Being in a position of leadership can seem very exciting at first – think of all the power you have right at your fingertips! But along with power comes great responsibility, responsibility which can quickly seem overwhelming. By taking the time to learn about traits of effective and fair leaders, you will be doing your company a great service.

When attending meetings, act like you’re stupid and don’t know anything. You are not actually stupid, of course, but adopting this mindset makes you more likely to accept input from other people who may actually know more than you do. Arrogance has been the downfall of many business leaders, after all.

Make sure to engage people as a leader. You must learn how to motivate, involve, and excite others. Inspire them to engage their passions, strengths, skills, and creativity in the tasks at hand. Do what you can to acknowledge and appreciate each person’s contributions and efforts. You should make them all feel like they did something to move the project forward.

Understand the business you are in. Unfortunately there are many leaders out there who don’t get their business totally. Whether that’s because they inherited the business or they just no longer care, it doesn’t matter. It reads the same to employees. How can you lead if others don’t trust that you have the knowledge to do so?

As a leader, you need to create a joyful atmosphere. Nobody wants to work in a place that is full of negativity. You must work to discover the possibilities in every situation and try to enjoy yourself every day. Remain positive and help others remain positive. Know that you can create something wonderful with your team.

Work on building trust with the people that work with you. People need to feel that they can trust their leader. This can motivate them to succeed and help build cooperation and understanding in the company. You should inspire others so that their trust in you can help tasks get completed properly.

If you are in a leadership role, make it a point to avoid using harsh, or discouraging comments with your team members. Instead of using negative reinforcement, try starting the conversation with a positive comment, then gently easing into your problem or concern. This helps them to let their guard down, and remember that you are on their side.

Befriend a trustworthy person in the same business field. This person will be invaluable when you have an idea and you want to make sure it is actually viable. You will, of course, have to be available to your “business buddy,” as well, as this sort of relationship is a two-way street.

Good work can flow more readily in the presence of strong incentives. Salary is not enough incentive to keep people motivated. If someone that’s working for you does more than they had to, let them know that you notice and give them something like a bonus. Good leaders are generous in this situation.

Leaders can truly make or break a company. You have a lifelong responsibility to learn as much as possible about what it means to be a successful leader. Continue your education and do everything in your power to learn more about the nuts and bolts of effective and dynamic leadership.