5 Minute Rule; Power Tools for Dads; Worst Question; Never Eat Alone
June 12, 2014Gates’ Stanford Speech; Partnering with Sumos; 5 Ways to Extend Paychecks; Fortune Stories Needed
June 26, 2014Next Steve Jobs?; Now to Say Your Name; Internal Shark Tank; Verne Interview
"…keeping you great"
HEADLINES:
Verne Harnish Interview — if you need something to listen to while plowing through email, here's my latest interview hosted by WPOer Seth Werner on his Entrepreneur Radio program. I would start the show at the 2:18 mark. And at the 14:17 mark I share the key trait I found predicted which entrepreneurs built the bigger businesses.
How to Say Your Name Right — go to the 7:19 point in this 4th June TEDx talk by Dr. Laura Sicola and watch the next minute – I found her suggestions in how to properly share your name with someone, so they hear it clearly and you make a good first impression, very useful. This is something worth teaching everyone in your company to do properly.
Internal "Shark Tank" — Vancouver-based Coastal Contacts ran an innovation lab where everyone in the company was asked to come up with a "shark tank" idea for the business. Noted Roger Hardy, Founder and CEO, "We expected to get 5 to 8 groups to present and then to offer one prize. We ended up with 34 teams and gave them a full day to present their ideas to management." Instead of one prize, they had to create 8 categories, each with winners and then one grand prize. Winners "won" 8 Fridays to implement their ideas. "The results of the employees' ideas generated a 15 percent lift in revenues…things like branding lenses to designer inspired frames with artwork built in – pretty cool," exclaimed Hardy. How might you tap into the wisdom of your employees to generate a similar increase in revenues!
Tony Fadell The Next Steve Jobs? — Mastermind of the iPod, he left Apple and founded Nest (I love the Nest thermostat – what his funder Randy Komisar called the "Trojan horse into the home.") which he recently sold to Google for $3.2 billion. Take six minutes over the weekend and read this great entrepreneurial story on the Fortune website – and gain some insights into Apple, Google, and rapidly building a $300 million firm and successfully selling it. No favorite paragraph because there are a bunch! It's also one worth sharing with any teenagers you have that are entrepreneurial.
COACHING: