Are You Testing or Changing

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Are You Testing or Changing?

Summary

  • When we talk about making changes in our company, we need to distinguish between wanting to test something new and committing to a change.
  • Testing is crucial; we should always check if a new idea works better before we decide to change to it.
  • We must continually evaluate our business strategies against our assumptions to ensure they align with market changes.
  • As a visionary leader, giving yourself and your team the space to test ideas is essential.
  • It's important to foster a work environment that supports experimentation and the testing of new concepts.

Video

How To Take Action

I would suggest starting by separating the ideas of testing and changing in your business. Testing lets you see if something is a good fit without fully committing right away. Keep in mind that every new concept is an experiment, not an instant change.

A good way to put this into action is by setting aside time each week to brainstorm with your team. During this time, come up with new ideas and pick the most promising ones to test. Make sure each test has a clear goal and a way to measure if it's working.

Try to create a safe space where you and your team can suggest any ideas, no matter how out-of-the-box they seem. It's important to support each other and feel comfortable sharing.

Always double-check that what you're doing in your business matches what's happening in the market. This means you should keep an eye on trends and customer feedback. When you spot a difference between your methods and market needs, that's your cue to test a new strategy.

Remember, not every test will lead to a change, and that's okay. The goal is to find what truly works better for your business. When a test does show positive results, then you can think about making that change for real.

So, take baby steps, test your ideas, see what works, and grow from there. This is how you keep your business moving forward without taking on too much risk at once.

Quotes by Leila Hormozi

"We want to test this, we don't want to change it"

– Leila Hormozi

"It's in the best interest of the company that we operationalize that"

– Leila Hormozi

"How do we make sure that we're constantly testing against our assumptions"

– Leila Hormozi

"What works best for the business"

– Leila Hormozi

"We have to create an environment in which we can test those things"

– Leila Hormozi

Full Transcript

the word test and change get conflated and then people say we want to change you know the Visionary says I want to do this to change this and it's like okay but do you actually want to change it if it doesn't work better and I'm sure they're going to say well no it's like okay so we want to test this we don't want to change it it's in the best interest of the company that we operationalize that how do we make sure that we're constantly testing against our assumptions of what works best for the business against what we see changing in the market for a lot of visionary leaders they need to have room to test at all points in time and I think that we have to create an environment in which we can test those things

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