How Great Leaders CREATE ACTION and INSPIRE Those Around Them
Last updated: Jun 2, 2023
The video is about how great leaders create action and inspire those around them, and it discusses the importance of leading by example, having a clear goal, and establishing a culture within a team.
The video is about leadership and how great leaders can create action and inspire those around them. The speaker, Tom Bilyeu, shares his experience of leading a big team and how he was able to align distant people with the values of the company. He emphasizes the importance of leading by example, having a clear goal, and intoxicating people with certainty. He also talks about the importance of establishing a culture and holding people accountable to it. Overall, the video provides insights and tips on how to become a great leader.
Leadership is a skill that anyone can master.
Leading by example is crucial to achieving results.
Establishing a culture is important as a team grows.
Intoxicate people with certainty by having a clear goal and articulating it.
Creating a meritocracy and valuing identifying the right answer over being right is important.
Scaling leadership requires leading by example and creating an environment for honest feedback.
Expertise and meritocracy are important in co-creation.
Resilience and embracing criticism are important for growth.
Having a goal-oriented mindset is crucial for success.
Intoxicate people with certainty and work towards the goal like a bat out of hell.
Elevate those around you and make them part of the team.
Write down the culture and hold people accountable.
Leading by Example and Establishing Culture
Set the example for others to follow.
Get people to understand the culture and lead by example.
Intoxicate people with certainty and show them what it means to have a goal and go after it.
Live up to the standards of the culture.
Elevate people and lift them up instead of beating them down.
Creating a Meritocracy
Encourage high-level thinkers to challenge the notion.
Create an environment where people can speak to power and give honest feedback.
Value identifying the right answer over being right.
Allow people to say what they think and demand that they do so.
Ignore chirping and create space for the next great idea to come from someone obscure.
Having a Clear Goal
Have a real goal and actually try to accomplish something.
Value yourself by identifying the right answer and building towards the goal.
Get a lot of smart, hard-working people focused on the same goal.
Encourage people to say what they think and demand that they do so.
Create a culture where the best ideas rise up through the organization.
Scaling Leadership
Intoxicate people with certainty, lead by example, and make their life better by improving and making progress.
Set the example for others to follow and get people to understand the culture.
Elevate people and lift them up instead of beating them down.
Create an environment where people can speak to power and give honest feedback.
Value identifying the right answer over being right and create space for the next great idea to come from someone obscure.
Importance of Expertise and Meritocracy
Pay attention to ideas from someone who has had success in the area three or more times.
Respectfully reject ideas from someone with no experience in the area.
Co-create within the context of a meritocracy.
Don't worry about protecting everyone's feelings.
Recognize when you are the student and not the teacher.
Resilience and Embracing Criticism
Be comfortable with being wrong and failing.
Seek disconfirming evidence to find out if your idea is good or not.
Don't pursue yes men, pursue a team of rivals.
Celebrate differences in thinking and covet the friction it creates.
Don't eliminate friction by surrounding yourself with people who think like you.
Hardcore Rivalistic Co-Creation
Let ideas battle and don't want deference as the CEO.
Ask for people to criticize your ideas publicly and aggressively.
Set the tone for the team to embrace criticism and differences in thinking.
Obsess over the goal and be willing to play against teammates with everything you have.
Don't worry about being hugged or congratulated all the time.
Goal-Oriented Mindset
Have a clear goal and focus on achieving it.
Establish a culture within the team that serves the goal.
Value ideas that serve the goal and reject those that don't.
Be willing to learn and recognize when you are the student.
Don't worry about being right, worry about achieving the goal.
Leading by Example
Leaders should not see their team as a family, but as a team.
Leaders should set an example for their team to follow.
Leaders should be willing to work through their hardest problems with their team.
Leaders should teach their team how to overcome any impediment.
Leaders should establish a culture within their team.
Failing as a Leader
Failing is inevitable, even for great leaders.
Leaders should not run away from feeling like they failed their team.
Leaders should acknowledge their failure and learn from it.
There is no such thing as flawless leadership.
Leaders should be willing to get in the mix and learn from their failures.
Leading into the Unknown
Leaders should be willing to lead their team into the unknown.
Leaders should be willing to take risks and try hard things.
Leaders should be willing to fail and practice to get stronger.
Leaders should be capable of doing things other people cannot do.
Leaders should pursue their goals with sincerity and become capable of achieving them.
Owning Failure and Improving
Leaders should own their failures and tell their team how they plan to improve.
Leaders should be unafraid to lead and be out front.
Leaders should judge themselves by their sincere pursuit of their goals.
Leaders should be willing to fail people sometimes and learn from it.
Leaders should be on the front lines improving and people will follow them more when they see this.
Leading by Example and Establishing a Culture
Leadership is about having a clear goal and building skills to achieve it.
Leadership is not about perfection, but progress.
Leaders should own their opinions and speak up or get out.
Leaders should have open communication with their team and help them adjust.
Leaders should outperform or leave the company if dealing with a toxic leader.
Dealing with Bad Leadership
Dealing with bad leadership depends on where you are in the hierarchy.
As a CEO, it's easy to address bad leadership by explaining what needs to improve.
If reporting to a toxic leader, outperform them or leave the company.
If dealing with a leader displaying bad leadership, have an open conversation with them.
Give them a chance to improve based on improved understanding.
Direct and Open Communication
Direct and open communication is the first place to start when dealing with bad leadership.
Give simple, clear language about what you need and what you're not getting.
It's important to avoid being cruel or punitive.
It might be worthwhile to get one of their peers to come into the meeting to mediate the disagreement.
At Impact Theory, they encourage direct communication and avoid suffering in silence.
Finding a Solution through Communication
Open and honest communication is the path to finding a solution.
Direct, open, and honest communication should be done in a way that is protective.
Work together to find a solution, not just a punishment for bad leadership.
There are amazing people out there that are extraordinary leaders, and there are companies with incredible culture.
Look for a solution and be willing to communicate to find it.
Constructing a Joyful Life
Being a leader is not better than something else, it's about the life you want to lead.
Construct a life that is built around your goals and is joyful.
Managing your neurochemistry is important for a joyful life.
It's okay if you don't want to be responsible for other people.
Don't judge yourself on being a leader or not, just make sure you respect yourself.
Challenges of Being a Leader
Slowing down to make sure everyone is with you can be challenging.
Remembering that not everyone is as obsessed with the goal as you are.
Communicating with the team and making sure they feel respected and elevated is important.
Forgetting to manage the humans with insecurities and desires can be a struggle.
Understanding where you struggle and what you want is critical.
Leading from the Front
Leadership is about progress, not perfection.
Leading from the front and infecting others with certainty and culture is important.
Recognizing that you don't have all the right answers is part of leadership.
Elevating other people and seeking disconfirming evidence is part of leadership.
Admitting when you're wrong and listening to other voices is important.
Conclusion
Leadership is about leading by example and establishing a culture within a team.
Having a clear goal and elevating other people is important for leadership.
Building the skill set of leadership is not necessary if it doesn't align with your goals.
Construct a life that fills you with joy and respect yourself.
Leadership as a Skill
Leadership is a process and a skill that can be acquired through time and energy.
Great leaders lead by example and inspire those around them.
Having a clear goal is important in establishing a culture within a team.
Leadership is not always about being in charge, but about taking responsibility and making a positive impact.
Investing in oneself and learning the first principles of business is crucial for growth and success.
Impact Theory's Business Decision Making Workshop offers strategies for successful entrepreneurship and promises to deliver 10x the value of what is paid for it.