Your Ego Will Impact Your Business

Summary

• Remember, it's easy to think a company's success comes from having a big ego, but that's often not the case.
• Having an ego can sometimes get in the way of progress, especially when a business faces tough times.
• Growth can happen quickly, and sometimes this leads people to wrongly credit their ego for the success.
• When challenges arise, being stubborn and not open to learning new skills can hurt the company.
• It's important to stay humble and recognize that constant learning and adaptation are key to long-term success.
• Don't let a sense of self-importance prevent you from growing and acquiring new abilities that are essential for keeping the business going.

Video

How To Take Action

I would suggest keeping your feet on the ground, even when your business starts to take off. Always think, the growth might not be because of a big ego but rather despite it. When things go well, don't just pat yourself on the back and stop there. Keep learning!

A good way of doing this is staying open-minded. When your business faces tough times, don't be stubborn. Instead, look for new skills you can learn to help your business. This keeps you ready for any challenges.

Remind yourself to be humble. It's easy to think you know everything when your business is growing rapidly, but there's always more to learn. So, if you want long-term success, make learning a constant part of your life.

Another tip is to avoid thinking you're too important to learn new things. Your business will need different skills at different times. Don't let pride get in the way of acquiring the abilities you need to keep your business strong.

And if things get harder, don't cling to old ways. Adapt! Sometimes, you need to change how you do things to stay successful. Being flexible is a super important skill.

So, always be ready to pick up new knowledge and skills. It will help you and your business stay on top, no matter what comes your way. Remember, growing a business is a journey that never stops, so neither should your willingness to improve.

Quotes by Leila Hormozi

"a lot of people have an ego and their company grows really quick despite the fact that they have an ego not because they have an ego"

– Leila Hormozi

"they actually think that the company grew because of their sense of self-importance"

– Leila Hormozi

"then being an asshole becomes a problem because more skills and new skills are required to keep it going"

– Leila Hormozi

"they don't have them and they're not open to acquiring them"

– Leila Hormozi

"they think that they're already good enough"

– Leila Hormozi

Full Transcript

a lot of people have an ego and their company grows really quick despite the fact that they have an ego not because they have an ego they actually think that the company grew because of their sense of self-importance and then they don't want to stop acting that way I've seen that more than not in terms of when the opportunity starts to close and things start to get harder then being an becomes a problem because more skills and new skills are required to keep it going and they don't have them and they're not open to acquiring them because they think that they're already good enough