The “Hot Shot Rule” To Help You Become a Better Leader | Kat Cole | TED
Understanding Confidence and Action
Defining Confidence
- Confidence is defined as the reliance or assurance in someone's abilities or qualities, which is recognized through their actions.
The Role of Action in Building Confidence
- To build confidence, it’s essential to take action rather than waiting for confidence to develop first; consistent action leads to comfort and growth over time.
Overcoming Complacency
- Recognizing complacency is crucial; it's easier to act during tough times, but true growth comes from pushing ourselves even when things are going well.
Personal Experiences Shaping Growth
Lessons from Childhood
- A pivotal moment occurred at age nine when the speaker's mother decided to leave an unhealthy relationship, demonstrating the importance of taking decisive action.
Inspiration from a Role Model
- The speaker's mother worked multiple jobs with limited resources, showcasing resilience and self-driven growth without external guidance.
Developing Self-Coaching Practices
Early Career Development
- Starting work young led to significant career advancements by age 26, despite lacking mentorship that could provide broader perspectives.
Implementing Self-Coaching Techniques
- Inspired by advice from a restaurant consultant, the speaker began envisioning someone they admire in their role as a motivational tool for taking action.
The Hot Shot Rule: A Practical Approach
Concept of the Hot Shot Rule
- The "hot shot rule" involves regularly reflecting on one’s role and considering what an admired person would do differently in challenging situations.
Steps Involved in the Hot Shot Rule
- Key steps include identifying actionable insights within 24 hours after reflection and communicating these actions with involved parties.
Application of Insights in Professional Life
Envisioning Leadership Roles
- As CEO of AG1, the speaker emphasizes maintaining high standards for leadership while continuously seeking improvement inspired by others' excellence.
Real-Life Applications
Hot Shot Rule: A Practice for Growth
Understanding the Hot Shot Rule
- The "hot shot rule" is a technique designed to break complacency and encourage proactive change within a business. It emphasizes regular practice rather than being used only in times of need.
- The speaker practices this rule weekly, dedicating time every Sunday at 1 PM for reflection and action planning, particularly during their children's nap time.
- Over a year of consistent application, the speaker has accomplished 52 actionable items that may have otherwise been overlooked, fostering a culture of vulnerability and initiative within their team.
- This practice not only drives personal growth but also encourages team members to bring forward ideas and challenges, creating an environment where continuous improvement is valued.