In this episode of the Million Dollar Mastermind podcast, Host Larry Weidel is joined by Joel Yi, CEO at Joel Yi LLC. Together, they delve into what it takes to lead and manage a sales team to get your desired results, the importance of taking responsibility for all actions, having a good relationship with your employees, and what the effects of bad leadership are to a business.
Key highlights include:
- For you to be a great leader, you need to take responsibility for your team's results. There are bound to be failures and successes from the team, and a good leader should know how to use these results to impact the wider morale. Joel agrees that the success of a business revolves around the ability of a leader to take responsibility at all times.
- Having a good relationship with your team is a fireproof way of improving a business. When your team members are scared of you because of poor relationships, they will be tempted to leave the business. Joel hampers on the importance of not being aggressive to your employees and being approachable in events where they might need assistance.
- Failure in leadership results in poor productivity for the business. A leader should be willing to learn from their errors and pick corrections; no one is above this rule in a business. Some leaders have lost good team members to competitors as a result of their failure in leading the team, not just on a business level but also on a personal level.
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