No Business Can Succeed Without THIS

Summary

• A strong team is essential for building a great business; it's not just about the leaders but the people behind them.
• Look for potential leaders in your company who have capacity, character, and motivation.
• Once you identify these potential leaders, use three key principles to guide their development:
  • Prioritize humility over arrogance.
  • Promote based on their rate of progress rather than just their current performance.
  • Value intelligence as the speed of learning and the ability to apply new behaviors to the same circumstances.
• Encourage embracing extremes instead of avoiding them.

Video

How To Take Action

I would suggest focusing on building a strong team. Start by identifying team members with leadership potential. Look for those who show capacity, character, and motivation. Recognize people who learn quickly and adapt well to new situations.

A good way of guiding their development is to emphasize humility. Encourage your team to learn from each other and from failures. It’s important to prioritize people who are eager to learn, not just those excelling at the moment. This could mean rewarding employees for their progress and improvements rather than just their current achievements.

Another key point is to value intelligence as the speed of learning and applying it effectively. Help your team find ways to apply new knowledge in different circumstances. Encourage them to think critically and adapt.

Also, embrace extremes instead of avoiding them. This means encouraging bold ideas and diverse ways of thinking. Don’t shy away from challenging situations; use them as opportunities for growth.

Regularly check in with your team to give feedback and support their development. Create an environment where it’s safe to take risks and make mistakes. This will foster a culture of continuous learning and improvement.

These strategies don’t require a lot of money or time but can greatly enhance your team's effectiveness and help you build a better business.

Full Transcript

what is strong is the team that we have assemble and behind every great business that we've built gym launch Allen Prestige Labs acquisition it is a team of people behind it it's not just me and Alex it is the team that has been able to do it and so I will preach this until somebody actually gets it how do you know that somebody has the potential to be a leader in your company that can make change and grow the business we want to look for people who have the capacity the character and the motivation and then the three principles we want to use once we identify the people is prioritizing humility over arrogance promoting for rate of progress rather than current performance intelligence is the speed of learning it's the ability to apply a new Behavior to the same circumstance and embracing extremes rather than flying away from them