Dot Connector

Tips and Tricks for Business, Personal Productivity and Life

How Do You Become an Explorer? [Lessons from Will Steger, Polar Explorer]

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Do anything you want, just set your mind to it.

- Will Steger

The huskies await Will's call on the first leg of his historic 3700-mile traverse of Antarctica.

I had the opportunity to hear Will Steger’s keynote speech at the Live Green expo in Duluth, MN on September 7, 2008.  While Will’s keynote primarily focused on his first-hand observations of the changing climate at the poles of our planet, his thoughts on life were equally fascinating.

How DO you become an explorer?

Will lead the first dogsled traverse of Antartica, the first dogsled trip without re-supply to the north pole, and countless other expeditions.  When I heard him speak, it was clear his inspiration and lessons for becoming an explorer are directly usable in any context (not just polar exploration)!  For example, you may be innovating and challenging conventional thinking in your current career.  Or, maybe you’re a teacher trying to find the inspiration to push the boundaries of education.  Whatever the case may be, I found Will’s story so relevant that I had to share it here.

3 Ways to Become An Explorer

Tip #1 – Leverage the freedom you have

Will grew up in a household with 3 simple rules.  Outside of these rules, he was given the freedom to do pretty much whatever he wanted.

  1. Get good grades
  2. Stay out of trouble with the law
  3. Pay for things yourself

There is a lesson here for leaders, project managers, educators, and others: give your people the freedom to innovate (with some simple rules to follow), and they will AMAZE you.  It can be scary, and you might get some unfavorable results, but in the end, you go places with them that you never imagined were possible.

Tip #2: Seek inspiration from magazines, and travel places you’ve never been

Will got his climbing inspiration from reading National Geographic, a magazine that typically takes it’s readers far away from where they physically are located on the planet.  This forces the reader to dream, visualize, and wonder what such places are like.  I once read the Dalai Lama recommends visiting one completely new place every year.  I love that idea, and try to practice it annually.

What magazines, books, blogs, or people help you dream?  What trips have you taken lately that push you out of your comfort zone?  When was the last time you sifted through magazines relevant to your career, and non-relevant magazines too, searching for applicable ideas?

Tip #3: Just do it!

When he was fifteen, Will built a boat and sailed it down the Mississippi, from Minneapolis/St. Paul to New Orleans.  He set his mind to exploring, and then he got busy doing it.

How much time do you spend truly doing things you are passionate about every day?  It may sound crazy, but I love internet marketing.  Always have, probably always will.  The desire to be the best internet marketer possible gets me going each morning more than the seriously big cup of coffee on my desk.  If you’ve found a passion but aren’t investing time in it, that’s just as tough as not finding a passion to begin with!  Make the time, and just do it.

Bonus Tip: Persevere like Will Steger

Check out these stats of a Will Steger expedition to cross Antarctica:

  • 3,700 miles, 220 days
  • 1 dozen mountain ranges to go over
  • 56-day storms
  • Temperature: -30 degrees farenheit
  • Wind Chill: -80 degrees farenheit

And what does Will do?  He endures these extremes and brings back amazing lessons for those who will never go there.

The next time you are working on a project that takes you to extremes, remember to take some notes along the way to teach others.  They’ll benefit tremendously from the “places” you explore.

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Written by Regis Hadiaris

November 4, 2008 at 7:54 pm

Posted in Ideas and Motivation

Tagged with ,

Inspirational Quote about Quality of Life

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The quality of a person’s life is in direct proportion to their commitment to excellence.

- Vince Lombardi

Written by Regis Hadiaris

October 27, 2008 at 7:03 pm

Posted in Inspirational Quotes

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5 Tips to Increase Productivity and Efficiency in Your Life

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Note from Regis: One of my goals for Dot Connector is to connect you with a variety of people we can all learn from: from best-selling authors to successful entrepreneurs, and everyone in between!  This is a guest post from entrepreneur, friend, and colleague, Dave Rigotti.

Being in college, on the executive board for multiple student organizations, and running my own online business, I’ve developed a knack for personal productivity and efficiency.  As I became more and more active, I found myself going to bed later and waking up earlier – usually only getting 4 hours of sleep a night.  I couldn’t keep that up.

Here are my tips for getting that job done and freeing up a few extra minutes in your life.

1.    Get a planner.

You know, the kind you had in school.  They are extremely effective at planning your day and can help find inefficiencies.

2.    Download and use RescueTime.

RescueTime is a fantastic application that tracks your computer usage and reports how efficient and productive you are.  It’s free to use and quite easy to set up.

3.    Watch your TV shows online.

I watch most of them at Hulu.com, which has approximately 5-10 minutes less advertisements than if I watched it on the television.  Additionally, you can pause and come back and also watch it at your convenience (on the bus, doctors office, or even on the John).

4.    Stay focused online.

Using RescueTime or FireFox plugins, monitor you unproductive site usage, such as Facebook or Myspace and other sites that do not contribute to you accomplishing your tasks and goals.

5.    Set goals.

I’m surprised hoe many people do not set any goals, even if they are simple as “I’ll write 500 words of this paper by 5pm today.”  Goals formalize your work and for me at least, I hate not accomplishing a goal I’ve set for myself.  Just make sure they are SMART: Specific, Measurable, Attainable, Realistic, and Timely.

Bonus: Find where you work best.

I can’t work at home – it’s too distracting – so I go to the local coffee shop that has free wifi.  In fact, I’m writing this article from one.  I suggest you find where you work best.

What are your tricks for staying on track?  Let me know in the comments!

This post was guest blogged by Dave Rigotti, owner of Career Fire.

Written by Regis Hadiaris

October 20, 2008 at 11:00 pm

6 Techniques I’ve Used To Challenge Conventional Thinking

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[Reposted from Unconventional Thinking, the blog of Mark Stevens]

“Great spirits have always encountered violent opposition from mediocre minds.”

- Albert Einstein

Throughout his life, my Dad taught me that I truly could be whatever I decided to be. His confidence in me gave me the strength to believe in my ideas, challenge conventional thinking, and take risks.

Below are 6 techniques I’ve used to successfully challenge conventional thinking in my life.

1. Identify and ignore “noise” in your life.
Noise is the unnecessary stuff that distracts your attention and limits your effectiveness: naysayers, gossip, opinions of news media, fear, etc. If you are determined to challenge conventional thinking, you have to train yourself to ignore noise.

I work for Quicken Loans, one of the nation’s largest direct mortgage lenders, in arguably the most challenging time for the financial industry in 20 years. If I listened to all the noise about how bad the mortgage crisis is, I would become paralyzed by negativity and fear. Instead of focusing on the constraints around me, I consciously look for opportunities. Don’t let yourself become a product of your environment; let your environment become a product of you!

2. Don’t recreate the wheel.
I’ve seen companies launch huge new initiatives without ever stopping to ask themselves: “has someone done this already?” Be curious! Instead of blindly jumping into a project, take a step back and think “someone must have run into this situation before, what did they do?”

We recently decided to focus on a particular marketing strategy at Quicken Loans. Instead of starting from scratch, we flew several key people to another, non-competitive company to discuss our plan. Because that company had already executed this strategy really well, the day we spent with them saved us months of trial-and-error.

3. Take a stand.

A couple of years ago, I was leading a project that a senior executive didn’t agree with. He didn’t think the project could make an impact on the business. I believed that it would. We compromised, and he gave me 90 days to prove it. I did, and the executive was proud of the accomplishment.

It can be hard to challenge consensus. But if you truly believe in what you are doing, you can’t be afraid to voice an opinion or do things that others don’t understand. Remember: the thinking that got you where you are will seldom get you where you want to go.

4. Get excited when people tell you “no.”
So many people let others dictate what they can and cannot do. Before they know it, they have lost the ability to be effective. When people tell me “no, we can’t do that,” I immediately think “how can we?”

Every day, I have conversations about ideas that are too hard to do, solutions that are too complicated, and costs that are too expensive. If you attack these situations by creatively brainstorming alternatives, you can inevitably find ways to turn these “no’s” into “yes’s.”

5. Keep it simple like Forrest Gump.
“When I got tired, I slept. When I got hungry, I ate. When I had to go… you know… I went.” Forrest kept life simple. Do you?

At Quicken Loans, we have a “no big projects” rule. Why? Big projects usually mean lots of over-complicated ideas that simply aren’t needed to solve the problem at hand. You can have big visions but still execute them in small chunks. Doing this encourages constant improvement, and helps prevent marketing projects that are out of sync with current business needs.

6. Be effective, not busy.
My team completed over 1,100 internet marketing projects last year alone. While that’s an impressive accomplishment, I’m most proud of the impact those projects made. Every single thing we do has a legitimate business reason, or we don’t do it. And every morning we meet to discuss the thing we can do that day to be the most effective.

Every person on my team has (literally) hundreds of things on their to-do list. Our concern is not getting them all done. Instead, we ask ourselves, are we working on the right things, right now? Once we focus on being effective, instead of being busy, we automatically get into
a mental mode of challenging conventional wisdom.

Try one of these techniques, and you can take an ordinary day and make it great! Try them all, and you will hone your ability to challenge conventional thinking.

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Written by Regis Hadiaris

October 13, 2008 at 11:00 pm

Foreclosures and Declining Home Values – A Solution That Works

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foreclosure sign

As many of you know, I work for Quicken Loans, one of the top 10 home mortgage lenders in the United States, the #1 online lender of home mortgages in the US, and Fortune Magazine’s #2 best place to work in the US (Google is #1).

Many of you have asked for my opinion about the mortgage crisis, what got us here, and what can be done.  Today, I’ll share a drastically simplified version of the comprehensive solution, called “A Solution That Works” that was put forward last week by Dan Gilbert, Chairman of Quicken Loans.

You really don’t need to be a rocket scientist to understand the housing crisis, or the solution to it, no matter what anyone tells you.  It will take the right leadership to get us out of the challenging situation we are in.  And, just like in almost every leadership challenge, you can’t let how hard you think the solution is prevent you from doing it.

On to the plan…

The Situation Right NOW

  • Homeowners today are “striking out” by having a declining home value (strike 1), an unpredictable and growing monthly mortgage payment (strike 2), a growing mortgage balance that they owe the bank (strike 3). Often when this strike out happens, a Homeowner cannot make their payments, or chooses not to, resulting in foreclosure.
  • Unfortunately, the $700 billion financial rescue plan passed by Congress last week does little if anything to address these Homeowner issues (stopping foreclosures, declining home values, and dramatic increases in mortgage payments).  These issues are the fundamental reason why the “credit markets” you hear about on the nightly news are in crisis.
  • The goal of “A Solution That Works” is to help each American Homeowner stay in their home, prevent their home’s value from declining, change their bad mortgage to a good mortgage, and prevent foreclosure.

A Solution That Works, a Simplified Version of the Plan

  1. The Homeowner would work through a Lender to have their bad mortgage changed to a new, 30-year fixed rate mortgage.
  2. This new mortgage would have an interest rate of 6.375% fixed for the life of the loan, but would also have a low interest rate (starting at 4.875%) for the first 5 years, to give the homeowner some relief and allow them to “dig out” of their mortgage situation.
  3. If the Homeowner owes more than the original loan amount (due to not paying enough interest or any principal, like if they are in an “Option ARM”), the Lender will essentially cover the difference.

A Solution That Works, an Example

The Smith family purchased a home in 2006 and got an adjustable rate mortgage (ARM).  In October, their interest rate adjusted from 6.5% to 9%.  As you can see below, their payment jumped as well:

October 2006Interest Rate:
6.5%

Monthly Payment:
$1,264.00

Today: Bad MortgageInterest Rate:
9%

Monthly Payment:
$1,595.00

A Solution That WorksInterest Rate:
4.875%

Monthly Payment:
$1064.00

With A Solution That Works, the Smith’s family’s mortgage payment is reduced to $1,064 initially, and gradually increases over 5 years to approx. $1,250 and WILL NOT change for the remaining 25 years of the loan.

My Thoughts

Personally, I believe that a combination of greed (from Homeowners, Banks, and Financial Institutions), irrational expectations about home values, and a lack of Federal oversight lead to the housing crisis we are in right now.

To get out of this, we have to treat the cause of the disease, not merely it’s symptoms.  I believe “A Solution That Works” would do that.  Here’s why:

  1. This plan puts the Homeowner first, helping them to get out of the bad mortgage they are in.  The result is reduced foreclosures and more stable property values.
  2. This plan can quickly create a win-win for Homeowners (who get a new, better loan) and Lenders (who get support from the government).
  3. This plan is an efficient and practical use of Federal dollars, especially since a lack of government oversight was a major contributor to the situation we are in now.  In this plan, the Federal government would pay the difference between the 4.875% rate and the 6.375% rate for those first five years.  Also, this plan would allow lenders to write off 2x the interest the Homeowner did not pay that was previously added to their loan amount.
  4. The cost of this plan would be $50 billion, roughly 1/14 the cost of the $700 billion financial rescue plan passed by Congress last week.  And, it also eliminates the need for a new bureaucracy outlined in the bailout bill to buy bad mortgages.
  5. Finally, this plan also gives the investor in these loans higher odds of recovering their investment (versus dealing with foreclosure) by immediately stabilizing the housing market.

Now, before you think: “isn’t Quicken Loans one of the reasons we are in this situation?” Please consider that although Quicken Loans did offer some versions of these loans, we never made these products our “bread and butter” and we never did any significant subprime mortgage business.  Our overall business has always been in standard, “conforming” loans.  Also, please feel free to read Quicken Loans Reviews to learn about our excellent customer service.

I encourage everyone to read the plan for yourself and comment here to let Dot Connector readers know what you think!

More information

What you can do

UPDATE: A great overview of the current financial situation, in extremely clear terms:

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Written by Regis Hadiaris

October 8, 2008 at 7:13 am

Do You Think About “Abundance” or “Scarcity”?

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I have never seen a monument erected to a pessimist.

- Paul Harvey

How you choose to spend your “mental energy” is the single-biggest determinant of your career. The power of mental focus separates those who are good from those who are great.

How do you “spend” your unconscious and conscious thoughts? Do you ever think about that? Try the test below to see if you are an abundance thinker, or if you are focused on scarcity. The following test and solutions are adapted from a newsletter article by Tim Sanders, former Chief Solutions Officer at Yahoo! and author of the books How to Save the World at Work and Love is the Killer App. From Tim:

Scarcity is the greatest crisis today in our society. There is no greater evil than the belief that there is not enough to go around. There is no greater threat to your organization or company’s future than the Scarcity mindset. Sounds scary? There are two pieces of good news: there are solutions and when they are implemented, you will experience profound happiness and peace.

- Tim Sanders

Scarcity Test – 4 Questions to Better Understand Your Thinking

  1. Do you believe that there is “not enough to go around”?
  2. Do you ever define yourself based on what you lack, not what you have?
  3. Are you motivated by fear, do you talk about fear (i.e. “my fear is…”), and/or do you motivate others by fear?
  4. Do you find yourself thinking that when others gain, you lose; or, when you give, you have less?

If you answer yes to any of these questions, you focus on scarcity in your thinking. The more questions you answered yes to, the more scarcity has taken over your thinking. Yes, it really is that simple.

Impact of Scarcity Thinking

Focusing on scarcity hurts you and the people around you. Why?

  1. You create a personal “doomloop” (a phrase coined by Jim Collins in “Good to Great“). A doomloop is a situation where you are constantly looking for the single defining action, the grand program, the one killer innovation, the miracle moment that will allow you to skip the tough “buildup stage” of any idea, career, etc. and jump right to realizing the benefits of your work.
  2. You can no longer share in the success of others. Ideas create new ideas. Friendships and communities create new friendships and new communities. If you are inwardly focused (”what about me?”), you create a fundamental, internal, “mental disagreement” with those around you.
  3. You limit your potential to be a leader. Leadership is about giving to and serving the people you lead. If you focus on scarcity, you stop seeking opinions and stop trying to bring out the best in others.

Solution: Return to Your Abundance Mentality

Here are 3 solutions to eliminate your scarcity mentaility, from Tim Sanders:

Step 1: Change your thinking. Define yourself by what you have, not what you lack.
As Dr. Wayne Dyer says, “find the Abundance in the little things in your daily life”. This morning I found Abundance in my breakfast and the endless cup of coffee given to me. In 2000, during the crash, I found abundance in the smiles of others. At Yahoo, I led the ‘refresh’ campaign and encouraged people to find abundance in what they had, especially compared to all of the others that had so much less and so little to look forward to.

Step 2: Stay on the lookout for Fear. Replace it with Faith and Endurance.
This is one of the few places where it is OK to label people. Call a spade a spade. That’s what I do at Yahoo as the Leadership Coach. When I catch someone acting like Chicken Little, I stamp them. When I observe someone acting out their personal story of Abundance, I name them DaVinci (Don, Doris, etc.). My mom gave me advice for this talk; I need only two things to lead and thrive-faith and endurance. One will help me when the other is in short supply.

Step 3: Practice Abundance daily.
Practicing Abundance requires letting go of stuff – and believing that there is more. Every day, give something, share something or be a bigger person because you know there is enough to go around. Each act of generosity on your part sends a signal to the world that you are in touch with your Abundance.

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Written by Regis Hadiaris

October 6, 2008 at 11:00 pm

7 Questions to Understand “The Boss” and Advance Your Career

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A crucial component in evaluating your own career is to understand your alignment (or lack there of) with your immediate Team Leader (I.e. your “Boss”). Below are seven questions, adapted from a Fast Company list, that will help you focus in on that alignment.

If you find yourself in alignment with your Team Leader, great! If not, then you really have to ask yourself – do I want to change and adapt for the greater good of my organization, or do I want to move on?

7 Questions to Help You Understand “The Boss” and Your Career

1. What is your Team Leader (i.e. “The Boss”) trying to accomplish? What are his/her goals?

Start with truly understanding your Team Leader’s overall goals, either stated or implied (through their actions).

2. Is your team leader ambitious or content? What kinds of problems most worry your Team Leader? What kinds of victories most please your Team Leader?

Understanding these questions are key to understanding your potential for growth within your organization. Put bluntly, a Team Leader who is a small thinker, and content with her status, will not have as many opportunities for you to build critical experience and new skills. By understanding what things worry and please your Team Leader, you’ll get a true sense of how she views the world.

3. Why is your Team Leader the Team Leader? Why was your Team Leader picked for the job?

This question will help you understand the history behind how your Team Leader arrived at her position, and how the more senior executives feel about your Team Leader’s value to the organization.

4. If your Team Leader is ambitious, is it about substance, recognition, or both?

Understanding what drives your Team Leader’s ambitions will help you clearly assess your room for growth. A Team Leader who cares about the personal and professional growth of her team will open more opportunities than one who is solely focused on recognition.

5. What does your Team Leader need from you, and how do you plan to do it?

Next, get a crystal clear explanation of what your Team Leader needs from you. Dig deep here and understand not just her tactical project needs, but the personality traits that she wants to see you demonstrate.

6. What do you want out of your current position? Is this compatible with your Team Leader’s goals and ambitions? Do your goals advance your Team Leader’s ambitions, or conflict with them?

This is where you need to take an honest, objective look at what you want out of your career. Next, determine if when you achieve your goals, your Team Leader’s ambitions will also be met. If this won’t happen, you should re-evaluate your goals, your position, and/or your career plan.

7. Are you more ambitious than your team leader?

If you have a disconnect between your ambition and your Team Leader’s ambition, you might run into issues in the future. However, if you feel you can see beyond your own ambitions, and learn as much as possible from your Team Leader, new opportunities may also present themselves later.

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Written by Regis Hadiaris

September 29, 2008 at 11:00 pm

Posted in Business Communication

Tagged with , ,

Top 12 Firefox Addons to Install Today

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Firefox 3Firefox Addons are extensions for the Firefox web browser from Mozilla.  Firefox Addons make Firefox better, they make other websites and web applications better, and they make web tasks a lot easier.  Here are the top 12 Firefox Addons that I use on a daily basis.

Note: these are all free to install and use. Many of these Firefox Addons take donations, so consider supporting the people who have developed them.

Personal Productivity

1. Remember the Milk for Gmail -  An extension that makes Remember the Milk even better by integrating your tasks right in Gmail.  Expect a full review of Remember the Milk in an upcoming post.

2. Blank Canvas Gmail Signatures – Fills the biggest void in Gmail (Google’s email application), by allowing you to create multiple email signatures for one account.

Search Engine Optimization (SEO)

3. RankChecker – Simple tool to check where you show up in Google, Yahoo!, and Live.com search results.  Enter a URL and keywords, and RankChecker will tell you where the URL shows up in each search engine’s results for each keyword.

4. Live HTTP Headers – A more technical SEO tool which helps you determine what’s going on between the server and web browser when a web page loads.  Helpful for troubleshooting URL redirection too.

5. SeoQuake - Provides a toolbar of SEO data, as well as data directly in search results while you are using sites like Google.  SEO data includes lots of information about scores, ranks, links, keyword density, and other SEO factors.

6. Web Developer Toolbar – All-ini-one toolbar of information about a web page.  Allows you to turn off and turn on different things in the browser to see how a web page looks (i.e. turn off images and cascading style sheets (CSS), and see how a page looks to a search engine spider).

Social Networking

7. Digg Firefox Extension – Creates a top level menu item (between “Tools” and “Help”) in Firefox that gives you quick access to Digg a web page you are viewing.  Also reports on how many Diggs the current web page you are viewing has.

8. Delicious Bookmarks - Integrates a bookmarking function into Firefox, as well as easy access to all of your tagged bookmarks.  If you haven’t centralized your bookmarks in Delicious yet, you are missing out!

9. StumbleUpon - Adds a toolbar to Firefox that let’s you interact with the StumbleUpon website: you can “stumble” sites for topics you are interested in (i.e. click a button and a new website is shown in that topic), access your profile, give previously stumbled sites a thumbs-up or thumbs-down, etc.

Blogging and Web Development

10. ColorZilla - Adds an “eyedropper” color picker tool to Firefox – use it to detect the color of any element on a webpage.  Simply hover over the element (image, border, etc.), and click the eyedropper to get the hex value for the web color.

11. CoLT - Capture a link text and the link at the same time, as HTML or plain text.  Adds options to the menu you see when you right-click on a link.

12. ScreenGrab - A powerful screen capture tool – see something online you want to remember?  Use ScreenGrab to take a picture of it, save it to your clipboard (or as an image file) and paste it into another program or save it in a folder for later use.

BONUS FIREFOX ADDON #13: FireFTP - Simple, fast, easy to use FTP program for Firefox.  No need to use a separate FTP program to transfer files between computers and web servers anymore!

Did I miss a Firefox Addon that you love?  Leave a comment!

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Written by Regis Hadiaris

September 26, 2008 at 3:42 pm

Leadership Skills: Unconventional Thinking [Mark Stevens Interview - Part III]

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Note from Regis: This is Part III of a three-part interview with Mark Stevens, best-selling author of Your Marketing Sucks, Your Management Sucks, and God is a Salesman. Mark is also CEO of MSCO, a results-driven management and marketing firm.  This is the second interview in Dot Connector’s Leadership Skills interview series.  Read Part I here. Read Part II here.

Regis: Why is it so difficult for many marketers to understand that advertising and marketing is suppose to drive sales?

Mark Stevens: A lot of people just don’t “do marketing.” First of all, a lot of them don’t know what marketing means unless they go into advertising.  They go into it because they think it’s creative.  Finance is ugly, marketing is creative.  That is what they think.  Actually finance is extremely creative i.e. the mortgage, the lease, etc.

Regis: Exactly! I have a finance degree so I couldn’t agree more (laughs).

Mark Stevens: But there tends to be the feeling that marketing is creative, so “creative” means: “I should be able to do creative things. What does that have to do with commerce?”

It’s really amazing – you get people who think a marketer can be a creative person, yet most people who go into marketing really don’t like business.

That is the thing: they really don’t like business.  They don’t consider themselves business people, they consider themselves creative people.  They say “don’t weigh me down with those financials, I don’t want to see a spreadsheet.  I don’t want to know about it.  And, I don’t ever want to talk to a sales person because a sales person is a low life.”

They think a sales person is a low life.  I mean that is what they think!  That is so obnoxious to me.

- Mark Stevens

You get CMOs who have no connection to the sales force.  “We’re the Marketing Department.   The sales morons go out there and sell the shit and we tell them how to sell it.”  It’s terrible!

Great sales forces – and there have been some in this country’s history – founded the great companies:

  • When IBM was in the early days of selling hardware, it had an amazing sales force.
  • When Xerox was a truly great company, they required that its sales people fly first class, because they called them the “Princes of the company.”  It was a rule.  It was a rule!  Why? Because they’re the “Princes of the company.”

So that is what I think it is Regis. They say “I am not in business! Don’t bother me with finance guys like Regis, because he is an ugly finance guy.  He is not ‘creative.’ Why would I need to know anything else as long as I am creating cute campaigns?”

Regis: It’s interesting to go back to what you were saying earlier about business school.  Do you think that maybe the way business schools segment paths for being in “business” is the tipping point (for this thinking)?  Because you have to pick:  Accounting? “Oh no, that’s really dry I don’t want to do that.”  Finance? “No that is scary and ugly.”  Management? “Well, I am not really sure what that means.”  Marketing? “Oh, that’s creative and cool, I will do that!”

Mark Stevens: Absolutely. I think that is a big part of it.  Unless you came to school with a mindset that told you you wanted to be an engineer, or doctor, or in finance.  The menu of choices if, you came (to college) uncertain, drives you towards the less, it drives you toward what people can view as “gut” (must-have) courses and those with more “creative elbow room” etc.

I just think that business school, for the most part, is counterproductive for most people.  It just keeps you out of the workplace longer…where you really learn.  You know you learned a lot more when you started working than you ever learned in school.

Regis: Oh, absolutely.

Mark Stevens: Now in finance, you certainly have to have the building blocks.  But then again, Carl Ichan never took a business class in his life.  One of the first things he did when he got out of undergraduate school was to create the first options exchange.  There was no options exchange and he did it by himself.

I am a big believer in — and you do it through your blog and your relationships and your thinking about unconventional stuff — the idea that people of like minds are continuing through a liberal arts education their whole life.  And in a liberal arts education, you are exposed to Newton and Niche, to the Rolling Stones, and to every possible piece of information.

You never know where your idea will come from that will be the thing that will drive you.

- Mark Stevens

I am writing music right now, popular music. I am working with a composer. It’s amazing to be doing this now because when you write music, you have to be in absolute tandem with the person who is writing the music.  You have to weave and knead your art together.  I write lyrics and he writes the music. But they can’t sit apart, they have to be making love at every single moment.

Yesterday, I had a song that came into my mind.  You see, I write everything out, including my books, in my Blackberry.  So, a flash came to me and I wrote another song.  One [song] I had already written and it was in the can.  The second one is written and being composed now.  But, I had a flash from nowhere and I wrote the third song in ten minutes.  I know it’s a really good song, but I will learn from that song.  I had an idea that “God’s a salesman.” So I write a book.  Where the hell did that come from?  It’s a complete learning process.

The great things come to you out of nowhere and come to you really fast.

- Mark Stevens

By doing something new, like writing music for me, it opens up a whole new card of thought or action that I know I will apply on many different ways beyond just music.

Now, the proudest moment I have in my life is when I was in a restaurant in Greenwich, CT.  I asked if they would play my song while everyone was eating.  They played it, and I watched people listen to my music.  It was just…I can’t explain the joy of that.  You have to do it.  You never can hear people reading your books, although I love to hear people who have read the books and are using it in their companies.  Watching people listen to you music, and not even knowing you’re there…god it’s great!

Regis: That’s fantastic.  One question about social media.  In general, social media or social networking is in its infancy.  A lot of companies are trying to figure social networking/social media out as a marketing channel.  Some companies are “touching the stove” and getting burned.  Some are figuring out how to leverage it successfully.  Do you think social networking is at the point that it can be a profitable marketing channel in an integrated plan (like a “Your Marketing Sucks”-style plan) or do you feel like it’s something that is still too unproven?

Mark Stevens: No, I think you can definitely look at it as a profitable channel.  A successful social network that gets enough of a following is an extremely viable business model because of two things: traffic, but more important than traffic, intimacy.

So in a social network, if it is a successful one, you belong to something.  It’s almost like an affinity group.  The two largest affinity groups in the United States are AARP and the Catholic Church.  A social network will come along that will be bigger than both of them.  One of them may be already [bigger], I don’t know what the numbers are now.  So I think that absolutely can be [a viable marketing channel], it’s just a new way.

You told me you reached for questions for this interview on LinkedIn.  What social media does is so interesting because it takes a lot of the old behavior models and makes them unnecessary.  A lot of people never wanted to network, because they would have to show up and talk to people.  Now, you don’t have to be outgoing; you don’t have to work a room. So the people who used to be successful in networking, the guys that could “work a room” probably aren’t successful in working LinkedIn.  It’s a different mindset. It just changes everything.

From a financial perspective I think that the true profitability is yet to come but God, they are just like gigantic networks with intimacy.  Nobody feels intimate with NBC.  But people feel intimate with their various circles in Myspace, YouTube, LinkedIn, etc.  So I think that adds a very important component to the equation and that can be leveraged.

This concludes the interview with Mark Stevens.  If you haven’t already, be sure to check out Part I and Part II.

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Written by Regis Hadiaris

September 23, 2008 at 2:32 am

Leadership Skills: Unconventional Thinking [Mark Stevens Interview - Part II]

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Note from Regis: This is Part II of a three-part interview with Mark Stevens, best-selling author of Your Marketing Sucks, Your Management Sucks, and God is a Salesman. Mark is also CEO of MSCO, a results-driven management and marketing firm.  This is the second interview in Dot Connector’s Leadership Skills interview series.  Read Part I here.

Regis: Are there two or three leaders who have consistently challenged you and your thinking?

Mark Stevens:

My Dad. He was a salesman.  He always told me not to believe anything anybody tells me, just because they are telling me.  And, [he taught me] to stop and say “well now, is that actually true?”

He taught me that the higher up the totem pole the person is, in terms of power and authority, the more likely we are to believe at face value what they have to say.

- Mark Stevens

That is really where he would turn on the skepticism jets: he’d say “wait a minute, you are believing that person simply because they have the titled of Senior Vice President or Czar of the Americas?” Ask yourself Mark, “does that really make sense to you? And, what is his or her reason for saying it?”  He taught me that.

Carl Icahn. I’ve spent a lot of time with Carl Icahn.  He never took a business course in his life, and yet he is the smartest guy I have ever met.  I have met a lot of really smart, successful people that we have worked with at MSCO.  Carl was the smartest.

Instead of looking at business through the eyes of famous business leaders – Carl was a chess champion at Princeton and a Philosophy major – he looks at business through the eyes of a chess player, and through the eyes of the great philosophers. We would be talking, and I would ask him a question about some deal he was working on, and he would say, “this is what Socrates would say in this case.”  He never said, “this is what Alfred Sloan would say.”

So, I learned and understood that greatness often comes from looking at things through a prism, your own kind of prism.  Carl looks at life through the chess / philosophy prism.

- Mark Stevens

I think the reason that Carl wins so often is because he was used to making eleven moves in advance.  The average CEO he goes after now, even somebody as smart as Jerry Yang [CEO of Yahoo!], thinks two or three moves ahead, four maybe.  When you are a competitor, Carl is thinking eleven moves ahead.  He is always going to win.

I gave a speech in Berlin this past October.  Every year, Siemens invites 180 of the most important CEOs in the world to Berlin for something they call Ascent, which is the premiere CEO conference in the world.  After I spoke, we all went on a boat ride and to dinner at this unusual warehouse that was turned into a restaurant.  The former world chess champion, Vladimir Kramnik, was talking and he said “You know, when I was going up the ranks of Grand Master, in the middle of a match I used to – and I would plan this – I would make a really stupid move on purpose, and it would completely throw off my opponent.  I had to already have my plan for extracting myself from the problem I created for myself, but the [opponent] would be so stunned, that it would throw him back on his heels.”  He used this as his strategy for becoming the champion of the world.  I found that to be fascinating.

So, Carl taught me that look at things through the prism that you really find helpful, not the common one, necessarily.

Sir Issac Newton. There are two things that Newton taught me.  He didn’t mean it for business, but he said, for every action there is an equal and opposite reaction [and a body in motion stays in motion].

For every action there’s an equal and opposite reaction.

You know,  on your job Reg – and anybody else that reads this interview – someone is going to have a great day, one day next week, or the week after.  They are going to sign a big deal, they are going to have a promotion, something is going to be great.  I always say to my clients, my team members at MSCO, and my sons.  Watch out for Newton!  I don’t want to damper your spirits today, but Newton’s coming.

A body in motion stays in motion.

Leaders are driven.  They don’t look for balance.  They stay in motion.  They are not liked by the lowest common denominator.  You can’t stop them.  You can’t pin them down.  You can chop their legs off, and they will crawl through the ground.  They are not stopping.

A body at rest, does it stay at rest?  You know some people like that in your job, and I know them too.  You can’t rouse them.  Nothing will rouse them because they don’t have the drive.  You can’t rely on them to forge any of your projects, because they won’t carry the ball.  I don’t wish them ill will.  But, you have know that as you figure out your own success equations and who will actually support you in any project, or dream, or passion that you have.

We only have one life Reg, one life, one life – and we should strive to achieve something significant in it.  We should have somebody look back and say, “I learned something from that guy or that women.”  He or she left a stamp – something that changed people’s thinking.  Something that changed the way they do business.  Something that changed the way they do parenting.  Something!

Just don’t go through this life from cradle to grave going to work, going through the motions, watching television, eating a piece of pie, and going to sleep.

- Mark Stevens

And that is what most people do.  Sorry to say, but that is what it is.

Regis: I couldn’t agree more.  And I think that drive is what separates leaders from people who do not want to lead.  Do you feel like there are ways to bring people across that gap?  Can that be learned?

Mark Stevens: No, you can’t learn passion.  It’s impossible.  There is a way to bring them across the gap, and that is a leader.  A leader inspires.  People who do not have the DNA to be driven will ‘take the hill’ when inspired by a leader. They will never do it on their own.  They will say “that’s a nice hill.”  They will never do it on their own.  That’s exactly what a leader does, that’s a great question, because our whole conversation boils down to that.

A great leader, without threats and without bribes, gets people who are not driven on their own to effectively accomplish a mission.

- Mark Stevens

That is what a leader does, and [the people being lead] feel good about because they did it effectively.  They never would have taken the hill on their own.  They would have looked at the hill.  They would have sat on the bench, with a sandwich, looking at the hill.  But the leader is so dynamic, and because he or she wants to take the hill, that they want to go take it.

Great leaders don’t have to pay people lots of money.  People should be rewarded for what they do, but when you are working with a poor leader, you want to get paid a lot because it’s the only reward you have.  When you are in the company of somebody amazing, the amount of pay you get becomes minimally important.

You see great actors and actresses that want to work in Woody Allen movies and Robert Altman movies – and they’ll take tiny paychecks – because they want to be with a leader.

- Mark Stevens

If they are making some dumb-ass movie, the check can’t be big enough.  You do not have to bribe people or threaten people if you are a leader.  If you bribe or threaten them, It doesn’t really work anyway.

It’s so magically wonderful to watch a leader work.  I believe in things that are greater than some of their parts, so you start to go into another dimension when somebody is a great leader.  And people want to – for some mystical, chemical, magical reason – want to do something with that person, and that’s extraordinary.

Stay tuned for more from Mark Stevens: In Part III, you’ll learn why there is a disconnect between Marketing and Sales, and Mark’s thoughts on Social Media Marketing.

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Written by Regis Hadiaris

September 2, 2008 at 5:15 am