The Hour of Power

Estimated reading time: 2 minutes, 48 seconds.

TODAY’S IDEA: The Hour of Power

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

Ari Meisel, is an entrepreneur, author, CEO, real estate developer, green building consultant, and productivity expert according to Wikipedia. But he is much more than that: he is a driven, solution-finder, and goal-achieving entrepreneur extraordinaire who turned his life and his health around, and overcame the insurmountable (here’s his TED Talk). He managed to cure himself from Crohn’s disease—which is deemed incurable—and he turned the lessons he learned, especially in areas of mindset and productivity, into a replicable process that anyone can follow. When he was very sick, there were days in which he could not work for more than one hour, so he had to find a way to get things done in an ultra efficient way.

In The Art of Less Doing, he talks about the hour of power: “every day, each one of us has roughly a ninety-minute period of peak productivity. This peak period is when you are able to produce your best work, but it is also the time frame within which you can most easily get into a work mode. […] If you identify that time, respect it and use it effectively to focus, you should be able to be two hundred times more effective than during any other time of the day.”

The hour of power is different for each one of us. For some may be at 4 am and for others 4 pm; or it may come at 10 am or 8 pm. Regardless of when your hour of power is, schedule it and keep it distraction-free so that you can fully immerse in it and achieve flow. (Flow: definition, TED Talk.)

But what about when it’s not your peak time?

“Just as we all have an hour of power in our days, we also all have a brain-dead part of the day.” Meisel quotes David Allen, the author of the famous productivity book Getting Things Done who has a “brain-dead” list of activities that you can accomplish when you’ve exhausted your mental capacity to function at a high level.” Chores that don’t require too much brainpower, such as doing laundry, folding clothes washing dishes, and a myriad of other personal and professional things can be achieved even when we’re not at our best. The important thing is to acknowledge that none of us are on all the time, but that we can still make the most out of every period of time, whether it’s a peak or a valley.

“Dost thou love life? Then do not squander time, for that is the stuff life is made of.” – Benjamin Franklin

ACTION

TODAY: Look at the way in which you work today and how your mind and body feel: are you easily distracted or are you in flow? This is a great start for finding out when your hour of power is.

FUTURE: Continue to monitor your mind and body at regular intervals throughout a week. This will help you further pinpoint your hour of power as well as your “brain-dead” times. Schedule your hour of power accordingly and honor it fully. You’ll be glad you did once you start seeing the results of your newly added productivity streaks.

Know someone who needs help to find their hour of power? Please share this post with them via emailFacebook or Twitter, thank you!

Leadership skills from Sam Walton

Estimated reading time: 3 minutes, 47 seconds. EntreGurus-Book-Building on Bedrock-Derek Lidow

TODAY’S IDEA: Leadership skills from Sam Walton

— From Building on Bedrock: What Sam Walton, Walt Disney, and Other Great Self-Made Entrepreneurs Can Teach Us About Building Valuable Companies by Derek Lidow

Derek Lidow, is one of my favorite entrepreneurs. He was the CEO of a USD $2-billion public company, and left because he saw a need in the market. In truly entrepreneurial fashion, he decided to fulfill that need, founded iSuppli (a leading market research firm), grew it successfully and sold it for $100 million. Today he gives back by teaching, mentoring and writing. In his latest book, Building on Bedrock, he shares his insights on what it takes to be an entrepreneur with detailed stories—warts and all—of well-known and not-so-well-known entrepreneurs to illustrate the who, what, when, where, how much and why of their successes and failures.

One of the known leaders that he focuses on throughout the book is Sam Walton, the founder of Walmart. Lidow analyzes 5 core skills that Walton had—and that every leader must have—in order to accomplish their goals. We can all learn so much from this!

  1. Self-awareness. “Sam always listened and watched to see what could be improved… as soon as he realized he had a gap, he acquired and practiced the requisite skills. Self-awareness is itself a skill, not something you’re born with. You can learn it—learn how to identify your capabilities and your personal modes of learning and self-improvement.”
  2. Relationship building. “Sam was highly skilled at building relationships—creating strong, shared objectives with others. It’s a skill that you can learn and master, whether you are an extrovert or an introvert. […] Sam most likely mastered relationship building by deliberately practicing with people to whom he wanted to get closer. When he set a goal of getting to know somebody, he accomplished it and then figured out how he could do it better the next time.”
  3. Motivating others. As most leaders, Sam was charismatic. Contrary to popular belief that this is an inborn trait, Lidow says, “the ability to motivate other people is a skill that you can learn and practice. Sam’s technique is classic: he made people feel good about themselves in the context of doing something important [whether for Walmart, church, a sports team, etc.]… You can imagine him saying something like, ‘it’s amazing how well you penetrated the defense in last night’s game; what’s your new technique?’ People on the receiving end not only feel good about themselves, but also want to rise to the occasion again.”
  4. Leading change. Lidow states that most change is confusing because it’s usually poorly envisioned and poorly aligned, and I would add to that poorly communicated. However, in the case of Sam Walton, he was constantly changing things to improve them. “The associates and managers of Walmart expected change, embraced change and viewed change as positive… because Sam explicitly let them know why each change was important, what was expected, and how they could benefit from it. […] Not that there weren’t surprises or mistakes, or disappointments, but Sam’s weekly meetings meant that adjustments and mitigations were made quickly.” By having weekly meetings, outlining the changes to be made, and receiving feedback and suggestions on what went well, what didn’t, and what needed improvement, Sam was continually engaging in intentional and deliberate practice and, thus, honed in his change leadership skills that way.
  5. Enterprise basics. “This too,” says Lidow, “is a learned skill, not one you’re born with… [Sam] created simple routines (i.e., processes) that made repetitive tasks… as productive as possible, so he and the organization could focus on relentlessly implementing improvements (i.e., projects). He diligently created a culture of people who loved to undertake projects and use processes to make customers happy…” While this last skill may seem to apply solely to entrepreneurs, I would respectfully disagree: I think finding ways to operate effectively, productively and using our time wisely is the best that we can do for ourselves, our workplace and all our efforts.

ACTION

TODAY: Think about how you apply these 5 leadership skills from Sam Walton on a daily basis. Rate yourself and figure where you need help. Figure out how/where/what kind of help you will get.

FUTURE: One of the most important things as a leader is to develop your relationships: practice deliberately. Set up a goal to meet and get to know one or more people, and then go about doing so. I’m excited for you—let me know how it goes!

Know someone who could use some help to sharpen their leadership skills? Please share this post via email, Facebook or Twitter, thank you!

Mastermind groups

Estimated reading time: 3 minutes, 46 seconds.EntreGurus-Book-The Power of Focus-Jack Canfield Mark Victor Hansen and Less Hewitt

TODAY’S IDEA: Mastermind groups

— From The Power of Focus Tenth Anniversary Edition: How to Hit Your Business, Personal and Financial Targets with Absolute Confidence and Certainty by Jack Canfield, Mark Victor Hansen, Les Hewitt.

Mastermind groups are a wonderful thing! I have been in a few and I’m currently in one, and I’m so grateful for all the support and great ideas have come out of my masterminds. If you are not familiar with a mastermind group, it’s a very simple concept: a group where the minds meet, which means two or more people get together to talk about a particular thing that each one is working on, and the other(s) provide, support, help, ideas, contacts, resources, etc.

In The Power of Focus, the authors describe a mastermind group as, “ideally made up of five or six people who want to develop excellent long-term relationships. The primary purpose of the group is to establish support for each other emotionally, personally and professionally. It also provides a unique forum for sharing ideas and information, as well as discussing meaningful topics and everyday challenges.”

The authors suggest four action steps if you want to create or enhance your mastermind group:

  1. Select the right people. Limit your group to six people for maximum benefit and interaction. You don’t have to choose all participants at one (unless you want to, of course). The authors suggest starting with two and gradually build up. “Choose people who are likely to create synergy—ambitious, open-minded, goal-oriented individuals who have a positive outlook and bring a healthy, positive energy to each discussion.” Depending on your goals and the focus of the group, you may want to select similar participants (say, all salesmen under 40) or from varied backgrounds (men, women, regardless of age and industry) to add a broader focus and a deeper and richer perspective for discussion.

 

  1. Everyone must make a commitment. “The level of commitment determines how successful your mastermind group becomes. Commitment requires regular attendance, a willingness to participate each time you meet, and an agreement to keep confidential anything that is shared in the group. […] The real benefits occur only when there is a high level of trust within the entire group.”

 

  1. Decide when, where, how often, and for how long you want to meet. “Two to three hours every month is a good rule of thumb, or you can meet more frequently if you want.” In my case, my group meets virtually for an hour every Friday morning. The frequency, duration and (virtual) location of the meeting are up to you based on your goals.

 

  1. What will you talk about? Be focused and make the most out of your precious time together. Here’s a suggestion from the authors: “Elect a chairperson whose main role is to keep the conversation flowing, and to allow everyone equal time. Start each meeting with a brief comment from everyone about the best thing that happened since the last meeting… Then ask two questions: ‘What’s happening in your business life (or job)?’ and ‘What’s happening in your personal life?’ Go around the table one person at a time. […] Another good question is, ‘What’s your greatest challenge at this time?’ Also, discuss and support each other’s individual goals. Inspire everyone to achieve what they want. Encourage them to think big and introduce them to people who can accelerate their progress.” The main goal is to provide support, encouragement and help each other level up. Here’s a worksheet that we sometimes use in my own mastermind group in case this is helpful to you.

ACTION

TODAY: If you have a mastermind group, think of how you can enhance it with the four points offered above. If you’d like to start a group, give some thought to the persons you’d like to invite and the goals for the group.

FUTURE: Make a commitment to stay in the group for a reasonable amount of time, and ask the others to make the same commitment too. At the end of that time evaluate whether the group is still of value. If it is, congratulations! If not, examine why not, and tweak to improve it. The tweaks can be in all aspects, from the location, duration, topics discussed, format, etc., all the way to the participants. If there is someone who does not want to be there or who is not as engaged or committed, perhaps it means that their time has come to fly away.

Know someone who could benefit from creating, belonging or improving a mastermind group? Please share this post with them via email, Facebook or Twitter, thank you!

Waiting for the other shoe NOT to drop

Estimated reading time: 2 minutes, 23 seconds.

TODAY’S IDEA: Waiting for the other shoe NOT to drop

 
Sometimes it seems unavoidable. An undesirable thing or event is about to happen. It’s inevitable, we’re waiting for the other shoe to drop.* But does it have to drop?
 
Enter Tama Kieves, author and success coach, with her gift of making us see things in a different light, especially in her book A Year Without Fear: 5-Minute Mind-Set Shifts. This is what she says:
“What if the ‘other shoe’ doesn’t have to drop? Instead, what if the other one rose? What if the first shoe sent down a rope for the other? What if when things went well, you were creating a baseline from which to soar higher? What if things never went backward? What if when you ‘lost’ something, it was always an invitation to expand your love, expression, or sense of identity? Your life moves in one direction always. It’s always giving you the chance to grow. What if things could get better than your best experience ever?”

ACTION

TODAY: Is there a part of your life where you are waiting for the other shoe to drop? What if it didn’t? What options are there to move you upward and onward? Brainwrite some ideas for other preferred outcomes: you’ll see that there are always different options. And with a bit of creativity, they can turn out to better than we could have ever imagined!
 
FUTURE: Know that you always have the choice to change your mind, see things differently, and look for alternatives. Same as above, when it seems that something is inevitable, take the time to brainwrite some ideas for other preferred outcomes. This creates a shift in mindset and will enable you to seek more favorable options. Then find the resources (ask your network) for the best possible outcome to happen.
Know someone who’s waiting for the other shoe to drop and who could welcome other options? Do them a favor and please share this post with them via email, Facebook or Twitter, thank you!

*For our international Gurupies**: “waiting for the other shoe to drop” is an expression in the U.S. that means, “to await a seemingly inevitable event, especially one that is not desirable.” The phrase originated “in New York City, and other large cities, during the [housing] boom of the late 19th and early 20th centuries. Apartments were built, similar in design, with the bedrooms located directly above and underneath one another. Thus, it was normal to hear a neighbor removing their shoes in the apartment above. As one shoe made a sound hitting the floor, the expectation for the other shoe to make a similar disturbance was created.” (Source: Wiktionary)
 
** Gurupie = blend of guru and groupie = how I fondly refer to the EntreGurus’ community, because we all follow the ideas of the gurus.

The listening matrix

Estimated reading time: 4 minutes, 30 seconds.

EntreGurus-Book-Dynamic Communication-Jill SchiefelbeinTODAY’S IDEA: The listening matrix

— From Dynamic Communication: 27 Strategies to Grow, Lead, and Manage Your Business by Jill Schiefelbein 

We’ve talked about listening before (here and here), but always focusing on you: how you listen and how you can listen better. But have you ever stopped to think how others listen to you? This is especially interesting in a business setting, when you need your listener to take action (sign the dotted line, for example).

In Dynamic Communication, Jill Schiefelbein broke down the listening modes into a very handy matrix to understand how people listen. “In order to move people to action, you need to understand how they are listening to you. […] Are they listening for information, or are they listening for knowledge? The answer is the difference between action and inaction—making a sale or missing an opportunity… People who listen for information do not decide. People who listen for knowledge decide.

The listening matrix is a four-stage continuum: stages one and two comprise the time when people are listening to gather information; stages three and four comprise the time when people are listening to acquire knowledge and make a decision. The goal is to move the listeners from any of the first three stages towards stage four so that they can take action, whatever form this action may take (buy, go, do, donate, vote, enroll, etc.). The examples below are mainly focused on sales, but you can adapt them to whatever situation you need where the goal is for the audience to take action.

This is what the matrix looks like:

INFORMATION [1: The Writer → 2: The Thinker] → KNOWLEDGE [3: The Interpreter → 4: The Decider]

Stage One: The Writer

The writer is simply taking notes and collecting information, but is not there to make a decision. “Transitioning your audience from a writer to a thinker… can be done with a relatively simple line of questioning.”

  • What do you think about [insert topic]?
  • What is your opinion on [insert topic]?
  • What are your feelings on [insert topic]?
  • What is your view on [insert topic]?
  • What is your perspective on [insert topic]?

Stage Two: The Thinker

At this point “your audience is still listening for information, but they may ask questions to clarify facts, figures, details, etc.” Once they take a breather from their notes, you can further engage them with these questions:

  • What do you know about [insert subject]?
  • Would you share with me what you know about [insert subject]?
  • What does your company know about [insert subject]?
  • How do you see that process working for your business? (This question is not designed for a yes/no answer; it’s used to generate further discussion.)

Stage Three: The Interpreter

Your audience is past the Information half of the matrix and is on to the Knowledge half. At this stage is when your audience “starts to interpret how something will apply—its consequences, its benefits—in their business.” By asking the following questions you will gain intel that will enable you to understand how your audience will adapt your information to their context. Schiefelbein says, “Remember, knowledge is information applied.”

  • How would your business change if…?
  • What would it look like if your organization used…?
  • How would your job be easier if…?
  • What would be the best outcome for you if…?
  • How would you react if…?
  • What would it take for this to work in your…?

Stage Four: The Decider

“Your success at this stage will be determined on how well you’ve connected with your audience and how well you articulate your request… Your job in this stage is to get the action.” Here are the questions that will help you get there:

  • Can you see this working for your business?
  • Do you see this meeting your needs?
  • Are you comfortable recommending this to your board?
  • Is this solution within your budget?
  • Do you want to get started today?
  • Is this something you feel your sales team could benefit from?
  • Shall we talk about some solutions that we can work on together?

“No matter what, at this stage you need to get a “yes” or “no” and move to the next step of the relationship.”

ACTION

TODAY: Pay attention to the stages that your listeners are in, especially if you are having any conversations that require action. Adapt the questions above to move your audience to the next stage until they agree to take the desired action.

FUTURE: Adapt the questions above for your desired outcome whenever you are going to have a conversation where you need to move your audience from The Writer to The Decider. Document what works best for you and keep it as handy reference to use in a future. Don’t be afraid to test out new questions according to your project or situation. Once your audience takes the desired action, celebrate your success! And send me an email to let me know, I’ll be cheering for you. 🙂

Know someone who could benefit from this info? Please share this post with them via emailFacebook or Twitter, thanks!

P.S. – If you are in New York City next Monday, April 23 and want to meet Jill Schiefelbein (she is lovely and brilliant), she will be speaking at the same event as I: Unlearnings Live. This is a two-hour event to help you expand your world, your thinking, and the actions that make your work urgently important. Unlearnings Live is going to provide you with ideas to clear out any negativity surrounding you and create amazing environments that inspire your important work to scale. This will be an opportunity for your story to be told and for your ideas to be put into action. Please join us, we’d love to see you there!

5 Theses of the power of a presentation

Estimated reading time: 3 minutes, 39 seconds.

EntreGurus-Book-Slideology-Nancy DuarteTODAY’S IDEA: 5 Theses of the power of a presentation

— From Slide:ology: The Art and Science of Creating Great Presentations by Nancy Duarte

“Nearly all men can stand adversity, but if you want to test a man’s character, give him power[point].” –Abraham Lincoln

And with this fantastic quote [and its oh-so-funny addition] begins Slide:ology, a great, practical book by Nancy Duarte on how to craft great presentations and slides. We all have been at presentations where the slides are insufferable. (!) And if we are lucky, we have also been at (or watched on video) incredibly moving, beautiful, memorable presentations, such as TED Talks. What’s the difference, above and beyond the delivery? The visuals. You can have death by PowerPoint (very funny video), in which the slides act as a crutch for the presenter and are a true distraction for the audience. Or you can have slides that “act as a visual aid to reinforce the presenter’s message,” and help with recall of the main points afterwards.

“The audience will either read your slides or listen to you. They will not do both. So, ask yourself this: is it more important that they listen, or more effective if they read?” If they read, there’s no point in doing a presentation. “People will love you for respecting their time enough to use the media appropriately.”

“Communication is about getting others to adopt your point of view, to help them understand why you’re excited (or sad, or optimistic, or whatever else you are). If all you want to do is create a file of facts and figures, then cancel the meeting and send in a report.” – Seth Godin

Duarte created a manifesto with 5 theses that are the foundation on which powerful presentations stand. They may seem basic, but sometimes we need a reminder of the obvious, since we are so involved in the project that we don’t see it. I’m sharing the 5 points with you here verbatim as I think they have enormous merit.

  1. Treat your audience as king. “They didn’t come to your presentation to see you. They came to find out what you can do for them. Success means giving them a reason for taking their time, providing content that resonates, and ensuring it’s clear what they are to do.”
  2. Spread ideas and move people. “Creating great ideas is what we were born to do; getting people to feel like they have a stake in what we believe is the hard part. Communicate your ideas with strong visual grammar to engage all their senses and they will adopt the ideas as their own.”
  3. Help them see what you are saying. “Epiphanies and profoundly moving experiences come from moments of clarity. Think like a designer and guide your audience through ideas in a way that helps, not hinders, their comprehension. Appeal not only to their verbal senses, but to their visual senses as well.”
  4. Practice design, not decoration. “Orchestrating the aesthetic experience through well-known but oft-neglected design practices often transforms audiences into evangelists. Don’t just make pretty talking points. Instead, display information in a way that makes complex information clear.”
  5. Cultivate healthy relationships. A meaningful relationship between you, your slides, and your audience will connect people with content. Display information in the best way possible for comprehension rather than focusing on what you need as a visual crutch. Content carriers connect with people.”

Lastly, always remember the Golden Rule of presentations: “Never deliver a presentation you wouldn’t want to sit through.”

ACTION

TODAY: Watch one or more TED Talks and look at the visuals (here are one, two, and three presentations with slides from the 25 most popular TED Talks of all time). Notice how they help drive the point home. What made them memorable? How was the information displayed so that it delivered the idea/message and made it memorable?

FUTURE: Here are Seth Godin’s rules to avoid Really Bad PowerPoint. Go through them as well as through the 5 theses above every time you have to build a slide deck so that you can ensure that it will be successful and well received by your audience. And if you love design as much as I do and want to learn more about it to apply it to all aspects of your life, here’s an awesome free online course (one lesson per week, learn at your own pace).

Know someone who needs to improve their PowerPoint skills? Please share this post with them via emailFacebook or Twitter, thank you!