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Article by Peter J. Normandia. Follow me on Twitter.

Every Wednesday is Personal Development in Business…

Unless you are living under a rock, I’m sure you are aware of the historic day that took place yesterday. Barack Obama was sworn in as our 44th president of the U.S.A. Stepping aside from our own political views, you can not help but like this man. It is undeniable that he is a natural born leader, regardless of what you think he will do as our President.

This country has been desperate for a leader to guide it into the information age, and to connect with the exploding youth of today. It appears for now that we have found what we have been looking for.

As a business owner, there are many things to learn from Barack Obama. Being a business owner is like leading a very small country in your own right. You do not have all the answers. You are not always going to be right. There are many different opinions on what is right and wrong, and there is also a balance of keeping everyone involved relatively happy.

However, watching President Obama make it look easy yesterday, I thought long and hard about his approach. I believe that is why he is such a magnetic individual. His personality resonates with everyone because he speaks from the heart. We believe, whether wrong or right, he has our best interest in mind.

Inspired by watching this natural born leader during the inauguration, here are…

7 tips to make you a better business owner.

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1) Being right is less important than doing what’s right.

Work with your team. Sure, you can have an opinion or a firm belief, but being a leader is about listening to those around you, not just pretending to.

2) Know your limits

President Obama made it clear that he can only do so much. It is up to each one of us to help guide this country to a better place. He put the challenge on us to be accountable for our actions.

3) Sometimes you lead, sometimes you follow.

Being a great leader means knowing when it’s your turn to follow. Sometimes, a person beneath you may have a better plan. A good leader recognizes this, and understands that sometimes you lead by following others.

4) You catch more bees with honey.

As a business owner, just like a President, you can have many enemies. Some are even in your own camp. However, it is how you handle these disputes that conveys your leadership ability to others. Do not overreact and try to make each issue a case of right and wrong. Listen to your enemies, and challenge them not with words or power, but with your example. You may find an enemy becomes a great ally.

5) Take it one challenge at a time

Imagine being President Obama right now. He faces some of the toughest challenges any president has ever had to. The same can be true for a new business owner. Try not to get caught up in the pressure. Simply handle each challenge one at a time, and take it from there. You can not fix everything in one day, so no need to try.

6) It is okay to be Human.

President Obama did not come out and claim to know everything, have all the answers, or prove he is smarter than everyone else. Instead, he let his humanity show and that is what drew us all to him. We are all human, no matter how hard we try to be perfect robots. It’s okay to show our humanity. We all make mistakes, and a business owner, or the President of the U.S.A. is no exception. Admit it when you make a mistake, and take the pressure off of everyone else afraid to do so.

7) Don’t worry about the haters.

Haters to me are people who have not been able to get things in their own life to go right. Therefore, they hate on everyone else trying to accomplish the things they could not. It is most important to believe in yourself, no matter what those around you say. If you believe you can change the world, than you sure as hell have a chance of doing so. Look no further than a man named Barack Hussein Obama for your inspiration.

Now it’s your turn. In the comments section, add some other ways President Obama may have inspired you….

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