How to Lead Like the Top 1%
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Summary
Boss or Leader? What s the real difference between the two? In this episode, Dan Martell, the founder of Martell Ventures, shares the rules of leadership that took him from a boss to a leader worth following.
Transcript
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I'm Dan Martell, the founder of Martell Ventures,
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the rules of leadership that took me from a boss
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bosses criticize publicly praise in private leaders praise publicly and then any critical
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feedback is done in one-on-ones private in a closed room where there's a chance for it to
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breathe to explain to ask questions not off the cuff criticizing people in front of others it's
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funny because i had a buddy that was like trying to elevate his leadership style and i asked him
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like well how do you give feedback and how do you do it and i said whoa dude sounds like you're a
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seagull leadership. He goes, what's that? I said, you're the kind of guy that's never around. And
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when you show up, you swoop down and you shit all over everybody's work. And then you fly off to the
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next meeting. It's not a great way to make your team feel, especially if you only show up to
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on them. He changed that one strategy. Instead, he would swoop down and give praise to everybody
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doing the right thing. He'd write down all the stuff that people weren't doing right. And then
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have one-on-one conversations with them after the meeting it changes whole business stop making your
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team look bad and watch their performance go up praise in public correct in private rule number
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two lighthouse versus tugboat bosses drag people leaders shine the way when i got out of rehab as
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a teenager everybody said dan stick to your path don't try to fix other people that are still
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struggling with their addiction because you're only going to get met with resistance and that's
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what a tugboat is a tugboat wastes a lot of energy trying to bang into ships to try to get them
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steered in the right direction where a lighthouse just stands there and it could help one two or a
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hundred ships and it takes nothing from them as a leader you want to be a lighthouse the worst
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example of this was a guy one time that came to me he says hey man yo my teams they don't listen
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to me and i looked at him and i'm like bro look at yourself you don't listen to what you say for
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your health you're not organized you look disheveled i mean the guy pretty much looked
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homeless you don't listen to you that is the problem you gotta get in shape if you want your
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friends to get in shape you have to be the example not the savior be the lighthouse not the tugboat
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rule number three train don't tell bosses tell people what to do leaders train people on what
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to do telling informs somebody but training transforms them if you expect something from
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somebody i need you to teach it with a standard operating procedure work with them to have reps
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you're always gonna be disappointed with your team.
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You can jump on a Zoom call, share your screen,
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and ask it to create the standard operating procedure.
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If you haven't trained them, you can't blame them.
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Rule number four, delegate the outcome, not the task.
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They're like in the thing, but they don't own it.
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It's kind of like a renter versus an owner in a home.
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you don't really think about like the maintenance
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you're gonna treat it like it's your own because it is.
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And that's a massive difference between bosses and leaders
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In my 20s, I had a business and I used to wake up every day
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and I would go around and I'd give everybody their task.
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because I never had time to do the work myself.
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I changed it from being task-focused to outcome-focused.
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All of a sudden, I wasn't getting involved in the weeds.
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You could tell somebody, hey, send five emails.
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hoping to generate some leads or you could say generate 10 leads by friday using the channel of
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your choice if they choose email cool i don't care how they do it i just need those 10 leads by
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friday you have to give them what i call the definition of done you have to describe what
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done looks like which includes the problem you're trying to solve so that they can go did this solve
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that problem that means it's done ownership requires a finish line not micromanage steps
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leaders delegate outcomes not tasks rule number five default to trust bosses withhold trust
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leaders default to it trust speeds everything up i always start with access i back it up with audits
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and reviews but i don't hold back because that's what bosses do leaders say i hired you for a
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reason it's time to let you cook i remember one time i was talking to my friend rachel she has a
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design agency and she was like resisting letting her inbox go until she realized that trust with
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and get in your inbox and start sending emails to everybody.
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Give them some structure, monitor what's being sent.
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to all the systems that they need to get going?
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service level agreements on what expectations are,
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maybe a dashboard so that they have an understanding
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so that if there's any other issues, it gets flagged
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so that you can sit down with them and coach them up.
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Default to trust, but the key is to inspect what you expect.
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It's not abdication, it's involvement without holding back.
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True leaders default to trust, they don't withhold it.
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Rule number six, take the bullet for your team.
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The language shifts from they messed up to we messed up.
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The other day, a video got made and there was an issue.
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Somebody on my team lost a bunch of footage, my fault.
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and they're gonna push forward no matter what happens.
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Rule number seven, design the game so people can win.
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How can I be frustrated with a team playing a game
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that I wasn't clear about how to play, how to win,
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One of my editors, Nick, who at the time was 19,
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One of his dream cars was the Ferrari Peace stuff.
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And I said, anybody that gets a million view video,
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150,000 views, I will lend you my car for the day.
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Nick comes out of nowhere, edits this masterpiece,
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watching a 19 year old roll out of my front yard
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with clear success criteria in weekly reporting.
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how frequent it is, what their expectations are.
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Bosses hold people accountable to invisible scorecards
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Training and coaching plus unblocking every week
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Bosses only show up to help you when shit's on fire.
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They become fire preventers, not firefighters.
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never talked to anybody about like doing things better.
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And then I'd wonder why my business didn't grow.
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is my whole team is having that if I help them unblock it,
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Rule number nine, implement sensors for decisions.
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A sensor is something that will catch an output or an activity before it becomes fatal.
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A sensor in business is a survey to a customer, is some kind of report from your CRM solution,
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some kind of financial analysis, but essentially it's proactively asking,
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how is this person or department doing so I can get a feedback loop and get proactive, not reactive.
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A simple example of this is I get a daily cash report
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and you're already the first month into the quarter,
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Great leaders know how to design great sensors.
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And by the way, if you want my CEO scorecard template
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that I use the exact one to track all the key metrics
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just click the first link below in the description
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Bosses speak loosely. Leaders speak with intentionality. Language is leadership
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infrastructure. Your team will echo what you repeat to them. And if you use a lot of words
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off the cuff and you're inconsistent, they won't be able to echo anything because nothing's
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memorable. It's like when I hear my team repeat phrases like default to trust or outcomes over
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effort. That's when I know culture is scaling. The whole point is you use language to program
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the culture within your teams that's what a leader does a boss has no idea there's no intentionality
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and they just work off the cuff a great way to think about this is how do you codify maybe five
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culture phrases and repeat them over and over and over again until your team starts saying them
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without you and here's the big one if you don't give a story for your team to tell they will make
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up their own and usually it's less interesting negative full of self-doubt because they don't
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have a brighter star to focus on words matter rule number 11 your energy sets your frequency
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bosses who they spread chaos leaders set the tone leaders provide clarity it's kind of like
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your team will adopt your leadership nervous system if you're a chaotic leader always coming
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in after an event or reading a book and be like oh we're changing this we're changing that and this
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is up and i'm gonna fix that blah blah blah and you're just like mr chaotic be zero surprise if
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I remember one time I was working with this leader
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and I noticed every Monday he had like this chaotic approach
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And I was just like, you do realize that your energy
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Write down exactly how you wanna show up for your team
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And then ask yourself, did I show up that way for my team?
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that impacts everybody that comes in contact with it,
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Your energy as a leader sets the frequency of your team.
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If I tell somebody what to do, I don't have them learning.
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Sounds so subtle, but it will be one of the most
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I would ask them, how do you interact in your meetings?
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and everybody's like, oh, that's what they think.
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I want you to step back and ask, hey, what do you think?
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And I've watched him sit in a room on his podcast
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and be surrounded by people that he completely disagrees with
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but still has enough foresight to sit back and go,
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I'm just curious, what do you think about this?
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and then he gets all their opinions and then using that he can take it and he can kind of
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shape his answer instead of going there first he uses their feedback to shape it to get them on
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board with his strategy it's brilliant to watch that's what true leaders do when my client changed
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his approach by asking other people what they thought it changed his whole autonomy in his
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business everybody started taking action on their own because he empowered them to think for example
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in my life if somebody comes to me with a problem i always ask them what their one three one is
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Two is the three options that they consider to solve it.
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And the third is what's their one recommendation.
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is there's probably one of these that you went,
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because I know that if you can work on that one
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over the next 30 days and really make it a priority
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and then you come back and you watch this again
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will change your approach to leadership like nothing else
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but it requires a commitment and a 30-day focused effort.