August 24, 2018

Next Level Leadership: Allowing Yourself to Be Leveraged

23 minutes

The conventional view of leverage is that we delegate the things we don’t want to do. However, this is a flaw that sets us up for disaster. How can we carry out leverage in a way that creates value in our organization for years to come? As we move up the entrepreneurial ladder what needs to shift about the way we look at leverage? On this episode, we go deep on a new way of looking at leverage and how it actually brings more value to us and the people we work with.

There’s something way more important than leveraging others, and that’s having others leverage you. -Greg Harrelson

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https://www.colerealtyresource.com/landing/realestatesalessolutions/

Takeaways + Tactics

We could leverage one person to do the things we don’t want to do, or we can be somebody that’s highly skilled and allow others to leverage us.

We shouldn’t swing the pendulum so far that we’re delegating too many things. At a certain point, we stop being valuable leaders.

If we focus on leveraging others, we care about ROI. If we’re focused on people leveraging us, we’re focused on ROT (return on time).

Allow people to observe what we are really good at. In turn, they will go higher in their own production, which gives you more profitability for longer.

If we think about trends like building teams, expansion, and scaling, leverage is very significant to these things. Yet, the way we leverage is very important. It’s supposed to be about multiplying our effect and impact, not just getting things off our plates. There are things we are really, really good at. We need to let people leverage those things from us. Let them shadow you, learn from you and leverage the skills, talents and mindsets you give them. That way you will create a chain of value and profitability that goes many levels deep in your business.

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By Greg Harrelson - Real Estate Broker, Entrepreneur & Coach

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