What’s the difference between being in charge and being in control? In this episode, Dan Sullivan shares his surprising insights on managing teams and creating a productive work environment, offering practical strategies for empowering team members, fostering independence, and creating a thriving organizational culture. Tune in to discover Dan's proven approach to entrepreneurial leadership!
Here’s some of what you’ll learn in this episode:
- Why self-managing has to be built in from the very beginning.
- What gives Dan confidence in his concepts and tools.
- What people rely on entrepreneurs for as leaders.
- Why Dan doesn’t intervene when a team member might fail on a project.
- The difference between leadership and management—and being in charge versus being in control.
- How Strategic Coach® makes sure their team members don’t get burned out.
- Why Dan doesn’t even think about anyone who might be competing with Strategic Coach.
Show Notes:
- The number one skill for having a Self-Managing Company® is profound ignorance. The number one structure is Unique Ability Teamwork®.
- If you don’t get everyone’s roles right, you won’t get anything else right.
- It’s hard to correct a mistake you’ve made from the beginning.
- Confidence in your concepts and team is more crucial than trust.
- Confidence can come from knowing that you’ll always transform when you fail.
- A truly Self-Managing Company operates successfully independent of your constant oversight.
- Giving your team members the freedom to innovate, contribute, and pursue their Unique Ability® is essential to long-term business growth and success.
- Many entrepreneurs pride themselves on being hands-on with everything that happens at their company, but it’s important to resist the urge to rescue struggling teams.
- Being hands-off means allowing your team to learn from failures and trusting that they’ll develop problem-solving skills.
- Trust means that you’re taking a risk, and entrepreneurship is founded on risk.
- Everything that Strategic Coach needs to be is organized on teamwork.
- Strategic Coach has great institutional habits and institutional wisdom.
- In science, the experiment cannot depend upon the experimenter. The same applies to business.
- Being in control is management; being in charge is leadership.
- Make sure the little things that have to be there every day are right—the freedoms and supports that allow team members to thrive—and everything else will fall into place.
Resources:
Unique Ability®
Blog: What Is A Self-Managing Company®?
Blog: Your Business Is A Theater Production: Your Back Stage Shouldn’t Show On The Front Stage
Blog: Time Management Strategies For Entrepreneurs (Effective Strategies Only)
Blog: Transforming Experiences Into Multipliers
Inside Strategic Coach: Connecting Entrepreneurs With What Really Matters