Leveraging Others To Help You Succeed – Why Accountability Works
Bill Gates and Warren Buffet… What do they have in common?
For one, they’re both billionaires. Bill Gates is the fourth richest person in the world, and Warren Buffet the sixth richest person in the world.
But did you know that Bill and Warren are also REALLY good friends?
Warren, one of the most successful investors in the world, and Bill, founder of the largest software company – Microsoft. It’s a classic example of two people in completely different fields leveraging each other in order to succeed in life.
Because of their great friendship, Bill Gates knows an awful lot about financial investments even though he’s never studied or practiced it at all. And on the other hand, Warren knows A LOT about software and technology.
How’s this possible? Because they help one another to be accountable and to go after their dreams. In doing that they learn equally as much (if not more) from each other.
What is accountability?
Think back to your school days. If we were left with a choice to do or not do our homework, I can bet you that most of us wouldn’t lift a finger.
But knowing that there’s a teacher who will check that the homework is done made us a tad more accountable. If nothing else, we were terrified (or at least wary!) of detention and landing into trouble.
Just like our teachers, an accountability partner or group will want to see you thrive and succeed. And they will see to it that you do.
A business accountability partner is almost like a mentor, but with a caveat. Your relationship with a mentor is typically hierarchical, but an accountability partner is a peer-to-peer. And truth be told, having someone who you feel can be candid with you and can keep you on track and ultimately make it easier to achieve your goals.
How to leverage others in business
Nearly all of us have these big dreams of what we’d like our future to look like. It might be to be rich, or happy, successful, maybe more educated…
We know what it takes to get there, but are we willing to put in the work?
That’s where an accountability partner or group comes into play.
When you’re running your own businesses without someone to hold you accountable, you might fall into giving yourself excuses to get out of doing the tough things. The ones that require you to be a risk taker or the ones that are very new to you and scare you because you’re comfortable with the status quo. Or perhaps the things that you put off doing because you find them boring.
But when you have someone constantly ‘nagging’ you and keeping up the pressure, to do what you’d said you’ll do in order to become successful, life becomes easier. Because when you know you need to answer to someone, you’ll actually strive to put in the work.
An accountability partner or group will also help you to put your problems into perspective. You’ll be able to address problems early enough before they become huge. And secondly, an accountability partner will provide you with a second pair of eyes, helping you prevent these instances from occurring again.
Having an accountability group or partner keeps you grounded. It helps you put things into perspective, feel supported and aim high, but keeps your feet on the ground, even when day-to-day tasks can seem mundane.
Accountability is an important benefit of being part of a Mastermind Group. In Mastermind9 our members have actions to complete each month and feed back on. This in-built accountability means that we stay on track, and achieve our goals for the month for the biggest challenge or opportunity we have facing us at the time. All with the support and encouragement of the team.