Masterminding Tips: Creating Your Own Advisory Board

Forming a mastermind is one of the best decisions I’ve ever made in my business. This collection of five people, who are now my informal board of advisors (and, quite frankly, the business family that I choose for myself), helps me examine, create, and process opportunities. After a two-day intensive retreat I decided to put down the secrets to our success in an article. In this article on Entrepreneur.com I give you A No-BS Framework to Having an Effective Mastermind Group, including eleven steps that you can use to run a group of your own.

When done well, a mastermind is a valuable investment of time and energy. A mastermind serves as an advisory board, and provides different perspectives for solving business challenges. A mastermind group becomes the first call when questions arise, when you want to celebrate a success, or when you flat out have a crap day.

Published October 21, 2015 on Entrepreneur.com https://www.entrepreneur.com/article/251845

Creating Conversational Videos that Sell

Anyone who knows me knows I’m a fan of video–conceptualizing video, creating video, and profiting from video. It’s easier than ever to create your own videos now, needing nothing more than your phone. However there are some key tips to keep in mind when creating video if you want to be more than just a talking head. This article on Entrepreneur.com gives you four clear tips to use on your next video shoot.

Making a video that’s all you come off as not all about you is a challenge. If you use videos in any part of your business—be it for marketing, relationship management, staff communication, or training and development, make your talking head videos more conversational.

Published October 9, 2015 on Entrepreneur.com https://www.entrepreneur.com/article/251483

Capture Leads, Increase Sales, and Create an Additional Revenue Stream with Webinars

In my world, there are three types of webinars that you can use in your business. The first, the lead generation webinar, is where you are running a free webinar to get information and then sell something during/after the webinar. The second, a one-off webinar, is where you charge a set amount for a single webinar and then there are no other promises. The third, a webinar series, is like a master class where you can run multiple webinars as part of a bigger process or picture. Check out my article at Entrepreneur.com which breaks these down even further.

A webinar is a LIVE, interactive seminar done online. It’s a way for you to captivate and engage an audience. It’s a venue for interaction where you can gain valuable insights from your audience or help them come to valuable insights of their own.

Webinars are a great way to capture leads, increase sales and, my favorite, provide an additional revenue stream.

Published September 25, 2015 on Entrepreneur.com https://www.entrepreneur.com/article/250980

Do Your Research: Know Your Audience Before You Sell

Sales is a numbers game. Unfortunately, some sales people get caught up in the numbers and fail to do the slightest bit of due diligence research before picking up the phone or clicking “send” on an email. This contribution to Entrepreneur.com talks about an experience I had with a sales person who clearly didn’t do his research or know his audience. A lesson to us all!

Know your audience, do your due diligence research, and communicate what you know so you can create a platform for building a long-term relationship. It seems obvious, but it’s often overlooked.

Published September 11, 2015 on Entrepreneur.com https://www.entrepreneur.com/article/250453

Creating Positive Customer Experiences: The Little Things Matter

A popular saying goes, people may not remember what you said, but they will remember how you made them feel. A positive customer or employee experience can go a long way to your reputation and brand as a business, and as a manager or leader. It can also have a magnetizing effect, attracting people to you. This article, published on Entrepreneur.com, provides ten questions to ask yourself on how to create positive customer and employee experiences. Here’s a quick context:

If you want your customers to keep coming back, and your employees to keep performing at a high level, you have to create these positive experiences.

What do you do for your customers that moves you away from being a mere service or merchandise provider to a business that delivers a service or product experience?

How do you create positive experiences for your employees that enable them to see their role in the larger company vision and leave a feeling of belonging that sticks with them long after work is done?

Published August 31, 2015 on Entrepreneur.com https://www.entrepreneur.com/article/250043

Millennial Employee Retention Hacks: Equity is Important

Companies of all sizes and industries face turnover costs. With the growing number of millennial employees in the workforce, many businesses are feeling the impact of the decreased average tenure this generation brings to the table. In this article for Entrepreneur.com I explore how you can better retain millennial employees through a framework of workplace equity. Understanding these principles will allow managers to communicate more effectively to this generation and also engage them more meaningfully.

Retaining top talent starts with creating an equitable workplace.

Instilling workplace equity involves cultivating an environment where employees are treated fairly by management and, in turn, employees treat management fairly. It seems obvious. We’ve heard something similar since childhood—The Golden Rule. But what may seem obvious in principle is often not so apparent in practice.

Published August 14, 2015 on Entrepreneur.com https://www.entrepreneur.com/article/249548

Intrapreneurship and Entrepreneurship Killers: Phrases to Avoid

Creating an environment where innovation is encouraged is important for businesses who want to harness the power of employees’ ideas. In this article for Entrepreneur.com I provide three phrases to avoid if you’re trying to create an entrepreneurial spirit in the workplace. Read the full article for more details, including alternative conversation paths.

If you want to retain good employees, attract talent, and cultivate intrapreneurial spirit, DO NOT use these three phrases.

1. “Stick to your job. That’s not in your job description.”

2. “We don’t have the resources.”

3. “That’s not the way we do things here.”

Full article published July 31, 2015 at Entrepreneur.com https://www.entrepreneur.com/article/248986

Two Words that Kill Relationships: Not Possible

Exciting news! I’m now a contributor at Entrepreneur.com

My first article, based on a blog post I wrote early in 2015, discusses how two words can kill employee productivity and morale.

When you tell someone that something is “not possible” you typically get one of two reactions:

  1. The person will be determined to prove you wrong.
  2. The person’s spirit will be broken.

Either way the reaction is polarizing, pitting a leader against employees. It becomes me versus you or us versus them. Neither is productive.

Read the full story at https://www.entrepreneur.com/article/248522

Published July 17, 2015 at Entrepreneur.com

Developing Employees on Different Paths: The Principle of Equifinality

The idea of equifinality means that there are many paths to the same end—there are multiple ways to reach a final goal.

Think of navigating in New York City from Times Square to Lincoln Center. There are many different ways you can get from point A to point B, and many different methods of transportation to get you between points. Depending on traffic, subway schedules, weather, and other assorted factors, one way is likely faster than the others.

By choosing to take one way over the other—say on this given day it’s a taxi—you’re missing out on many other possible discoveries and observations that walking or taking a bus or subway would have presented.

If you’re focusing on cultivating a culture of innovation and developing your employees, those potential discoveries and observations are key to growth.

A fatal flaw that many managers make is assuming that their ideas or processes are always the best—the most efficient—and therefore need to be continually executed. This assumption (and acting on it) kicks any type intrapreneurial thinking to the curb. In doing so, you’re likely to lose top talent and have trouble retaining employees, especially millennials.

In organizations there are many ways to accomplish a single task. The concept of equifinality is alive and well. Yes, some processes may be more efficient than others, but often times in allowing employees the freedom to chart their own path, new efficiencies emerge.

An employee’s learning process in accomplishing a task is just as important as the task itself.

Here’s an example that applies to sales teams in almost any industry.

Think of a speech, or sales-script, written out word-for-word. If you give this document to ten different employees and tell them they must recite this pitch to-the-letter during all sales conversations, you’d ensure that the words coming out of their mouths were exact. But in doing so you’d be missing out on significant opportunities to develop individual delivery skills, provide employees ownership over their scripts, cater to a customer’s unique needs, and cultivate sustainable relationships between your sales force and potential clients.

How can you use the principle of equifinality to develop your employees? If you’re not sure, let’s have a conversation.

Note: In a previous blog I talked about three phrases that leaders should never use if they want to encourage innovation and participation. One of these phrases, “That’s now how we do things around here,” is very applicable to this post.

Bringing an On-Demand Mentality to Employee Development: How to Get Education to Employees When They Need It and Where They Want It

The training and development marketplace is flooded with sub-par providers. Institutions of higher learning are not adequately preparing graduates to enter the workplace and contribute in a substantive way. Brick and mortar models of classroom-based training and instruction do not allow for the innovation and collaboration that is essential for business growth. And needing to learn a skill for a project now, but having to wait weeks or months to take a seminar, is an outdated model.

Enter the growing potential of on-demand training and education.

Yesterday at Internet Week New York I attended a powerhouse panel with the CEO of Zeel, Samer Hamadeh, the GM of Pager, Toby Hervey, the COO of Handy, Alex Levin, a SVP at Postmates, Holger Luedorf, and a VP at Glamsquad, Amanda Rosenbergy. The topic: From On-Demand to In Demand.

Each panelist represented a different on-demand service niche—from massages to healthcare, from hairstyling to handymen.

The bridge that connects each of these businesses, though, is the realization that, within their respective verticals, they are bringing a service, instead of a product, to a client when and where he or she wants it.

My mind has not been this stimulated in a long time. I’m letting my geek flag fly.

I’ve worked in the online education space, in some capacity or another, for a decade. In that space I’ve witnessed significant changes about what constitutes learning, and numerous debates over the efficacy of synchronous versus asynchronous content delivery.

At the end of it all is the overwhelming understanding that there is no one best way to learn, and the simultaneous challenges that having the capability to deliver content through multiple channels, across various canvases, present.

I see universities and institutions of higher education struggle with delivering quality online instruction. I witness companies hiring trainers to come in for an isolated seminar given in a one-size-fits-all approach. And I see frustrated students and employees on both ends, because knowledge needs are not met.

Sure, we can go to YouTube and get information on any topic under the sun. But information doesn’t equal knowledge.

How do organizations bring the philosophies of on-demand services to employees in order to create a more engaged and productive workforce?

In the answer lies an opportunity.

Companies like Udemy, Lynda, Grovo and others are playing in this field with varying degrees of success, but I believe there are more possibilities to explore.

Here are three questions I see guiding the discussion:

How do we negotiate a person’s perceived self-efficacy on any given skill versus their actual performance?

The principles of on-demand service can apply easily to providing feedback. What mechanisms does your organization have in place to ensure that employees are getting feedback when they need it and when they want it? Are you giving feedback in a way that supports further learning, or is it obfuscated under the threat of essential improvement?

In general, we know millennial employees want more feedback than their Gen X counterparts. But how can we create the equivalent of a flight-attendant call button in the workplace to make sure the performance feedback needs are met?

How can we use principles of social proof and comparison to drive the desire for knowledge?

Social proof (a nod to the research of Robert Cialdini) goes a long way. Comparison and contrast can serve as a motivating force. When we can get employees to make the conscious choice to learn, of their own volition, organizations experience higher levels of employee engagement.

Think back to elementary school, before the time where “everyone is equal” in the classroom. I remember the giant chart on the chalkboard, with each student’s name and spaces for the gold stars for every book you read. Each week, when the stars were placed, I stared at that chart waiting to see if I had more stars than the other students. When I didn’t, I rushed home and begged my mom to take me to the library. If I lost one week, I ensured I wouldn’t the next.

I’m not advocating competition in all aspects of employee development, but if you create an environment where people are rewarded for improvement and recognized for contributions, you’ll have a workforce that is more eager to learn.

How do we feed training to employees in an easy-to-consume way?

People support what they help create. If you allow the employee to have some buy-in to his or her own personal development, you’re more likely to achieve sustained results that impact performance and productivity. I believe self-reflection and self-reporting are a part of this, as is the metric evaluation of learning, from both quantitative and qualitative methods.

I’m a big believer in what I (not-so-eloquently) call “digestible chunks” of learning. This philosophy led me to create a 52-video series called 60 Second Guru where I delivered subscribers a one-minute video, once per week, to help them improve their communication and presentation skills. This series continues to yield 25,000+ views each month. Organizations I’ve worked with often supplement my training or consulting with weekly videos delivered over a 6-26 week period with targeted questions that generate ideas pertinent to that person’s current position. In this way, I start to embrace the on-demand mentality. But I still have progress to make.

The availability of information is like an all-you-can-eat buffet. But organizations can strategically position certain entrees on the spread to increase consumption. What is your business doing to cater to employee development needs? Adopting an on-demand thought process is a good place to start.