Aug 21, 2019
Recently I was at an amazing event, ArchAngel, in Canada put on by my friend Giovanni Marsico. At the event, we were masterminding at tables, and Gio asked across the room what I thought about entrepreneurs leading by example. I responded by saying entrepreneurs should never lead by example. Disavow any thought of leading by example. It's one of the worst strategies we can use as an entrepreneur. As you can imagine, I had a lot of heads turn so I had to explain myself.
You don't want your team to do what you do. You want your team to do what they do. You want your team to achieve what they are expected of in their individual positions. You don't want them to show up and act like you. Leading by example is one of the biggest traps we can fall into because when we take on the mantle of leading by example, it makes you responsible for what's going on in the business. Not only does it make you solely responsible, but it's also just not enough. It's a good start but here's the problem. Far too many entrepreneurs look at that as "the speed of the boss is the speed of the team." Which really translates to, the speed with which you as the leader to offload and change your behavior is the speed at which your team will modify and grow.
Another reason why you don't want to lead by example is that you don't want a team of people like you. You can be an inspiration to your team as to what a leader looks like, but you don't want them to mimic everything you do. Can you imagine an entire group of people exactly like you? It would be a disaster. So you can be an example, but your team can't succeed just by looking at you as an example. Every member of your team needs clear outcomes, measurements for perspective, and clear accountability.
Don't ever fall into the trap of saying I lead by example. It's one of the most disempowering thought processes you can take on as an entrepreneur. You may inspire people by example and be an example of what someone in your co should look like, but you can't lead by example. You should lead by process, structure, and clarity that will give your team the ability to win. If you're ready to start leading your team through a process and become the CEO you know you should be, stop waiting and contact us today. Let us help go to billionairecode.com.
When you’re ready, here are a few ways my team and I can help scale your business:
1. Grab a free copy of my book: The Entrepreneurial Personality Type.
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5. Join one of our programs and work with me and my team.
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