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cover of episode 144 How do you really know if you’re a good leader? (Part 1)

144 How do you really know if you’re a good leader? (Part 1)

2024/9/6
logo of podcast Becoming An Elite Financial Advisor With Sten Morgan

Becoming An Elite Financial Advisor With Sten Morgan

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Shownotes Transcript

In this podcast episode, we dive into the intricacies of effective leadership. 

Key Takeaways:

Leadership Effectiveness:

Results Matter: Good leadership is about achieving results while ensuring team members find fulfillment in their roles.

Measuring Leadership:

Beyond Profitability: Great leaders maximize their team's potential, not just the bottom line.

Feedback Mechanisms: Input from team members is invaluable but should be balanced with actual results.

Team Dynamics:

Right People, Right Fit: Selecting the right team members and making tough decisions about personnel is key.

Self-Reporting Culture: Encourage openness about successes and failures to foster growth.

Setting Clear Expectations:

Clarity is King: Clear goals and expectations prevent confusion and misalignment.

Accuracy Over Speed: Prioritize doing tasks correctly, even if it takes longer initially.

Creating a Safe Environment:

Open Communication: Cultivate a culture where team members can express themselves without fear.

Celebrate Wins: Small gestures of appreciation can significantly boost team morale.

Self-Leadership:

Self-Care: Personal well-being is foundational to effective leadership.

Reflection and Accountability: Regular self-reflection and seeking feedback help avoid negative patterns.

Practical Tips:

Set Clear Benchmarks: Regularly ask your team about their understanding of success and how they measure it.

External Feedback: Consider third-party assessments for honest feedback on your leadership.

Personal Insights:

Self-Care Practices: Maintaining a healthy diet, regular exercise, and mental clarity are crucial.

Positive Mindset: View self-care and personal development as privileges that enhance your leadership.

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