How to Become One of the All Time Greats: 5 Keys

Written By: Maxwell Fayans

Estimated Read Time: 2-3 minutes

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“If you’re walking down the right path and you’re willing to keep walking, eventually you’ll make progress.”- Barack Obama

Over the past few days I listened to the book Good to Great by Jim Collins. I heard about this book after reading Delivering Happiness by Tony Hsieh. He continually referred to it so I said to myself: let me give this a shot. It was on my “To Read” list, but I never got around to getting it.

This book had some great takeaways and I wanted to share those with you.

  1. To be a great leader, your decisions and actions need to be about the company and not yourself
    • The leader does not let his ego get in the way of making decisions.
    • The leader is not concerned about fame or his salary.
    • When the company succeeds: the leader says it is because of the entire company, each and every employee. The leader believes they are lucky to be at such an amazing place.
    • When the company makes a poor decision: the leader takes full responsibility.
    • The leader will put the company first and do whatever it takes to accomplish the goal.

 

  1. Who before what
    • It is about hiring the right people
    • One needs disciplined people who you can trust will do an amazing job and will continue to “break new ceilings”
    • Wait until you find the right person, as it will help your team to succeed rather than spend the time training someone who might have had some red flags

 

  1. Managers should manage the system not the people
    • When you have the right people from the get go, a manager should manage the system to help make the team more productive and effective

 

  1. The goal/vision for your team should be simple
    • Ask yourself: What can we be the best at?
    • Continually ask yourself: Is the decision I am making getting our team closer to the goal?
    • Stay focused, present and don’t let the sunk cost fallacy get in your way

 

  1. A culture of your own
    • Bring in the right people that are aligned with your culture and values
    • Make your workplace lively and fun. A place where you are excited to come in each and every day.
    • Work should not just be work. It should be a place full of friends that are there for you, with that same passion and fire under their feet.

 

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More about Maxwell Fayans

For book suggestions: The Maxwell Fayans Book Club

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