Maxwell's 3R's of Leadership

On pp. 177 to 179 of The 21 Irrefutable Laws of Leadership Follow Them and People Will Follow You (Nelson Books, 1998), Maxwell lays out what he says is his 3R's of leadership: requirement, return, reward.

Here's how he explains them.

1. What is required? We're all accountable to somebody...For that reason, your list of priorities must always begin with what is required of you...

2. What gives the greatest return?...You should spend most of your time working in your areas of greatest strength. If something can be done 80 percent as well by someone else in your organization, delegate it...

3. What brings the greatest reward?...The things that bring the greatest personal reward are the fire lighters in a leader's life.

For entrepreneurial leaders, I would tweak this slightly.

1. What is required? What is required of you? Do you have it in you? What do you need to do to grow into an area that you need.

2. What is the return? What is the return both financially and personally.

3. What brings the greatest reward? Reward both financial and personal.

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