How To Earn The Respect of Your Employees | Ep 38

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5 • 867 Ratings

🗓️ 18 May 2023

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

“Are they gaining respect for you, or are they losing respect for you?" Today, Leila (@LeilaHormozi) shares with us the importance of leaders understanding and treating their teams well in order to earn their respect. She also highlights the importance of coaching and holding management accountable for their actions.

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:

(1:46) - Lack of understanding of people and how they treat teams.

(3:17) - Not coaching someone before firing them causes team stress.

(6:32) - Over fire and discipline frontline, under fire and discipline management.

(10:06) - Coaching, firing, and hiring management should command respect.

(11:52) - Disrespecting yourself or your team harms your leadership and success.

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Transcript

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0:00.0	This is probably the root cause of a lot of issues that happen on a team. And it's all kind of
0:06.2	tied into one piece, which is that we're under-disciplined with ourselves.
0:15.1	How do you create an unshakable business? I cross $100 million in net worth by the age of 28.
0:20.7	Now I'm growing acquisition.com into a billion dollar portfolio.
0:23.4	In this podcast, I share the lessons I've learned in scaling big businesses and helping our portfolio companies do the same.
0:28.6	Buckle up and let's build.
0:34.6	Today, what I want to share is why so many people do not have the respect of their team.
0:40.0	And this is something that I experienced a ton where we were growing our businesses in the
0:45.0	very beginning.
0:46.2	And it's something that has been really top of mind for me for the last maybe, I want to say
0:50.4	week.
0:51.4	In the case of a lot of newer leaders I've been talking to and seeing where things are slipping through the cracks and why the reason is. And what I realize is the reason that a lot of the things aren't going well are a lot of the reasons that things aren't growing and things aren't feeling good and why the team isn't congealing. It's not because of team. It's not because of the people. It's because of the leader. Right. And I think we all know that, and I think that's a belief that most people
1:11.7	who are in business know that it ties back to them
1:13.7	in some way, shape, or form.
1:14.6	But I think that there's a common misunderstanding
1:18.4	of why that is.
1:19.4	I think that a lot of people think,
1:20.6	oh, maybe I'm not working hard enough.
1:22.1	I'm not setting enough for an example.
1:23.8	I'm not smart enough. It's all these things, right? I believe that one of the fundamental reasons
1:29.5	that people in leadership positions actually don't have the power that they desire and the influence
1:34.6	of their teams, it's not because of the lack of those things. It's the lack of understanding of people
	...

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