Become an Effective Leader with These 3 Principles | Ep 163

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5 • 867 Ratings

🗓️ 22 July 2024

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

“In order to move forward, you must direct people into the future rather than resurrect the past.” Today, join Leila (@LeilaHormozi) as she guest speaks and talks about the three essential leadership principles: prioritizing immediate reinforcement over powerful but delayed feedback, differentiating constructive criticism from harmful insults, and focusing on future improvements rather than dwelling on past mistakes. She breaks down effective leadership into operational steps for creating an unshakable business culture and driving your team towards consistent growth.

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.

Timestamps:

(1:33) - Principle 1: Latency over intensity

(7:34) - Principle 2: Criticism vs. insults

(19:50) - Principle 3: Future focused feedback

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Transcript

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0:00.0	The question is this. Do you want to make your teammates feel bad or do you want them to get better?
0:06.5	This is a serious question. If you want somebody to feel bad, insult them. If you want them to get better, you critique them.
0:13.9	And actually, the two don't happen at the same time. So if you make somebody feel bad, you steal their energy away from getting better.
0:30.1	How do you create an unshakable business? I cross $100 million in net worth by the age of 28.
0:35.1	Now I'm growing acquisition.com into a billion dollar portfolio. In this podcast, I share the lessons I've learned in scaling big businesses and helping our portfolio
0:37.7	companies do the same.
0:39.3	Buckle up and let's build.
0:45.7	You know what I hate?
0:47.1	I hate when people go up and they're like, let me talk about leadership.
0:49.6	You need trust and loyal.
0:50.7	What the fuck does that mean?
0:52.2	You know what I mean?
0:52.7	Like, we need trust and loyalty.
0:54.4	We need people to be nice and positive. It's like, okay, that's great. And I agree with all of that.
0:59.1	But how do you do that on a tactical basis is what has frustrated me for years. And so my goal
1:03.9	is that I'm going to help you guys operationalize leadership. We're going to go over three
1:08.7	principles. These principles are going to be tactical.
1:11.7	I want you guys to be able to actually do this. Because leadership, people can say all they want.
1:17.2	You can say you're honest. You can say that you value people. You can say all these things.
1:21.6	If you do not exhibit the behaviors that support those things, it doesn't matter. And the issue is
1:26.2	actually not that a lot of people don't want to.
1:28.0	It's that they don't know how.
	...

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