Some of the things extraordinary people do every day:
They are open to criticism
Just because you’re the boss, doesn’t mean you are right every time. It doesn’t mean you have the best ideas. Learn to back up your ideas or decisions with reason. Use logic to explain things, not authority. By doing this your decisions might invite criticism, but you will also get an opportunity to improve.
They admit their mistakes
My friend’s boss made a huge mistake by tying up with an event management company. The whole purpose of the tie-up was to promote his company but it failed miserably. Instead of defending his idea and carrying on as if nothing happened, he apologized to the team for not including them in the decision making. It’s OK to admit you were wrong. You will not only gain the respect of your teammates, but you will also gain credibility.