Build with Leila Hormozi Do You Want Control Or Growth? | Ep 230
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Jan 17, 2025 The discussion dives into the common pitfalls founders face when they become bottlenecks in their own businesses. It highlights the crucial balance between maintaining control and fostering growth through effective delegation. Insights are shared on how micromanagement can stifle progress, encouraging leaders to shift their approach. By empowering teams, entrepreneurs can unlock sustainable development and drive success. Tune in for strategies to create a thriving environment where everyone can contribute.
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Control's Dual Nature
- The need for control is an asset in a business's early stages because founders handle everything.
- As the business grows, this same need for control becomes a liability, hindering further growth.
The Illusion of Control
- People like control because it creates an illusion of predictability, reducing worry.
- Control allows us to believe we can predict outcomes, even though we never truly can.
Leila's Control Story
- Leila Hormozi admits to previously being a "control freak."
- She learned that while control works when small, it's not a long-term growth strategy.