“Turning stress into excitement”
Talk With The Video
Summary
- It's been a busy yet exciting week as CEO; I'm constantly adapting to what the business needs.
- I've been focusing on changes in our portfolio for the next quarter and managing renovations for our new office building.
- I prioritize tasks by considering what suffers if delayed and the difficulty of reversing decisions.
- Renovation decisions are tough because they're costly, hard to reverse, and time-consuming for budgeting.
- My role requires flexibility; I adjust my leadership style to what's necessary for success.
- I've emphasized the importance of involving my team's opinions to utilize their expertise and experience.
- Hiring should focus on bringing on leaders, not just doers, to foster a more autonomous and proactive team.
- I encourage feedback, and when opinions differ, I share my context to reach mutual understanding.
- I'm organizing communication structures within the team to enhance efficiency.
- Switching between roles, such as CEO and content creator, requires authenticity in all areas.
- To effectively coach team members, it's beneficial to have foundational knowledge in each business area.
- I integrate my personality into my work, striving to be judged for who I truly am rather than a façade.
- My daily routine varies; I remain flexible to fit in all necessary tasks, whether content creation, strategy or team communication.
- Personal growth and adaptability are crucial; I won't let myself be the bottleneck in the business's success.
- My identity is fluid; I adapt to different roles as needed, focusing on the outcome rather than my comfort in the task.
Video
How To Take Action
I would suggest focusing on the things that have the biggest impact if delayed, and that are tough to change once done. For example, if you're moving or making office changes, think about the cost and effort. Make sure you're choosing what's most important, and don't rush into the hard-to-reverse stuff.
A good way of doing things is to be flexible with your leadership. As things at work change, you might need to act different to lead well. Sometimes you need to ask your team what they think because they know a lot. When hiring new people, look for leaders who can work on their own. You want a team that doesn't wait for you to tell them what to do.
Encourage your team to give you their ideas and share your thoughts back. This helps everyone get on the same page. It's key to make sure your team knows how to talk to each other well. Set up meetings and ways of chatting that make it easy for everyone to stay updated.
Don't forget to be real in everything you do, whether you're the boss or making videos. Show people who you really are.
Make sure you're growing and learning new things. You can't let yourself slow down your own business. Be willing to change how you do things if it means doing a better job.
Keep your days flexible. You might need to fit in different tasks like creating stuff, planning, or talking to your team. Don't get stuck in a routine if it stops you from doing what's needed.
Here's what you specifically need to do:
- Check what tasks need immediate action and do those first.
- Change your leadership style to fit the situation.
- Listen to your team and bring in new leaders.
- Share information to understand each other better.
- Set up a good way for your team to talk to each other.
- Always act like the real you in all parts of your work.
- Keep learning and be ready to do different things.
- Plan your day around your tasks, and stay flexible.
Quotes
"Seasons change quickly in business, and so what I've realized is that my team needs me to show up differently in each season"
– Leila Hormozi
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"I've always tried really hard to remain fluid; I will be whatever is needed to ensure that we succeed and hit the goal"
– Leila Hormozi
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"I think that a lot of people expect it to get pushed to them, but I think that you have to pull before it gets pushed"
– Leila Hormozi
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"A hallmark of a great leader is that they can get on board with something they disagree with without acting adversarial"
– Leila Hormozi
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"Running a business is [__] hard"
– Leila Hormozi