5 Surprising Steps to GET PROMOTED in a High Growth Business
Summary
- Focus on the company's success rather than just your department or career to ensure you grow with a high growth company.
- Embrace a culture where peer-to-peer feedback is common, not just top-down feedback.
- Give constructive feedback and criticism to your bosses to help them see issues they may not be aware of.
- Gain a holistic understanding of the company, not just your department; this broader perspective is key.
- Learn how to read and influence the company’s Profit and Loss (P&L) statement; it’s crucial for understanding the company's financial health.
- Sit in on meetings of departments other than your own to gain context and better understand how they interact.
- Take on some of your boss’s responsibilities and aim to perform them even better to show your capability and value.
- Regardless of your role, understand how the company makes money and focus on driving or protecting revenue.
- Push to have responsibility for revenue to grow professionally and become indispensable to the company.
- Sharing this knowledge with your team can make you a critical asset to the organization’s ongoing success.
Video
How To Take Action
A good way of doing things is to first think about the company as a whole, not just my job or my department. To grow with a company, especially a fast-growing one, it's key to look at everything that makes the company work. Here are some steps:
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Give and Get Feedback: Start by sharing ideas and feedback with other teammates, not just waiting for the boss to do it. When someone needs help or isn't doing their best, I can step in and give them a friendly tip on how to improve.
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Talk to the Boss: When there's a problem or I have a good idea, I shouldn't keep it to myself. Telling the boss can help fix things when they're still small. It's important to be polite and clear when doing this.
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Understand the Whole Company: Learn about different parts of the company, not just my department. I could sit in on a meeting for another department once a month. This helps see how everything connects and helps me make better choices for my work.
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Help the Boss: To show I am ready to do more, I can try doing some of my boss's tasks and aim to do them really well. This helps the boss and shows that I can handle more responsibility.
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Focus on Money: No matter my job, I should understand how the company makes money. If I'm not selling things, I'm helping keep customers happy, which protects the money we make. Learning about the company's Profit and Loss (P&L) can show how my work changes the money, and I can ask to learn more about this.
Lastly, sharing what I learn with others at work makes everyone stronger and shows I'm someone who really helps the company. It's like being part of a sports team – I play better when I know how all the positions work, not just my own!
Remember, every small step I take can make a big difference for the company and for me too.
Quotes
"The moment that you stop thinking about your own career and your own department and start thinking about the business is the moment you will win"
– Leila Hormozi
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"If you're in a high growth company or even just a company in general, stop talking to your boss about your peers and start talking to your peers about your peers"
– Leila Hormozi
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"The biggest reason that companies fail is because the founder is unaware of the problems that are occurring"
– Leila Hormozi
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"The most powerful feedback in the world is peer-to-peer"
– Leila Hormozi
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"If you're going to take on the responsibilities of your boss, if you're gonna try and take things off their plate, make sure that you do it better"
– Leila Hormozi
