing your talents, you will vacillate when assigning tasks. Any leader who is insecure in launching a project will set a tone of insecurity, and the team members will follow suit. Insecurity breeds indecision and eventually resentment. Know how valuable your skills are.
2. Leaders who know their worth don’t allow disrespect of anyone on the team
Too often low self-esteem enters the workplace by way of disrespectful comments. People lash out in disrespect because they feel badly about themselves. As a leader who knows your worth, you can stop this behavior by establishing an environment of respect. This begins with you having high self-esteem and knowing your own worth. You can stop disrespect in your office by displaying respect for yourself and others.
3. Leaders who know their worth have relaxed followers
Stressful team members are a problem with any project. They bring their worry to the project, and it naturally spreads to those around them. It is difficult to deal with this kind of stress unless you are a confident leader. Just like stress can spread, confidence is infectious. Anyone on a team performs better when their leader is confident. The tone a manager sets can combat that stress that sneaks in. So as a leader, it is up to you to develop and maintain that confidence. Knowing your worth is the key to confidence.
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4. Leaders who know their worth face any crisis with poise
When your company has a bad quarter, disappointment is a natural response. When a key person on your team quits, panic can arise. When conflict rears its head at the office, avoidance and denial can be a temptation. However, if you know your worth, that knowledge can lead you away from disappointment, panic and denial. Instead of dealing with the overwhelming thought of “What in the world should I do now?” your response can be, “We can handle this. What is our first step?”
Jim Rohn said, “You don’t get paid for the hour. You get paid for the value you bring to the hour.” That value begins with valuing yourself and what you bring to the table. To be the best leader you can be, spend time in understanding and knowing your worth. You will benefit from this and so will the people on your team.