The Seasons of Business
Summary
- We must be ready for rapid changes in business; growth, stagnation, and decline can happen in quick succession.
- As a leader, it's crucial for me to adapt my role according to the team's needs in each season – whether that's as a communicator, an encourager, or a motivator.
- I make it a priority to remain flexible in my leadership approach, taking on whatever role is necessary to help the team succeed and achieve our goals.
Video
How To Take Action
A good way to handle changes in business is to prepare for growth, stagnation, or decline. Think of your business as going through different seasons. When things are good, enjoy the growth, but also get ready for times when business might be slow or tough.
I would suggest becoming flexible in how you lead your team. Like, if your team needs more talking and sharing ideas, be the best at communicating. If your team feels down, cheer them up and give them hope. And when it's time to really work hard, show everyone it's go time and get them moving.
Here's what you can do:
Watch for Business Seasons: Keep an eye on how your business is doing. Is it growing, staying the same, or are sales dropping? This tells you what kind of season you're in.
Change Your Role: If your team needs different things from you, change how you act to help them. Be whoever your team needs you to be.
Communicate: Always talk clearly with your team about what's happening and what everyone needs to do. This helps everyone stay on the same page.
Encourage: When times are tough, help your team feel better. Tell them they can do it and help them see the bright side.
Motivate: When it's time to really push, pump up your team. Let them know it's important to work hard right now and that you're all in it together.
Remember, the goal is to make your team succeed and reach your goals, no matter what season your business is in. You've got to be ready to change and help your team in the best way possible.
Quotes by Leila Hormozi
"Seasons change quickly in business"
– Leila Hormozi
"You're going to go through a season where things are growing really quickly"
– Leila Hormozi
"You're also going to go through a season where things are stagnant"
– Leila Hormozi
"There's also seasons like we went through Covid where things are declining and things aren't looking good"
– Leila Hormozi
"I will be whatever is needed to ensure that we succeed and hit the goal"
– Leila Hormozi
Full Transcript
seasons change quickly in business you're going to go through a season where things are growing really quickly you're also going to go through a season where things are stagnant and there's also Seasons like we went through Co where things are declining and things aren't looking good my team needs me to show up differently in each season I am chief communication officer I am chief encouragement officer I am chief it's freaking go time officer like what is it that I need to be to better this team that's just been something that I've always tried really hard to remain fluid I will be whatever is needed to ensure that we succeed and hit the goal
