What is the difference between leadership and management?

As a startup founder your motivation may very well be to one day manage your own business. And why shouldn't it? Being in charge of your dreams work sounds like the epiphany of founder success, but before you get to managing your own business, you will have to start by leading it!

The difference between leading and managing a company is the very difference between still being on your way, and actually having established a solid company. The best startup companies are aware of the difference between leading and managing and never set their eyes on just one way of scaling their business.

As a startup founder you should always focus on leading. Leading means being keen on:

• Vision - Imagining where you want to go and use it as fuel on your startup journey

• Organizing - Get your startup organized and have clear responsibilities

• Developing - evolve, evolve, evolve

• Innovation - Let new ideas flow

• People - Nurse the team spirit

• EQ - Have the ability to understand the people around you 

• Drive - Motivation is vital

• What & Why - Be clear on goals

• Cultivation - Pay attention to what drives progress 

• Effectiveness - Define and focus on what’s most important

When getting established, turning a profit and having a sound economic base your focus should also start to entail:

• Processes - A, B, C, D...

• Aligning - Create synergies

• Maintaining - Compliance on a day-today basis

• Administration - The doll stuff...

• Systems - ensure efficiency in the workspace

• IQ - Understand the numbers and data and act accordingly

• Competences - Hire or maintain the right people for the job

• How & When - Have clear KPI’s

• Structuring - Create a solid foundation 

• Efficiency - Clear workflows

Never lose your edge by neglecting the focus on what got you to where you are, when you finally succeed in establishing your company. Rather be aware of what valuable management entails, understand the difference, and combine the two in the long run.

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Best regards
The Heroic Rhino Team