There is practical, everyday management. I am not interested in that. Leadership is not practical and it is not everyday. Management and Leadership are totally different things. You think that you are being a leader, but you are probably being a manager. Seth's opening words in the video.
I love how blunt Seth is. We all aspire to be leaders, but leadership is scary. Management is following the rules--good accounting, completing the activities in the log framework, writing complete reports. A good manager can squeeze a bit more impact from a project. Management is safe--we know what we need to do and how to measure our success.
The challenge with leadership is that you have to be in front. If the path was known, then a leader would not be needed. I know that I am leading when I can feel the pressure. When a coworker says, "You can't do that.", but I know that I can and think that I will succeed. When I am 100% sure of myself, I am managing. When I am pushing in a new direction and pretty sure that it will work (even if though I will act 100% sure), then I know that I am pushing the envelope.
Steve Farber tells this beautifully in his free audio series (available through this website) and less well in this video (skip the first seven minutes of selling--the core content start after this introduction). His point is that if you are not scared, if you are not experiencing an OS!M, you are not pushing yourself--you are not really leading.
And this is the challenge. Leading is hard work. It is scary. It is the only way to make a difference. To paraphrase the subtitle of Seth's book Tribes, Lead, because we need you to lead us. So what do you want to do, Manage or Lead?