Episode 295: 10 Strategies To Develop Leaders
Episode Stats
Words per Minute
217.96999
Summary
In this episode, Patrick explains the difference between responders and initiators, how to develop leaders, and how to attract leaders to your team. He also talks about the importance of energy and stamina, and why it's important to have them in your life.
Transcript
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I'm Patrick Bedeby, host of IITEMIN, and today we're going to talk about 10 strategies to
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This is a big one for me, and I'm going to explain it to you.
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The difference between responders and initiators.
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If you don't do this, you're going to get fired.
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The greatest leaders, presidents, billionaires are all responders.
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When I see somebody initiate, for example, going in there and talking to a couple of our
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teammates, and I'll say, here's what I like to see us do.
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And one of our guys takes the initiative because I said something, and they come back with 50
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That is an initiative they took that wasn't part of me necessarily wanting them to take
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Anybody I find that's an initiator, I like people like that on the team.
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Number one, look for initiators who also respond.
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Responders don't necessarily initiate, but initiators absolutely respond as well.
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When it comes to energy, there's two different things of energy to me.
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Look at the people at the office that they go to lunch with.
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Look at the people at the office they hang out with.
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Look at the people at the office they associate themselves with the most.
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Look at the people that they typically hang out with the most.
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Why is it that this person is hanging out with people above them?
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Why is it that this person typically befriends people way ahead of them?
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Or why is it that this person befriends people only below them that's not on their team?
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The other person's always trying to catch up and go up until they always want to associate with people above them.
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Another thing I look at with aura is who they typically attract.
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Every time this guy's there, the biggest performers are always around them.
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I told a story earlier to somebody about Mario.
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When I knew Mario was somebody I wanted to lock onto when he was 18, 19 years old.
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I only have three or four employees at that time.
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And for the event, we're trying to make a video.
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Literally a day away from going to Palm Springs for putting this event together for like 300 people.
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And that night, we stayed at the office till 4.30 in the morning.
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For us in 2006, this was an epic video we created.
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And I was impressed with him because I learned about his stamina's endurance.
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People who can last and have stamina and they have the long endurance.
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When bad things happen or a project, we got to go a little bit longer.
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I don't know if it's getting late, all this other stuff.
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They'll be able to hang in there and go long term.
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I can listen to a person's language and you'll typically be able to pick up a lot.
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This is a multi six figure year position that I'm looking at.
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And as I'm talking to one of them, he made a comment two or three times that was way too
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I said, man, this is like, you are, this is just way too much.
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Because the position I was going to give him, you know, if I'm putting an event together
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So this is going to be influence over 7,500 people at a live event.
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And listen to them like, you know, I don't know about that language.
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That language stemmed too much insecurities, too much fears.
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And I needed somebody for this position to be confident because he or she has to impose
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So the language you speak, we'll say a lot about insecurities, fears, self confidence,
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The language would also tell me if there's person's a leader or they're a victim.
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Well, you probably would never do this with me.
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You know, one time I went and met with a talent agent in Hollywood.
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And she said, listen, here's what Hollywood likes.
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They want you to go in knowing this is my position.
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I'm going to do this role better than anybody else.
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If you like me, you don't like me, that's on you.
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They want you to go in, not cocky, but they want you to go in confident knowing this is
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The other day I was in San Antonio and I'm speaking.
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He walks across the stage and he comes right past me.
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Our families know each other, et cetera, et cetera.
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When I said parents, his body was like shocked.
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He said, I kind of knew you were going to ask that question, but that's kind of, you know,
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And I don't have the best relationship with my dad.
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Because one person you have to prove wrong, that I can do something big, and one person
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Sometimes when it's both, the kid doesn't have anybody to prove wrong.
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So you've got to find an ex, or a friend, or a teacher, or a coach, or somebody that said,
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I don't believe you're worth anything, or you can do anything big with your life, right?
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I want somebody that didn't believe, and one that did believe.
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But, if it's both that didn't believe, we have a problem.
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If a person has both mom and dad, that are very discouraging, they think small about the person,
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you can't do anything, all that other stuff, this person has to have so much willpower to
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You see a lot of people say, well my mom and dad love me, and they believe in me.
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But you see people that don't have both, you need somebody.
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So I look in that conversation, you'll hear me say a lot, tell me about your parents,
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your relationship with mom and dad, who are you closer to?
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You give me somebody that's very confident, we can take over the world together.
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Attitude to me is, believing things are possible.
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For instance, guys, I want us to go out there and try to do something like this.
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Listen, I'm just telling you, this is what I want to do.
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Just the timing, and we have to travel in the great white sharks.
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No, I want somebody to say, let me search it, best places to swim with great white sharks.
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Hey, I want to be able to go flying, go 100 miles an hour in air with those jet type of things.
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No, I want to figure out a way to make it work.
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Attitude is so attractive to me, because I know if I lock onto somebody with positive attitude,
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everybody else says, why is this guy working with this person?
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Then they have to also make the adjustment and respond to this person's attitude, because
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The initiator improves everybody else around them.
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I know your level of curiosity about the questions you ask me.
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Mentoring call with about 12 people in the company, and you have to qualify to be a part
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And we'll go an hour and a half, and I'm processing issues with them, with the top
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12 people that are coming up, or the top earners, whatever it is.
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And it was this conference call that wasn't the number one tier conference call.
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And these people that are tier two, tier three leaders that were on the call, and the entire
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time for an hour and a half, the only people that asked questions were pretty much the top
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And then three of the lower guys were asking questions.
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I said, what the hell are you guys doing on this conference call?
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What's your purpose of being on this conference call?
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You're waiting for other people to ask questions, and then hopefully they ask the question that's
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But if nobody asked that question for you, you got on a conference call.
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That's only a once a month conference call that you qualified for.
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And on this conference call, you didn't ask any questions.
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You don't get on a conference call like this and everybody else asks the questions.
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Let somebody else stop you and say, that's enough questions for you.
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You don't get on a conference call and let somebody else control it.
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The people that ask the questions are either the fastest growing earners in the company,
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And the leaders that didn't, they had a one spike or two spike.
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And then afterwards, we're going to see how these people are going to respond to it.
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But the purpose is, I know who you are based on the questions you ask me.
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If we sit around each other, you're not asking questions.
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Wasn't it like everybody is one question away from changing their lives?
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Francis Bacon, research without being told how to research.
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I like people who are so curious that they go research.
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And I research, and I gather info, and I come back with a two-pager.
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We just got off a conference call right now with a guy from Netherlands who called in.
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Michael, if you're watching it, we literally got off the phone with you 50 minutes ago.
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Michael's like, Pat, let me tell you, man, I can't believe I'm on the phone with you.
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Michael sent a multi-multi-page report to Mario about what to do for the vault conference to be better or to be incredible.
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Now, I don't know what his research is based on, but he sent it.
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I tell you, I don't know any billionaire that's not good at researching stuff.
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All the billionaires I know, they ask tough questions, and they find the answers.
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So people I lock onto, leaders, are people that ask the right questions and are constantly curious.
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There's a reason why you hear me in interviews.
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This is a question I've been asking for 20 years.
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In high school, I know who I was in high school.
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And I know when I ask somebody else who they were in high school, I kind of learn about them.
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Okay, how did you like that, the fact that he was tough on you?
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So, did you ever have a problem with your coach?
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This person follows instructions probably well, right, because they're coachable.
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But the upbringing will tell me a lot of different things that I can figure out what is probably
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And because he was so tough on me, every time he was tough on me, like I had a conversation
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And she told me, she says, I had a soccer coach.
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This person was so tough on me, and when they would be tough on me, they would shut down.
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So, it's a little bit more of walking on eggshells, because if you challenge this person a little
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So, you have to be very careful how you're speaking with this person.
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Maybe I'm not necessarily going to get the best out of this person here, because if you
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are challenging to do something big, they're not necessarily going to take initiative.
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They're going to wait, because they're more responders, right?
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But those conversations tell you a lot about who you're working with.
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This is a very tough thing for a lot of people.
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You know, sometimes you get feedback, and it depends what department.
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Some departments, you ought to be very careful you're giving criticism with, because maybe
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Whatever it is, if I'm developing somebody to be a leader amongst the group, or to be a
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face, or to be somebody that I'm going to get them to maybe be an equity owner with
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a company or a position that's going to be an elite position, with a lot of upside, a
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lot of income, a lot of future potential profit sharing, whatever it may be.
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I am looking at if this person can take criticism from me when I'm giving them direction.
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If they can, this means every time we have a hiccup, it's not going to go back down because
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We have a hiccup, feedback given, and then boom.
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We have a hiccup, feedback given, and then boom.
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We have a hiccup, feedback given, and then boom, right?
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And if they're willing to take it, they're probably also going to give it.
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Hey, Pat, you know what I was thinking about the other day?
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I don't know if the system we have here is the most efficient system.
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You know the way we do it right now when we have the products that come in and we sell
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And the reason why you're giving us criticism, I'm the CEO.
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If you're giving criticism, I'm the guy at the top.
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I can give you criticism, but you're also giving constructive criticism back.
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And there's a magic on how you do it, but both ways.
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I'm talking about something that's going to help the company grow faster and become bigger
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Number nine is taking direction and being coachable.
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Listen, we announced a bonus a couple weeks ago.
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It's a $1 million bonus, a $3 million bonus, and a $6 million cash bonus.
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Do you know who are the people that are on track to getting the highest bonus, the $6 million cash bonus?
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It's the most coachable executives in the company.
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Coachability from a proven mentor speeds growth.
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If you're not being coachable and you question everything, you're not increasing speed.
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Tex Winner, who was a coach that came up with the triangle offense that Phil Jackson took, and he won six championships with Chicago Bulls and five with the Lakers.
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One time they asked Tex, they said, Tex, who is the one player that knows the game the most?
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He says, oh my gosh, there's one player I coached.
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He knew so much about basketball, he couldn't teach this guy anything.
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Everything we ever told him, he said he knows it and he did it his own way.
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Guy came out, was supposed to be a star, ended up playing in China, Puerto Rico, all over the place because he couldn't make it in the NBA because no coach wanted a guy like that on his team.
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Because he questions every single thing, so he had to leave.
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On somebody the coach, the CEO, the executive wants to lock onto, you need somebody to be able to take direction very well.
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Everything I said sounds good, but if the last one's not in place, nothing matters.
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And by the way, character isn't just you going to church on Sunday and I read the Bible, I have character.
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I go to service, whatever I do, synagogue, anywhere I go.
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Character to me is your discipline with your finances.
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Character to me is how you treat people around you.
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Character to me is knowing when you say you're going to do something, you come through with it.
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Character to me is you being able to be trusted with secret information that nobody else needs to know about.
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You may be the smartest person in the world, but if I give you data that I don't want you to tell anybody,
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I don't even want you to tell your wife about it or your husband about it.
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When I find somebody who has that and they have these qualities, we can take over the world together.
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And by the way, if I wish I could have video to show you how many times I've screwed up in this area.
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Lost money, lost time, business partners, so many different mistakes.
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So many of them because I didn't fully look at these kinds of formulas.
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I never looked up and said, what are the ten traits, Patrick, you look for when working with people.
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Once we looked at this, I brought it in, it increased the probability of the results I got with the individual
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because my intuition on who I worked with became better and better and better.
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This is something you can get better at when you look at this.
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You can create your own ten to be working with, but these are mine.
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And by the way, if you haven't already subscribed to Valuetainment on iTunes, please do so.
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And if you have any questions for me that you may have, you can always find me on Snapchat, Instagram, Facebook, or YouTube.
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And I actually do respond back when you snap me or send me a message on Instagram.