Million Dollar Lesson I Wish I Learned Earlier

Summary

• I've learned that leading with fear does not bring out the best performance in a team. For example, I was once in a team that was top in the region but fell to the bottom 30th percentile when a new leader used intimidation.
• It's important to understand that threatening or aggressive behavior, like being told you'll be run over with a truck and lit on fire, can dramatically harm team morale and output.
• Positive reinforcement is key to maintaining a successful team. If you switch to fear-based tactics, even the best team members, myself included, might underperform or leave.
• In my experience, a drastic drop in performance is often linked to the leadership style. If a leader is not motivating the team in a constructive manner, the team's capacity to succeed is significantly hindered.
• Continual excellence is achieved through encouragement and support, not fear. It's crucial to foster a positive work environment to keep everyone, including top performers, engaged and productive.

Video

How To Take Action

I would suggest avoiding fear-based methods when managing a team. It can really hurt how well we all do together. Instead, try giving lots of encouragement. This makes everyone feel good and work better.

A good way of doing this is to focus on speaking kindly and offering help. If someone does a great job, tell them! It will make them want to keep doing well. If a team's not doing great, instead of getting mad or scary, work with them to find out why and figure out together how to do better.

To make sure you're doing this right, think about how you'd like someone to talk to you when you're working hard or if you make a mistake. Be the kind of leader who you'd like to follow. This keeps your best team members around and helps everyone do their best work.

Here's an easy thing you can start doing: At the end of each day, find one thing that someone on your team did well and tell them. It doesn't cost anything, and it only takes a minute, but it can make a big difference.

And if things are tough, remember to sit down and talk about it together. Ask the team how they think you can all improve. Listening helps everyone feel important and can lead to really good ideas.

The key is always building a place where people know they're valued and where they're supported to do well. When they feel this way, they're more likely to keep working hard and doing their best.

Quotes by Leila Hormozi

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Full Transcript

and he said no more of this we better post someing numbers this week or else y'all are fired I remember specifically telling me that he was going to run me over with his truck and light me on fire that was a fun one and guess what happened top performer 1 2 3 4 all Leave Myself included that team that was number one in the region and overperforming went to being in the bottom 30th percentile and the only change that was made was that they brought in a leader who led with fear rather than the leader who had led with positive reinforcements