Business

  • Conditioning Yourself to Take the Best Next Step

    090711 HMG at the YMCA 250

    Is How You Do Something … How You Do Everything?

    I'm beginning to think so.  To make the point, let me start with a brief story. 

    I was at the gym and getting pretty close to the end of my workout.

    Frankly, I was at a point where being done was more attractive than the option of doing additional exercise.

    Over time I've developed many habits and beliefs that focus on finding best next step or a way to do just a little bit more. So this time, I used reverse-counting to help me finish that workout strong.

    I started with 10 push-ups. I know I can do 10 push-ups, even at the end of a hard workout. Without putting my knees down, I can rest in plank position for a moment or two … then I do nine more push-ups. That has to be easier than 10, right? Then eight more … seven … six. You get the point.

    Each set is a little bit harder than the one before; but mentally I'm prepared for it, and can convince myself that I'm so much closer to the goal.

    So I get to three, and sweat is dripping off my nose, my arms are shaking, and my hips want to sway. Somehow knowing that there's only two more sets, then only one more, allows me to finish.

    That story could have been about creating profitable trading systems, developing a new database, or recovering from a set-back.  It's about finding a way, regardless of external circumstances.

    Finding a Way to Do Just a Little Bit More.

    There are many times that it seems easier to do nothing, or to give up. That's just not my nature. It's not in my "nurture" either.

    My father used to say that the secret to success was getting up. What he meant was that if someone knocked you down 10 times, then the secret to success was getting up 11 times. And if someone knocked you down another time, then the secret was to get up 12 times. There's a lot of truth in that.

    I laugh when I think of all the little things I do that condition me to take the best next step. Here are a few examples of small things that help define that mindset.

    • I never stop reading until I finish a chapter.
    • Also, when I play a strategy game on my iPhone, I never stop until I win.
    • And, when I play a strategy game that I'm good at, I never stop until I achieve a certain score. 

    It doesn't matter if I'm frustrated or tired.  I find a way.  Each, in its own small way, helps condition me to know that I can do anything I commit to.  Taking that a little further, regardless of what happens, my outcome depends most on what I choose to do.

    Sometimes that seems silly, or even a little bit OCD to me. Yet, it serves me.  There's a lot of freedom that comes with knowing that the game's not over until I say it is … or until I win. Likewise, it's comforting to know that there's always a best next step, or at least a different perspective that will create new opportunities and possibilities.

    Nike-just-do-it I to do that in business as well. We focus on the progress we're making, and what that makes possible, rather than how far we are from the ultimate goal. Why? Because as we continue to make progress, the things we shoot for are bigger and farther away. Focusing there would always show a shortfall. Obstacles and set-backs become the raw material for new growth, ideas and strategies.  The trick is getting back up, isn't it?

    Sometimes the best advice is simple. Nike got it right in their ad … Just Do It.

  • Conditioning Yourself to Take the Best Next Step

    090711 HMG at the YMCA 250

    Is How You Do Something … How You Do Everything?

    I'm beginning to think so.  To make the point, let me start with a brief story. 

    I was at the gym and getting pretty close to the end of my workout.

    Frankly, I was at a point where being done was more attractive than the option of doing additional exercise.

    Over time I've developed many habits and beliefs that focus on finding best next step or a way to do just a little bit more. So this time, I used reverse-counting to help me finish that workout strong.

    I started with 10 push-ups. I know I can do 10 push-ups, even at the end of a hard workout. Without putting my knees down, I can rest in plank position for a moment or two … then I do nine more push-ups. That has to be easier than 10, right? Then eight more … seven … six. You get the point.

    Each set is a little bit harder than the one before; but mentally I'm prepared for it, and can convince myself that I'm so much closer to the goal.

    So I get to three, and sweat is dripping off my nose, my arms are shaking, and my hips want to sway. Somehow knowing that there's only two more sets, then only one more, allows me to finish.

    That story could have been about creating profitable trading systems, developing a new database, or recovering from a set-back.  It's about finding a way, regardless of external circumstances.

    Finding a Way to Do Just a Little Bit More.

    There are many times that it seems easier to do nothing, or to give up. That's just not my nature. It's not in my "nurture" either.

    My father used to say that the secret to success was getting up. What he meant was that if someone knocked you down 10 times, then the secret to success was getting up 11 times. And if someone knocked you down another time, then the secret was to get up 12 times. There's a lot of truth in that.

    I laugh when I think of all the little things I do that condition me to take the best next step. Here are a few examples of small things that help define that mindset.

    • I never stop reading until I finish a chapter.
    • Also, when I play a strategy game on my iPhone, I never stop until I win.
    • And, when I play a strategy game that I'm good at, I never stop until I achieve a certain score. 

    It doesn't matter if I'm frustrated or tired.  I find a way.  Each, in its own small way, helps condition me to know that I can do anything I commit to.  Taking that a little further, regardless of what happens, my outcome depends most on what I choose to do.

    Sometimes that seems silly, or even a little bit OCD to me. Yet, it serves me.  There's a lot of freedom that comes with knowing that the game's not over until I say it is … or until I win. Likewise, it's comforting to know that there's always a best next step, or at least a different perspective that will create new opportunities and possibilities.

    Nike-just-do-it I to do that in business as well. We focus on the progress we're making, and what that makes possible, rather than how far we are from the ultimate goal. Why? Because as we continue to make progress, the things we shoot for are bigger and farther away. Focusing there would always show a shortfall. Obstacles and set-backs become the raw material for new growth, ideas and strategies.  The trick is getting back up, isn't it?

    Sometimes the best advice is simple. Nike got it right in their ad … Just Do It.

  • Impressions About the New iPhone

    Hello, my name is Howard; and I'm a gadget addict. This week I went out and upgraded to the new Apple iPhone 3GS, even though my 3G worked fine. I had to, though; didn't I?

    090712 iPhone impressions It's the fastest, most powerful iPhone yet. It has video, and my old phone didn't have video. It has a compass; and you know I need a compass. Okay, I don't need a compass; but apparently the new turn-by-turn mapping capability needs a compass to understand which direction you're turning (and that's pretty cool). It has voice control to dial the phone, play music, and otherwise avoid typing. And it has double the storage capacity, which I'm sure still won't be enough.

    Actually, I'm very happy with the new phone and the upgrade process. I connected it to my computer, and all the applications and settings from my prior version migrated all by themselves. Even the high score lists for games I play transferred. More importantly, the phone does everything I expected, and seems faster.

    And, of course, I no longer have iPhone envy. The fact that I waited a week after it came out to order mine took amazing willpower. I thought about it so many times that it was no longer worth it to wait. So Happy Birthday to me, a few weeks early.

    Joking aside, the iPhone has become an important business tool for me. I am more surprised about how much less I use my laptop, than I am about how much I use the iPhone.

    Even when I'm in a meeting, I have access to the internet. I can search Google.  Or even better, I can use Twitter or Facebook to crowd-source an answer. It's almost like being able to "Call a Friend" or "Ask the Audience" on "Who Wants to Be a Millionaire".

    One of the features I like best, is being able to use my voice instead of typing. So, I can quickly look-up a contact by saying their name. It's surprising how many places voice control like this comes in handy. For example, Google has an iPhone application that allows you to search by speaking. So I could speak an address, and the Google map comes up. Or, I could say "stock price for Apple", and the current quote and chart comes up. Similarly, I use an application called Jott to verbally capture tasks, ideas, and to-do items. The service transcribes what I say and puts it into my task list. It's important because I'm now capturing things that used to slip through the cracks.

    I'll review some of the more helpful iPhone applications in a later post. In the meantime, if you don't have the new iPhone, I recommend you go check them out. It's a very fine piece of technology.

  • Impressions About the New iPhone

    Hello, my name is Howard; and I'm a gadget addict. This week I went out and upgraded to the new Apple iPhone 3GS, even though my 3G worked fine. I had to, though; didn't I?

    090712 iPhone impressions It's the fastest, most powerful iPhone yet. It has video, and my old phone didn't have video. It has a compass; and you know I need a compass. Okay, I don't need a compass; but apparently the new turn-by-turn mapping capability needs a compass to understand which direction you're turning (and that's pretty cool). It has voice control to dial the phone, play music, and otherwise avoid typing. And it has double the storage capacity, which I'm sure still won't be enough.

    Actually, I'm very happy with the new phone and the upgrade process. I connected it to my computer, and all the applications and settings from my prior version migrated all by themselves. Even the high score lists for games I play transferred. More importantly, the phone does everything I expected, and seems faster.

    And, of course, I no longer have iPhone envy. The fact that I waited a week after it came out to order mine took amazing willpower. I thought about it so many times that it was no longer worth it to wait. So Happy Birthday to me, a few weeks early.

    Joking aside, the iPhone has become an important business tool for me. I am more surprised about how much less I use my laptop, than I am about how much I use the iPhone.

    Even when I'm in a meeting, I have access to the internet. I can search Google.  Or even better, I can use Twitter or Facebook to crowd-source an answer. It's almost like being able to "Call a Friend" or "Ask the Audience" on "Who Wants to Be a Millionaire".

    One of the features I like best, is being able to use my voice instead of typing. So, I can quickly look-up a contact by saying their name. It's surprising how many places voice control like this comes in handy. For example, Google has an iPhone application that allows you to search by speaking. So I could speak an address, and the Google map comes up. Or, I could say "stock price for Apple", and the current quote and chart comes up. Similarly, I use an application called Jott to verbally capture tasks, ideas, and to-do items. The service transcribes what I say and puts it into my task list. It's important because I'm now capturing things that used to slip through the cracks.

    I'll review some of the more helpful iPhone applications in a later post. In the meantime, if you don't have the new iPhone, I recommend you go check them out. It's a very fine piece of technology.

  • The Flow of Planning

    090705 Compass I was in Columbus Ohio last week for a series of meetings and strategic planning sessions.

    I love getting away from the business in order to work on the
    business. That means stepping back from day-to-day issues, to look at
    the bigger picture. It also means getting back in-touch with goals and
    intent.

    In a sense, the process acts like a compass, which sets the general direction for the journey.

    In addition, preparing for a series of meetings, like this, is a lot like working on a business plan.

    Personally, I've found that that one of the primary benefits of
    creating a business plan has almost nothing to do with the plan itself.
    Working on the plan, immersing yourself in the ideas and possibilities,
    and ultimately choosing what stays-in, versus what's filtered out …
    there is magic in that.

    Yes, the plan is important.  But it is the planning that takes you from thinking … to feeling … to knowing.  That's where the real benefit of business planning comes from.

    A Good Sign.

    Sometimes you hear a question and it takes the air out of an idea.
    Other times a question helps you make a new distinction or consider an
    alternate and better course of action.

    At our planning sessions, last week, there was a lot of those
    pushing, pulling, probing, and deep thought … yet it built momentum. 
    So, I felt like we were on the right track.

    How to Tell You Are On the Right Track.

    I
    tend to be analytical.  Yet, over time, I've come to believe that one
    of the best tools to measure whether you are on the right track is how
    you feel.

    Have you ever gotten a phone call from someone, and when you saw or heard that it was from them, you wilted?  In
    contrast, have you ever become more animated and energized while
    interacting with someone else?  It is easy to recognize the difference. 

    Each person has different thoughts, people, or situations that trigger these positive and negative states.

    In sports, this positive state is often referred to as being "in-the-Zone".  It is also called "Flow". 
    It happens when someone is fully immersed in what they are doing, and
    has a feeling of energized focus or awareness, full involvement, and
    success in the process of their activity.

    090705 Challenge_vs_skill

    Being in Flow feels good. On some level, when you are in Flow, you know you're on the right track.

  • The Flow of Planning

    090705 Compass I was in Columbus Ohio last week for a series of meetings and strategic planning sessions.

    I love getting away from the business in order to work on the
    business. That means stepping back from day-to-day issues, to look at
    the bigger picture. It also means getting back in-touch with goals and
    intent.

    In a sense, the process acts like a compass, which sets the general direction for the journey.

    In addition, preparing for a series of meetings, like this, is a lot like working on a business plan.

    Personally, I've found that that one of the primary benefits of
    creating a business plan has almost nothing to do with the plan itself.
    Working on the plan, immersing yourself in the ideas and possibilities,
    and ultimately choosing what stays-in, versus what's filtered out …
    there is magic in that.

    Yes, the plan is important.  But it is the planning that takes you from thinking … to feeling … to knowing.  That's where the real benefit of business planning comes from.

    A Good Sign.

    Sometimes you hear a question and it takes the air out of an idea.
    Other times a question helps you make a new distinction or consider an
    alternate and better course of action.

    At our planning sessions, last week, there was a lot of those
    pushing, pulling, probing, and deep thought … yet it built momentum. 
    So, I felt like we were on the right track.

    How to Tell You Are On the Right Track.

    I
    tend to be analytical.  Yet, over time, I've come to believe that one
    of the best tools to measure whether you are on the right track is how
    you feel.

    Have you ever gotten a phone call from someone, and when you saw or heard that it was from them, you wilted?  In
    contrast, have you ever become more animated and energized while
    interacting with someone else?  It is easy to recognize the difference. 

    Each person has different thoughts, people, or situations that trigger these positive and negative states.

    In sports, this positive state is often referred to as being "in-the-Zone".  It is also called "Flow". 
    It happens when someone is fully immersed in what they are doing, and
    has a feeling of energized focus or awareness, full involvement, and
    success in the process of their activity.

    090705 Challenge_vs_skill

    Being in Flow feels good. On some level, when you are in Flow, you know you're on the right track.

  • Software to Help You Manage Your Mind

    Visual Thinking, Idea Mapping or Mind-Mapping … whatever you call it, there are some terrific new tools available to help you think, plan and write better.

    I find I'm using it more often and for more things, like: note-taking, process maps, brainstorming and presentations.

    How Does It Work?

    Mind-Mapping is related to outlining. So you already know how to do it.  It is intuitive, and makes it
    easy to see thought structure and relationships. It also makes it easy to review and re-organize the framework that organizes your data. Here is an example showing what you can do with a tool like this.

    090607 Uses of MindMaps

    How Can You Use Mind-Mapping Software?

    I use this type of software like a virtual whiteboard.  It helps me organize a meeting or present a thought process. What used to be a form on a piece of paper, now becomes the dynamic center of collective focus.  For example, here is a map template from Mindjet's MindManager; it is used to evaluate an
    idea using SWOT analysis (which stands for: strength, weakness,
    opportunity, and threat).

    090607 SWOT

    The structure of the outline and actually
    helps control focus and trigger new ideas. And the software allow me to add detail and new items in any order.  The result is better understanding and often, new ideas and possibilities.

    Brainstorming.

    The computer age has made it a lot easier for me to collect data. Then what? Data is a raw material, but I often want to think better …
    rather than to just have more data. So, I use visual thinking tools to help me
    make sense of lots of ideas. It often helps me see relationships and
    move items around to places where they fit better, or trigger new
    thoughts.

    PostIt_Board 278p For brainstorming, the software is a lot like writing ideas on Post-It Notes and moving them around on a whiteboard.  I like being able to enter information the order
    that occurs to me, rather than having to understand the bigger picture.

    In fact, it's by placing all the seemingly random bits of information
    page and dragging them around into piles, that the bigger picture often
    reveals itself to me.

    To do that, I try to figure what relates the piles, and I create a label for that category. I then try to figure out how categories fit together, and ultimately come up with a better understanding of the thought framework. From there, it doesn't take much work to fill out weaker areas of the outline, adding an idea here, moving an idea from there.

    The Software Tools.

    Even if you tried a tool like this before, it is time for a fresh look.  These tools have evolved and are worth having and using.

    Mindjet's MindManager is the tool I use most often. The current version is stable and mature, with a nice feature set and the ability to export information into a variety of programs and formats. I especially like the new option to export a live branching version of the mind map in PDF format.

    090607 MindJet Example

    Mindjet offers a template gallery for you to download 70+ sample maps to use.

    Another tool I've been using more of lately is Tony Buzan's iMindMapBuzan is a well-known proponent of mind mapping and has created a visually appealing tool.

    090607 Creative Solutions Examples with iMindMap

    It's compelling, and I'm trying to use it more. They also have a nice collection of videos explaining the software and concepts behind mind-mapping that is worth exploring.

    Personally, though, for real work I find myself going back to Mindjet product.

    In addition, there's an open-source version called FreeMind. Here's the link to try that tool as well.

  • Software to Help You Manage Your Mind

    Visual Thinking, Idea Mapping or Mind-Mapping … whatever you call it, there are some terrific new tools available to help you think, plan and write better.

    I find I'm using it more often and for more things, like: note-taking, process maps, brainstorming and presentations.

    How Does It Work?

    Mind-Mapping is related to outlining. So you already know how to do it.  It is intuitive, and makes it
    easy to see thought structure and relationships. It also makes it easy to review and re-organize the framework that organizes your data. Here is an example showing what you can do with a tool like this.

    090607 Uses of MindMaps

    How Can You Use Mind-Mapping Software?

    I use this type of software like a virtual whiteboard.  It helps me organize a meeting or present a thought process. What used to be a form on a piece of paper, now becomes the dynamic center of collective focus.  For example, here is a map template from Mindjet's MindManager; it is used to evaluate an
    idea using SWOT analysis (which stands for: strength, weakness,
    opportunity, and threat).

    090607 SWOT

    The structure of the outline and actually
    helps control focus and trigger new ideas. And the software allow me to add detail and new items in any order.  The result is better understanding and often, new ideas and possibilities.

    Brainstorming.

    The computer age has made it a lot easier for me to collect data. Then what? Data is a raw material, but I often want to think better …
    rather than to just have more data. So, I use visual thinking tools to help me
    make sense of lots of ideas. It often helps me see relationships and
    move items around to places where they fit better, or trigger new
    thoughts.

    PostIt_Board 278p For brainstorming, the software is a lot like writing ideas on Post-It Notes and moving them around on a whiteboard.  I like being able to enter information the order
    that occurs to me, rather than having to understand the bigger picture.

    In fact, it's by placing all the seemingly random bits of information
    page and dragging them around into piles, that the bigger picture often
    reveals itself to me.

    To do that, I try to figure what relates the piles, and I create a label for that category. I then try to figure out how categories fit together, and ultimately come up with a better understanding of the thought framework. From there, it doesn't take much work to fill out weaker areas of the outline, adding an idea here, moving an idea from there.

    The Software Tools.

    Even if you tried a tool like this before, it is time for a fresh look.  These tools have evolved and are worth having and using.

    Mindjet's MindManager is the tool I use most often. The current version is stable and mature, with a nice feature set and the ability to export information into a variety of programs and formats. I especially like the new option to export a live branching version of the mind map in PDF format.

    090607 MindJet Example

    Mindjet offers a template gallery for you to download 70+ sample maps to use.

    Another tool I've been using more of lately is Tony Buzan's iMindMapBuzan is a well-known proponent of mind mapping and has created a visually appealing tool.

    090607 Creative Solutions Examples with iMindMap

    It's compelling, and I'm trying to use it more. They also have a nice collection of videos explaining the software and concepts behind mind-mapping that is worth exploring.

    Personally, though, for real work I find myself going back to Mindjet product.

    In addition, there's an open-source version called FreeMind. Here's the link to try that tool as well.

  • Seth Godin: Why Tribes, Not Money Or Factories, Will Change The World

    Terrific video from the TED series.

    Seth Godin argues the Internet has ended mass marketing and revived a human social unit from the distant past: tribes. Founded on shared ideas and values, tribes give ordinary people the power to lead and make big change. He urges us to do so.

    Direct link to the Seth Godin's Tribe Talk at TED.

    I'm seeing more examples of Tribes. For example, Facebook and Twitter have become an important part of my day and business process.  I am pleasantly surprised by how many people have offered ideas, opinions and insights that make a difference and move things forward.

    Everything old is new again.  Welcome to the tribe.

  • Seth Godin: Why Tribes, Not Money Or Factories, Will Change The World

    Terrific video from the TED series.

    Seth Godin argues the Internet has ended mass marketing and revived a human social unit from the distant past: tribes. Founded on shared ideas and values, tribes give ordinary people the power to lead and make big change. He urges us to do so.

    Direct link to the Seth Godin's Tribe Talk at TED.

    I'm seeing more examples of Tribes. For example, Facebook and Twitter have become an important part of my day and business process.  I am pleasantly surprised by how many people have offered ideas, opinions and insights that make a difference and move things forward.

    Everything old is new again.  Welcome to the tribe.