NET OUT: Essentialism By Greg Mckeown

“Essentialism by Greg Mckeown” Notes…

ASK: “Is this the very most important thing I should be doing with my time right now?”

Pursue less but BETTER

Determine where the highest point of contribution lies and then make an execution of those things almost effortless.

If you don’t prioritize your life, someone else will.

Focus on what is absolutely essential by eliminating everything else.

ASK: Will this effort or activity make the highest possible contribution towards my goals?

We can choose how to spend our energy and time

Almost everything is noise and a very few things are exceptionally valuable.

We can’t have it all or do it all.

The right thing AT the right time THE right way.

Choice is an action

Certain types of efforts yield higher rewards than others. LESS BUT BETTER

The Law Of The Vital Few – You can massively improve the quality of something by changing small key elements.

An “Essentialist” discerns more so he can do less.

ASK: What is the trade-off I want to make- What can I go big on?

Playing is key part of life. DO NOT ignore play.

Overachievers- The real challenge for those who thrive on challenges is NOT to work hard.

Rest is EXTREMELY important.

Do fewer things no so you can do more tomorrow. (long term mentality)

Pursuit of something should be a HELL YEAH! or its a No. Has to be a definite yes.

Give things a score from 0-100 if its less than 90 do not do it.

ASK: If we could truly be excellent at only one thing, what would it be?

Learn to say NO frequently and gracefully. ONLY say yes to the things that truly matter!

Avoid the “sunk cost bias” – not cutting something off because you’ve put too much in it.

ASK: If I wasn’t already invested in this, how much would I invest now?

ASK: What else could I do if I pulled the plug now?

Comfortable with cutting losses

Making things better means SUBTRACTING

Get rid of options or activities that get in the way!

Every additional moment we have gained can be spend on something better.

Pursue less efforts to get results.

Eliminate meaningless activities and replace them with meaningful activity.

Restrain for stepping into issues or things that will burn time and energy.

Create Buffers – things that keep us from coming into contact with things that harm us. Money can be buffer, time processes, etc.

Use extreme preparation – prepare FAR in advance.

Add 50% to your time estimates.

Make a one time investment in removing “slow hikers” or things that get in the way of your processes.

Start small and celebrate small progress.

Progress is the number one form of motivation

DESIGN A ROUTINE THAT MAXIMIZES ALL ABOUT YOU AND MINIMIZES THINKING, TIME AND ENERGY.

Every habit is made up of a “Cue, Routine and Reward”.

Enjoy the “Present”. Be present where you are.

There is no way to “Concentrate” on multiple things at once. NO WAY

Make existentialism something you are.

The more items you pursue, the harder it is to follow up on all of them.

NET OUT: Monk And The Merchant by Terry Felber

“The Legend of the Monk and the Merchant by Terry Felber” Notes…

*Christians have a responsibility in business. Everything we do as believers can and should be done from a paradigm of ministry.*

Principal 1 – Work hard and God will prosper you.

Principal 2- Financial prosperity is often connected to soul prosperity.

Principal 3- Man must do whatever he can to provide for his family.

Principal 4- Trials develop your character, preparing you for increased blessings.

Principal 5- Take responsibility for problems that are the result of your own bad decisions. Don’t displace the blame.

Principal 6- See challenges as stepping stones, not as obstacles.

Principal 7- Be meek before God but bold before men.

Principal 8- Live debt-free and below your means.

Principal 9- Always keep to your budget.

Principal 10- Loaning money destroys relationships.

Principal 11-Set aside the first 10% to honor God.

Principal 12- Understand the power of partnership.

NET OUT: Next Generation Leader by Andy Stanley

“Next Generation Leader- Five Essentials Fro Those Who Shape The Future by Andy Stanley” Notes…

Pg.11- Leadership Principals that are ESSENTIAL for Next Generation Leaders:

Competence

Courage

Clarity

Coaching

Character

Pg.17- The less you do, the more you accomplish. The less you do, the more you enable other to accomplish.

Pg.19- Only do what you can do.

Pg.21-Identify the areas in which you are most likely to add unique value to your organization–something no one else can match- the leverage that to the max.

Pg.22- Don’t strive to be a well- rounded leader. Instead, discover your zone and stay there. Then delegate everything else.

Pg.22- There is no need to become an expert in, or even to understand, every component of your organization.

Pg.23- There are things you are responsible for that you should keep your nose out of.

Pg.27- Great leaders work through other leaders who work through others.

Pg.28- Delegation means growth, both for individuals and for organizations.

Pg.35- 80% of productivity comes from 20% of time spent.

Core Competency Questions:

What do you do that is most effortless from your perspective but may seem like a daunting task to others?

In what arenas do people consider you the “go to” person?

What do you enjoy most about your current job?

What do you wish you could delegate?

What do you do that elicits the most praise and recognition from others?

What environments do you look forward to working in?

What environments do you avoid?

What kind of advice do people seek from you?

If you could focus more of your time  and attention on one or two aspects of your job, what would it be?

Pg.44- Delegating is perhaps the single most powerful high-leveraging activity there is. There are people who love what you hate.

 

NET OUT: TrueFaced by Bill Thrall

“TrueFaced by Bill Thrall” Notes…

Pg.24 – Unresolved sin is the underlying problem.

Pg.25 – Sin done to us will always ignite the nature of sine already in us.

Pg.29 – When we are unable or unwilling to deal with the guilt or hurt of sin done by us or to us, something erratic and destructive overruns our landscape.

Pg.33 – Our pretending may be fueled by a sincere desire to make God look good by having our act together.

Pg.43 – Our motives direct what we value and how we act. Our motives ultimately determine our actions.

Pg.45- A theology of more right, less wrong behavior creates an environment that gives people permission to wear dozens of disguises and masks. It triggers and complicates the chain reaction of unresolved sin.

Pg.47-We only please god and become godly when we trust God.

Pg.48- We think we are a match for sin…. that all we need to is to work harder and do more.

                                                 Pg.66- Sin will not be managed.                                                      

Pg.72- We see one another as saints who sin rather than as sinners who are saved. This allows us to stand with each other in the reality of sin.

Pg.74- God carefully designed his “influence system” so that we would have to influence far more out of who we are than what we do.

Pg.84- Receiving love comes before giving love.

Pg.85- We tend to see our needs as weaknesses…our weaknesses are actually the attitudes and behaviors that emerge because of the unresolved sin in us.

Pg.90- The degree to which we let others love us is the degree which we can be loved me no matter how much love they have for us.

Pg.100- The intention not to sin is not the same as the power not to sin.

Pg.104- In the repentance process, you have to have the hope that the sin can be defeated.

Pg.105- Child like trust pleases God.

Pg.120 Forgiveness – 1. Admit something happened.

2.Forgive the consequences of the act done against you.

3.Tell god what happened to you

4.Forgive the offender for your benefit

5.Fogive the offender when they repent, for your sake.

6.Distinguish between forgiving and trusting your offender.

7.Seek reconciliation, not just conflict resolution

Pg.131- Life in the room of grace teaches us to wait for exaltation rather than to pursue a position or power.

Pg.135- We believe who God says we are and that he has made us exactly who he wants us to be. We are not trying to change into another person.

Pg.135- We trust, wait on God, rest on God’s promises, grow in health and authentic relationships so we will mature toward the day of God’s releasing us into our destiny.

*One of the greatest things we can offer another person is a place to fail.*

NET OUT: Running Lean: Iterate from Plan A to a Plan That Works by Ash Maurya

Running Lean: Iterate from Plan A to a Plan That Works by Ash Maurya

Running Lean is a systematic process for iterating from Plan A to a plan that works, before running out of resources.

  1. In Lean Startup, we strive to optimize utilization of our scarcest resource, which is time. Specifically, our objective is maximizing learning (about customers) per unit time.
  1. The first step is writing down your initial vision and then sharing it with at least one other person.
  1. Your job isn’t building the best solution, but owning the entire business model and making all the pieces fit.
  1. The bigger risk for most startups is building something nobody wants.

Stage 1 –  Problem/Solution Fit

Stage 2 – Product/Market Fit

Stage 3 – Scale

Key Question: Do I have a problem worth solving?

The first stage is about determining whether you have a problem worth solving before investing months or years of effort into building a solution. While ideas are cheap, acting on them is quite expensive.

A problem worth solving boils down to 3 key questions:

  • Is it something customers want? (must-have)
  • Will they pay for it? If not, who will (viable?)
  • Can it be solved: (feasible)


Stage 2: Have I built something people want? & Stage 3: How do I accelerate growth?

Distinguish between customers and users. Customers pay you for your product, users do not.

  1. You can’t effectively build, design and position a product for everyone.
  1. Be different but make sure your difference matters. UVP – Unique Value Proposition.
  1. A good UVP gets inside the head of your customers and focuses on the benefits your customers derive AFTER using your product. 

Instant Clarity Headline = End Result Customer Wants + Specific Period of Time + Address The Objections

Exp: “Hot fresh pizza delivered to your door in 30 minutes or its free.”

  1. First sell manually, then automate.
  1. You have to sell your product yourself, before letting others do it.
  1. Getting paid is the first form of validation.