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I don't know how your elections work, but I know that for my chapter the main question posed of the president is "are they going to do what's best for the chapter?"
Keep that in the back of your mind as you go through your term and you aren't likely to be clueless as for what to do in a situation.
Also, in addition to reading your bylaws, constitution etc. RE-READ YOUR RITUALS!!! I believe that everything you could ever need to know on how to be a great member of your organization is in those documents.
As for your nerves: this position wasn't just something that fell into your lap. You've obviously earned this and people look up to you and the regard you hold for you organization as exemplerary. I never realized the respect for chapter presidents that all greeks have until a Greek Week speaker 2 years ago. The entire greek community was out, and the speaker asked for the chapter presidents to stand up. She thanked them, then asked the crowd how many of those seated wanted to become chapter presidents, a few random people stood up with a couple misplaced hollers. Then the Speaker asked who respected and appreciated what the chapter presidents did for their chapters. The entire community stood up immediately - this wasn't one of those standing O's where people were lagging deciding if they were going to take part, it was real, immediate and sincere. I'd like to think that a similar response would be found pretty much everywhere - so remember that when things get tough!
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