Sunday, July 29, 2012

The Title of 'Leader'

When an individual is in a position of power, it is traditional to call them a leader. But does a title necessarily make someone a leader?

The label of leader, when applied to an individual in authority, doesn’t always mean they have great leadership abilities. In business, one’s ascension to a position above their capabilities has become so commonplace that it is almost a proverb.

Perhaps it is not a proverb, but there is a term for it. According to the “Peter Principle,” an organization's members will eventually be promoted beyond their level of ability. More commonly phrased, "employees tend to rise to their own level of incompetence."

A title is irrelevant. Leadership qualities do not instantly transfer to the man or woman who ascends to the new role.

The fact is, though, everyone will be called upon to be a leader at some point in their life – and that includes you! In the course of business, in the community, in your home or within your associations, there will come a time when a leader will be needed. What happens when all the eyes turn to you? Will you be ready?

You may be called upon to be the leader in your family when there’s been a crisis, an illness, or maybe just a big decision that affects the whole family. A financial crisis can happen at any time, such as the loss of a job, the loss of major accounts in your business or maybe just a physical accident that causes financial hardship. You may need to be the one to step up as a leader to address the changing situation.

Sometimes being a leader in your community can be a lone voice standing up for what’s right, when the masses want to go the other direction. Everyone has a “community”, and either you’re leading in that community or it’s being led by others. It’s important to know the true qualities of a leader, so you can help determine if you’re leading – or being led – correctly.

What happens when others look to you for the answers, for insights on the next steps to take? What if your family, your company or your community simply needs one person with a good attitude when everyone else around is losing their head? It’s not a title or a position. It is simply the influence of others. And odds are there will be countless times when you are called upon to lead.

The only question is, when YOU are called upon to lead, will you be ready?

My recommendation for further reading on this topic is Mark Sanborn, “You Don’t Need a Title to be a Leader.”

Monday, July 9, 2012

Your Greatest Competition

your greatest competition
No matter your level of success, there is always at least one person who is out to beat you… determined to pass you and render you obsolete. Therefore, make sure that your greatest competitor is the future version of YOU.

How many times have you heard, “Your competition never sleeps?” How often have you been warned that your company should never be complacent, no matter your current level of success?

In the business world, competition is fierce. It is constant. When you are on top, many others are working on a plan to enhance what you provide, steal a share of your market, or worse, create the “game-changer” that makes your products or services obsolete. Even when you create the game-changer yourself, the competition is either already at work on the next one, or tearing your idea apart looking to create a better Version 2.0, while some simply want to knock you down.

Have you ever considered the same principles apply to you as an individual?

Perhaps you’ve seen someone plateau at work, only to be surpassed by a more determined candidate. Worse, you have probably witnessed someone take their eyes off the ball – through a lack of judgment or a misstep in character – virtually handing the prize to others.

Few recognize the power of competition, and even fewer will consider that competition important enough to warrant action. In time, those that fail to take action will be replaced, rendered obsolete, or at best left to dwell in relative mediocrity.

Most people reading this may think the message here applies to the business world, and only the business world. What if that same principle also carried over to every other aspect of your life? What if there is someone in competition for your spouse or significant other? What if someone is out to steal the attention of your children, vying to exert influence that should be reserved for you? What about your personal finances, and the financial principles that govern your treatment of money and your financial future?  Who is out to gain at your expense? Who is out to somehow negatively impact your mental, physical or spiritual fitness?

I don’t bring this up as some kind of “scare tactic”, but a true reminder that unless you’re PROactively improving your awareness, mindset and knowledge in the areas of business, family, finances and other key areas – you’re falling behind and leaving yourself vulnerable.

There is always someone out there trying to pass you, either by forging ahead or by bringing you down a notch. Sometimes both. Think about what is most important to you. Consider the fact that others are competing to take that away from you. What actions are you taking to assure that you’re able to overcome that competition, knowing that there will always be competitors?

Make the future version of you your greatest competition, and you’ll be starting on the right path for success and constant improvement in life and in business.

Wednesday, May 30, 2012

Inspiration for the Battle

I've assembled several of my favorite quotes - those that inspire my pursuit of a self-directed education. I hope they serve as inspiration for you as well!

“What we do on some great occasion will probably depend on what we already are; and what we are will be the result of previous years of self discipline.”
- H. P. Liddon

“You must take personal responsibility. You cannot change the circumstances, the seasons or the wind, but you can change yourself.”
- Jim Rohn

“Everyone is looking for a quick fix, but what they really need is fitness. People who look for fixes stop doing what’s right when pressure is relieved. People who pursue fitness do what they should no matter what the circumstances are.”
- Kevin Myers

“You want to set a goal that is big enough that in the process of achieving it you become someone worth becoming.”
- Jim Rohn

“The time to prepare isn’t after you have been given the opportunity. It’s long before that opportunity arises. Once the opportunity arises, it’s too late to prepare.”
- John Wooden

“Twenty years from now you will be more disappointed by the things that you didn’t do than by the things you did.”
- Mark Twain

“The greater danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it.”
- Michelangelo

“More often than not, the only thing between you and your dream is a rational excuse.”

- Mark Batterson, In a Pit with a Lion on a Snowy Day


A Self-Directed Education – Your Greatest Investment

I had always thought that my education ended with the formal "school system" process; information that someone else delivered, a curriculum leading to a diploma that someone would bestow upon me. Information that would prepare me for life.

Sure, I would eventually learn the skills required to succeed in my profession, and perhaps different skills from job to job. But I truly thought that the core of my education was over.

What I learned (pun intended) was that it had never ended. Instead, it was stronger than ever. I discovered that every day, often many times a day, I was learning from someone. Perhaps it was someone from the radio, television, or movies. Perhaps it was a co-worker, a buddy, or even a stranger. I was absorbing information. I was absorbing different ways of thinking. That information, repeated over time, formed my guiding principles and my life roadmap. Bottom line, it defined my worth.

My worth? Hold on, that one was a bit of a stretch. My diploma drove my worth, and my natural movement up the corporate ladder would drive my future worth. I'm not sure where along the way I learned that, but over time I found how untrue that would be.

What I instead learned was a critical guiding principle... that we are all compensated based on the size of the problems we are able to solve. Seriously? Yes. And by coincidence, I discovered it by reading new materials intended to develop such expertise.

The problem? The current information that represented my "education" was teaching me negative thinking, poor habits, lack of discipline. I was listening to complaints about the company and the inequities of the system. I was hearing that I was doing pretty good - certainly good enough. I had no time or concern for addressing the areas that were holding me back. That was lowering, not adding to, my value.

From the neck down, we are all minimum wage. That's a strong statement. The first time I heard it, it was a very convicting statement. While going about my work, I had never contemplated my value. I never contemplated my potential value. In my current position, I was being compensated based on the worth of the job I was performing. Indeed, for the size of the problems I was solving. It was my value in that role. But what was I doing to enhance that value, whether applied in that role or a future opportunity? What was I doing to exert value outside of my assigned role?

Added value comes from critical thinking, from knowledge put into action, and from the ability to influence. Even greater value comes from leverage and duplication. That added value produces profit and growth. Most often, it translates to the "soft skills." Leadership skills, if you would.

John Maxwell contends that "Leadership is influence - nothing more, nothing less."

One of my mentors shared a quote attributed to Charlie "Tremendous" Jones that, for me, made the ultimate connection: "Leaders are readers."

Critical leadership and personal skills, attributes that differentiate our value and drive our ability to influence, are rarely provided within our formal education. They are seldom delivered in a tidy seminar thereafter. More than anything, they are found through an investment of time, hard work, and perseverance.

Hard work, geared towards improvement, applied over time, leads to high achievement. An intentional self-directed education is where you learn the guiding principles that drive the greatest accomplishments.

Said another way, daily discipline, over time, produces change. Depending on the information, that can be a positive change or a negative one - the principle works the same in either direction.

Looking at the lives of successful people I studied - historical through the present day - I've found that anyone with high achievements was a voracious learner, constantly consuming positive information. In almost all cases, that learning was outside the formal education process.

What I learned was that, for me, my best chance for lasting growth and success was to constantly develop my skills in key areas - character, behavior, critical thinking, and positive attitude, just to name a few. I had to maximize my personal gifts, as well as develop and enhance a wealth of key skills, to truly compete, influence, and lead.

Almost a decade into this journey, with a lifetime of learning still ahead, I can honestly say that this pursuit has been the highest contributor to the successes I have enjoyed, the most significant source of the value, influence and impact that I provide, and the greatest reason for the hope and promise of my future.

"An investment in knowledge always pays the best interest." - Benjamin Franklin

A self-directed education is indeed the greatest investment you will ever make.

Friday, May 1, 2009

The History of Our Freedom

I've been watching the HBO mini series John Adams on DVD. What a powerful account of the efforts and sacrifices made by our forefathers to secure the freedom and liberties that our nation enjoys today.

There are likely several inaccuracies in this account compared to the true history of these events. Frankly, that's not going to make me throw out the overall message. The principles, and their basis, are too important to ignore.

I hope that more people study our history - the events, the foundations, the perspectives and the people - to better understand the origins of the freedom that was secured on our behalf. We need to learn from our history and foundational principles rather than discard them out of ignorance.

I would also hope that we would more carefully understand the references that we cite in our political arguments, such as our constitution and the bill of rights, to understand the true language and purpose behind the writings created to both document and preserve our freedom.

As one of my mentors often says, "Know why you believe what you believe."

What made us a free nation will keep us free. What made us strong will keep us strong. What was won on our behalf must be preserved.


"Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same."

Ronald Reagan

Wednesday, April 1, 2009

Success is a Decision

"I found every single successful person I've ever spoken to had a turning point and the turning point was where they made a clear specific unequivocal decision that they were not going to live like this anymore. That they were going to achieve success. And some people make that decision at 15 and some people make it at 50, and most people never make it at all."

Brian Tracy

Tuesday, March 17, 2009

The Incentive to Succeed

One of my network connections sent out a weekly commentary today. Great information to spur thought and conversation.

"Lyndon Johnson declared a War on Poverty, some 40+ years ago. Based on proposals I've seen, it appears that a War on Prosperity is on its way.

Current proposals would increase the top federal income tax rate to 39.6% for those with $200,000 in AGI, or $250,000 in AGI for joint filers.

In addition, about one-third of these earner's deductions would be disallowed, and we can expect payroll (FICA) taxes to be applied to all income over $250,000.

This combination of benefits will increase taxes for taxpayers in this bracket by about half. Finally, capital gains tax rates are expected to increase to 20%.

The beauty of this strategy is that the 2% of taxpayers affected cast only about 4% of the votes."

I was drawn to the final line about "votes" represented by the impacted taxpayers. I recall the recent elections and the campaign platforms, and put the entirety of this commentary in that perspective. It suggests that the slim minority of the voting public, affected by these proposals, lack the power to respond with any force in the ballot box.

I think that a review of history and a comparison of other national economies have both shown, however, that the general prosperity intended by this redistribution would eventually drive the opposite results. The incentive to succeed, to work towards prosperity, becomes a negative incentive when the fruits of those efforts are taken away. Over time, when the rewards diminish, the incentive to prosper fades as well.

I welcome your comments and insights.