Derailers for leaders (Why CEO’s Fail by Doltich and Cairo)
- Arrogance
- Melodrama
- Volatility
- Excessive Caution
- Habitual Distrust
- Aloofness
- Mischievousness
- Eccentricity
- Passive Resistance
- Perfectionism
- Eagerness to Please
Author: Behzad
Get Smarter
From Get Smarter by Seymour Schulich, strongly recommended are:
- Read books at least half an hour every day
- Study financial history
- Never give options for free
- If you want to learn a second language, learn Mandarin!
- Money’s value falls 90 percent every 30 years
This is a very good, fast read, and I will publish more lessons from this valuable book.
Recite this
“It’s easy enough to be cheerful when life flows
along like a song
but the person who is worthwhile is the person
with a smile
when everything goes dead wrong. ” –Ella Wheeler Wilcox
Make Stars, Don’t Hire Them
- Hire people who want to become a star and are looking desperately for an opportunity to shine.
- Challenge them and put them into a test employment.
- Look into universities and new graduates.
- Manchester United recruits the talents and turns them into stars; then sells them off to other teams at a very high price. Hiring talents actually generates a profit!!!
Execution Is Key
It’s always been a challenge to innovative and to create something that nobody has thought of before. Compare online networking/dating sites, aesthetic and beauty products, VOIP companies or virtually anything else; there is always a competition with similar ideas at the core, but different execution in practice.
- Perfect EXECUTION is the distinguishing factor in success!
- The best product is not necessarily the most popular, e.g. Apply iPod.
- They say a great start is half of the success, yet a great finish is all the success.
Negotiation Tools
Great negotiation tools are over basic human interests [Roger Fisher & William Ury]:
- “security”
- “economic well-being”
- “a sense of belonging”
- “recognition”
- “control over one’s life”
If You Think You Know What You Should Do
- Once you think you should do something, don’t hesitate it! Just do it right away.
A lot of times, it happens that I really feel or know that I should do something, sometimes there is some time to do it, such as changing the job, calling parents or friends, or getting car brakes checked. But often it is only a moment left to do and if you don’t do it at the that moment, it will be lost, such examples abound, seeing the supervisor or boss on the other side of the street and avoiding him, not buying the second domain name, not stopping by to buy corns from a road side vendor, …
- More thinking = delay = procrastination = … = more complications = sorry!
Do Not Yield To The Norm
- Do not yield yourself to the norm! because there is none.
- Live as if you have until tomorrow!
- Life is a chaotic system; full of patterns and unpredictables!
- Only the effects remain!