How To Embrace the 90/10 Rule

So many principles, so little time.  Today, I want to tackle the 90/10 principle (10% is the unexpected good or bad, 90% is what you choose) in relation to our life and career.

For many years I was told by mentors and colleagues that the 90/10 rule was important.  In the early years, I didn’t want to have the responsibility for 90% of my life.  It seemed so permanent to face the consequences of my choices.  And I certainly didn’t like the idea of the 10%.  Who wants to be at the mercy of the unexpected?

It was about 10 years ago that I really became conscious of the principle.  So much so that it now is a part of my culture.  I use the term conscious because unconscious living leads to incongruent values (I say exercise is important, but I never do it) or plain old hypocrisy.  No judgment here, but you need to be awake.

Here’s how to embrace the 90/10 rule:

  • You must embrace because the 90/10 rule embraces you.  Like it or not.
  • When you embrace, your emotional intelligence goes way up.  All of sudden you think before you act.
  • You must tame the beast inside.  Call it misplaced ambition, preoccupation with the opinions of others or greed.  When you realize that 90% of life is what you choose, you’ll think twice about walking all over people.
  • You’ll begin to think about your foundation.  Is it sand or stone?  When the unexpected comes what will keep you anchored?
  • Embracing the rule will simplify things.  It won’t make life easy, but it will make you decide what’s most important in career and life.
  • You’ll make the breakthrough to realizing that no one/organization can make you happy.  Happiness is a choice (there’s that 90% again) and only you can make this one.
  • You’ll stop being afraid of your destiny and get on with the mission.
  • The Oscar for best motion picture should be your life.

Reach out to me if you need help or more direction.

What’s Entrepreneurism Got To Do With It?

The answer to my post title question is; legacy. So, what’s entrepreneurism got to do with legacy?

I’ve found that God is using this thing called entrepreneurism as a tool to help shape my legacy.  And legacy is important.  For me, for my wife, for my kids, for my followers, for those I haven’t met yet, and the movie that is called “my life.” I don’t always like the journey, but the shaping is undeniable.

In our world today we dig tangible return.  For example, if I invest $10,000 in the stock market, I want a return of 8%.  That’s great, but who remembers the return and how long does the euphoria last once you get it?  Never lasted long for me…more like sand in my hands.  But with legacy, you’re dealing in the currency of faith.  Faith that what you’ve poured in will produce something brilliant further down the road.  I’ve guided many down this road, and yes it’s hard.  Funny how they tend to not look back when they embrace the first steps.

Here are some areas of my legacy entrepreneurism has, and is helping:

  • Fear – I very rarely utter or think the words “what if.”
  • Failure – Entrepreneurism has taught me that multiple failures that create breakthroughs are like finding diamonds
  • The Why Question – This is no longer a mystery.  My answer to the why question is; I do what I do to inspire people to find and live out their epic life
  • Communication – I now have an urgency to get the point across.  Not to win the argument or sell something, but to be clear and firm
  • Physical Health – Took it for granted in the corporate experience and became soft.  Entrepreneurism is teaching me to always discover my limits physically
  • The Beauty of Wine – Finally had the courage to slow down and embrace my 5 senses
  • My Feelings – Finally came to the understanding that I feel everything-deeply.  I’ve come to hate this and be joyous about it as well, but feeling deeply always reminds me that I am Fully Alive.

So what’s helping you with your legacy?  And by the way, you’re building one whether you know it or not.

5 Questions with Dr. Andrew Thorn, Author of Leading with Your Legacy In Mind

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This edition of 5 Questions features Dr. Andrew Thorn. Dr. Thorn wrote a guest post on legacy last year, so I was excited when I had the opportunity to interview him about his new book Leading with Your Legacy In Mind. I know you’ll love our conversation and the book as well.

 

In the preface for the book, you give a personal take on the struggle between career and family. What’s one strategy from the book that could help someone breakthrough?

Choose to be guided by purpose instead of passion. The purpose of your work is not to be passionate, it is to be useful, to be honorable, and to be of value to your community. When we align with our passion we are constantly caught in the struggle of trying to feed our own self-interests. When we align with our purpose we make a difference, we add value, and we connect our actions to our values.

In our society, fame (even on a small scale), money and status drive many of us to leave our legacy in the dust. Is legacy becoming a forgotten art?

We have forgotten what legacy means and so naturally creating a legacy is a forgotten art. Too often we confuse it with impact, but that is what others feel. We carry our legacy with us. It is the ultimate answer to the question “Who am I?” That is why it is so important for each of us to live and lead with our legacy in mind.

You have a chapter in the book addressing the move from change to growth. What’s that all about?

Change is always driven by external pressures. None of us change because we want to, or because we like to. We may tell ourselves that we do it for those reasons, but in our most truthful moments, we recognize that we only change when we have to. When we do for external reasons, we rarely can sustain the change.

Growth on the other hand is internally motivated. It is the answer to our deepest yearnings and aspirations. It comes about as a result of true desire. This is what makes growth easier to sustain. There are still challenges and trials along the way, but we are committed to our own idea, so we keep at it when the going gets tough.

I read recently, that organizations spend billions on leadership development annually. Are we getting a good ROI in developing leaders?

Sadly, most leadership development initiatives fail to live up to their promise. This is because they are generally focused on the wrong things. Leadership is not a competency or a skill. It is a behavior. Most organizations are ill equipped to measure and manage behavior, but they are very effective at measuring and managing performance. Naturally, and without a lot of effort, most leadership development initiatives become nothing more than just another performance management strategy. When a leadership initiative becomes tied to performance the game is over. Instead of reaching deep into authenticity, it remains an effort to cover up weaknesses and threats. To grow, our weaknesses and threats need to be exposed so that we can understand them and even use them to our advantage.

Another reason why so many initiatives fail is because we forget that leadership is an individual journey. This makes it difficult to teach it in a group setting, but organizations are afraid that it will be too expensive to work with each individual. They know they have to do something so they invest in ineffective strategies, just so they can check the box. We can never check the box on our leadership development efforts. It must be ongoing or we will create a stagnant culture. No one wants that.

Do you believe we’d have better balance in life, if we made legacy a top-of-mind matter? What kind of positive outcomes might we see there?

I think balance happens naturally, so the only time we feel unbalanced is when something is wrong. In life and in work, the unbalances we feel are directly related to our own inability to focus on the things that matter most. We are easily distracted by our business and busyness and we run out of time and energy to deal with what really matters. This is an easy problem to fix. All we need to do is adjust our focus. This doesn’t mean that we forget the things that matter least, which would be impossible because they are directly tied to short-term demands. It simply means that we take time each day to put the big picture in perspective and then do our best to allow our short-term actions to be aligned with bringing that picture to life. When we do this, our legacy is strengthened and we are happy. Most people are surprised by how easy it is to focus and recalibrate their life and work experiences.

 

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A pioneer and leader in the field of work/life balance; Dr. Andrew Thorn is widely recognized for his breakthrough thinking on how to help people discover their sense of purpose and create greater meaning from their personal and professional experiences. He personally guided 2 of the top 50 business thinkers, currently listed on The Thinkers 50. His work extends to over 50 major corporate clients and over 250 Senior Leaders from many of the Fortune 500 Companies.

Graduating with a Masters in Business Administration from Pepperdine University, Dr. Thorn also holds a PhD in Consulting Psychology and a Masters in Personal and Executive Coaching.

He resides near Los Angeles, CA with his wife of 25 years, Stacy, and their seven children.

Old Leaders, Old Ideas

Decided to take a look back and found this post from June of 2005. Ever experienced old leaders and their old ideas? Maybe you’ve approached your life this way. It’s a dangerous place, either way.

 

Isn’t it tragic how old leaders bring old ideas?  Here are some reasons for this dysfunction:

  •     Old leaders look through the lens of the past.  A place that “once was”
  •     Old leaders believe (foolishly) that what worked in the past will work again
  •     Old leaders grow old gradually…over time, and die before they are buried
  •     Old leaders are insecure and need an organization that will grow old with them
  •     Old leaders think change applies to others

I was at a holiday get-together this past weekend.  One individual gave me some interesting insights.  She worked for a company where many of the key leaders had moved onto another competitor.  This was the result of a management shake-up some years ago.  These leaders were now trying to implement a structure like the one they had some ten years ago.  She hauntingly noted; “it didn’t work at our place ten years ago, and it won’t work at their new place.”

One of the common mistakes of management is the dysfunction of justifying the old by glorying in the “moments in the sun.”  They experienced the success, and believed that is was a one-way ticket to everlasting success.  Again, old leaders with old ideas.

Who Would Follow You, the Leader?

Celebrating the best of the Epic Living Blog, 2012. Enjoy!

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I've been thinking a lot these last few weeks about what's the best measurement of quality leadership-in the business world and out. There's so much flowing out there about defining quality leadership, it can be a bit overwhelming. Did I mention burdensome?

I will attempt to set a context you can use to measure leadership in a way that you can pull out in virtually any situation. Maybe it's a question you ask a prospective manager or the HR recruiter who wants to know if you have any further questions.

The question comes down to this; "who follows you even though they don't have to?"

The answer to the above question is so important because anyone can follow when there is a stick and carrot involved. But what about when you're not in charge or some other circumstance changes the order of things? Every time I've met someone who has followed a leader without the force of position, I've encountered someone whose life has been impacted. Impacted in way that you can feel deep in your gut as the observer. Sort of like being in the audience when a great singer sings "that" song.

This all should make us remember that how we influence people (every day) is what builds true followers. And if we do it right, they will stay.

5 Questions with John Baldoni, Author of The Leader’s Pocket Guide

                The Leader's Pocket Guide

I had the pleasure of doing this interview with leadership expert, John Baldoni, who is the author of the new book The Leader's Pocket Guide a few weeks ago. I've always admired his wisdom and energy. Enjoy!

In
your book you note the importance of what people think, but in a way that
builds a solid reputation. What’s at stake in doing this?

Thinking
is good because it points us in the right direction. But when it comes to
leadership, action counts. Leaders put their thinking into gear when they lead
by example.

How
important is critical thinking to the growth of a leader?

Leaders
must often choose between two good alternatives. Critical thinking teaches
leaders how to balance alternatives as well as to put things into context.

What
role does hubris or arrogance play in hindering a leader from impacting their
organization in a positive way?

Hubris,
a Greek word, is the condition by which a leader is blind to his or her faults
and often leads to living in a bubble, surrounded by yes people. This is never
a good thing.

One
of the last tips in the book mentions the importance of finding interests
outside of work. What keeps leaders from doing this?

Time.
time. time… Anyone in a leadership position needs to recharge themselves. A
hobby, a trip or close associations with family and friends can do this.

In your mind, what
organizations are doing the best job of developing and growing leaders?

Rather
than focus on names of companies I focus on the many capable leaders in
organizations large and small who are making a positive difference in the lives
of their customers, employees and customers. They are legion.

 

JOHN BALDONI, president of Baldoni Consulting LLC, is an internationally recognized executive coach, speaker, and author. In 2011, Leadership Gurus International ranked John No. 11 on its list of the world’s top 30 leadership experts. He is a regular online contributor to CBS MoneyWatch, Inc, and Harvard Business Review.

 

 

What Management Doesn’t Know Will Hurt Them

Does your manager operate on assumptions? It's kind of a turn on my saying, what management does know will hurt them. The following are some examples:

  • We hit our numbers (cutting costs, revenue goals, quarterly profit), therefore we've earned the right to proceed with the next phase of growth.
  • The last employee survey was better than the last, so we don't need to dig any deeper into past complaints of favoritism.
  • We all have sacrificed, so morale isn't as bad as it may appear. Besides, we're a team.

Obviously, you and I could think of many other examples. My point is to illustrate the two different worlds management and employees live in. The most dangerous part is the inevitable collision to come. In America those collisions are happening on a regular basis. For example, our fiscal cliff is causing many publically traded companies to pay out one-time dividends at a lightening pace to beat what they see as the inevitble in 2013. The hike in tax consequences on dividend income. This is happening while many employees, and potential employees, are wondering when will the hiring will start again. The money is there for a dividend, why not for hiring someone.

Human beings are complex creatures. The DNA is fixed and we are who we are. Survival instincts, the need for affirmation and a desire for clarity are just a few to consider. How can this be missed. Lower quality leaders just don't know any better. Call it a leadership deficit that's difficult to remedy.

We're doing battle with culture here. A culture that staked everything, or so it seems, on some false-growth model. There needs to be some cleaning out to the rot. I'm not advocating we toss the entire system out, but I am advocating that we add some serious leadership development that is NOT based on giving the appearance of change. Way too many programs conform to keeping the status quo alive and well. We need to find courage now because we are far into the second-half. Expecting an epic comeback is a very dangerous outlook.

Management is toying with grave consequences when it forgets this.

 

Leadership Starts with the Heart

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We've all encountered organizations who have systems that seem to work smoothly. For example, in banking, Chase will probably get 99% of their transactions right today. Accenture has a process that will react when a company puts out an RFP. But as great as their processes may be, if the leaders inside lack heart, there is something fundamentally wrong.

Leadership starts with the heart. Indeed, indeed.

Great organizations (small or large) begin from the heart. Their business models are full of art. That kind of art that solved a problem, made a customer smile or inspired a child to dream. No guarantees of success I know, and certainly you've got to have a business model that can make/raise money. But if you listen to music don't you want the melody along with the rhythm? If the organization only has one side of the equation and not both, then you're looking at a hollow endeavor.

The great warning goes out to organizations that abandon the heart, thinking the head can do it all.