CEO: Calling the shots - Business Bullsh*t Broken Down

Morning business owners!

First and foremost, welcome.

I hope you enjoy reading this as much as I enjoyed writing it.

I’ll be completely honest with you, so many business owners buy into misinformation, follow million pound company strategies (despite not having the funding to match), make poor decisions, ignore their mental state throughout the process and then wonder why their business isn’t growing.?

Tell me I’m not the only one who can see why this goes wrong?

It motivated me to start my newsletter. I’m going to break down business bullsh*t every week into bite size pieces, easy for you to read before your morning LinkedIn scroll, or on your morning commute. Whatever suits you.

Before I start, it would be rude to not include a self plug??

• Check out my free 7 day Startup Therapy Workshop App. Reinvent the way you work, improve your working relationship health and become a better leader https://www.humanestartup.com/app?
• Listen to my weekly podcast, I dive into startups, leadership, and unearthing stories from companies and business owners https://www.humanestartup.com/podcast?

Now, let’s jump into debunking the first of many pieces of business bullsh*t.

CEO: Calling the Shots

Many company owners, especially the ones I’ve come across, believe that as they’re the CEO, they can call all of the shots.?

Whilst in theory, it’s true, it shouldn’t be your best practice. It doesn’t demonstrate great leadership, it doesn’t factor in other opinions, and it certainly shouldn't be the way you run your business.

If you have employees, you hired them for a reason, to delegate and trust them with tasks they’re better at. It doesn’t help you or your business if you’re there telling them what to do and making rash decisions without discussion.?

If this sounds like you, then you likely need to work on your leadership and communication skills.?

Let’s take a look at some businesses that this didn’t work so well for. Remember Blockbuster??

The company is famous for not listening to its executives. Everyone said with the launch of Netflix they needed to pivot and make changes to keep up with modern technology.

The CEO, ‘calling the shots’ led them into $900 million of debt.?

Blockbuster even had the opportunity to purchase Netflix in the early days!

John Antioco is known as a business fool nowadays. Arrogance and failure to look within himself define his legacy.?

An inability to change and adapt can similarly kill your business.?

Forget all of the successes that you’ve had (Antioco had many), each circumstance is different, and to have a healthy and prosperous business, you need to be able to make sound decisions, whilst relying on your team to help.?

A strong team and leader would have seen Blockbuster through.

Antioco laughed the Netflix founders out of the meeting room. No research, no company discussion, nothing.

Netflix offered a disruptive innovation. One that comes from healthy leaders and minds. It’s obvious how they triumphed.?

Blockbuster: Poor management. Poor decision making.?

It’s the 2 consistent points I hear when businesses fail. And, I’ve seen it happen too many times.

2 things you should take away and think about:

1. Are you making poor decisions? Could you spend time healing your inner self and working on being a better leader?
2. Are you letting your own pride and bias stunt your business growth?

It’s one reason I’m very passionate about helping businesses and leaders heal their inner selves, and work with them to become better decision makers.?

That’s it for now, be sure to listen to my new podcast on Monday.

And, I look forward to being in your notifications next month.