Featured Blake Johnson Authored Articles
All the way back in October of 2018, I wrote a piece called “Change what you are doing today so that robots can’t do it tomorrow.” In that piece, I urged everyone to ponder the question Can technology assist, and therefore devalue what I am trying to do?
Today, barely five years later, the answer to that question for everyone, is a resounding yes.
Over the past few weeks as I watched the Kavanough hearing unfold, I couldn’t help but reflect on how divided and critical everyone seems to be today. Maybe it is because I am getting older, or maybe it has always been like this, but it is shocking for me to see how quickly and easily one person can become the scapegoat of some group’s agenda. The moment someone sticks their head out, their entire life becomes fair game. This hearing is incredibly emotional for a lot of people, so let me just say that I am not here align myself with either Kavanaugh or Ford. I am here to preach a stance of moderation.
Everybody on earth, without exception, yearns for an easy path through life. Most people won’t admit it, but when faced with a challenge everyone pines for a simple solution. The truth of the matter is that the easiest path will never get you to your destination. This is what separates people with motivation from people with drive. Motivation will get you out of the door, but drive will keep you going when the path takes a more difficult turn. Please don’t mistake this; the path WILL get very difficult. Anyone who has attained a high level of achievement in any kind of profession has struggled and has relied on their internal drive to get them through it.
When I was growing up, whenever I faced a problem my father would turn to me and simply say, “Boy, find a solution.” It may not sound like much, but decades later I still hear that ringing in my ears whenever I am faced with a challenge. By simply telling me to “find a solution,” he was assuring me that there was always a way to beat what I was facing. If the way was not immediately obvious, it was my responsibility to figure it out – to find a solution. To this day, when I am facing down something that seems insurmountable, I take a breath and think to myself “just find a solution.”
Have you ever been given a lesson that has just stuck with you? Maybe you can still hum that song from third grade that alphabetizes the fifty states, or maybe a boss, coach, or parent once imparted a piece of wisdom that you can still repeat verbatim. I learned a lesson like that on one of my first jobs when I was barely a teenager, and I still find myself thinking about it monthly and repeating it to new employees decades later.
Have you ever seen the ABC reality show “Shark Tank”? Their weekly viewership of over 6 million suggests you have, but just in case, let’s have a quick review. Shark Tank features scrappy entrepreneurs and inventors pitching their ideas to high profile investors. They accept cash in exchange for shares in their success. When a deal is struck the music swells and the entrepreneur walks confidently off the soundstage, believing that the millions they have just accepted equals sure-fire success.
Everyone has a list of personal strengths that come naturally. Everyone also has a list of things that do not come as easy as they do to others. I find that people’s strengths and weaknesses generally fall into one (or more) of three categories:
IQ
EQ
Athletic/Physical
My definition of each is generally defined as follows:
What would your life look like if you could do exactly what you wanted, all day, everyday? I think that most of us would collapse into unproductive, hedonistic shadows of our former selves. The more righteous among us will buck against that prediction, claiming that the outcome of hard work is satisfying enough to justify the journey. While that may be true, there is no denying that many elements of the journey are less than ideal. The path to success is rife with un-fun activities. Toil is the rule, not the exception. Even Michelangelo is bitterly quoted in saying that "If people knew how hard I worked to achieve my mastery, it wouldn't seem so wonderful after all."
I would say that nine days out of ten, I am a very happy person, but that tenth day is no picnic. Every time I begin to feel my life sliding in the wrong direction, I stop to take inventory of what is happening in my world. Am I feeling good about life? About myself? And if not, then why not?
Over the years I have paid close attention to when I wasn’t feeling my best, and I have also paid close attention to the people around me who seem happy and content. In trying to emulate the satisfied people around me, and I have found that genuine happiness is dependent on three things:
Have you ever had employee that you just couldn’t make happy? I have. I have had employees complain about everything from pay rate to the brand of coffee we serve in the kitchen. I have tried bonuses, accolades, and free lunches, but at the end of the day some people find the negative in everything.
When I think about the rapid acceleration of AI technologies, I can't help but feel a profound sense of urgency. I feel like I have my eyes glued to a chessboard that no one else is paying attention to. We are getting dangerously close to a checkmate, but everyone else is averting their gaze. So with my urgency and general apathy in mind - I am going to put a stake in the ground.
Within the past ten or so years, our society has paid increasing attention to mental health. Challenges and disorders that were once stigmatized are now discussed freely - and people are more likely than ever before to seek support and professional help.
I have a gauge for knowing when I’m in a good conversation, and it is the impulse to take out my phone and start frantically taking notes on the things that are being said. They don’t happen often, but I found myself in one of those conversations not too long ago. The entire experience was surreal. Twas the night before my birthday (and dinner actually stretched into my birthday), and I found myself seated next to Jacqui Ainsley (Guy Ritchie’s wife) at an intimate dinner outside London. The topic of parenting came up, specifically parenting my daughter who was going through a difficult teenage period. Effortlessly, Jacqui filled up a page of absolutely brilliant notes and advice I still religiously read to this day. But as the conversation turned, she advised me to ask Guy the following day about Jungle Lions VS. Zoo Lions.
I came across an interesting concept the other day - the concept of “millennial gray” and the overall homogenization of interior design. In case you are unfamiliar, “millennial gray” is a light, neutral gray that skyrocketed in popularity about 10 years ago when millennials started to purchase and rent their own places. There are many theories behind the rise of millennial gray. Some claim that it is a natural pendulum swing away from Tuscan-inspired designs that were popular in the 90s and 00s. Others blame mass-production furniture retailers like Ikea and Target that capitalize on mass appeal. Others still blame rental culture. If you are limited in terms of living space modifications due to the fact that you are renting rather than purchasing, it is safer to stick with an adaptable neutral palette. But regardless of which millennial gray theory you subscribe to, you cannot deny that everything, everywhere is starting to look the same.
I recently wrote about a talk I heard from Jamie Dimon in which he said he isn’t overly concerned with our domestic economy.
In just a few short weeks, my personal opinion on that has shifted.
I fear that things are going to get very bumpy, very shortly.
I recently had the opportunity to attend a dinner where Jamie Dimon, JP Morgan Chase CEO, gave a talk about the future of our nation through the lens of both the domestic and global economy. His insights were eye-opening, to say the least. Dimon made it clear that we are living through a period of significant change, and that victory will not be won via war, but rather through resources.
All the way back in October of 2018, I wrote a piece called “Change what you are doing today so that robots can’t do it tomorrow.” In that piece, I urged everyone to ponder the question Can technology assist, and therefore devalue what I am trying to do?
Today, barely five years later, the answer to that question for everyone, is a resounding yes.
Creating A Game Plan
You cannot realistically accomplish everything that you want to in this life.
For most of us, there simply are not enough hours in the day to create a powerful career, foster strong relationships with our partners and families, explore our creative outlets, maintain our dream physiques, and live a life of infamy.
What do you need in life?
It sounds like an existential question, but I actually mean it literally. What do you need right now in order to live?
Everyday I hear people speak hyperbolically. “I need my apple watch to track my workout.” Or “I need some time off in order to relax.” Or even, “I need a private office since I take so many calls.”
But are those truly needs? Or are they just wants?
It is no secret that I have recently enjoyed some astounding success. In early 2021, a company I founded and self-funded sold for more than a billion dollars. It is an achievement I had barely hoped to dream of for myself, and I still wake up some mornings having to remind myself that it actually happened. I am incredibly grateful for the success, and fully recognize that I could not have gotten there on my own.
I have long said that I am ruthless with my circles. By that, I mean that I am very thoughtful about who I let close to me. I firmly believe that the people we surround ourselves with impact everything from our personal happiness to our financial success, and so I make sure that the people in my inner circle lift me up rather than hold me down. For a long time, I curated my circles based on my gut. If I had a good feeling about someone, I kept them around. If I suspected that they were opportunistic, lazy, or entitled, I distanced myself. Lately, I have been reflecting on where that gut instinct comes from and I realized that it all boils down to my personal core values.
Let’s talk about fear. Everyone is afraid of something - most of us are afraid of multiple things at once. Painting with a wide brush, I would say that most people are afraid of a few very common things. Fear of romantic rejection is a big one, as is fear of losing a job, the death of a loved one, and looking stupid in front of other people.
Henry Ford once said, “Whether you think you can or you can’t, you’re right.” It is an incredibly succinct statement that speaks to the power of internal drive, motivation, and the inevitable outcomes of both.
Throughout my life, I have seen that the people most driven to succeed are often the ones who do so. Success is not something that comes accidentally. It is hard-won, and the hardest battle you have to fight is the one with yourself. If you do not believe in yourself, how can you expect anyone else to? I approach both my career and my personal life with unflappable confidence in myself, first and foremost.
March 2021 marks a full year since the COVID-19 pandemic upended our world. For twelve months now, infection and death rates have dominated the news, anxiety has influenced our social interactions, and both our work and social lives have suffered immeasurably. At the beginning of the crisis, leadership was all about agility. The businesses that survived were the ones that could make quick and decisive changes. At the time, we thought we were implementing solutions that would last for a few weeks...months at the most. But now that a year has passed, it is time to examine the long-term impact of the pandemic.
I recently announced the sale of Byte, a direct-to-consumer dental aligner company that I co-founded with a business partner in 2017. This has been a tremendous personal and professional win. As I reflect on the journey (and celebrate the outcome), I realize that Byte was different from my previous ventures in several key ways. When I began Byte I knew it had incredible potential, but never anticipated the explosive success that we have enjoyed. As I pondered why that was, I realized that I have been unconsciously incorporating hard-won lessons in entrepreneurship in ways that poised Byte for success from the very beginning.
A few weeks ago I accomplished something that I never thought possible, even in my wildest dreams. I sold a company for more than a billion dollars. I founded the company in question, Byte, just a few years ago. As a career entrepreneur I had founded and sold businesses before, but I had never experienced such incredible growth in such a short amount of time. I learned a lot throughout the process, but as the dust settles post-sale I find myself reflecting on one significant truth that I did not expect to uncover...a truth about happiness.
The COVID-19 pandemic does not seem to be going anywhere fast. Our city has shut down, initiated an open, suffered a spike, and partially closed again. Amidst the constantly changing rules, regulations, and public opinion on the matter, one thing has become abundantly clear; business owners must quickly learn to balance the health and wellness of their employees with their goals and missions as a business.
I have been starting and operating businesses for about two decades now. I am experienced, so believe me when I tell you that the current confluence of a global pandemic, the upcoming election, and the dramatic shift in public perception is….complicated. The solutions people are calling for are not going to be simple to achieve.
Fred Rogers (of Mr. Roger’s Neighborhood fame) once shared this pearl of wisdom with his fans:
“When I was a boy and I would see scary things in the news, my mother would say to me, ‘Look for the helpers. You will always find people who are helping.’”
The COVID-19 crisis has fundamentally changed the way society and businesses are run. Restaurants and social gatherings are shut down, furloughs are happening left and right, and anyone who can work at home is working at home. We are being fed the narrative that this is all temporary, but it would be naive to think that this crisis won’t change the world in some lasting and impactful ways. A great divide is coming and it is time to ask yourself, are you a linchpin?
Have you ever thrown a pebble into a lake and watched the ripples expand? The pebble you begin with can be tiny, but eventually, the ripples will amplify to reach every corner of the standing water. That is how I look at the relationships I have enjoyed throughout my life. The relationships you maintain will ripple into every corner of your life. They will affect your health, your happiness, your decision-making, and your career. I have spoken about it before in my piece on how the people you chose to spend time within high school can be used as a predictor of success, but the older I get the more I find that this principle remains true well into adulthood.
January 1st 2020 marked not only a new year, but also a new decade. The 2010s are over and all we have got are the ‘20s to look forward to (jury is still out on whether they will roar or not). I am anxious to see what type of technology, politics, and culture will emerge in the coming years, but while we wait for the time to tick by it is worth reflecting on what the past decade meant to all of us. Personally, I learned a lot.
The holiday season is always a blur. It is busy at work, busy at home…busy everywhere. But as the last few days of 2019 passed me by, I couldn’t help but reflect on what I experienced this year and the lessons I will be taking with me into 2020.
This year was a busy one for me. I launched byte, a direct-to-consumer invisible aligner company. It has taken a lot of hard work, long hours, and course correcting but the business is doing well. Most of what I learned this year is related to growing that business. I have launched several businesses throughout my career, and so the lessons detailed below are not groundbreaking or newly discovered. Instead, they are fundamental life lessons that deserve to be repeated, and are reinforced for me year after year after year.
I recently heard a story from a friend about his grandmother. She is a WWII refugee from Eastern Europe, who had known a lot of struggle in her early life. Now, she was old and living comfortably in the United States as she had been for more than 60 years. A friend of hers recently developed Alzheimer’s, which I think we can all agree is a horrible disease that is incredibly difficult on the family and friends of the victim. But when that friend’s wife complained about how difficult the illness was to deal with, that little old refugee responded to her with a blank stare, saying, “I don’t get it. You are warm. You have a home. You have clothes to wear and food to eat…what is so hard?”
When I was 25 years old, I was working in sales. It was exciting and stressful, and I often had no idea where my next deal was coming from. I was new to the industry. It was competitive, and the pressure to perform well was ever present. Instead of panicking, I decided to keep my head down and move forward. I would start looking for a new deal before I had even closed out the last one and in that way I kept myself busy and the stress at bay. Months later, when I finally picked up my gaze and looked around; I was surprised to find that I was the head sales rep by leaps and bounds. The journey had been nerve-wracking and unpredictable, but through that forward momentum I was able to go farther than I ever anticipated.
Different people, and the life experiences they bring to the table fascinate me. They always have. I love learning about someone’s accomplishments, how he or she achieved them, and what they learned along the way. Throughout my life, I have spoken to hundreds if not thousands of people, and I have been passively learning through their experiences.
Have you ever heard the phrase, “defense wins championships”? This nugget of sports wisdom asserts that offense, while glorified and exciting, will not actually determine who comes out on top. If your team wants to win they are better off laying a foundation and protecting the home turf. But defense-heavy strategy is often frustrating to fans and players alike. Defense is the smart way to play, but offense is more fun. Charging the line, racking up points, and playing aggressively is exciting. It gets the adrenaline pumping and makes the players feel like champions, but it will never yield great results by itself.
I was recently interviewed by a major publication on my entrepreneurial experience and the importance of tenacity and perspective.
Here are a few sound bites pulled directly from the piece:
“I start every deal from scratch – from the scouting (i.e. what business to get into next) to the financing. We only do one thing at a time, so we have no distractions and only two options – to fail or succeed.
Congratulations! You are a winner. If you have landed on this blog post and are reading these words, then I can immediately deduce a few important things about you, and I am happy to inform you that you are jackpot winner. For example, I can instantly tell that you are literate, that you have electricity, and that you are enjoying an Internet connection. Those three simple things automatically make you one of the luckiest people alive.
At the risk of sounding like a jerk, I have a confession to make. My confession is that when I encounter someone with emotionally thin skin, I don’t coddle them. I pick on them. I pick on them until they either get stronger, or get out. So far, the results have been pretty evenly split.
What leads to happiness? When asked that question, a lot of people list off pleasant, aspirational things. Things like loving relationships and financial security. Some people have a sum of money in their head that they think will unlock happiness forever. Other people bank on finding their “soul mate”, as if one single connection will solve all of their problems. Those things are definitely nice, but they are not what happiness is made of. Incredibly, happiness is born of struggle.
In business, hubris can serve you extremely well. Confidence in your mission, your capabilities, and your opportunities can separate you from the pack. A healthy ego can make or break a businessman, and I often encourage the people I work with to move through their career with self-assurance. But while hubris and ego can help get a project started, I have seen it become a liability more times than I can count.
When it comes to building and selling a company, the path to success is pretty direct. In order to enjoy a successful exit, business owners need to keep cost down, revenue high, and growth promising. That may sound simple enough, but just because the path is direct does not mean that it is easy.
When someone refers to the “season of giving”, most people conjure up images of roaring fires, volunteers in Santa hats ringing donation bells, and ample amounts of family time. The holiday season calls generosity forward in a way that helps unite communities in a beautiful way. I know that I personally, always find myself in a giving spirit around that time of the year.
A few weeks ago I came across an article that completely transformed my thinking. The piece is titled This One Question Will Make Every Decision In Your Life Easier, and you can find it on Medium.com. The article profiles the British rowing team at the 2000 Sydney Olympics. They started out as a mediocre team, but once they started asking themselves “Will it make the boat go faster?” they completely turned themselves around and wound up taking home the gold.
Have you ever donated money and thought, “I wonder where that’s really going?” It is a sad reality that donated funds do not always wind up where we think they will. In fact, you can actually find entire charitable organizations whose sole mission is to help you find other charitable organizations worth giving your money to. This phenomenon of your money not going where you think it will happens at every level. Some organizations spend most of your donation on operational expenses, some are outright scams – even the guy asking for change on the corner probably won’t be spending that money on food.
The trick is finding reputable organizations that will use your money responsibly. You want a charity that is transparent.
When people hear that I am an entrepreneur, images of power suits and beautiful office suites often pop into their heads. After all, when we see entrepreneurial success on network television, it almost always takes the form of someone in designer clothing dashing across a busy city street in order to make it to their swanky office in time for the big meeting. All decisions are made mid-stride and everyone you see is confident and successful. You know what they don’t show you? Someone crouched over a computer 12 hours a day drinking cheap coffee and pouring over spreadsheets, relying on cold hard facts rather than their gut.
Have you ever heard the phrase, Jack of all trades, master of none? What it implies is that someone who tries to be sort of good at everything, will never be incredibly good at anything. Basically, anyone looking for a diverse set of skills and a wide breadth of knowledge will never be an expert.
That describes entrepreneurs exactly.
A few months ago, I spoke with a writer at Inc. about how entrepreneurs can stay open to new opportunities, both in business and in philanthropy. You can read the full piece here. In the article, we discuss how good entrepreneurs look for openings and needs within different markets, and how working harder and longer than your competition is what will ultimately get you across the finish line. The piece more than covers why it is important to look for new opportunities, but it falls short of what a good entrepreneur does when an opportunity arrives. Here’s the big secret; that opportunity is going to change.
I am an entrepreneur. At least, that is how most people see me. I launch, grow, and sell businesses, and I have been lucky enough to enjoy some success. But while I love what I do – there really is nothing like the thrill of getting a new business off of the ground – if I am ever asked do define myself, I prefer to call myself a philanthropist. I have been focused on giving back for my entire life. Ever since the Boy Scouts taught me to value generosity, I have looked for ways to bolster others. It is the reason I seek financial success so aggressively, and why I began The Blake Johnson Alliance.
Let’s talk about grit. Grit is what separates the winners from the quitters. Grit gets you through the tough times – the struggles. But grit isn’t just about buckling down and doing what is tough for the sake of getting it done. In order for someone to truly possess and exhibit grit, there are three essential things that have to be present:
1) Passion
2) Persistence
3) Appreciation
I was recently spending some time with a friend of mine from college. Since our time as freshman roommates, I have made a life for myself in business, and he has become a medical doctor. Even though we have had wildly different experiences since the time we split a dorm room, I realized that he is one of the few people in this world that I know beyond a shadow of a doubt that I can trust.
Every single person on this planet is unique. Everyone develops their own skill sets, takes different things from their educations, experiences childhood differently, and values things their own way. It is true that if you are smart and dedicated, you can turn your uniqueness into a super power, but the sad reality is that your individuality can just as easily lead to your demise.
I am often asked what it takes to become a successful entrepreneur. What skills or qualities are prerequisites for successfully launching a business? In my opinion, the most important ability in any successful businessperson is the ability to prioritize.
Let’s look at a hypothetical example. Let’s say there are four wildfires raging at one time. Three are relatively minor, but one is large, and is getting closer to civilization. What should the firefighters do? Should they attack the smaller ones first and claim easy victories? Or should they go after the largest, most life threatening blaze first? The answer here should be obvious.
Murphy’s Law states that if something can go wrong, it will go wrong. This may strike you as pessimistic, but when it comes to launching a business, it is incredibly pragmatic. Throughout my career I have started a half a dozen businesses, and I noticed the same phenomenon with every single one of them. Everything I did took twice as long as I thought it would, cost twice as much, and was twice as hard to accomplish. That lesson was hard learned the first time around. It lead to a lot of frustration and sleepless nights, but ever since then the journey has become incrementally easier.
When does a company cease to be an idea and instead becomes a real business? Is it when you get your tax ID? When you hire employees? When you accept investment? To me, the ultimate measure of a business is whether or not it can provide a product that people will buy.
Years ago, in the midst of a heated argument, I heard someone stop the discussion and say of their opponent, “I want to hear their side of the story before I respond.” Now, I mentioned this little piece of wisdom in my previous post, “Moderation is Key,” but it bears repeating here. Instead of immediately launching into his take of the events at the crux of the disagreement, this man stopped in order to entertain the opportunity of discovering more information. He wanted to make sure he had a solid understanding of his opponent’s position before he responded with is own thoughts and feelings on the matter. This may seem like a simple thing, but for something as simple and fundamental as having all of the information before choosing a side, it is incredibly difficult, and incredibly rare.
We live in an age of automation. Jobs are being taken over by machines. I have discussed this before in my blogs, The American Dream is Quickly Dying, and The Problem with Automation, but it bears addressing again. It is shocking to me to see how drastically certain industries have changed. When I was growing up, reporters controlled the flow of news. Today, the only space left for them seems to be in deep investigative journalism, since anyone and everyone with a twitter account now covers breaking news. I used to have to book family vacations through travel agents. Now, sophisticated searching databases like Kayak and Google Flights have all but eliminated the need for one. I am sure that reporters in the 80s and travel agents in the 90s thought that they had job security, and yet where are they today?
Today is Theodore Roosevelt’s 160th birthday. Here is my favorite thing that he ever said.
"It is not the critic who counts; not the man who points out where the strong man stumbled, nor where the doer of good deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who knows the great devotions, the great enthusiasms and who spends himself in a worthy cause; who at the best wins, knowing the thrills of high achievement but who if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat."
Negotiation is an unavoidable part of life. Whether you are negotiating a starting salary at a new job, the purchase of a home or car, or whether you or your spouse are going to go pick up your sick child from school, negotiation simply cannot be avoided.
Over the past few years, I have noticed a trend taking hold at an alarming pace – the trend of technology weeding out people’s jobs. This will not seem like a revelation to many of you. After all, we have all seen the self-checkout lines at grocery stores and watch with bated breath as Tesla attempts to perfect a self-driving Uber. I just flew from LAX to Toronto to visit the Bombardier factory where the plane we took completely flew itself from takeoff to landing without a human being. The pilots were there only to make us feel safe and actually fly the plane in the event something went terribly wrong – but of course, it did not. Once in Canada, I visited a McDonalds that was all but automated except for the cooks. Half of the jobs in the restaurant that traditionally had been needed were flat out cut. It’s all fascinating but what really keeps me on edge is the slow boil of it all. Today, tasks have already been automated. Automated skills are coming next. What happens when technology replaces management, medical care (doctors) or even legal representation (lawyers)? It may seem far-fetched but pay attention. It’s already happening and will only continue to evolve at a more rapid pace now that the foundation has been laid.
Imagine a world in which professional sports were not transparent – a world in which the general public didn’t pay attention to games or matches. Instead, every few days we would get news on wins, loses, rankings, and team value. We would have no context for what a win meant, because we would not have seen the blood, sweat, and tears that went into the victory.
Growing up, the mother of a close friend of mine worked as a teacher. She always used to say that people looked at the wrong indicators to predict success. Grades, standardized testing, and essay writing almost never determined someone’s value. Instead, she could tell how someone was going to do in life based on the friends they kept in high school. If an individual spent time with people less intelligent than themselves, they were unlikely to ever reach their potential, having learned to aim lower than they could reasonably achieve. Similarly, if someone who was struggling decided to hang out with a more driven crowd, good habits were likely to wear off. Those are lifelong and largely subconscious lessons.
Last year I joined the acquisition and collection committee for the Museum for Contemporary Art (MOCA) in Los Angeles. As a result, I have been exposed to many different artistic styles, periods, and creators. The entire experience has led me to wonder, “what makes one piece of art better than another?” I eventually came to a conclusion after hours upon hours after considering countless pieces, genres, and artists. The conclusion: one genre isn’t necessarily better or worse than the next but there are artists within each genre that are clearly better than the others.
Have you ever been backed into a corner? I am speaking literally here. When you are backed into a corner, it means your options are limited. If you want to move, you only have one, maybe two directions you can go. If given the choice, I am willing to bet that a lot of people would prefer to have more freedom than that, which is why it always perplexes me when I watch people back themselves into corners with their decision making.
I once chose to go into a business with a man who had no long-lasting friendships. He had an abundance of nearly everything: energy, drama, wealth….but he lacked in one specific and vitally important area; relationships. When I looked at his personal and professional network, I noticed that everyone around him had only been present for a few years at most. He was like a billionaire Jason Bourne.
They say there are only two certainties in life, death and taxes. I’d argue there is a third: change. Life always turns out different than we expect. Sometimes our dreams and aspirations fade and disappear into the sunset. Sometimes we manage to feel the joys of high achievement…but it never happens along the exact path we envisioned at the start. This realization is uncomfortable to some. The idea that we can never really execute our plans... But there is a secret very few people know. The best path, and subsequent result is SUPPOSED to be completely different than you initially planned on.
Have you ever met someone who had a lot of passion? It is inspiring. A person with an ardent belief that things will work out possesses a magnetism that is intoxicating and contagious. A lot of people like this become business owners, and it is understandable. If you are good at XYZ, you will want to found a company that is the best at XYZ – like a chef wanting to open her own restaurant. But while these incredibly heartfelt and adrenalized people are great to get a drink with, I am always wary of them as business owners. In my experience, people like this are not successful.
We’ve all heard that time is relative, right? An hour spent watching your favorite movie passes much faster than an hour spent in traffic. Well, the same basic principles apply to personal productivity. Something you are excited to work on is likely to go much faster than the annoying tasks that you would rather not do. Unfortunately, sometimes the fate of our passion projects rely on those menial tasks that are the mental equivalent of staring at the bumper in front of you for 60 minutes.
When I was in my early – mid 20s I worked in a high stress sales position for a commercial finance company. While the rewards of success in that position were amazing, few actually attained them. There were on average 150 other men and women that had the same job within the company and I was #1 and also the youngest in the company to ever attain that rank. We were given aggressive goals, and thus had a high failure rate and by extension, a high turnover rate. I wound up staying there for five years, which was much longer than most. Extended time in an environment like that afforded the opportunity to study my colleagues. I began to scrutinize. What made one guy succeed, and another fail? Was it dedication? Hours sunk into the job? Natural charisma? Turns out it was none of those things. Far and away the largest predictor of success at that company was attitude. If someone had the innate belief that they were good enough to do the job, then they were going to do the job.
I often say that I only hire people with track records of excellence. I think that every business owner would agree that it is ideal to hire the best of the best – after all it is not controversial to want hard working, dedicated people on your team. What is controversial, however, is the way in which hiring managers determine who the best of the best are, and I think that everyone is doing it wrong.
Every year as the calendar changes I pay attention to the season’s most popular resolutions. This year I have noticed that a lot of people are trying to “do more with less”. I have seen 30-day social media blackout challenges, and pledges to shed things that are not productive or beneficial. I think this is fantastic, and strive to maintain this attitude all year long. As January draws to a close and the diets are abandoned and Facebook re-downloaded, I want to urge everyone to keep up with the attitude of self care, particularly when it comes to the people you surround yourself with.
Anyone who has spent time at a water cooler can tell you that business doesn’t just take place in the boardroom. At some point, you will be expected to socialize with the people in your professional circle. At the beginning of your career, that might mean bar trivia, or an after work kickball league. The higher you climb, the more important these business/social situations become, and the more sophisticated the surroundings. It is an inevitable truth that at some point, you will be judged by your taste in restaurants, choice in sports, and drinks you order. At a certain level of business, there is a high expectation that you know your wines and your alcohol. Some of the most successful businesses people ever will judge you on your understanding of wine and spirits.
As 2017 draws to a close, I find myself reflecting on what I have accomplished this year, what I have failed at, and what lessons I can take away from it all. Below are the three most significant things I have learned this year, I hope that some of them will resonate with you.
25 year olds today are drastically different than 25 year olds from 15 years ago. Pervasive technology has changed everything from the way we communicate, to the way we date and find partners; to the way we do business. If I had told someone in 2002 that I wanted to leave early to Facetime someone I met on Tinder, and thus would have to answer my emails on mobile, they would have no idea what I was talking about.
Most people agree that running a transparent and ethical company is of the upmost importance, but how often does that assertion manifest in the real world? With the complete saturation of Internet access, social media influence, and smart devices that capture any and every bad behavior, I would say that ethical and transparent businesses are more common that you might think. At least, they should be.
If someone were to drop me in an Olympic pool tomorrow and tell me that if I could swim for two miles nonstop, they will give me $20K, I am fairly confident I could make it. But if someone dropped me in the ocean tomorrow and told me that I either swim two miles to shore or drown beneath the waves, then I am completely confident I would make it. Humans are capable of amazing things when there is no possibility of retreat.
What does it mean to “win”? Winning for you probably looks drastically different than winning for me. When my career was in it’s infancy, winning meant selling a company for profit. Today, anything less than a $100 million sale is not good enough. As I grew, gained experience, and learned through failing, I developed new standards and new expectations for myself. My perspective shifted.
The degree of automation in our world is increasing dramatically. On any given day, you might have the Amazon Echo read you the news, order a coffee from the Starbucks App, or check yourself out at the grocery store. Our medical care is becoming computer-driven, and even our cars are starting to drive us around instead of the historical inverse. While this is extremely exciting for businesses and active individuals like me who are always looking for ways to improve efficiency, I can not help but worry that without a shift in leadership values, that the lasting impact on future generations will be detrimental.