5 Minute Rule; Power Tools for Dads; Worst Question; Never Eat Alone
June 12, 2014
Gates’ Stanford Speech; Partnering with Sumos; 5 Ways to Extend Paychecks; Fortune Stories Needed
June 26, 2014

Next 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:

Need help implementing the Rockefeller Habits?

Verne Harnish
Verne Harnish
Verne Harnish is founder of the world-renowned Entrepreneurs’ Organization (EO) and chaired for fifteen years EO’s premiere CEO program, the “Birthing of Giants” and WEO’s “Advanced Business” executive program both held at MIT. Founder and CEO of Gazelles, a global executive education and coaching company with over 150 coaching partners on six continents, Verne has spent the past three decades helping companies scale-up. The “Growth Guy” syndicated columnist, he’s also the Venture columnist for FORTUNE magazine. He’s the author of Scaling Up (Rockefeller Habits 2.0); Mastering the Rockefeller Habits; and along with the editors of Fortune, authored The Greatest Business Decisions of All Times," for which Jim Collins wrote the foreword. Verne also chairs FORTUNE Magazine’s annual Leadership and Growth Summits and serves on several boards including chairman of The Riordan Clinic and the newly launched Geoversity. He is an investor in many scale-ups. A father of four, he enjoys piano, tennis, and magic as a card-carrying member of the International Brotherhood of Magicians.

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