The Four A's of Humility | Ep 148
Build with Leila Hormozi
Leila Hormozi
5 • 867 Ratings
🗓️ 10 June 2024
⏱️ 17 minutes
🧾️ Download transcript
Summary
“What does honesty mean to me? It means that you admit that you made a mistake.” Today, Leila (@LeilaHormozi) discusses the crucial role of humility in leadership, debunking misconceptions and highlighting its importance in accurate self-assessment. She focuses on the 'four A's of humility'—asking for feedback, acknowledging mistakes, asking for help, and actively listening—as key elements for personal growth and successful leadership.
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:
(1:00) - The humility spectrum
(3:34) - The four A's of humility
(6:43) - The importance of acknowledging mistakes
(9:52) - The skill of asking for help
(13:09) - Active listening: the key to effective communication
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Transcript
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| 0:00.0 | if we make a mistake and then we have no new behavior that occurs, then that means we didn't |
| 0:04.5 | learn. If you make a mistake and you take action on it, it means that you learned. And that is |
| 0:09.3 | what's most important. |
| 0:14.9 | How do you create an unshakable business? I cross $100 million in net worth by the age of 28. |
| 0:20.5 | Now I'm growing acquisition.com |
| 0:22.0 | into a billion dollar portfolio. In this podcast, I share the lessons I've learned in scaling |
| 0:25.9 | big businesses and helping our portfolio companies do the same. Buckle up and let's build. |
| 0:36.0 | Being insecure and uncertain of one's all. That is not humility. Only letting others speak and never |
| 0:41.9 | voicing your actual opinion. That is not humility. Constantly people pleasing. That is not humility. |
| 0:48.8 | Beating yourself up for your deficits and only focusing on the negative. Think about this too. If you beat yourself up, |
| 0:55.5 | you are literally becoming a victim of yourself. This is not humility either. Humility exists on a |
| 1:01.5 | spectrum. So on one side, what I just referred to, servility, which is overly attentive to one's |
| 1:06.8 | weaknesses and oblivious to their strengths. Now, I would say that a lot of really great leaders |
| 1:12.0 | start here. And because they are so oblivious, they try very hard. So I would actually always rather |
| 1:19.4 | overindex on that side of the spectrum than the opposite. So I'll just say, if you relate, |
| 1:23.7 | then I wouldn't say it's a bad thing. Now, on the other side, you have people who are overly attentive to their strengths and oblivious to their weaknesses. |
| 1:30.8 | In my opinion, this one is harder because you have to get someone to see where their deficits are, |
| 1:35.4 | which is like an extra step in the process. |
| 1:38.2 | But in the middle, we have where we'd like to get to, which is an accurate assessment of one's strength and weaknesses. |
| 1:45.4 | So that is where humility sits. It is just an accurate assessment of what your deficits are and what you're good at. |
| 1:51.2 | So I was having a conversation with one of our CEOs, and he was saying, he's like, you know, |
| 1:55.5 | I'm really struggling with the fact that I think that I know what we need to do in this situation, |
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