Book - “Winning without losing” by Martin Bjergegaard & Jordan Milne

Avoid overworking - relationships are of ultimate importance. Think of Susan Pinker & the Village Effect

Think of the "New dual optimum" - balances business success with personal happiness - needed for sustained efficiency

Building efficiency

Law of diminishing returns

Finding balance takes courage & awareness

More time spent working can lead to decreased returns/inefficiency, e.g. when overstudying for an exam

Efficiency boosters

Cofound with others - many hands make light work

Build momentum - Rome wasn't built in a day

Get timing right - look for existing movements and utilise them

Make small tests initially

Spend time with others that share similar passions and insights

Master the art of listening

"Tell me more about that"

"Does that make sense?"

"What does that mean to you?"

We open up when we're listened to. We close-down when faced with opinions & judgements. Keep your cool by developing compassion & diminishing your ego.

Put people first

Build trust, culture & respect - this takes time but is worth it

Leverage technology

Finish what you start before taking on board new things. It's easier to take on board new things that to finish what we start.

Refine day to day activities - experiment with and optimise the 20 most recurrent operations in family & work life ❗😃

Don't try too hard - put in the hours but reassure yourself & relax in the process

Meditate daily, have good sleep habits

Reinvent meetings - make them involve walking, running, etc

More general advice

Know something else - increase your knowledge and experience in various parts of life

There is no such thing as failure, only different types of feedback - be the master of the comeback

Consciously take breaks

Know what needs to be achieved for each day to be considered a 'full' days work

Have a very basic & adaptable business plan

Time & Energy Wasters

Know when to pull the plug - consider quitting if:

You can't stop thinking of what else you might be doing with oyur time

Something else keeps calling to you

You've lost your passion & are constantly distracted

Those who succeed see opportunities everywhere

Live near where you work - decrease time spent commuting

Don't send emotive emails - less stress talking in person or at least on the phone as we have an immediate reaction to help navigate the conversation

Be decisive when it counts, e.g. firing someone - we need to make tough decisions at times - don't delay tough decisions

Things to question:

Do the activities that make up my day contribute to the development of self, others & business?

Do I maintain perspective?

Change environment by getting away or taking a day off

Are the details stopping me from seeing the big picture?

Don't deal with or be an asshole...

Thinking of work all of the time - release your grip

Let others contribute - it might not be the way you envisioned but that's okay, things need to get done!

Let customers actions inform you/direct you on your plan

Most startups change their course constantly based on market feedback until they find something that sticks

Main things:

Vision

Values

3 WIGS

A few key numbers (financials)

Don't be a business pacifist - avoid unecessary conflict

Focus on peace, forgiveness & collaborations. "An eye for an eye makes the whole world blind" Ghandi

Each setback is a new opportunity - see possibilities rather than limitations - find a healthy balanced perspective

From a review of the "One minute manager" book as mentioned in this book

  1. Have employees write out a 250 word summary of their goals (main objectives) which you both keep on file. The process of clarifying things so that both managers and employees know what their objectives are means greater success and less communication is necessary.
  1. The One Minute praise-Catch your employee doing something right and specifically praise them for that action and let them know how valuable it is for you.
  1. The One minute reprimand-when employees do something wrong, immediately and specifically reprimand them for that action, though put it in the context of their overall good work.