Jun 29, 2023

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.

LEADERSHIP INVESTING WORK

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

Member of Business & Startups

Member of Women Founders

You don't invest in companies.

You invest in people.

11 expensive lessons about leadership:
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
If a business is failing:

Look to the leader.

It always starts at the top.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
Every investment of mine that was a winner was because of the leader.

And every investment that was a loser was because of the leader.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
If you can't find any "good" employees...
You're probably a bad leader.

People join leaders, people leave micro-managers.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
Be willing to clean the bathroom sink.

How you do anything is how you do everything.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
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:

Quitting 1 job, to take on 21 jobs.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
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.

Go all in, or hire someone who can.
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
99% of your job is repeating yourself:
• Check for understanding
• Infect your people with your vision
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
My dad never used the words Entrepreneur, Founder, or Owner.

He always said he "sold marble and granite."
— Codie Sanchez (@Codie_Sanchez) June 29, 2023
Titles feel cool. But humility and competence are always more important.

Follow @Codie_Sanchez for more harsh truths and business lessons.

RT here if you want others to see it:https://t.co/OLYQ9tcjvV
— Codie Sanchez (@Codie_Sanchez) June 29, 2023