Investing in People: 11 Expensive Lessons About Leadership
This blog post looks at the importance of investing in people rather than companies. It shares 11 expensive lessons about leadership, such as how people join leaders and how bad leadership can lead to a lack of good employees.
Codie Sanchez
Investing millions in boring businesses & sharing what I learn. On a mission to create 1M financially free humans | My bio, not my tombstone, I hope it changes
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You don't invest in companies.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
You invest in people.
11 expensive lessons about leadership: -
If a business is failing:
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
Look to the leader.
It always starts at the top. -
Every investment of mine that was a winner was because of the leader.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
And every investment that was a loser was because of the leader. -
If you can't find any "good" employees...
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
You're probably a bad leader.
People join leaders, people leave micro-managers. -
Be willing to clean the bathroom sink.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
How you do anything is how you do everything. -
Your most expensive mistake will not be an action taken, it will be a human chosen.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023 -
You don't need advice, you need to finish your to-do list.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023 -
Entrepreneurship is:
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
Quitting 1 job, to take on 21 jobs. -
Your #1 priority as CEO is to fire yourself from as many roles as possible.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023 -
You do not do 10 "board" positions simultaneously and well.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
Go all in, or hire someone who can. -
99% of your job is repeating yourself:
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
• Check for understanding
• Infect your people with your vision -
My dad never used the words Entrepreneur, Founder, or Owner.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
He always said he "sold marble and granite." -
Titles feel cool. But humility and competence are always more important.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
Follow @Codie_Sanchez for more harsh truths and business lessons.
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