All great leaders have skin in the game- they show, hardly tell, and they go on the journey with their followers. They lead by example; the only stock they have is their company shares, they walk their talk, and they don’t tell people to do what they are unwilling to do themself. In business parlance, Skin in the Game refers to owners, executives, or principals having a significant stake in the shares of the company they manage. 1 With skin in the game, you are committed to your long-term goal, before you build a team to help achieve your dream; showing the ways you have skin in the game is a great way to attract great talent.
“Never trust anyone who doesn’t have skin in the game. Without it, fools and crooks will benefit, and their mistakes will never come back to haunt them.”