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Joe Lonsdale
4:0411/26/24
Business🔹Investing

$100B+ Founder’s 4 Steps To Scale Your Business

11/26/24
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English

Founders can enhance their skills and company growth by following four steps: acknowledging skill gaps, committing to improvement in specific areas, identifying role models, and engaging in observation and feedback loops. The speaker emphasizes the importance of public commitment, learning from the best, and active participation in the learning process for driving personal and organizational growth.

Identify & Acknowledge Skill Gaps

00:00:05 Begin by honestly assessing your skillset and identifying areas where you lack proficiency. Founders often have blind spots, so seek feedback through methods like 360-degree reviews to gain a realistic perspective. Acknowledging these gaps is crucial for addressing weaknesses and promoting growth for the company.

Shadowing & Feedback Loops

00:02:02 Shadowing leaders in fields where you want to improve can be valuable for gaining insights into best practices. It is important to select leaders who exemplify the highest standards for learning. Observing these leaders in action and allowing them to observe your work creates a feedback loop, enabling constant learning and adjustment in your skillset.