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Marketing School - Digital Marketing and Online Marketing Tips

Apply Pressure or Feel It #2607

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Careers, Business, Marketing

4.61.3K Ratings

🗓️ 12 November 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

In episode #2607, We discuss the importance of applying pressure in business. They emphasize that leaders must push their teams to achieve results, or else they will feel the pressure themselves. They provide examples of different scenarios where pressure is necessary, such as venture-backed businesses needing to hit milestones and privately owned companies aiming for personal satisfaction. They also highlight the challenges of letting go of underperforming employees and the consequences of not applying pressure. Ultimately, they stress that pressure is essential for growth and success in any business. Don’t forget to help us grow by subscribing and liking on YouTube! Check out more of Eric’s content (Leveling UP YT) and Neil’s videos (Neil Patel YT) TIME-STAMPED SHOW NOTES: [00:00] Today’s topic: Apply Pressure or Feel It [00:05] Applying pressure is important in business and leadership roles. [01:30] Different businesses have different levels of pressure. [02:59] Pressure is necessary for personal satisfaction and growth. [03:31] Dealing with tough situations and letting go of unfit employees. [04:35] Example of a business that stopped applying pressure and suffered. [05:03] No pressure, no diamond - results require pressure. [05:32] That’s it for today! Don’t forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more! Links Mentioned in Today’s Episode: The Hard Thing About Hard Things and Ben Horowitz Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us: Single Grain << Eric’s ad agency NP Digital << Neil’s ad agency X @neilpatel X @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

All right, so here is a quote for these, today's times.

0:04.4

You apply pressure or you feel it.

0:06.8

And this is from Ben Horowitz.

0:08.3

He's one of the co-founders of Adresen Horowitz,

0:10.8

which is a popular venture capital firm.

0:13.6

And he wrote a great book called The Hard Things about Hard Things.

0:17.1

And I think this is a quote that, again,

0:19.5

it applies for times like this right now

0:21.3

where the economy is not doing that great and could

0:23.9

potentially get worse. We hope it doesn't but you know we try to be practical

0:27.9

people here and by the way neither Neil and I are economists here but I think

0:32.3

this makes a lot of sense too because it's like you think

0:34.7

about running a company or you think about running a marketing team for example if you're

0:38.1

not the one that's applying pressure let's say your leader if you're not the one that's

0:41.3

pushing the pace pushing new initiatives or pushing people to hit their numbers, then ultimately what's going to happen is you being so accommodating to everyone else, what ends up happening is the pressure all comes back to you and you have to carry the load and it becomes an imbalance almost because you weren't you weren't willing to apply the pressure necessary to hit the results that you want to hit, right?

1:05.0

And I actually, Neil, so before you go, I think you're actually a good example of this because it's not like you try to hurt anyone's feelings at the end of the day, you're just a very direct person, right?

1:14.2

And it's like you do what's necessary.

1:17.4

So what Ben's pretty much saying is apply pressure to your team to get things done or what you to achieve what you need want to achieve and need to

1:26.0

achieve or else you're going to feel the pain later on?

1:29.2

So 90% so it's yes you apply pressure to your team right in a kind way but if you don't apply pressure

1:36.4

You will be the one feeling the pressure right so imagine you're running a business if you're not applying any pressure

1:41.5

Everything's gonna come back to you.

...

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