EntreLeadership by Dave Ramsey
When I put out a request to the Service Nation Alliance community to recommend their favorite book on leadership, the number one response was EntreLeadership by Dave Ramsey.
Been there and done it.
Trying to understand why Ramsey was recommended over popular names like Peters, Drucker, Collins, Hamel and Kotter, I had to go no further than the book’s Introduction. Dave Ramsey went from launching a real estate business to running it successfully to bankruptcy and financial rock-bottom to the launch of his now incredibly successful Ramsey Solutions. Anchored in financial coaching, Ramsey Solutions spiders out into every media imaginable to teach people how to become financially responsible.
In other words, Dave Ramsey has been there and done it. HVAC and Plumbing company owners relate to Ramsey because his message is grounded in reality and not academic theory. Contractors also buy into Ramsey because his work is faith-based. While EntreLeadership is not about how to be a leader who is religious, it reflects Ramsey’s source of energy and fuel.
Leadership and Entrepreneurship
Ramsey spends time on qualities that he deems important to both leadership and entrepreneurship. He combines the two and distills his definition of EntreLeadership to:
The process of leading to cause a venture to grow and prosper
While Ramsey adopts the servant leadership mindset he says, “The problem with your company is not the economy, it is not the lack of opportunity, it is not your team. The problem is you.” You’re either the captain of your ship or you’re not. And if you are, the good news is that you are also the solution. (If Dave was in HVAC he’d probably include the problem is not the weather).
Areas covered in EntreLeadership
- Dreams, vision, mission and goal making
- Time management
- Decision making
- Business start-up
- Hiring & firing
- Vendors, contracts & collections
EntreLeadership is practical business intelligence grounded in common sense. Doing, failing, learning and doing again is essential to a growing business. And success is achieved through and with others.
My favorite topics discussed in the book are:
- Passion and passionate intent
- Coworker’s problems and the monkeys on their shoulders - page 69
- 12 components to a good hire
- Viewpoint on cash
- Viewpoint on annual reviews
- Recognizing your coworkers
While Ramsey devotes two paragraphs specifically to culture, in all reality, the entire book is a recipe for culture building.
When you’re on the road
When you’re traveling down a road and you encounter people walking away from a distant fire, would you rather take the time to talk with them or would you prefer to Google the word ‘fire’ to learn about it?
When in need of direction and, if you’re breathing you’re always in need of direction, seek out those who’ve been there.