INSTANT MBA: Put Your Ego Aside And realise That You Don't Know Everything

Today’s advice comes from Gary Lipovetsky, president of Dealfind.com.

“I’ve learned that it’s important to be humble. It’s not possible for one person to know everything.”

Lipovetsky says it’s important for managers to hire extremely smart people and to be willing to listen to them. Letting your ego get in the way of leveraging your team’s talents will only take away from you.

For instance, even though he considers sales to be a strength of his, he values the expertise of his executive vice president of sales, and tries to listen more than he talks at meetings. 

recognising that the people you know are often the key to success, Lipovetsky makes sure to surround himself with people he can learn from. 

“Know a lot of successful people, but don’t network for the purpose of doing a deal with them,” says Lipovetsky. “Have a large network of people that you’re constantly in contact with and try to take something away from them.”

Want your business advice featured in Instant MBA? Submit your tips to [email protected]. Be sure to include your name, your job title, and a photo of yourself in your email.

NOW WATCH: Ideas videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.