What does the word "Leadership" mean?
Well, it is (as my 7-year old daughter informs me) a compound word comprising of two words: Leader & Ship
I started thinking … What does a Lead Ship look like for the Navy?
Here are some characteristics that describe a Lead Ship:
§ Always out in front
§ 1st to confront the enemy
§ Scares the enemy (why do enemies always try to attack the rear?)
§ Always prepared for the surprise
§ Best people are on board
§ Nimble and Flexible
§ Heavily Equipped/Armed
§ Always on the lookout
§ Newest/Best knowledge and equipment
§ Has a plan!
§ Leads others
How does this apply to your finances? Well, do you exhibit the same characteristics when it comes to the way you manage your finances?
Do you have a plan? Are you prepared for the surprise? Do you have a plan? Are you flexible? Are you able to be trusted?
Look through the list. What do you need to do to exhibit these characteristics?