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Build with Leila Hormozi

The 3-Step Decision Making Framework I Teach My Team | Ep 248

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5867 Ratings

🗓️ 6 March 2025

⏱️ 18 minutes

🧾️ Download transcript

Summary

Want to scale your business? Click here.

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

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Transcript

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0:00.0

What's up guys? Welcome back to build. And today I want to talk about a topic that applies,

0:04.6

whether you are at $100,000 a year, $500,000 a year, $1, $5 million, $10 million, $50 million. It does not matter.

0:12.8

And that is how to train your team to make faster, smarter decisions. As a founder or CEO, your team's

0:20.7

decision making is actually your bottom mic. I think a lot of the

0:23.2

times people think that it's their decision making. That's the bottleneck. But the reason it's not

0:28.4

your decision making is because the only reason you would be making so many decisions that you get

0:33.4

decision fatigue or that you feel like it's all you're doing is because your team doesn't have the

0:38.2

skill of making decisions. And therefore, you end up default making all these decisions because you're

0:43.0

realizing that it's not getting done by the people below you and you without realizing it

0:47.3

continue to make the decisions and not train your team. And I get this because I have been there.

0:52.1

I remember when there was a point in time in my first

0:56.2

company, and we used Voxer as the platform that we spoke to each other on before we ended up

1:01.4

transitioning to Slack. This was before Slack existed. And I remember talking to one of my mentors at

1:07.5

the time, and I told her, I said, oh my gosh, every time I open up my boxer, I literally

1:13.7

have like 35 messages and it's all just questions. It's just like, what's this? How do I do this?

1:18.6

Do you want me to do this or this? Blah, blah. She taught me a really cool concept that I wanted to

1:24.2

share with you guys today. And so I hope that it is a value for you because the thing is, is that one of the biggest

1:30.0

drags on a company speed is not strategy.

1:33.3

It's not even bad strategy.

1:34.4

It's not even lack of resources or even hiring around people.

1:36.8

It's actually just slow decision making.

1:39.4

And most of the time, the slowness isn't because decisions are complex.

...

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