Posteriorities

Estimated reading time: 2 minutes, 15 seconds.

EntreGurus-Book-The 100 Absolutely Unbreakable Laws of Business Success-Brian TracyTODAY’S IDEA: Posteriorities

— From The 100 Absolutely Unbreakable Laws of Business Success by Brian Tracy.

Much has been said about priorities, but what about posteriorities? In his wonderful book The 100 Absolutely Unbreakable Laws of Business Success, author and business guru Brian Tracy says, “Before you start something new, you must discontinue something old.” That is the Law of Posteriorities.

Our lives are full to the brim with many things to do and little time to do them. It’s time we examine all we do and determine whether we need to continue doing so.

“As your life changes, your priorities change as well. Certain things that were important at one stage of your life or career are no longer as important as you move to another stage of your life or to another level of responsibility. You must continually ask yourself, What activities in my life can I cut back on, delegate, or discontinue to free up more time for my most important activities?

I’m sure you’re familiar with an organizing method that recommends giving away something when you get a new equivalent to avoid clutter. Say, you buy a new pair of shoes, then you give away an old pair of shoes. The law of posteriorities works in the same way, but with our activities instead of our closets.

“To start anything new, you must stop doing something old. We say that ‘getting in means getting out.’ Analyze your time carefully and have the courage to stop doing things that are no longer as important to you as other things could be.”

Keep in mind what we learned in this post: while “giving up” an activity sounds like a heavy sacrifice that we must reluctantly make, the truth is that it is not when we reframe it and simply see it as a choice.

Happy posteriorities!

ACTION

Note: On this post, both actions come directly from the book (instead of coming from me). After each rule is explained in the book, there’s a section called, “How you can apply this law immediately.” I liked the section for this Law so much that I’m including those actions below verbatim!

TODAY: “Analyze your work and make a list of the items that consume most of your time. Which of these activities could you discontinue or delegate to free up more time for higher value work?”

FUTURE: “Compare your daily activities against your annual income. Would you pay someone else our equivalent salary to do the things you are doing? If you wouldn’t, stop doing those things immediately and pass them on to someone who can do them almost as well as you can.”

Know someone who could use the Law of Posteriorities to free up the activity clutter in his/her life? Please share this post! EmailFacebook or Twitter.

Ethics: The Golden Rule

Estimated reading time: 2 minutes, 52 seconds.

EntreGurus-Book-Ethics 101-John C. MaxwellTODAY’S IDEA: Ethics: The Golden Rule

— From Ethics 101: What Every Leader Needs To Know (101 Series) by John C. Maxwell

When leadership and business guru John C. Maxwell was approached to write a book on business ethics, he said, “There’s no such thing as business ethics—there’s only ethics. People try to use one set of ethics for their professional life, another for their spiritual life, and still another one at home with their family. That gets them into trouble. Ethics is ethics. If you desire to be ethical, you live it by one standard across the board.”

And what may that one standard be?

For Maxwell, it’s simple: the Golden Rule. This is the principle of treating others as you would want to be treated. (Wikipedia). “Asking the question ‘How would I like to be treated in this situation?’ is an integrity guideline for any situation.”

Given that there is an equivalent of the Golden Rule in every culture, language and religion, this is “the closest thing to a universal guideline for ethics a person can find.” And these are the four criteria as to why Maxwell believes so:

1. The Golden Rule is accepted by most people. If having an equivalent everywhere is not enough, “a case can also be made for the Golden Rule based on common sense. […] It is not unreasonable for any person to desire good treatment for others. Nor is it asking too much to expect others to treat people well. […] The Golden Rule can be used to create common ground with any reasonable person.”

2. The Golden Rule is easy to understand. “One of the wonderful things about the Golden Rule is that it makes the intangible tangible. You don’t need to know the law. You don’t need to explore nuances of philosophy. You simply imagine yourself in the place of another person. Even a small child can get a handle on that. There are no complicated rules and no loopholes.”

3. The Golden Rule is a win-win philosophy. “Have you met people who believe that in order for them to be winners, other people must be made to lose? […] When you live by the Golden Rule, everybody wins. If I treat you as well as I desire to be treated, you win. If you treat me likewise, I win. Where is the loser in that?”

4. The Golden Rule is a compass when you need direction. “Television commentator Ted Koppel says, ‘There’s harmony and inner peace to be found in in following a moral compass that points in the same direction regardless of fashion or trend.’ In a world with much uncertainty, I think many people are seeking direction. The Golden Rule can provide that. It never changes, even as circumstances do. It gives solid, predictable direction every time it’s used. And best of all, it actually works.”

ACTION

TODAY: Keep the Golden Rule in mind as you go about your day: How can you apply it better in every situation? Note that the Golden Rule is not a soft approach to business—you should expect and apply excellence and high quality, and not tolerate undesirable or rude behavior.

FUTURE: Make it a habit of applying the Golden Rule in all you do. All aspects of your life, and the people who surround you, will be better for it and will respond in the same way.

If you like this post, please share it with someone who will like it too! You can do so via emailFacebook or Twitter, thank you!

Leap and leap again

Estimated reading time: 3 minutes, 3 seconds.

EntreGurus-Book-The Icarus Deception-Seth GodinTODAY’S IDEA: Leap and leap again

— From The Icarus Deception: How High Will You Fly? by Seth Godin

Happy summer solstice!

In the wonderful book The Icarus Deception, Seth Godin recalls his summer camp adventures when he was a boy. He says, “I spent summers confronting what it meant to do what you wanted to do. That was a loaded obligation, because it meant you had to commit and then execute, without being able to blame the predicament of your choice on anyone else.”

The highlight of the lake, as Godin recalls, was the 24-foot-high diving board. “The deal was simple: If you climbed up, you had to jump off. It was too tricky (physically and emotionally) to climb down. Day after day, new initiates to the cult of the big leap would bravely climb up the tower. Then they’d get to the top and stop. They’d freeze in place, unable to move. Sometimes for hours. One kid once sat there for fourteen hours.”

So, what happened?

Godin then goes on to analyze what happened “between the time a kid started climbing the ladder and the internal system failure that occurred at the top of the board.” There was no new information presented. Why was then the child thrilled and excited at the bottom and frozen at the top?

“What changed was the volume of the argument in the leaper’s head.” At the bottom, part of the brain insists on going up because it will be “fun/brave/heroic/daring/wonderful, the adventure-seeking frontal lobe [of the brain] says.” Once you reach the top, the lizard brain kicks in and the internal dialogue changes completely. “Now the other part of the brain, the one that’s often more powerful, speaks up and insists (demands) that this nonsense stop. It’s high. This is dangerous. This is insane.”

So, what happens?

What happens next is an analogy for a lot of the things we do in life. “Amazingly, after the first jump, the deflowered leapers always do the same thing. They get out of the water, run to the steps, climb right back up, and do it again. Safety zone adjusted, comfort zone aligned. For now. And the opportunity is to make it a habit.”

We’ve all been through something like this: scared to death, we take the proverbial (or literal) leap, and when we do it, we want to leap again, and again.

What are you dreading to do now that you’d love to do again (or at least not be afraid to do) after you leap?

“Do one thing every day that scares you.” – Mary Schmich

ACTION

TODAY: Think of one thing that you’ve been postponing to do because you are afraid of it (could be something as simple as a conversation or as complex as a life changing event). What is the dialogue going on in your head? Is there something other than your fear preventing you from doing it? Put a deadline on your fear and decide to leap.

FUTURE: If, after doing something scary, as Godin says, our safety zone is adjusted and our comfort zone realigned, what would happen if we could envision that adjustment and realignment happening even before we leap? That would certainly make thing easier, wouldn’t it? How can we accelerate that mental process, or at least imagine it, before we leap so that when we do, we are fully convinced (or, at a minimum, not as scared that it takes us 14 hours to leap)? Think about this when you are dreading the next scary thing you need/want to do. It won’t be that scary on the other side. Leap.

Please take a leap and share this blog with someone who also needs to leap! You can share this post via emailFacebook or Twitter, thank you!

Minimal effort means avoiding work

Estimated reading time: 2 minutes, 23 seconds.

EntreGurus-Book-10-Minute Reflections-Graham BinksTODAY’S IDEA: Minimal effort means avoiding work

— From 10-Minute Reflections: One Month Of Daily Exercises That Will Spark Growth In Your Business by Graham Binks

This book is a very quick read of daily exercises to make us think about business in a different way. The author, Graham Binks, is an expert in helping businesses get the best out of their technology investments. He has worked with numerous business leaders, who often ask, “How do we know we’re doing enough?” To what his answer is, “Start by making sure you’re not doing too much.”

Whaaaaaat?!

Yes. To optimize processes, you and your team need to be doing the minimal effort necessary. But please note that this doesn’t mean a mediocre effort at all—on the contrary—it means the best effort without wasting any of it. Thus, avoiding work that turns out to be unnecessary and wasteful, and that could be geared to other productive efforts instead.

Binks shares that when you are planning a successful outcome and think through the steps required in the process, you’ll naturally go from start to finish. And when you’re repeating work that someone in your team has done in the past, they can vouch for the steps taken previously.

“But if you haven’t perfected this kind of work (or your team hasn’t experienced it at all), there’ll be guesswork in the plan. And with guesswork comes extraneous effort.” In his experience, Binks has seen many plans that specified work that turned out to be detached from the critical outcomes of the project.

Thus, he offers a simple review exercise for you and your team “to make sure your projects aren’t wasteful.” This works best with projects when the planning phase is nearly finished—before the actual work starts—or you can apply it as a debriefing exercise on finished projects to see what will work best in the future.

Exercise: Being Minimalist

1. List the 10 project activities that took the most effort to complete in the following way:
#1 _________________ Rank___ Skip?___
#2 _________________ Rank___ Skip?___
Etc.

2. Above, rank these activities by their importance to the project outcome—highest contribution to lowest.

3. Starting with the lowest ranked activity, ask whether the project would have been a success if this activity had been skipped.

If the answer is “Yes!”, congratulations. You’ve found an activity that is not required on the plan. Take it out and save everyone time and energy. Then repeat the exercise with the next activity up the list.

Sometimes, what seems to be a simple exercise can reveal profound inefficiencies. Hope this helps optimize your projects and simplify your effort for a better outcome!

ACTION

TODAY: Think of a project you’re about to start or one that you repeat often. Go through this exercise to find the optimal path to completion.

FUTURE: As you’re planning for projects, or as you finish them, go through this exercise to make sure you’re not doing too much (avoiding wasteful efforts) and your project is running as optimally and as smoothly as possible!

Know someone who needs to optimize their projects? Please share this post via emailFacebook or Twitter, thank you!

Communication Overhead

Estimated reading time: 2 minutes, 19 seconds.

EntreGurus-Book-The Personal MBA-Josh KaufmanTODAY’S IDEA: Communication Overhead

— From The Personal MBA: Master the Art of Business by Josh Kaufman

Business guru, Josh Kaufman, recalls working at Procter & Gamble on a project that needed the input and approval of dozens of people. He spent three months trying to put together a workable proposal due to juggling different ideas, arguments over different approaches, and people wanting credit without doing much work. And in those three months nothing else got done! Almost all of his time was spent on communicating with other members of the group.

“Communication overhead is the proportion of time you spend communicating with members of your team instead of getting productive work done.”

Kaufman says, “There’s a reason high-performing surgical teams, military units, and sports teams tend to be small and focused: too much time spent in communication and coordination can kill a team’s effectiveness.”

The larger your team, the more you have to communicate with each of its members to coordinate action. “As the number of people you work with increases, Communication Overhead increases geometrically until the total percentage of time each individual must devote to group communication approaches 100%. After a certain threshold, each additional team member diminishes the capacity of the group to do anything other than communicate.”

What’s the solution?

Work with the smallest possible team: “Studies of effective teamwork usually recommend working in groups of three to eight people,” says Kaufman. “You’ll be leaving people out, but that’s the point—including them is causing more work than it’s creating in benefits. Removing unnecessary people from the team will save everyone’s time and produce better results.”

Finally, Kaufman shares Derek Sheane’s  “8 Symptoms of Bureaucratic Breakdown” which appear in his book Beyond Bureaucracy. They are indicative of teams suffering from Communication Overhead:

1. The Invisible Decision. No one knows how or where decisions are made, and there is no transparency in the decision-making process.

2. Unfinished Business. Too many tasks are started but very few carried through to the end.

3. Co-ordination Paralysis-Nothing can be done without checking with a host of interconnected units.

4. Nothing New. There are no radical ideas, inventions or lateral thinking-a general lack of initiative.

5. Pseudo-Problems. Minor issues become magnified out of all proportion.

6. Embattled Center. The center battles for consistency and control against local/regional units.

7. Negative Deadlines. The deadlines for work become more important than the quality of the work being done.

8. Input Domination. Individuals react to inputs—i.e. whatever gets put in their in-tray—as opposed to using their own initiative.

ACTION

TODAY: Do you work with a team? How big is it? Take a moment to think how can you break it up into smaller units/teams to be more efficient.

FUTURE: As you embark on new projects that require teamwork, think of ways in which you can make the teams as lean as possible.

Be a good teammate and please share this post via emailFacebook or Twitter, thank you!

Learning from Dad

Estimated reading time: 3 minutes, 12 seconds.

EntreGurus-Book-What Made Me Who I Am-Bernie SwainTODAY’S IDEA: Learning from Dad

— From What Made Me Who I Am by Bernie Swain

Happy Father’s Day!

Whether you a father, love a father, father a beloved pet, or father a project or an idea, I hope you have a fantastic day with your loved ones!

Today I’ll share a father story from a book that I love: What Made Me Who I Am by Bernie Swain. The book is a collection of stories—some happy, some sad, but all beautiful, inspiring and moving—that leaders, heads of state, athletes, business executives, and public figures have told the author. Swain is the cofounder and Chairman of Washington Speakers Bureau, today’s foremost authority in the lecture industry. (Here’s a book review I wrote for The New York Public Library.)

Throughout the book, Swain shares the human side of these larger-than-life personalities. One of the themes that he repeatedly sees is, “That we grow up, become our own person, and still, for many of us, the powerful urge to make our parents happy remains.”

It’s only natural that we want our parents to be proud of us, and that was the case with former U.S. Secretary of State Madeleine Albright. She says that her dad, Josef Korbel, “was a remarkable man and the most important influence on [her] life. It was his clearheaded and fair minded character that saw [her] through an unsettled, even tumultuous childhood, and that set a standard [she has] endeavored to live up to ever since.”

Josef was a diplomat who moved to London, as the Czechoslovak government in exile was there after the Nazis invaded Prague. He would walk young Madeleine to school every day before catching a train to work. “As we walked, he would encourage me to do my best in school, and in life, and to always treat people with respect,” recalls Albright.

When the war ended, Josef was made Ambassador to Yugoslavia, and then representative to the United Nations. When the communists took over Czechoslovakia, Josef didn’t want to be a part of that government and went—as a political exile—to teach international relations at the University of Denver.

While in Denver, the family lived in a small and cramped house, and Josef set up a makeshift study in the basement. The problem was that the basement flooded constantly so he “would sit at his desk, working away with his feet up on bricks.” Yet they all laughed about it and took it with equanimity and grace.

Albright recalls that, as a teenager, she was embarrassed by her dad. Josef, being Old World European, tried to fit in his new surroundings in Colorado. Thus, “He took up fishing—wearing a coat and tie. There he was, looking like the very model of a European diplomat—tailored suit, combed back hair, wire-rim glasses, and a pipe—casting his rod.”

Yet every night the family would sit down to dinner together, “and the topic of conversation inevitably turned to foreign affairs,” says Albright. “Although our lives had been nomadic, my parents maintained a consistency that made it all seem normal.”

And it is thanks to all this that the former Secretary of State fell in love with the international arena. As she remembers her father, she says, “Through it all, I’ve felt that my father was with me, perched on my shoulder, still following me around, inspiring me. The volatile politics of Eastern Europe short-circuited his diplomatic career. That has always been on my mind and I hope that in some small way, I’ve made him proud. Being secretary of state is a challenging experience. But I never had any trouble staying focused. I just had to picture my father in his flooded basement study, working away with his feet up on bricks.”

ACTION

TODAY & FUTURE: Go hug your loved ones and tell them how much they mean to you!

Share this post with a father today! You can do so via emailFacebook or Twitter, thank you!

What are you giving up to go up?

Estimated reading time: 3 minutes, 59 seconds.

EntreGurus-Book-Thinking for a Change-John C MaxwellTODAY’S IDEA: What are you giving up to go up?

— From Thinking for a Change: 11 Ways Highly Successful People Approach Life and Work by John C. Maxwell

Leadership guru John C. Maxwell reminisces about his father who used to say, “Find the one thing you do well and don’t do anything else.” Following that guidance has taken Maxwell to the realization that, to do a few things well, he has had to give up many others.

“No one can go to the highest level and remain a generalist,” says Maxwell. And this is so true, especially nowadays, where we are pulled in a myriad directions, spread too thin, multitasking and living with FOMO (Fear Of Missing Out), and expected to know and give an educated opinion on everything from the Syrian refugee crisis, to the new coach of the Real Madrid soccer team, to the latest environmental policy in California.

And while “giving up” sounds like a heavy sacrifice that we must reluctantly make, the truth is that it is not when we reframe it and simply see it as a choice. We already make choices, willingly and happily, anything from Mexican vs. Chinese food to vacationing in one place vs. another.

The same should apply here. Make willing choices and you’ll be able to focus on the one or few things that you do best and that will take you to the top (whatever the definition of top is for you).

Here are some of those choices Maxwell has made. They make a lot of sense and I think they aptly apply to us all.

You can’t know everyone.

Maxwell is outgoing and loves people, so it’s hard for him not to spend time with lots of people. Yet even if you are an introvert, you may be pulled in the direction of getting to know people in your field and attend events. To deal with this, Maxwell has done two things: “First, [he’s] chosen a strong inner circle of people. They not only provide professional help, but they also make life’s journey much more pleasant. Second, [he asks] certain friends to catch [him] up on what’s happening on the lives of other friends.”

You can’t do everything.

“There are only a few exceptional opportunities in any person’s lifetime. That’s why [Maxwell strives] for excellence in a few things rather than a good performance in many.” For instance, he’s an avid reader, yet he doesn’t read novels or any kind of fiction, instead, he’s chosen to dedicate his reading time to nonfiction as those books are the ones that propel the personal and professional growth he desires.

Maxwell also outsources everything he’s not good at, specifically, technical matters, mechanic or electronic. He can’t do it and does not have the knowledge, so he let’s someone who does have it do the job. Easier and faster.

He also works with his team on what he calls the 10-80-10 principle. Even though there are projects that Maxwell would love to do, he delegates them and only becomes involved as follows: he helps “with the first 10 percent by casting vision, laying down parameters, providing resources and giving encouragement.” Then his team work on the middle 80% and he comes in at the end again to “help them take whatever it is the rest of the way” (if he can). He considers this last effort putting the cherry on top.

You can’t go everywhere.

The traveling demands of a conference speaker and author are high, so Maxwell has chosen not to travel as much as he did before.

You can’t be well-rounded.

Being truly focused impedes being ‘”well-rounded.” Maxwell tells people: “ Ninety-nine percent of everything in life I don’t need to know about.” He focuses on the one percent that gives him the highest return. Of the other 99%, his wife and team keep him aware whenever he needs to know, and that’s how he balances his life.

This reminds me of lifestyle design guru, Tim Ferriss, author of The 4-Hour Workweek who doesn’t read or listen to the news. He says: “Most information is time-consuming, negative, irrelevant to your goals, and outside of your influence. I challenge you to look at whatever you read or watched today and tell me that it wasn’t at least two of the four.” Ferriss is another one who has made some choices to be a pioneer in his field.

So, what choices are you making to get to where you want to go?

ACTION

TODAY: Determine what choices you will make today that will take you in the direction of your goals.

FUTURE: Take some time to think about your life and the choices you’ve made so far. What other choices can you make to be focused on reaching your goals?

Know someone who needs to give up a few things to go up? Please share this post via email, Facebook or Twitter, thank you!

Minimum and maximum limitations

Estimated reading time: 3 minutes, 31 seconds.

EntreGurus-Book-The Art of Less Doing-Ari MeiselTODAY’S IDEA: Minimum and maximum limitations

— From The Art Of Less Doing: One Entrepreneur’s Formula for a Beautiful Life by Ari Meisel (read 2 chapters for free

Productivity guru, Ari Meisel, is back! In a previous post I had shared his idea of The Hour of Power. Today I’ll share his concept of minimum and maximum limitations that comes from his awesome book The Art of Less Doing.

Let’s remember that Meisel found himself very sick and unable to work more than one hour a day for a while, so he became incredibly productive during the little time that he had to work. Nowadays, he’s made a point of continuing to set limits for his work: he gets everything done and still has plenty of time to devote to his family. “The fact of the matter,” Meisel says, “is that everyone functions better with constraints.”

We’re likely very familiar with setting time limits. We’ve talked about Parkinson’s Law before (herehere, and here). It’s the law that says: “work expands so as to fill the time available for its completion”. And if you only have a certain amount of time to do something, very likely you will get it done within that timeframe. Thus the importance of setting time limits to avoid open-ended projects that never get done. Deadlines are important.

And setting limits can apply to physical spaces too. Meisel explains, “If you’re a pack rat and have rooms filled with clutter, tell yourself you’re permitted one box of clutter per room and that’s it!”

To further understand the process of setting limits, Meisel goes into detail about the concepts of minimum versus maximum limitations. “Minimum limits are actually more challenging than maximum limits. It’s easier to be restrictive than to be expansive. For example, it’s much easier to say ‘I have to turn the TV off by ten o’clock at night’ (maximum limitation) than it is to say, ‘I will read ten pages of nonfiction every night’ (minimum limitation).”

Minimum limitations are very effective when it comes to creating habits. “Once you create a habit and couple it with another, your rate of potential success skyrockets.”

Let’s think of exercising with this concept. Find something that you love to do (Activity 1) and set a small goal. Then find something else you love to do (Activity 2) and tell yourself you cannot do the second activity until you’ve finished the first one. For instance, you cannot watch Netflix (Activity 2) until you’ve taken your yoga class (Activity 1). Meisel says this is even more effective if you can combine both, thus setting yourself up to win: “Tell yourself that you can only listen to podcasts [Activity 2] while you’re on the treadmill [Activity 1]. In that scenario, you’ve set up a restriction to help you succeed.”

Time, as we saw earlier, is an easy limitation to set. Money is another one. But you can work with setting constraints in any area of your life that you want to improve on. “This process of setting limitations can almost become a game, and you need to figure out how to work within your restrictions. […] Find a balance between challenging [yourself] and being realistic in terms of [your] lifestyle.”


Save the date! Ari Meisel will be at the Business Library in New York City on July 17, from 6-7:30 PM. It’s a free event. Registration and details here. I look forward to seeing you there!


ACTION

TODAY: What is a limit that you can put on yourself today for the benefit of your work, time or leisure? How about working with Parkinson’s Law and setting a time limit to finish your work at a certain time? That way you can go home to enjoy your family or to enjoy non-work-related activities.

FUTURE: Think of a habit you’d like to establish. What kind of minimum limitation can you think of to create the habit? Remember to find your Activity 1 and set a goal. Then do not indulge in Activity 2 until you have finished activity 1. Linking those activities will help you stick to them and create the habit you want. Let me know how it goes!

Do you know someone who would benefit from setting limits? Please share this post with that person via email, Facebook or Twitter, thanks!