this episode features
About this episode
Key Takeways
- Running a 4-person office is quite different than running a 40-person team, the key is having the right leadership for your team.
- Every new stage in your life requires a different version of you.
- Seek areas that need improvement and try to optimize those areas.
- Leadership is essential for practice growth, having one person running the whole show can lead to breakdowns.
- Leadership is bringing other people around you up and into ownership.
- Nothing will ever be perfect. Start and try, if it doesn’t work the first time then identify what that is and change it. If it does, then multiply those things that work great.
- The goal is to allow team members to think for themselves, with leadership’s guidance on best practices to get results.
- Writing down your vision and sharing it creates a snowball effect. Your whole team will be inspired and empowered.
- Any relationship that is transactional is not a good relationship.
- Raises should be based on contributions to the practice and producing results, not simply showing up and doing your job.
- Any practice’s greatest asset is its human capital.
- The first step in making sure everyone is aligned with the practice’s values is to define your vision and include the team in your goals. Have the team be a part of the decision-making process.
- Set goals and attach a metric to them. Make sure your team is motivated and ahead of the game to achieve those metrics.
- Drive your team to be hungry for knowledge and give them leeway to seek knowledge in many different forms.
- Is there one person already in your business that thinks and acts like a stakeholder? Help them develop their leadership skills.
- Mastermind with your team. Reward and recognize when the team is doing things right.
- Great leadership isn’t when the leader has all the answers, it’s when they recognize they need other people and their experiences for the greater benefit of the team.
Key References
