Feb 19, 2025

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:

What's Wrong With My Thinking?: How Abundance Thinking Creates Better Outcomes, More Cash Flow, and Time to Enjoy by Rick Scruggs

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

10x Is Easier Than 2x: How World-Class Entrepreneurs Achieve More by Doing Less by Dan Sullivan and Benjamin Hardy

The Gap and The Gain: The High Achievers' Guide to Happiness, Confidence, and Success by Dan Sullivan and Benjamin Hardy

The Road Less Stupid: Advice from the Chairman of the Board by Keith Cunningham