85: From Solo to CEO - 7 Leadership Skills that Matter

Episode 85: From Solo to CEO - 7 Leadership Skills that Matter

"In today's episode, I delve into my own transformative journey into leadership and share the obstacles I've faced and conquered along the way. I also break down the seven key attributes that, in my experience, truly define what makes a great leader. Tune in for an intimate look at my leadership evolution and gain actionable insights to elevate your own leadership skills!

Discussed in this episode:

• The challenge of stepping into a leadership role and the questions it raises
• Seven critical traits that define great leadership
• Practical examples and personal experiences in developing leadership skills
• A brief discussion on books that can aid in your leadership journey
• A unique approach to performance bonuses, feedback, and recognizing team efforts

Detailed Show Notes

In this episode, we dive deep into the concept of leadership, particularly in a growing business setting. The episode was sparked by a compelling question raised by my mastermind group about the evolution of leadership styles and responsibilities. Here are the key takeaways:

1. Decision Making: Leadership requires making decisions confidently and quickly. However, there's a balance to maintain. Being decisive but also flexible is crucial.

2. Casting a Vision: Clearly articulating your vision is essential to get your team aligned with your mission. Assumptions can be dangerous; it's up to you as a leader to share your vision explicitly.

3. Transparency: Keep your team in the loop with both the good and the bad. This transparency fosters trust within the team.

4. Shared Goals: Quarterly meetings with each team member to discuss their goals ensure everyone is moving in the same direction. This practice is tied to performance bonuses and promotes a cohesive team.

5. Culture of Feedback: Cultivate an environment where feedback is encouraged and acted upon. Inspired by Dan Martel's book "Buy Back Your Time," the host discusses the importance of both giving and receiving feedback.

6. Recognition: Take time to appreciate the efforts of your team members. The host talks about implementing 'teammate of the week' and other such practices to highlight and celebrate team achievements.

7. Ownership: Leaders should own up to their mistakes and also entrust team members with ownership of various responsibilities. The levels of delegation, inspired by Michael Hyatt, allow for varied degrees of ownership based on trust and proven ability.

8. Taking Care of Your Team: Flexibility, time off, a learning budget, and continued education are all essential parts of looking after your team members as whole individuals. For more on this, the host refers listeners to episode number 71, which focuses on Team Bonnie's perks and benefits.

I also tease an upcoming project that empowers team members by granting them complete ownership. The episode also ends with some recommendations for books that have helped me in my leadership journey.

• Lead Like It Matters by Craig Groeschel 
• Extreme Ownership by Jocko Willink
• Dare to Lead by Brene Brown
• Buy Back Your Time by Dan Martell

For a deep dive into these critical aspects of leadership, tune in to this insightful episode!

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Review of the week:

THANK YOU!

This fees like I’m being mentored into my next season of business!

This podcast is more valuable to me than many of the online courses I have paid good money for. I’m ten years into my creative business and things are going really well, but I have some barriers that I needed broken down. With Bonnie sharing such a generous look into her business, her ethos behind why she does what she does, and so many actionable steps, I feel like I am being mentored in how to step into this next season for my business. I am truly grateful and feel so aligned with how she leads her company. Thank you for helping to set a vision for me, Bonnie. I can’t tell you how much this podcast means to me right now.

—gardenfieldfollies

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