Did you know that emotional intelligence can also increase your income?
The most effective leaders have one crucial trait in common: emotional intelligence. It’s not that IQ and technical skills are unimportant, they do matter, but they are the entry-level requirements for executive positions.
Raise your income
According to research, people with high levels of emotional intelligence earn more annually than those with less emotional intelligence.
The road to higher income is paved with the quality of your relationships. People earn more money as they become more emotionally intelligent.
How to increase your EQ
The road to higher emotional intelligence is not a destination, it’s a journey. But the path along the journey to building up your EQ skills will pay off in many ways, including enlarging your bank account.
There is a plethora of strategies, suggestions, and ideas floating around the internet about how to best boost your EQ. To simplify, here are four foundational ways to do it with good practice and intentionality.
1. Raise your self-awareness
This is the first part of emotional intelligence and involves familiarising yourself with your emotions. Ever wonder why you feel the way you do sometimes? boosting your self-awareness, you understanding situations or people will help you, especially when working and collaborating with difficult personalities in close quarters.
2. Learn self-control
A leader with high emotional intelligence is able to redirect disruptive emotions and impulses and not jump to any hasty conclusions. When a team botches a delivery, she will step back, look at all the possible reasons why things didn’t work out, explain the consequences and explore solutions with them.
3. Practice empathy.
Making sure employees feel valued is a prerequisite of great managers. Showing empathy around their experience by seeking feedback is one of the critical steps to achieving that. Listening and driving people to perform to ensure they feel empowered to thrive.
4. Be visible to others
During the hard times, leaders with a high degree of EQ don’t hide behind closed doors or conveniently delegate important communication needs to others. They are out on the front lines sharing plans for the future, addressing questions and concerns, and calming fears and apprehensions. Employees look to such leaders for information, clear expectations, and the status of what’s going on when the chips are down. This is why visible and approachable leaders will “walk their four corners.” They check in with their people and personally answer questions to ensure the trust is ongoing and people feel safe.
Not everyone is wired for naturally solving problems with soft-skill solutions as posed above. If this is your challenge, do what most good leaders do: Invest in hiring a good coach who can help facilitate your process of self-discovery to raise your EQ. As you gain new awareness, integrate the behavioral change into daily decision making and personal interactions. Then watch your income grow.
Study Emotional Intelligence