- 20. Rethink business.
There’s no cookie-cutter formula for finding the right balance of time and resources when it comes to focusing on improving your leadership skills, so each entrepreneur will have to determine what works best for them. But particularly when business conditions are poor and competition is fiercer than ever, it’s clear that the old rules of business are outdated. So be prepared to reinvent yourself and the organization. Read Innovation and Entrepreneurship (HarperCollins; $16.99) by Peter F. Drucker and Being the Boss: The 3 Imperatives for Becoming A Great Leader (Harvard Business Review Press; $29.95) by Linda A. Hill and Kent Lineback. Make sure that there’s a tight connection between doing daily work and also learning and evolving over time.