Archives for category: Business

Adam Grant is a professor at the Wharton School of the University of Pennsylvania, in this book he talks about two different attitudes : the one of giving and the other of taking (or being selfish and self-centered).

It appears that giving has its downsides, people could take advantage of it, but it builds mature relationships in the long-term perspective.
On the opposite, by taking the maximum in every situation, the outcome could be better in the short run but affects the long term.

 

 

powerless speech is actually more influential than powerful speech.

 

As burnout expert Christina Maslach and colleagues conclude, “there is now a consistent and strong body of evidence that a lack of social support is linked to burnout.”

 

Taylor’s neuroscience research reveals that when we feel stressed, the brain’s natural response is to release chemicals that drive us to bond.

 

The dating couples—especially the ones in love—operated like selfless givers. Their default approach was to empathize with their partners’ needs and give in right away, regardless of their own interests. Concern for their partners had the effect of “short-circuiting efforts to discover integrative solutions in favor of more accessible but less mutually satisfactory outcomes,” the researchers write, leading to a “‘kid gloves’ approach to problem solving.”

 

Focus attention and energy on making a difference in the lives of others, and success might follow as a by-product.

 

How to Win at the Sport of Business: If I Can Do It, You Can Do It,

It’s a 100 pages book, the best Mark Cuban posts selection from his blog. It’s the essence of his spirit in business. Easy to read, it’s a must-read :) in the top #100 best-seller in different category from amazon.com.

 

The edge is knowing that people think you’re crazy, and they are right, but you don’t care what they think.

 

Sir Richard Branson shared with us how he see his approach in business, and he goes direct to the point.

 

The harder I practice, the luckier I get

– Gary Player

I sincerely believe might constitute one of the most powerful sentences a business leader can utter : “I not sure – what do you think ?”

 

in most cases 90% of life is just showing up

 

his top ten recommandation :

  1. Follow your dreams and just do it
  2. Make a positive difference and do some good
  3. Believe in your ideas and be the best
  4. Have fun and look after your team
  5. Don’t give up
  6. Listen, take lots of notes and keep setting new challenges
  7. Delegate and spend more time with your family
  8. Turn off that laptop and iphone and get your derrière out there
  9. Communicate, collaborate and communicate some more
  10. Do what you love and have a couch in the kitchen

 

 

Rich Dad Poor Dad, is in the top #104 of best seller on amazon (today :-) ). This book tells the story of Robert Kiyosaki and his two dads—his real father and the father of his best friend, his rich dad—and the ways in which both men shaped his thoughts about money and investing.

 

Lesson #1 The Rich Don’t Work for Money
Lesson #2 Why Teach Financial Literacy?
Lesson #3 Mind Your own Business
Lesson #4 The History of Taxes and the Power of Corporations
Lesson #5 The Rich Invent Money
Lesson #6 Work to Learn Don’t Work for Money

 

“Unfortunately, for many people, school is the end, not the beginning.” (rich dad talking)

 

What is assets and liabilities ?

 

If I want to increase my expenses, I first must increase my cash flow from assets to maintain this level of wealth. Take notice that it is at this point that I no longer am dependent on my wages.

 

As part of your overall financial strategy, we strongly recommend owning your own corporation wrapped around your assets.

 

When you know you are ignorant in a subject, start educating yourself by finding an expert in the field or find a book on the subject.

 

INVEST FIRST IN EDUCATION: In reality, the only real asset you have is your mind, the most powerful tool we have dominion over.

(…)

You can watch MTV all day, or read golf magazines, or go to ceramics class or a class on financial planning. You choose.

 

If you have read this far, arrogance is not one of your problems.

 

In today’s fast-changing world, it’s not so much what you know anymore that counts, because often what you know is old. It is how fast you learn. That skill is priceless.

 

With each dollar bill that enters your hand, you and only you have the power to determine your destiny. Spend it foolishly, you choose to be poor. Spend it on liabilities, you join the middle class. Invest it in your mind and learn how to acquire assets and you will be choosing wealth as your goal and your future.

Timothy Ferriss is an American author, entrepreneur, angel investor, and public speaker. In 2007, he published The 4-Hour Workweek.

A book full of ideas :

  • Contain tips to delegate your work (by email), how to delegate more, to be more productive
  • Discuss about the usage of virtual assistants or VA
  • Where/How to travel

Once you say you’re going to settle for second, that’s what happens to you in life.

—JOHN F. KENNEDY”

I can’t give you a surefire formula for success, but I can give you a formula for failure: try to please everybody all the time.

—HERBERT BAYARD SWOPE, American editor and journalist; first recipient of the Pulitzer Prize

 

Challenging the Status Quo vs. Being Stupid

 

The Timing Is Never Right.
I once asked my mom how she decided when to have her first child, little ol’ me. The answer was simple: “It was something we wanted, and we decided there was no point in putting it off. The timing is never right to have a baby.” And so it is.
For all of the most important things, the timing always sucks.

“Would you tell me, please, which way I ought to go from here?”
“That depends a good deal on where you want to get to,” said the Cat.
“I don’t much care where …” said Alice.
“Then it doesn’t matter which way you go,” said the Cat.

—LEWIS CARROLL, Alice in Wonderland”

 

Practice to ask phone number:

Excuse me. I know this is going to sound strange, but if I don’t ask you now, I’ll be kicking myself for the rest of the day. I’m running to meet a friend [i.e., I have friends and am not a stalker], but I think you’re really [extremely, drop-dead] cute [gorgeous, hot]. Could I have your phone number? I’m not a psycho—I promise. You can give me a fake one if you’re not interested.

 

Nobody can give you freedom. Nobody can give you equality or justice or anything. If you’re a man, you take it.

—MALCOLM X, Malcolm X Speaks

It isn’t enough to think outside the box. Thinking is passive. Get used to acting outside the box.

 

But what if your concern isn’t so much losing your children but losing your mind because of your children?

 

 

People say that what we are seeking is a meaning for life. I don’t think this is what we’re really seeking. I think what we’re seeking is an experience of being alive.

—JOSEPH CAMPBELL, The Power of Myth

 

If you don’t make mistakes, you’re not working on hard enough problems. And that’s a big mistake.

—FRANK WILCZEK, 2004 Nobel Prize winner in physics

 

Don’t postpone decisions just to avoid uncomfortable conversations

 

Note : look in the end the recommended books.

Joel Salatin is a full-time farmer, he shares his experience in his book of an alternative way of farming, and why, our days a lot of things are not normal.

 

You can deliver chicks through the mail :-) because they spend 3 weeks to lay the eggs without eating too much :-)

 

Yes, it’s work, but so is trying to figure out what to do with unruly youthful hormones at 2 a.m.

Historically, normal youthful development entailed a meaningful contribution to the household. Work defines the individual.

 

What does that do for the personhood of a child? All of us crave affirmation, especially affirmation that genuinely recognizes our contribution to society. Being able to touch others in a meaningful way with our gifts and talents creates reciprocal affirmation.

 

Our societal paralysis to leverage youthful energy in a more meaningful way than soccer, ballet, and video games indicates profound imagination constipation. This protective timidity that denies our young people risk and self-actualization keeps them from attaining emotional, economic, and spiritual maturity

 

note : I stopped reading at the chapter : Disodium Ethylenediaminetetraacetate—Yum!

It’s the story, published in 1986 of Franck Bettger. He shared his life-story in sales, his personal mistakes, his principles he built during his business life.

 

 

Finding out what people want, and helping them get it.

 

 

Patrick Lencioni is an American writer of books on business management / team management. The book is articulate in two parts. (1) a story with the concepts of the five dysfunctions and how to overcome them (2) listing of the different dysfunctions and how to overcome them, in a way more academical.

“Politics is when people choose their words and actions based on how they want others to react rather than based on what they really think.”

 

Written by Ben Horowitz in 2014.

“This the real world, homie, school finished
They done stole your dreams, you dunno who did it.”
—KANYE WEST, “GORGEOUS”

 

There’s no recipe for really complicated, dynamic situations.

 

as a way to break the tension, Marc would say, “Remember, Ben, things are always darkest before they go completely black.

 

“I move onward, the only direction
Can’t be scared to fail in search of perfection.”
—JAY Z, “ON TO THE NEXT ONE”

follow the first principle of the Bushido—the way of the warrior: keep death in mind at all times. If a warrior keeps death in mind at all times and lives as though each day might be his last, he will conduct himself properly in all his actions.

 

Remember that this is what separates the women from the girls. If you want to be great, this is the challenge. If you don’t want to be great, then you never should have started a company.

 

If this advice sounds too familiar. and you find yourself wondering why your honest employees are lying to you, the answer is they are not. They are lying to themselves.
And if you believe them, you are lying to yourself.

 

Then I read chapter 16 of Andy Grove’s management classic, High Output Management, titled “Why Training Is the Boss’s Job,” and it changed my career. Grove wrote, “Most managers seem to feel that training employees is a job that should be left to others. I, on the other hand, strongly believe that the manager should do it himself.”

 

Tony Robbins says, “If you don’t know what you want, the chances that you’ll get it are extremely low.”

For a complete explanation of the dangers of managers with the wrong kind of ambition, I strongly recommend Dr. Seuss’s management masterpiece Yertle the Turtle.
 

 

The first rule of an organisational design is that all organisational design are bad.

With this in mind, here are the basic steps to organisational design:

  1. Figure out what needs to be communicated.
  2. Figure out what needs to be decided.
  3. Prioritize the most important communication and decision paths.
  4. Decide who’s going to run each group.
  5. Identify the paths that you did not optimize.
  6. Build a plan for mitigating the issues identified in step 5.

“I tell my kids, what is the difference between a hero and a coward? What is the difference between being yellow and being brave? No difference. Only what you do. They both feel the same. They both fear dying and getting hurt. The man who is yellow refuses to face up to what he’s got to face. The hero is more disciplined and he fights those feelings off and he does what he has to do. But they both feel the same, the hero and the coward. People who watch you judge you on what you do, not how you feel.”

—CUS D’AMATO, LEGENDARY BOXING TRAINER

 

Wartime / peacetime CEO, funniest quote :

Peacetime CEO sets big, hairy, audacious goals. Wartime CEO is too busy fighting the enemy to read management books written by consultants who have never managed a fruit stand.

(… the consultants describe the  companies’ process during peacetime)

 

 

— CHAPTER 8 —
FIRST RULE OF ENTREPRENEURSHIP: THERE ARE NO RULES
 

 

So, I invite you to join me on an intellectual adventure to discover what it takes to turn good into great.

 

The good-to-great companies did not focus principally on what to do to become great; they focused e-q-ually on whatnot to do and what to stop doing.

Culture of discipline:

When you have disciplined people, you don’t need hierarchy. When you have disci- plined thought, you don’t need bureaucracy. When you have disciplined action, you don’t need excessive controls. When you combine a culture of discipline with an ethic of entrepreneurship, you get the magical alchemy of great performance.

rigorous / ruthless:

To let people languish in uncertainty for months or years, stealing precious time in their lives that they could use to move on to something else, when in the end they aren’t going to make it anyway- that would be ruthless. To deal with it right up front and let people get on with their lives- that is rigorous

 

FACTS ARE BETTER THAN DREAMS

 

How do you create a climate where the truth is heard?  best-practices:

  1. Lead with questions, not answers.
  2. Engage in dialogue and debate, not coercion.

  3. Conduct autopsies, without blame.

  4. Build “red flag” mechanisms.

When Alan Wurtzel started the long traverse from near bankruptcy to these stellar results, he began with a remarkable answer to the question of where to take the company: I don’t know.

 

hedgehog / fox paradigm:

- they were all hedgehogs. They took a complex world and simplified it

 

“They stick with what they understand and let their abilities, not their egos, determine what they attempt.”" So wrote Warren Buffett about his $290 million investment in Wells Fargo despite his serious reservations about the banking industry.

 

Finding the good KPI during the pivotal transition years. 

 

books references:

 In his book, I’m a Lucky Guy, Joe Cullman dedicates five pages to dissecting the 7UP disaster.

In preparation, I read In Love and War, the book Stockdale and his wife had written in alter- nating chapters, chronicling their experiences during those eight years.

 

 

 

Aarron Walter is the lead user experience designer for MailChimp, and in this book published in 2011, the author share the concept of how creating emotion on a webpage. First having a webpage functional / reliable / usable, then think about the emotion and the pleasure of the user.

 

Keep in mind that ignoring human needs is not a history we are doomed to repeat. Through our designs, we can see and connect with other human beings.

 

Adding stuff pushes the human brain to its limits. Have you ever been to a party where everyone is yelling to speak to the person next to them? (…)  Design works in the same way.

 

There is no formula for emotional design, only principles of psychology and human nature to guide you.

 

This book was first published in 1937 ! Dale Carnegie (1888 – 1955) was an American writer and lecturer and the developer of famous courses in self-improvement.

 

raw notes:

Difference between appreciation and flattery. One is sincere, one not.

I am talking about a new way of life.

we usually spend about 95 percent of our time thinking about ourselves

 

If there is any one secret of success, it lies in the ability to get the other person’s point of view and see things from that person’s angle as well as from your own.

– Henry Ford

Hatred is never ended by hatred but by love

– Buddha

 

“In an article in Bits and Pieces, how to keep a disagreement from becoming an argument :

  • Welcome the disagreement.
  • Distrust your first instinctive impression.
  • Control your temper.
  • Listen first. 
  • Look for areas of agreement. 
  • Be honest. Apologize for your mistakes
  • Promise to think over your opponents’ ideas and study them carefully.
  • Thank your opponents sincerely for their interest.
  • Postpone action to give both sides time to think through the problem.

 

You cannot teach a man anything; you can only help him to find it within himself.

– Galileo

 

—isn’t it better to begin by saying: “Well, now, look. I thought otherwise, but I may be wrong. I frequently am. And if I am wrong, I want to be put right. Let’s examine the facts.

 

“I don’t blame you one iota for feeling as you do. If I were you I would undoubtedly feel just as you do.”

 

PRINCIPLE 6
Praise the slightest improvement and praise every improvement. Be “hearty in your approbation and lavish in your praise.

 

Childish? Perhaps. But that is what they said to Napoleon when he created the Legion of Honor and distributed 15,000 crosses to his soldiers and made eighteen of his generals “Marshals of France” and called his troops the “Grand Army.” Napoleon was criticized for giving “toys” to war-hardened veterans, and Napoleon replied, “Men are ruled by toys.”

 

Books – (from wikipedia):

  • 1915: Art of Public Speaking, with Joseph Berg Esenwein.
  • 1920: Public Speaking: the Standard Course of the United Y. M. C. A. Schools.
  • 1926: Public Speaking: a Practical Course for Business Men. Later editions and updates changed the name of the book several times: Public Speaking and Influencing Men in Business(1937 revised), How to Develop Self-Confidence and Influence People by Public Speaking (1956)[16] and Public Speaking for Success (2005).
  • 1932: Lincoln, the Unknown.
  • 1934: Little Known Facts About Well Known People.
  • 1936: How to Win Friends and Influence People.
  • 1937: Five Minute Biographies.
  • 1944: Dale Carnegie’s Biographical round-up.
  • 1948: How to Stop Worrying and Start Living.
  • 1959: Dale Carnegie’s Scrapbook: a Treasury of the Wisdom of the Ages. A selection of Dale Carnegie’s writings edited by Dorothy Carnegie.
  • 1962: The Quick and Easy Way to Effective Speaking. The fourth revision of Public speaking and influencing men in business, by Dorothy Carnegie, based upon Dale Carnegie’s own notes and ideas but a very different book than original.