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Build with Leila Hormozi

4 Imperative Skills for New Leaders or Managers | Ep 219

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5867 Ratings

🗓️ 18 December 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

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Transcript

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0:00.0

What's up guys, welcome back to build.

0:01.8

And today I want to talk about four skills that are imperative to succeed as a new leader.

0:08.6

So when I say new leader, this means it could either be your leader of your own business or you're a leader of another person's business.

0:15.1

You know, it really is applicable both ways.

0:17.0

And the reason that this is top of mind for me and actually I don't really even have a script for this

0:20.9

podcast. I'm just, it's been saying I've been sitting here thinking about between meetings and I really

0:25.3

wanted to kind of crystallize my thoughts since I thought it would be helpful. The reason I want to

0:28.9

talk about this is because I found myself this last two weeks. I put together quite a few development

0:34.1

plans for people on my team and And development plan is really like,

0:38.0

it's the things that I want somebody to work on, or I would suggest they work on to achieve

0:43.4

their goals. So if I know that somebody comes in and they're a operations manager and they want to

0:48.6

become a director of operations or a COO, what I essentially do is I look at all the skills that they

0:54.0

lack. And then typically what I do is I look at all the skills that they lack. And then typically

0:55.5

what I do is I put together three that I think are the, you know, 80-20, like these three skills will

1:01.1

get them 80% of the way. And then I write a document out with those three. And then with those three,

1:08.0

I say, what things would need to occur for me to know they have the

1:11.9

skill or what things I think they should change to get the skill. And then usually what I do is I say,

1:16.4

let's just focus on one until we've mastered it and then let's move on to the rest. Depending on

1:20.4

the person and how anxious or, you know, like what their tendency is, sometimes I give all of them

1:25.0

to them at once. Sometimes I don't. It really just depends on the person. But I found this to be something super helpful because if somebody comes to me

1:31.2

who doesn't report to me and says, hey, I really want to know where to improve, I don't want to

1:35.4

withhold information. And so what I do is I usually put together a document. I let their manager

...

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