Monthly Archives: March 2014

Scaling Up Excellence

Title: Scaling Up Excellence

Date: 2014-02-12

Speaker: Bob Sutton (Stanford)

Link: Entrepreneurial Thought Leaders

If anybody ever says to you that they’ve solved all of your problems for scaling they’re lying to you.

The people who scale badly are so focused on running up the numbers that they don’t realize they need to slow down and spread beliefs that propel scaling.

Live a mindset. Don't just talk about it.People need to know when to hit the brakes so you can accelerate scaling later.

Focus on hiring the right people.

When firms scale effectively (in hiring) they think about the mindset and not just the footprint.

The kind of mindset you need to scale an organization is going to vary widely from organization to organization depending on what the intent is.

The best organizations have the right mindsets for them.

Have relentless restlessness.

The hallmark of organizations that spread excellence is a feeling of accountability.

To change human behavior a rational argument won’t work. First get the emotions cranked up then link it to a tangible set of solutions.

Live a mindset. Don’t just talk about it.

What really changes the deep-seated beliefs we have is what our behavior is.

No matter what people are saying keep them moving forward.

As systems and projects get bigger you have to add more complexity.

Wait for things to crack a little bit but not break.

The purpose of hierarchy is to destroy bad bureaucracy.

As teams get to ten people you spend more times on organizational chores and less time on work.

A deep pocket of excellence spreads from one place to another.

Bad interactions pack five times the whop as good interactions.

Get rid of the bad first.

The most effective groups take the path of most resistance.

A lot of what a leader’s job is to change attention from how much today sucks to how great it will be in the future.

Leadership is a learned skill that most, but not all, people can learn.

Leadership is a complicated thing.

Know when to not give a shit.

Shaping the Future of Data

Title: Shaping the Future of Data
Date: 2014-02-05
Speaker: Gurjeet Singh, Gunnar Carlsson, Ann Miura-Ko (Ayasdi)
Link: Entrepreneurial Thought Leaders
 
Hypotheses are a subset of a large table. (Gurjeet Singh)
The business is about turning data into knowledge automatically. (Gurjeet Singh)
Keep your eyes open for opportunities for using some bits (of big data) more immediately. (Gunnar Carlsson)
If you’re an engineer you know math but you know you don’t know math very well. (Garjeet Singh)
In computational fluid dynamics you pretty much solve simple problems over and over again. (Garjeet Singh)
Not only do you need to be smart but you need to want to do something, to carry something out, to actually solve a problem as opposed to writing a paper. (Gunnar Carlsson)
There is a huge amount of available math out there. (Gunnar Carlsson)
There is a bunch of low hanging fruit in math. It is worth spending some time trying to fish it out. (Garjeet Singh)
There is a whole spectrum. On one end is the theory and on the other end is the application. (Gunnar Carlsson)
You want to be able to prototype things quickly and test against actual applications. (Gunar Carlsson)
People creating large data sets might not be the best people to analyze them. (Garjeet Singh)
Get out of the building. (Garjeet Singh)
For any action you should be able to say what you’re going to do with it. (Garjeet Singh)
Big data is a meaningless term. (Garjeet Singh)
It is okay to have a solution and search for a problem. It can be made to work. (Garjeet Singh)
Get rid of the notion there is bad data. (Ann Miura-Ko)

Growing a Business with Style & Virtual Staff, with Antonio Centeno

NBP043 – Growing a Business with Style & Virtual Staff, with Antonio Centeno
Date: 2014-02-20
Link: New Business Podcast
 
People are hungry for good information.
Video sells like crazy.
The more specific you get the more content you can create. You also answer people’s questions better.
The right customer wants to take action.
Checklists are important.
Book: The Checklist Manifesto
Have checklists for everything your V.A.s do.

The Business of YOU: Why Building Your Brand is Paramount to Success!

NBP042 – The Business of YOU: Why Building Your Brand is Paramount to Success!
Date: 2014-02-13
Link: New Business Podcast
 
When you build the business of you nobody can copy it. It is 100% original.
We now want a people-to-people connection.
We need to become prolific content creator and marketer.
Have inspirational content.
Listen to your audience. They will determine what the business of you will become.
You must monetize your brand.
A monetized brand shows authority.
If you want to be seen as an influencer within your niche you must be seen to sell.

Starting Up, with Foundation Co-Founders Andy Drish & Dane Maxwell

NBP041 – Starting Up, with Foundation Co-Founders Andy Drish & Dane Maxwell
Date: 2014-02-11
Link: New Business Podcast
 
Surround yourself with people you can trust and lean on.
Building a business is lonely.
Idea extraction is when you call businesses and ask them what their largest problem is and the pain points associated with it.
Most people want financial security and end up getting 9 to 5 security.
Presell your products.
You can do anything you want to do.
There are no set rules.
Outsourcing is about getting the right people onboard with you.
Your greatest gift is often one that gets you in trouble.
At the beginning you need to focus on your mindset more than anything.

Customer Service, Killing Kittens and Unmarketing, with Scott Stratten

NBP040: Customer Service, Killing Kittens and Unmarketing, with Scott Stratten
Date: 2014-01-23
Link: New Business Podcast
 
Most businesses did not want the conversations that social media generates. They want the compliments but they don’t want the negative.
Social media is about two way conversations.
You need to be consistent across all channels when it comes to customer service.
There is no separation between customer service and marketing.
Customer service can be our strongest marketing.
Being awesome has an ROI.
The most important thing is immediacy (when it comes to social media responses).

The Ultimate Content Marketing Fireside Chit-Chat, with Joe Pulizzi

NBP039 – The Ultimate Content Marketing Fireside Chit-Chat, with Joe Pulizzi
Date: 2014-01-14
Link: New Business Podcast
 
If you’re not involved in content marketing then you’re going to be left behind.
Be consistent.
You need to create things that are useful and entertaining.
You have to fill a need.
You have to go really, really niche.
You have to be the Must See TV of your industry.
Talk like a human being.
You cannot be vanilla.
You have to take a stance.
The more you try to sell the less it will be shared.
You need to be the best of breed in your industry.
You’ve got to build a great team.
Everything, other than strategy, is open to being outsourced.

Building Systems to Super-Charge Your Business, with James Schramko

NBP038 – Building Systems to Super-Charge Your Business, with James Schramko
Date: 2014-01-06
Link: New Business Podcast
 
The confidence level to start a business is different than the confidence level to be an employee.
If something is taking you off track you stop doing it.
Genuniely solve a problem.
Make sure you stuff is shareable.

How Virtual Staff Saved My Business and My Life, with Leslie Samuel

NBP037 – How Virtual Staff Saved My Business and My Life, with Leslie Samuel
Date: 2013-12-27
Link: New Business Podcast
 
Know the message that you’re trying to deliver people.
Know who you’re trying to deliver it to.
Be consistent with your message. That is branding.
When you’re self-employed every single mistake you make is a learning session.
Make sure your stuff is shareable.

How to Sell the First 1,000 Copies of Your Own Book, with Tim Grahl

NBP036 – How to Sell the First 1,000 Copies of Your Own Book, with Tim Grahl
Date: 2013-12-12
Link: New Business Podcast
 
A book can and should be a community effort.
If you can get to 1,000 and keep working the system then getting to 5,000 won’t be as hard.
When it comes time to sell the book share a lot of it.
People will want to buy your book for different reasons.
Nothing is worse that releasing a book and having nobody ready to buy it.
It is better to have a long game plan.
Have content that is evergreen.
Get permission to stay in touch with your readers long term.
Everybody has got a book in them.