The podcast discusses the importance of leadership, self-care, and setting clear visions in business. It emphasizes the significance of modeling behavior as a leader and the challenges of effective decision-making. The speaker encourages listeners to take action and connect with them on LinkedIn.
24:45
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Quick takeaways
Setting a clear vision and effectively communicating it to employees is crucial for effective leadership, as it allows for higher contributions, autonomy, and alignment with the business's purpose.
Modeling behavior and consistently exhibiting the values and behaviors expected from employees creates a healthy work environment, positively influencing the business's culture and inspiring others to follow the leader's lead.
Deep dives
Setting Vision and Bringing People Along
One of the key responsibilities of a leader is to set the vision and direction of the business and bring people along. This is a challenging task that requires clarity, as lack of clarity can lead to confusion and politics within the organization. When leaders effectively set the vision and communicate it clearly, it becomes easier for employees to contribute at a higher level, find autonomy, and align their purpose with the business. It is crucial for leaders to meet people where they are and understand their perspectives, as well as not expecting employees to care as much about the business as the leader does. Clear communication, repetition of objectives, and meeting people's needs are essential in effective leadership.
Modeling Behavior and Leading by Example
Modeling behavior is a powerful way to influence others as a leader. It is important for leaders to practice what they preach and treat others with respect and excellence. By demonstrating the behavior they expect from their teams, leaders create a healthy and respectful work environment where employees feel inspired to follow their lead. This extends to small actions like punctuality, where being on time shows respect for others' time. Modeling excellence and maintaining high standards can become part of the business's DNA, influencing the culture positively. Leaders should strive to lead by example and consistently exhibit the values and behaviors they want to see in their teams.
Finding Comfort in Discomfort and Effective Decision-Making
Leaders must embrace discomfort and uncertainty, as the complexity of running a business often leads to unclear paths and variables. Great leaders find comfort in discomfort and remain calm and confident, even when faced with ambiguity. They accept that they may not have all the answers and still move forward. Effective decision-making involves distinguishing between revolving door decisions, which can be easily reversed, and one-way door decisions, which are irreversible. Leaders should spend less time over-analyzing revolving door decisions and more time thoroughly considering one-way door decisions. Striking the right balance between decision-making and embracing discomfort contributes to effective leadership.
This is not the place where you'll hear about how to build a billion-dollar business, win an ironman event, or find spiritual enlightenment. What I can share is my experience around how to build, lead and exit a business of maybe a few million dollars, how to place in the top 10 in a mountain bike stage race or how to implement systems to continually work and improve on your mental and physical health.In short…I might be able to offer a little help on how to be moderately successful. To be really clear, nothing that I share is financial advice or advice of any kind for that matter but rather my own experience shared. It’s critical that you do your own research on anything that I share in this podcast and that you take responsibility for your own decisions.I want to challenge you to be more than just a passenger. If you hear anything in any of the episodes that resonate with you and that you want to implement in your own life, take action by teaching that thing to someone within the next 24 hours and then ask them to hold you accountable for doing the thing that you said you were going to do. Teaching is often the best way to learn and accountability is usually the thing between talk and meaningful, consistent action. I hope you find some value... Lastly, Please give us a rating - it really helps us to reach more folks like you: https://lovethepodcast.com/Htbms Get in touch with me here. -Mike