Ep 113: Creating Predictable Performance in Unpredictable Markets
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In this week's episode of the Building Bigger Lives Podcast, Kathryn and Michael discuss creating predictable performance in an unpredictable housing market. They explore how leaders can develop flexible systems and manage teams through change by focusing on controllable factors like attitude, cross-training, and backup plans. Michael emphasizes the importance of having a growth mindset and preparing contingencies from the start, while Kathryn highlights the need to consider both predictable volume and profit. They discuss common reactions to market volatility, including fight, flight, and freeze responses, and stress the critical role of maintaining a positive attitude despite external challenges. Michael emphasizes coaching people to develop skills and mindset to adapt to changing conditions, using the metaphor of a sailor adjusting sails rather than blaming the wind.
The conversation concludes with encouragement for leaders to take responsibility for their decisions and design effective systems based on a growth mindset.
Building Bigger Lives Podcast
https://www.instagram.com/buildingbiggerlives
Contact Coach Michael Regan-
www.facebook.com/CoachMichaelRegan
www.instagram.com/coachmichaelregan/
www.linkedin.com/in/mregan/
Contact Kathryn Pedersen-
http://www.instagram.com/steamboatmortgage