3 Ways to Quickly Implement Extreme Ownership Principles to Your Team

Have you ever wondered why some leaders are more effective than others? The extreme ownership principles taught by Jocko Willink and Leif Babin, both in their book and consulting firm, shine a light on the necessary traits of effective leaders. But how do you take battle-tested (literally) leadership principles and apply them to your business?

 

In this episode, I explore how extreme ownership applies to small business. I'll also explain 3 ways you can quickly implement extreme ownership principles in your team to supercharge your business.
 
This week on The Financially Simple Podcast:

 

• (2:02) What is Extreme Ownership?
• (4:52) Accepting Criticism and Deflecting Praise
• (7:17) Self Evaluation
• (7:59) Implementing Extreme Ownership in Your Team
• (10:44) No Bad Teams, Only Bad Leaders
• (11:56) Transforming Leaders
• (16:26) Cover and Move
• (20:09) Steps to Break Down Silos

 

Our Favorite Quotes:

 

"With great leadership, any team can succeed." — Justin Goodbread

 

"Allow your group leaders to lead. Micro-managing their efforts displays a lack of trust and is not conducive to successful operations." — Justin Goodbread

 

Get Your Copy:

Extreme Ownership: How U.S. Navy SEALs Lead and Win by Jocko Willink & Leif Babin
 
About The Financially Simple Podcast
 
If you are looking for a podcast that speaks directly to the challenges and puzzles of running a business, you’ve come to the right place. The Financially Simple podcast was built for you. With over 400 episodes and counting, our host Justin Goodbread covers a broad range of topics, from starting a small business, to prepping it for sale, to growing your personal wealth. Justin’s combination of analytical skills, tough love, and a healthy dose of experience delivers practical ideas that will benefit business builders at every stage of their business journey. 

 
If you have questions, or comments for Justin, submit those at: https://financiallysimple.com/ask-justin/
 
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Financially Simple is a division of WealthSource Partners, LLC (“WSP”), which offers investment advisory and financial planning services. All investing involves risk of loss, including the possible loss of principal. Past performance does not guarantee future results and nothing in this podcast should be construed as a guarantee of any specific outcome or profit. All market indices discussed are unmanaged, do not incur management fees, costs and expenses, and cannot be invested into directly. Business planning services offered by WealthSource Business Advisors, LLC (“WBA”).