Do you actually give yourself time to think? In this episode, Billy and Hali sit down with Rick Scruggs, CEO of Financial Designs and author of What’s Wrong With My Thinking, to break down why setting aside time to think is one of the most powerful leadership tools.
Rick shares that communication is often the missing link in a thriving company and how great leaders create space for growth, responsibility, and real decision-making. He talks about the importance of celebrating success instead of only focusing on what went wrong, the dangers of good outcomes from bad processes, and why every leader should earn a “PhD in mistakes.”
Rick breaks down the importance of having both the time and space to think, how structured thinking sessions change decision making, and why sometimes, the book you set aside is the one you need to finish. We also dig into practical leadership lessons: What does real succession planning look like, and do you have a bench plan? How do you avoid getting stuck in the gap and missing the gain? And why should an advanced leader aim to delegate 70% of what they do?
If you’re ready to shift your perspective, challenge old habits, and rethink how you approach leadership, this episode is for you.
Looking For More Leadership Nuggets?
Discover the books and leaders mentioned in this episode:
The Art of Impossible: A Peak Performance Primer by Steven Kotler
Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones by James Clear
The Road Less Stupid: Advice from the Chairman of the Board by Keith Cunningham
The Nuts and Bolts of Leadership Podcast
What does it mean to be a leader? Why does learning about leadership matter? How can we become servant leaders? The Nuts and Bolts of Leadership Podcast drills into the foundations of leadership for both the emerging and established leader. Billy Duren and Hali Gibson bring in dynamic leaders each week to discuss what being a lifelong learner and people developer really looks like. Join us as we bring you proven leaders who want to serve you with their story, as well as teaching us how to grow as leaders. We will be mining for the nuggets of wisdom from these dynamic leaders from throughout the country.
“The Nuts and Bolts of Leadership” is available on all major podcast platforms, including Apple Podcasts, Spotify, and IHeart Radio. For more information, please visit the Nuts and Bolts of Leadership Website.
This Podcast is edited by our friends at Deep Fried Studios.
Threaded Fasteners, Inc
Threaded Fasteners Inc. (TFI) is a 100% employee-owned business that specializes in the manufacturing, custom packaging, and distribution of steel fasteners. With over 270 dedicated employee owners, TFI maintains over $14 million worth of inventory across 17 locations, to meet the global needs of customers from industries including electrical utilities, chemical and electrical, commercial marine construction, steel fabricators, metal building manufacturers and Department of Transportation (DOT) fabricators. More information about TFI can be found on its website at threadedfasteners.com or through social media platforms including Facebook, LinkedIn and Twitter.
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For more information, please contact Hali Gibson at 251-432-0161