Businesses That Crush It Do This
Summary
- The most successful businesses in our portfolio are the ones making more mistakes than others, indicating they're continually trying new things and progressing.
- Striving for perfection in business can create a culture of fear where employees might hide their mistakes.
- I learned from my own experience that by being afraid to show I didn't know everything, I inadvertently encouraged others to hide their errors.
- Once I started being transparent with my team about not knowing everything, it encouraged others to be more open about their mistakes.
- Being transparent not only improves team dynamics but also makes the work environment more enjoyable.
Video
How To Take Action
I would suggest embracing mistakes in your business. Remember, making more errors often means you're learning and growing quicker than others. Don't try to be perfect, it's not possible, and it creates a scary place where people hide their mess-ups. I found out that when I stopped acting like I knew it all, my team also felt okay not knowing everything.
Here's what you should do:
Own Your Mistakes: If you make a mistake, say so. This shows everyone it's okay to mess up and learn.
Encourage Openness: Tell your team it's safe to tell you when something goes wrong. This will help fix things faster.
Learn Together: Share what you learn from mistakes as a team. That way, everyone gets smarter.
Celebrate Progress: When someone tries something new, even if it doesn't work out, be happy about the effort. It shows they are moving forward.
Keep It Light: Make sure your workplace is fun. When you're not scared to slip up, work feels better, and you all can be honest.
Remember, the goal isn't to make mistakes. But when they happen, use them to push your business and your team to do better and enjoy the journey.
Quotes by Leila Hormozi
"Mistakes are actually like evidence that you're moving forward"
– Leila Hormozi
"If you guys all try to be perfect and you have people that work for you, you create an environment where all these people think I have to be perfect"
– Leila Hormozi
"Then they hide mistakes from you"
– Leila Hormozi
"I was so fearful of people finding out that I didn't know everything I was doing"
– Leila Hormozi
"It's just so much more enjoyable if you can just be transparent"
– Leila Hormozi
Full Transcript
the most successful businesses like if you look at our portfolio the ones that are crushing it they're making more mistakes than any other businesses mistakes are actually like evidence that you're moving forward if you guys all try to be perfect and you have people that work for you you create an environment where all these people think I have to be perfect and then they hide mistakes from you and that's something that I did early on because I was so fearful of people finding out that I didn't know everything I was doing and I never shared that with them and then finally once I started sharing people started sharing more with me and I mean it sounds like fluffy and all that but like it's just so much more enjoyable if you can just be transparent you know be
