In this short YouTube segment, host Evan Carmichael introduces the theme “share the credit” and invites Michael Bloomberg to discuss why giving credit to teammates is essential for building respect and relationships. Bloomberg shares a personal anecdote from his time at Salomon Brothers, explaining that acknowledging others’ contributions creates friendships and earns respect, whereas self‑promotion alienates colleagues. Evan then expands the idea from an entrepreneurial viewpoint, describing how founders often see the glamorous side of the business while their behind‑the‑scenes team members miss out on customer praise. To bridge this gap, Evan describes a concrete habit he uses: each Friday he selects a standout YouTube comment that highlights the impact of his videos or thanks the team, and he shares that comment with his entire staff on Monday morning. He argues that this regular recognition makes team members feel valued, connected to the mission, and improves morale for both the team and the leader. The segment ends with a call to action, asking viewers to share how they share credit in the comments and promising another “shot of espresso” video the next day.
Good morning, Believe Nation. Today's message is share the credit. Over to you, Michael Bloomberg. You never wanted to beat your competition?
No, I want to be successful. You said teammates versus competition, right? Yeah, I mean, but But I mean, at Solomon Brothers, all those times, you work with other people. One of the ways, incidentally, Stephanie, to really get ahead is to give credit to somebody else. When I say, oh, I didn't do it, Lloyd did that and he involved me, let me tell you, I'm telling everybody it's me as well, but I've now made a friend and you respect me because I've shared the credit. And if you say, no, me, me, me, I, I, I, nobody likes you. And nobody respects you and they think you are exaggerating everything. But to the extent you give credit to elsewhere, the thought of, are they exaggerating, doesn't even come up.
I really love this message because I think as entrepreneurs, we're often on the front lines, right? We're often doing the glorious, glamorous part of the business, right? We do a lot of the crap stuff as well, right? We do a lot of the behind the scenes, you know, 80-hour work week stuff. Stuff that nobody sees, but we also get to do the, the frontline stuff, the glamorous stuff, the stuff that gets attention, right? We're the ones who are in the media, we're the ones getting the praise from the customers. You know, the best part of my day is waking up and doing the YouTube comments and seeing the praise that comes from you guys on the videos. It makes me feel good, it makes me feel like what I'm doing is important. I think a challenge in building a team is that your team doesn't always get to see that stuff, right? The programmer who's working on your website Does he get to see that material that's coming out? You know, the people who are engineering your product, do they get to see the results from the customers? Often it's a no, so there's this huge disconnect. And when people can feel like the work that they're doing is important and valuable and is helping improve people's lives, then they're much more connected to your business. And I've always tried to be conscious of involving my entire team in the things that I'm doing. And letting them know that their work adds value and has meaning. One of the things that I do is every Friday I look through some of the more special comments that have come in from the YouTube channel. Ones that somebody shares just a life-changing story about how our videos are really helping them through some really tough moment in their life, how it helped them believe in themselves, how it helped them launch something amazing. Or it could be somebody actually thanking the team and saying, "Hey, I wanna thank you and your team for all these videos that you're making." I find one comment every week and then I schedule it to go out to my team on Monday. So they start their day with a warm comment coming from the team. And I think it's great because a lot of the people who may have worked in other jobs before, they've never seen that kind of recognition or praise or awareness, and they feel like they're disconnected from what the mission of the business is because they're just focused so much on the code or the backend processes. And so I think it's super important to share the credit. Involve your team, let them know what they're doing is important. And it not only makes them feel good and valued and a part of the team, I think it makes you feel good too. Like, I love sharing stuff with my team, letting them know that they contributed to something really meaningful and important. So the question of the day today is, how do you share the credit, or do you share the credit? Leave it in the comments below, I'm gonna join in the discussion. Thank you guys so much for watching, have an amazing day, continue to believe, And I'll see you again tomorrow morning for another shot of espresso. I wake up every morning, espresso keep me go.
