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Young and Profiting (YAP) with Hala Taha

Dave Liniger: Top Leadership Principles to Achieve Extraordinary Entrepreneurship Success | Leadership | E323

Fri, 13 Dec 2024

Description

When Dave Liniger co-founded RE/MAX, the early days were rocky. Believing he had all the answers, he led with aggression and stubbornness. But Dave soon realized that if he wanted to succeed, he had to change. He embraced being coachable and became willing to ask for feedback. Decades later, he has transformed RE/MAX into a global powerhouse and earned his place as a true real estate icon, inspiring countless entrepreneurs along the way. In this episode, Dave shares the entrepreneurship lessons and leadership principles that have guided him over the last 50 years leading RE/MAX. In this episode, Hala and Dave will discuss:  (00:00) Introduction (02:45) From Farm Life to the Air Force (03:45) The RE/MAX Origin Story (06:57) Hard Lessons & Tough Feedback (10:55) What Success Really Means (15:44) How to Make an Impact (20:23) Leadership Traits That Build Trust (30:23) Why Honesty Wins in Leadership (32:31) Revolutionizing Real Estate (36:55) Leadership Secrets for True Success (47:08) Hiring Right, Firing Fast Dave Liniger is the co-founder of RE/MAX, one of the world’s most recognized real estate brands with over 9,000 offices in more than 110 countries. Starting in 1973, Dave and his wife Gail redefined the real estate game by creating the groundbreaking 100% commission model, empowering agents to keep what they earn while benefiting from top-tier support. He’s a multi-venture entrepreneur, having dabbled in industries like oil drilling, NASCAR racing, and Arabian horse breeding, among others. He is also a philanthropist, adventure enthusiast, author of The Perfect 10, and host of the Ambition & Grit podcast. Resources Mentioned: Dave’s Book, The Perfect 10: 10 Leadership Principles to Achieve True Independence, Extreme Wealth, and Huge Success: https://www.amazon.com/Perfect-10-Leadership-Principles-Independence/dp/1637631839  Think and Grow Rich by Napoleon Hill: https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331  The Success Principles: How to Get from Where You Are to Where You Want to Be by Jack Canfield: https://www.amazon.com/Success-Principles-TM-Where-Want/dp/0060594896  The Compound Effect by Darren Hardy: https://www.amazon.com/Compound-Effect-Darren-Hardy/dp/159315724X  Kaizen: The Japanese Method for Transforming Habits, One Small Step at a Time by Sarah Harvey: https://www.amazon.com/Kaizen-Japanese-Method-Transforming-Habits/dp/1529005353  Sponsored By: Airbnb - Your home might be worth more than you think. Find out how much at airbnb.com/host Mint Mobile - To get a new 3-month premium wireless plan for just 15 bucks a month, go to mintmobile.com/profiting  Found - Try Found for FREE at found.com/profiting  Working Genius - Get 20% off the $25 Working Genius assessment at workinggenius.com/ with code PROFITING at checkout Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify    Indeed - Get a $75 job credit at indeed.com/profiting    Active Deals - youngandprofiting.com/deals Key YAP Links Reviews - ratethispodcast.com/yap  Youtube - youtube.com/c/YoungandProfiting  LinkedIn - linkedin.com/in/htaha/  Instagram - instagram.com/yapwithhala/  Social + Podcast Services: yapmedia.com  Transcripts - youngandprofiting.com/episodes-new  All Show Keywords: Entrepreneurship, entrepreneurship podcast, Business, Business podcast, Self Improvement, Self-Improvement, Personal development, Starting a business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side hustle, Startup, mental health, Career, Leadership, Mindset, Health, Growth mindset.  Leadership & Team Building Leadership, Productivity, Networking, Goal Setting, Time Management, Problem Solving, Decision Making, Leadership Skills, Strategic Planning, Mindset, Time Management, Team Building.

Audio
Transcription

Full Episode

0.429 - 25.168 Hala Taha

Today's episode of Yap is sponsored in part by Shopify, Found, and Airbnb. Shopify is the global commerce platform that helps you grow your business. Sign up for a $1 per month trial period at shopify.com slash profiting. Found gives you banking, invoicing, and bookkeeping all in one place and was created for busy entrepreneurs. Try Found for free at found.com slash profiting.

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25.788 - 40.173 Hala Taha

Hosting on Airbnb has never been easier with Airbnb's new co-host network. Find yourself a co-host at airbnb.com slash host. As always, you can find all of our incredible deals in the show notes or at youngandprofiting.com slash deals.

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41.674 - 47.416 Dave Liniger

How do you want to change the world? Why are you so passionate about this business that you're starting?

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47.884 - 52.588 Hala Taha

What's your advice to leaders to get better at receiving feedback, no matter who it's from?

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52.968 - 77.286 Dave Liniger

Ignore it. Everybody has an opinion. That doesn't mean everybody is right. Loyalty is a two-way street, and loyalty starts at the top going down, not the down going up. Your job is to create an environment where the people that work for you can achieve the level of success they want. The number one most important factor of a leader is a leader sells hope.

77.606 - 78.769 Hala Taha

What does success mean to you?

78.949 - 81.976 Dave Liniger

The best definition I have ever heard of success is...

99.642 - 121.361 Hala Taha

Young and Profiters, welcome back to the show. And today we have a true real estate icon joining us, Dave Linegar. Dave Linegar is the co-founder of Remax, which he co-founded with his wife, Gail, in 1973. Remax is now one of the largest real estate franchises to have ever existed. And he's got over 8,000 offices, 125,000 sales agents.

121.901 - 141.894 Hala Taha

He's done an incredible job leading this organization over the past five decades. Dave is no longer the CEO at REMAX, but he still holds a leadership position as chairman, and he was CEO for 45 years plus. Dave is going to tell us all about his leadership principles. He's got a new book called Perfect 10, which we're going to be discussing.

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