The 4 Things Leaders Can't Delegate
Listen now
Description
‘Do the right thing, say what needs to be said, step up and genuinely show that you care’  In this episode, Nick explains in-depth the 4 things you must own and cannot delegate in your business.  As the CEO and leader, it's vital that you are clear about your role and these 4 performance drivers are not only vital to your business, they are aspects of your culture.  Even if you have a team alongside you on your journey to scaling up there are things in this podcast that will make you think differently. This episode brings great value and is a must wherever you are on your journey to scale up.     KEY TAKEAWAYS  There are 4 drivers of performance that will be important to your business throughout its journey from start-up to scale up.  These are 4 things that cannot be delegated in your business. As a leader, CEO or founder you must be responsible.  Strategy and obstacle  Your strategy is the decisions you make about how you are going to get to where you want to be, the choices you make.  The obstacle is the thing that’s going to get in the way, as a CEO and founder you have to be very clear about what the obstacle is  Prioritisation  When you are working in 90-day blocks you can work with more intention and focus.  You are building the machine that will overcome the obstacle, its allocating resources to overcome the obstacle to get you to where you want to be.  It doesn’t mean all structure with no innovation or creativity, In scale up it’s how you prioritise the allocation of resources.  The ‘who’  If you are trying to overcome an obstacle and get to somewhere, you are looking for the attributes and skills to achieve tasks and deliver outcomes that can be measured against business growth.  If you want to get to where you want to be quickly then you need ‘A’ players on your team,  An ‘A’ player has a focus on delivering outcomes.  Culture  In the beginning, it’s about energy, setting a leadership position and the vision  It’s about candour and being clear about what you say to people.  Process, infrastructure and measurement are all created within the context of people and culture.  A positive culture cannot exist where there is a;  Absence of trust  Fear of conflict  Lack of commitment  Avoidance of accountability  Inner tension to results  You’ve got to act with authenticity and your own level of integrity.  Do the right thing, say what needs to be said, step up and genuinely show that you care.     BEST MOMENTS  ‘Opportunity without structure is chaos and in many cases the price for entrepreneurial success is structure’  ‘If they are 100% focused on all areas of their life then they are going to be good in key roles because they will bring their attitude into the business’  ‘I will never hire a brilliant technical person if their attitude doesn’t fit with the company culture’    VALUABLE RESOURCES  Scale Up Your Business Podcast  Rich Dad Poor Dad book by Robert Kiyosaki  The Road Less Stupid book by Keith J Cunningham     ABOUT THE HOST  My name is Nick Bradley. I’m an entrepreneur, author, speaker and investor.  My background is in growing and scaling VC and Private Equity backed businesses.  Having successfully built, bought and sold a number of companies, and removed myself from day-to-day operations, my focus now is on helping entrepreneurs get to where they want to be, in business and in life. As well as investing in growth businesses and backing turnarounds - with the ultimate aim of creating value from significant capital events.  I’m passionate about personal and professional development - showing up and being the best version of myself ... every day.  My bigger vision is to help bring entrepreneurial skills, experience and mindset to people in developing nations - so they can
More Episodes
Published 03/28/24
Nick discusses the key steps to prepare for a high-value exit of a business. He breaks down the process into three stages: trengthening the foundations of the business, scaling the value of the company, and being smart when you decide to sell. Nick emphasises the importance of transitioning from...
Published 03/28/24
Nick is joined by Callum Laing, who shares insights from his experience in setting up boards for successful exits and emphasises the importance of having a diverse and effective board in place. They discuss the value of advisory boards, the journey to becoming a board member, and the steps...
Published 03/14/24