Lifestyle Business Podcast EP141: Rocking the Rockefeller Processes

lifestylebusiness

  In the beginning of this episode, Ian Schoen talked about his first impression when he went to Tokyo, Japan and how he got thrilled from seeing a cat cafe for the first time. On the other side of globe, Dan shares his amazing experience as he enjoyed the warmth of the sun when he visited Davao, Philippines.

     Later in the podcast, Dan and Ian talked about the people who are starting to make their entrepreneurial ambitions come to life.

Dan_Ian_PG2

What’s great in this episode was, someone who was influenced by the show gave Dan and Ian a call telling them that they are now also running their own podcast show. Amazing!

Now, for the meat and potatoes of this episode, Listen as Dan and Ian talk about HIRING and Rocking the Rockefeller Processes, inspired from the book “Mastering the Rockefeller Habits” by Verne Harnish.

Here is what you’ll learn from this episode:

  • Monetizing your training product. money
  • The stages in the 1000-day journey to build your business.
    -    The Apprenticeship Stage
    -    The Production Stage
    -     H is for HIRE!
  • Creating not just a job but an asset.
  • Two factors that hiring brings in a team: Fun and Productivity! 
  • Three reasons why your business could go astray.
    1. Lack of leadership
    2. Lack of systems and structures
    3. Market Conditions
  • The importance of leadership in the business  leader run
    -    Systems, structures and market conditions can be adjusted with right leadership
  • The two things required in leadership:
    1. The ability to predict
    2. The ability to delegate

“If you don’t have that fundamental building block of leadership, you’re doomed.”

 

FIVE WAYS TO BE AN EFFECTIVE LEADER

1. Delegation point Delegation

-     Raise to your first hire immediately!
-     Doing every possible thing to accelerate people in place.
-     Raising your first hire to do the important stuff as soon as possible.

2. Prediction Point business-vision -    Having a clear vision of what’s ahead
-     Having a fundamental understanding of accounting
-     Forgoing personal income to hire people

If you’re not looking at the books, you’re not making effective predictions.”

3. Hire people as or more effective as you are. People-at-table-in-training -     Training people in reaching their highest potentials

4. Hiring for existing business cash flows 

employee

-     Start hiring people and start working less.
-     Hiring allows entrepreneurs to enter into new projects.
-     Working on your business less while getting more.
-     The wrong thinking: having employees are less fun and more stressful.

5. Rhythm, priorities and data 

Planning

-     Have a hiring strategy.
-    
Knowing you’re Hiring Funnel - the direct correlation to your culture
-     The good points for having a good business culture.

  •     A lot of job applications will come in.
  •     More people will work for you.
  •     You’re going to get a lot of better people.
  •     Amazing talents will show up.

“The culture comes from the vision.”
“Vision all ties back in prediction.”

HERE’S HOW TO TAKE ACTION:

  • Take an inventory of the priorities in your business, the data points that help you determine whether or not those priorities are being reached; and the rhythm with which you check up on them.
  • Re-evaluate different kinds of priorities, daily, weekly, quarterly, and monthly.
  • Inject rhythms in your work.
  • Know your priorities and meet with your team.

 

MY BIGGEST TAKEAWAY!

“The more people who apply to your job positions, generally as a rule, the better people you’ll have in your organizations.”

 

ADDITIONAL TIPS:

  • ”If you’re building a cash flow that you can’t hire somebody to manage for you, you’re not building a business but a job.”
  • “An entrepreneur is someone who’s building cash flows that can be managed and scaled by other people so that you’re not building yourself a job.”
  •          Entrepreneurship always involves people working together.
  •          Focus on the skills you have and hone it!
  •          It’s a big plus for an entrepreneur to be good in expressing himself in writing.

MENTIONS:

  • Damien Reese
  • Benjamin Franklin’s autobiography
  • Book: Mastering the Rockefeller Process  by Verne Harnish
  • Book: On Writing Well by William Zinsser

SOURCES:

Business of People in Leadership Podcast: Learn Public Speaking with Laura Mathis

After a week of gleaning from podcast episodes, this is the best episode based on its takeaways.

The primary goal of PodcastTakeAways.com is to help listeners choose podcasts by providing information before they even listen to an episode. This will help them assess which one will provide them with maximized learning and enjoyment.

The Podcast Episode of the Week winner is:

Business of People in Leadership Podcast: Interview with Laura Mathis

JJ     In this episode, Jonathan Jarrell, host of jonathanjarrell.com invites Laura Mathis to the show!

Laura is a public speaker who is known for using acting elements in honing public speaking skills. She is also an excellent public speaking coach and a trainer. Laura is the author of the book Acting Skills for Lawyers which was published by the American Bar Association. She was also the founder of Sol Acting Academy, a school for film and theater acting which produced a number of Hollywood actors.

laura mathis

It is a vital aspect in business that we know how to be a good communicator to our clients and/or to our target markets.

Let’s learn from this episode as Laura talks about the techniques that make up a competent public speaker and the benefits it may bring to our business! 

 

Here’s what you’ll learn from this episode:

  • Techniques in making an interesting and a “catchy” speech.
  • The importance of preparation before you speak in public.
  • How to make a speech that would get the audiences’ attention.
  • Steps in constructing a speech:
    Research - Prepare slides or other visual presentations-  Rehearse )
     take notes before the speechppptvocal practic
  • Do’s and don’ts in using slide presentations.
  • Understanding the impact of public speaking to your audience.
  • How the audience watches every move and speech of the public speaker.audience listen
  • Overcoming nervousness in public speaking. nervous man
  • How to be confident in delivering your speech.
  • The importance of having passion in public speaking.
  • How to have a remarkable stage presence.stage-view
  • blog_boredHow to bring back the attention of your audience when they get bored:  
    -  Remind your audience why they are there
    .
    -  Don’t drown your audience with too much information
    .
    -  Make a connection with your audience.

  • The need for a leader to learn public speaking.
  • Feeling and owning the moment when you are speaking in front of the crowd.Obama speaks
  • Ways to improve in public speaking.
    -          Knowing and taping to your strengths.
    -          Working on your areas of opportunities.
    -          Having an appropriate and a variety of vocal tones.
    -          Proper execution of body gestures.  hand gestures
  • Laura’s worst clients.
  • Laura talks about her public speaking workshops.
  • Laura talks about her experience with TEDx.

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MY BIGGEST TAKEAWAY!

In public speaking, the best way to manage nervousness is to be prepared!

 

ADDITIONAL TIP:

- Know your material, rehearse out loud, go to the venue, set up the power point, consider the answers to the questions that may be asked - all of these things will build your confidence in public speaking.

MENTIONS:

  • TEDx -Program designed to help communities, organizations and individuals to spark conversation and connection through local TED-like experiences.
  • Book: Acting Skills for Lawyers by Laura Mathis
  • Sol Acting Academy – a school for film and theater acting

SOURCES:

STARVE THE DOUBTS: Interview with Bob Burg

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In this episode, host of Starve the Doubts, Jared Easley, invites Bob Burg to the show! Bob is the author of Adversaries into Allies: Win People Over Without Manipulation or Coercion – a how-to-book stuffed with real life stories that provide principles on how to influence people and win them over to your side. Bob-Burg-810

Aside from being known as a bestselling author for his other books, Bob is also as an international seminar speaker, relationship marketing authority, free marketing advocate, lover of liberty, and seeker of wisdom. Indeed, Bob is a man who has great passion for influencing people.

Let’s learn in this episode as Bob Burg talks about dealing with people the right way as well as managing your emotion. These make a good starting point in becoming a great “influencer”!

 

Here’s what you’ll learn from this episode:

  • How to improve your people skills.
    people skills
  • The potential questions that may lead to misunderstanding.
  • Who are the people with people skills.
  • We are all driven by our emotions. happy-sad-faces
    “As human beings we are emotional creatures. To a certain extent we are logical. But mostly, we are all emotion-driven.”
  • Taking over your emotions rather than allowing it to control you.
               “By all means take your emotions along for the ride but make sure YOU are driving the car.” 
  • Technical Skills versus People Skills
    - How to handle your boss with technical skills but lacks people skills. immature boss
  • Bob talks about his book Adversaries and Allies -Know more about!adversaries into alies
  • Handling situations properly today and in the future leads to a long lasting success
  • The Five Principles of Ultimate Influence!influence box
  1. Control your emotions.
  2. Understand the clash of belief systems.
  3. Acknowledge their ego.
  4. Set the proper frame.
  5. Communicate with tact and empathy.
  • Being able to say “NO” when you want to say no   
  • say-no-No for defensiveness, show more kindness and politeness – then surely you will not get into trouble when you say No!
  • Aligning your wants to  the wants of others sihlouette peopple

 

 

 

 

 _____________________________________________________________________

MY BIGGEST TAKEAWAY!

Influence is not really about us, it’s about other people.

 

ADDITIONAL TIPS:

  • Have short chapters in writing books – the shorter the better.
  • Influencers don’t “push.”  Great influencers “PULL” and attract people to their idea.
  • Make several studies of people skills.
  • Tact is the language of strength. We need this in correcting people.

MENTIONS:

SOURCES:

 

48 days online: You’re Wasting Time Throwing Stones

After a week of gleaning from podcast episodes, this is the best episode based on its takeaways.

The primary goal of PodcastTakeAways.com is to help listeners choose podcasts by providing information before they even listen to an episode. This will help them assess which one will provide them with maximized learning and enjoyment.

The Podcast Episode of the Week winner is:

48 days online: You’re Wasting Time Throwing Stones 

48. In this episode, host of 48 Days Online Radio show Dan Miller talks about how an entrepreneur should wisely deal with the circumstances he will face as he walks towards the road of success.

dan-miller

We all know that in business and in life, there will be a lot of obstacles that we ought to face in order to make a step forward towards our goals. But should we really be paying attention to all the distractions?

There may be times where we may be focusing too much on how to deal with and get out of the present obstacles.

Dan Miller encourages us in this episode to stop throwing stones at the barking dogs (distractions) along our way and just focus on where we are heading!

A Few Questions Covered in the Episode:

  • How does one meet with rich individuals when you’re surrounded by a sea of “broke folks?”
  • Can your job search methods work for people with criminal backgrounds as well as the long term unemployed?
  • Can I be a health coach if I’m overweight?
  • How can I develop connections if I’m an introvert?
  • After 20 years in my profession, I have been told that my skills are already stale.
  • I’ve always wanted to start my own business, but the risk it may bring to my family scares me and my wife.

Here’s what you’ll learn from this episode:

  • The DOG-BARKING distractions along the path of extra ordinary success.
  • barkingNon-millionaires associating with millionaires
  • Thinking like a millionaire before becoming a real millionaire.
  • The common characteristics of millionaires.
  • How to find authentic strengths even if not having an academic opportunity? – Thinking creatively!
  • Finding the best opportunities for the people out of prison – Prison Entrepreneurship Programs
  • Working on your unique skills to have some more improvement.
  • Jumping on to obstacles to open the door to extra ordinary success. creative obstacle
  • Committing to becoming the best that you can be.
  • Staying in the areas of your expertise.
  • Using your passion to rediscover what you need to do more next time.
  • Helping other people while sabotaging your personal goals.
  • How to work on special brands of businesses with a small target market.
  • Engaging the right business prospects.
  • Self transparency and recognizing your best potentials.
  • shyDealing with introversion and subsequently underdeveloped skills.
  • The great social skills of an introvert.
  • Taking a short term job as reasonable vehicle in developing your passion.
  • Continuing what you have been doing temporarily and coming back to your passion afterwards.
  • A start-up reasonable time for every passion.
  • How to handle an initially “do it all” business. Ex: Cookie Business
  • Promoting, selling and building a new name for your business.
  • Learning how to live “ON” your business rather than “IN” your business.
  • business-coaching-program-img-one-on-oneTransforming coaching as a business and as an immediate income generator.
  • Building success through individual coaching.
  • Creating a vision for your business.
  • Mapping out a step-by-step procedure of your business that aligns to your vision.
  • Being a family person and someone who pursues his dream at the same time.
  • Correcting the misconception about “risk thinking” to achieve business success.
  • Planning an execution instead of just risking.

_______________________________________________________________

MY BIGGEST TAKEAWAY! “You will never reach your destination if you stop and throw stones at every dog that barks.” – Winston Churchill.

ADDITIONAL TIPS:

  • “There are a lot of barking dogs around you. People around you distracting you, pulling you down at their level, may be a job or circumstance that holds you back.. They distract you, taking you away from what you’re doing.”
  • “Don’t spend a lot of time dealing with the barking dogs. Focus on where you’re heading towards, not where you’re heading away from.”
  • “You don’t have to be a millionaire to be associated with millionaires.”
  • “You don’t need to be perfect to be a coach.”
  • “You don’t need to change who you are if you recognize how you function best.”

MENTIONS:

  • Book: “Get Think and Grow Rich” by Napoleon Hill
  • Book: “Get the Strangest Secret” by Earl Nightingale
  • Book: “The Millionaire Mind” by Thomas Stanley
  • Book: “When helping others is hurting you” by Dr. David Hogans
  • “The Principles of 48 Days” by Dan Miller
  • Innovate2013.com

SOURCES:

Starve the Doubts: Interview with Paul Cardall

starve banner   This has been one of the best episodes for me in Starve the Doubts. I’m pleased that Jared Easley, host of the show, took a little side-track from the usual entrepreneurial topic and gave way for an interview with a very special guest.

paul cardall

          The man that I’m talking about is known to have touched the lives of many people through his inspiring music –New Life Album. He is no other than Paul Cardall who is also known for having survived and lived all his life by having a heart transplant. But there seems to be more than just having a new artificial heart that made Paul live life to the fullest.

          If you want to know more about this,
let’s hear from Paul Cardall as he spoke encouragement to everyone about having a lot of perseverance in pursuing your craft and never giving up in life! 

Here’s what you’ll learn from this episode:

  • Paul shares his story of being born with a heart defect and how he lived through it with a heart transplant. paul cardall as a baby
  • The support of Paul’s parents has always been his source of motivation.paul cardall family
  • Paul started to play piano during his teenage years that later become his craft.
  • Paul shares the greatest challenges he faced in life and how he was able to overcome them.paulcardall heart transplant
  • How Paul was able to cope with having regular heart surgeries as he grows older.
  • The story behind how Paul’s New Life album made a big hit despite being unrecognized by the crowd.
  • Know how Paul had success in his craft despite having:
    -          famous competitions in the music industry
    -          no label or popular title
    -          less media attentionpaul cardall new life
  • Paul shares the keys to getting where you’ve always wanted to be
    -          Perseverance in learning your craft.
    -          Studying your industry and the market.
    -          Persistency and dedication to enhance your talents and skills.
  • Paul shares the beauty of being in the “new age” market while his doing Christian Music.
  • Paul’s advice for people who wants to find success in pursuing their craft!paul cardall playing piano

-          Remember that each of us has our gifts, talents, and strengths.
-          Learn everything you can to master your skills.
-          Be as good as you can with your craft.
-          Involve people in what you’re doing and make them be excited about it!
-          Be aggressive in getting what you want and work to make it happen!

 

 ____________________________________________________________________

MY BIGGEST TAKEAWAY!

“Persistency, dedication, learning everything you can in your craft and talent, are the essentials for success”

“You should never give up, never surrender!”

 

ADDITIONAL TIPS:

  • Life is for living, laughing and loving whether you’re happy or not.” – Carol Pearson

MENTIONS:

  • Yanni – A  musical artist known for his original and deep compositions. He became one Paul Cardall’s biggest competitors when he was still starting in the industry
  • Carol Pearson – Author of The Transforming Leader, The Hero Within and more

SOURCES:

 

 

PODCAST OF THE WEEK: Lifestyle Business Podcast EP129 (A Business Idea Smackdown)

After a week of gleaning from podcast episodes, this is the best episode based on its takeaways.

The primary goal of PodcastTakeAways.com is to help listeners choose podcasts by providing information before they even listen to an episode. This will help them assess which one will provide them with maximized learning and enjoyment.

The Podcast Episode of the Week winner is:

Lifestyle Business Podcast EP129:  Business Idea Smackdown

lifestylebusiness

           The Lifestyle Business Podcast and Tropical MBA hosted by Dan Andrews and Ian Schoen are often confused as two similar shows. In this episode, Dan and Ian finally made it clear that the two shows provide different line of contents to give podcast listeners a more diverse source of topics.Tropical MBA

          In the case of The Lifestyle Business podcast, Dan and Ian meet once a week to share business information, while “everything else under the sun” is discussed  in the Tropical MBA Podcast.

          Moving forward to today’s topic, Dan and Ian talked about the advantages of  having multiple domains when you have a cohesive, solid, separate product. Having said this, The Dynamite Circle is a perfect example of a product that Dan and Ian have been working on. Dan_Ian_PG2

      For the rest of the episode, Dan and Ian combat against each other in giving the best ideas they have as they answer four challenge questions sent by the listeners of the show. The episode moves as the ring is set for a Business Idea Smackdown!  

 

 

Here is what you’ll learn from this episode:

  • When is it best to have different multiple domains?
  • What to market and where to market?

THE FOUR BUSINESS IDEA SMACK DOWN! boxing

ROUND I:    “Give yourselves the exact same situation when you first started your business in terms of cash and situation concerns… Looking back at what you’ve already done, what would you do differently?”

IAN: 

  • Pick markets that are big enough to keep my interest 5 years down the road.
  • Know the difference between a niche and a market place.
  • Construct a road map of your goals.map

“When we first started, we never really planned on success.”

“Back then, it was easy to get discouraged and wonder when we’re going to get that money because we didn’t have anybody around us doing what we’re doing.”

DAN: 

  • Have a clearer product rubric. Be more positive!
  • Learning the strength of the information product business.

“What I’ve wished I would have done is to have a little bit more intent and design behind what I knew I was good at and I knew we could do.” 

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ROUND 2:    “You have 5-10 thousand in the bank and no current income, with all the background skills needed, how do you get to 2 thousand monthly income as soon as possible? Where do  you get leads? Where will you live and how do you manage your clients?”

IAN:

  • Be in a place where you are surrounded with mentors.
  • Build a paid traffic team and services.
  • Distribute E-commerce customers on different platforms.

DAN

seo snip

  • Choose SEO consulting.
  • Strategize a monthly $1000 compensation by servicing SEO consultantsseo consultant

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ROUND 3:   “You have the two to three thousand dollar monthly income and your costs are low… How do you take it to the next level?”

DAN:

  • Figure out what’s delivering the most value for your clients.
  • Progressive production of products that give your clients more value.
  • Know which deliverable products are making the most difference in the market place.
  • Understand your Profit Margin (The scope of what you value most) 

“That first $2-3k that comes in the door is not my salary, that’s something an entrepreneur uses to build a team and a system.”

IAN:

  • Start hiring people immediately and get yourself out of the cash flow.
  • Work only on what entrepreneurs can do in the present situation.
  • Move to the next step: freedom of time, movement and new ideas!
  • Have other people around to build your business and get yourself a partner.
  • Build your salary by staying on a freelancer vortex.hiring people

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ROUND 4:   “What is the best opportunity right now to rip, pivot and jam?”

IAN:

  • Rip on the market place of your business!
  • Be transparent and focused on the business marketplace.meet them

DAN:

  • Model what other successful entrepreneurs are already doing.

 

MY BIGGEST TAKEAWAY!

“I’m not just gonna hire people to grow my business, I’m gonna hire myself to grow my business.”

- Hire people for expansion but be wholly involved with your business. You are your business’ core foundation.

 

ADDITIONAL TIPS:

  • “It’s a lot easier for us to make decisions in real life than it is in our inbox.”
  • “You have to choose to deny yourself on certain things in order to get other things in life.”

MENTIONS:

SOURCES:

Starve the Doubts: Interview with John Saddington

starve banner     In this episode, Jared Easley, host of Starve the Doubts, invites the developer of Pressgram, John Saddington, who is known for his prolific apps and software developments.

john-saddington

Being a person who is skilled in the art of building technological tools, we would learn how a passionate app developer like John was able to reach his success.

This episode moves as John Saddington talks about reaching your success by connecting with business partners; getting some passionate people to help; and bringing your theories to execution!

 

Here’s what you’ll learn from this episode:

  • John gives his view about conferences.
  • Know what to remember when re-branding.
  • John talks about business partnerships.
    -  Being comfortable with the insecurities of your business partners helps a lot.
    -  It’s good to have humorous conversations with them and treat them as friends.happy partners -  There will be conflicts with partnerships.
    -  Partnerships tend to end but a proper exit door should seal it.
    -  There may always be future opportunities for other business partners.
  • John shares the secret of having a successful product launch! 
    –“Get an army of passionate people!” braveheart
  • John talks about the challenges he faced during the process of Kickstarter Funding.
  • John challenges Kickstarters to double their giving!                                                     give              kickstarter
  • John overcomes self-doubt because of having people who always support and encourage him.
  • A  technique from John: Being less emotionally engaged in a situation. unlink
  • Two important questions to ask when assessing your team:  
    1.    How important are other people in the completion of your product?motivate your team
    2.    Is there a way to leverage the power of passionate people and give them a supercharged motivation?
  • The importance of transparency and honesty to yourself and to your team.
  • John shares how to handle doubts while being able to present a positive attitude.
  • John’s way of resisting negativity, resistance and self doubt? – Simply get your focus back to work!  stay focused
  • John shares a way to build a software using a pragmatic approach.
  • John talks about the features and what to expect from Pressgram.com pressgram

 

MY BIGGEST TAKEAWAY!

“Executions are far more important than theorizing. Go and do the things you feel in your heart you want to do and see what happens!”

 

ADDITIONAL TIPS:

  • “Idle hands can bring you more despair.”
  • “Get some help! There is no pride and reward by doing so much by yourself.”
  • “Get some people around you to help and you’ll go faster.”

MENTIONS:

  • Pressgram - An app developed by John Saddington that is used to filter and publish photos in your wordpress account.
  • KickStarter -The world’s largest funding platform for creative projects.

SOURCES