The Worst Trait in a Leader

Summary

• When we had a business owner in our portfolio, a persistent issue emerged: nobody wanted to work for him due to his perceived arrogance.
• It became clear that an individual's personality can severely impact their company's ability to grow and succeed.
• I realized the importance of addressing such personality issues promptly because the time it would take to change his behavior was uncertain and potentially lengthy.
• I learned that assessing the impact of leadership traits on a business is crucial, as it can be the biggest barrier to growth in a competitive market.
• Reflecting on this experience, my advice would be to routinely evaluate how personal attributes might be affecting professional relationships and be willing to make necessary changes swiftly.

Video

How To Take Action

I would suggest first taking a look inward and evaluating how your own behavior might be affecting your business. Since personality can hugely impact your company's success, being aware of any negative traits is key. Listen to feedback, especially if the same comments come up often.

If you're getting feedback that points to arrogance, or any other unhelpful trait, it's really important to work on changing that behavior. Don't wait – it could be costing you valuable growth opportunities.

A good way of doing this is to start with small, daily habits. Practice active listening and humility. When talking with your team or customers, make sure to really hear what they're saying and consider their perspectives. This can foster a better work environment and could make people more eager to join your team.

Another quick action step is to ask for direct feedback from your team. How do you come across to them? Be open to criticism and ready to adjust based on what you learn. Maybe set up regular check-ins where you and your team can share thoughts and feelings openly.

Lastly, if you recognize that your behavior is a hurdle, seek out resources to help you improve. This could be a mentor, books on leadership, or even a coach, if you have the means. But there are also plenty of free resources online – articles, videos, and tools to help you reflect on and improve your leadership skills.

Remember, acknowledging the problem is the first step, and then taking swift action to correct it is crucial. This way, you're setting your business up for better chances at success.

Quotes by Leila Hormozi

"You know what, this is real"

– Leila Hormozi

"How long will it take to untrain his arrogance"

– Leila Hormozi

"I don't have time to wait"

– Leila Hormozi

"In order to the market"

– Leila Hormozi

"That was the biggest impediment to him growing his business"

– Leila Hormozi

Full Transcript

we could not for the life of us get anyone to work for this guy we had somebody in the portfolio who had a really fantastic business unfortunately every interview he had all I heard from everyone was the same word they said this guy's an arrogant it wasn't until that happened that I was like you know what this is real the question that I had asked myself is how long will it take to untrain his arrogance and I don't have time to wait in order to the market that was the biggest impediment to him growing his business