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Your Virtual Upline Podcast

246: When is the Right Time to Let a Leader Break Free?

Your Virtual Upline Podcast

Bob Heilig

Business, Careers, Education, Self-improvement

4.91.7K Ratings

🗓️ 16 July 2021

⏱️ 17 minutes

🧾️ Download transcript

Summary

A common struggle of leaders, especially those with a large team, is knowing when it's the right time to pass the baton to the emerging leaders on their team and let them run the race on their own.

This is crucial to know, because two things could happen that could impact their long term success and their businesses.

One is letting go of leaders way too early.

And as a result they struggle and get stuck in their business instead of becoming effective.

Another thing is holding people for too long.

We train, develop, and do for them for too long and we wind up actually stunting their development.

 In this Biz Tip Friday, I give you some important advice on when is the right time to let a leader go, and I'll also share the 3 phases to leadership development.

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Transcript

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0:00.0

Hey Bob here and welcome back to the your virtual upline podcast where we give network

0:12.4

marketers the mindset, strategies and skills that you need to build the business and life

0:18.8

of your dreams.

0:22.6

Hey Bob here, welcome back to this show, episode 246 today.

0:28.0

I want to help you from a leadership perspective.

0:30.9

This is going to be a really important episode for those of you that have a team and especially

0:35.7

those of you that have a little bit of a larger team, you've had a little bit more success

0:39.2

in your business and here's the question, when is the right time to let a leader go?

0:47.1

So when is the right time for you to take someone on your team that's having success that

0:51.8

has demonstrated leadership and commitment and desire, when's the right time to pass

0:58.0

that baton off to them and let them go run that race on their own?

1:03.9

I know this is an area where a lot of our students struggle.

1:06.9

They never really know what the right answer is either they're letting people go too early

1:11.7

and that person winds up struggling as a result of that and you get frustrated because

1:16.5

they started out having success but then all of a sudden they get stuck in hit a wall

1:20.6

or the other thing I see happening is people hold on way too long, right?

1:25.1

We coddle people, we enable them, we do for them too long and we wind up actually stunting

1:30.8

their development and growth either way, that's not serving you in your business, remember.

1:37.1

The thing that we're trying to help you with here as a listener of this show is build

1:41.1

a business that gives you total freedom and that means not just financial success but

1:46.8

also the time freedom to enjoy the success that you've created.

1:51.6

How about a business and a life that you love and here's what I'll tell you, those things

...

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