Zentrepreneur Webinar Workbook

Transcription

1 Zentrepreneur Webinar Workbook Learn How to Get More Done in Less Time Without Stress Using Mindvalley Founder Vishen Lakhiani s Productivity Hacks That Doubled His Team s Productivity

2 YOUR OFFICIAL WEBINAR GUIDEBOOK 6 Simple Tips to Get the Most Out of this Live Session 1. Print out these Webinar Notes before it starts so you can write down your notes as you listen. 2. Review the topic outline so you know what to listen out for. 3. Make sure you ve set aside 60 minutes of private time for this session so you ll be able to focus and fully receive the benefits of the Webinar. 4. During the event, write down ALL the interesting and new ideas and inspirations you get while listening - that way you won t lose the most relevant information to you. 5. Think of how you can implement the steps revealed in this session to start taking you to the next level. 6. Be in a comfortable position (ideally not driving) so you can fully take part in what Vishen will be guiding you through. Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!2

3 9 NEW things you ll learn in this session: 1. A simple Decision Matrix that reveals the thing you need to get your teams to focus on for 2. A process that easily identifies the to move your company forward and channels laser like focus and attention on it for explosive results 3. A simple hack to increase engagement by factors of, or even %. (It s a fact that engaged employees do better work, are more creative and deliver faster.) 4. The gamification secret that Vishen has adapted from the multi billion dollar video games industry that instantly reframes work into a and addictive so that your team delivers faster, with more and less need for constant oversight 5. The proven method used by world class sports teams to foster healthy, motivating, and competitive spirit that compels your team members to strive to be the best performer in your company 6. A surprising lesson from sports stadium s that keeps people and results oriented 7. How a simple tweak to turned Vishen s team into a goldmine of fresh new ideas and creativity Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!3

4 8. Vishen s personal secret that allows him to manage 150+ employees without stress, and actually have fun with his team! 9. How to execute, do more in less time, love your team and deliver your product whether it is a piece of copy, design, technology or a web page in half the time that it takes managers using old fashioned methods. Section 1 - Introduction What is Hyper Productivity? Being able to get done in time. Side effects You re more in your work, it s as if it s fuelling your happiness. What did Vishen get thanks to that, give 3 examples: 1. More excited about 2. and going on hyperdrive 3. new ideas and would emerge as if out of thin air 2 areas we re going to look into 1. The Self 2. The Group Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!4

5 Section 2- Self Mechanisms for Hyper Productivity 3 Ideas for Self Mechanisms for Hyper Productivity 1. Know Your Hourly Rate 2. Think 10 Products Ahead 3. Actuals vs Conjecture 1- Know your Hourly Rate Vishen s 1st step was to determine his hourly rate as an employee to be able set a goal to grow that hourly rate. In about 1 year, Vishen managed to grow this from $ to $ per hour. It kept on growing until now it s at least $. Why is it important to know your hourly rate? You are able to say to things that if you were just. List Vishen s examples below of what benefits he got from knowing his hourly rate 1. When booking travel options 2. Deciding what media to appear on 3. Making choices on social media or press 4. Commuting decisions Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!5

6 5. Who to spend time with at work Formula to calculate your hourly rate Look at the from your business. Figure out how much of those are of your personal use. In other words, it s whatever you make from. 2- Think 10 Products Ahead If you don t have time to do it right, you must have time to do it again. Why did this quote mean so much? If you are to do many products in the next years, why not do it, document it, turn it into a process, and then with a fraction of the time. How can this philosophy be put into practice? deck: document the entire process into slides that show everything about the process. The Online event DNA deck has pages, which may sound painful at first, but we only had to do it! Lesson: When we have an idea, we add a note directly to the deck, so we capture out ongoing refinements. Our decks grow overtime we do a new event. Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!6

7 How does it resemble the human DNA? Which areas of your business, for example, can you work with this? 1. : you always ask the same questions 2. : you follow a similar process 3. : you have to write multiple product pages Thanks to this, our productivity soared: In 2013 we did 6 launches, in 2014 we got up to, by 2015, we re on track to do! On top of that, when you document your processes, you can get significantly more done with amount of work. 3- Actuals vs Conjecture The idea came from Tom Chi, co-founder of. He worked on revolutionary concepts such as Google Glass and the self-driving car. In every decision you have to make with a team, there will be 2 types of ideas 1. : based on opinion - Don t do it! 2. : backed up by actual data ex: survey When you do this the clarity of your thinking inside a business or anything you re trying to do in life increases tenfold. And the quality of your decisions you make on the other side of the actuals is phenomenal - Tom Chi Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!7

8 This doesn t mean you ignore conjectures, rather, all you have to do is to turn it into actuals. Keep in mind: It s far easier to grow a business when you can learn from peers than stumble around by yourself and make mistakes that other people could have warned you from making. Section 3- Group Mechanisms for Hyper Productivity 5 ideas for Group Mechanisms for Hyper Productivity 1. Think in Process 2. Know your WIG 3. Establishing Leading and Lagging Indicators 4. Set a Scoreboard 5. Develop a Cadence of Accountability All of these ideas come from the 4 Disciplines of Execution by Sean Covey, Chris McChesney, and Jim Huling. 1- Think in Process When you have a process, you save a lot of time in Because we have a process, the teams can do their work in almost the time, freeing up the rest to. On top of documenting every detail, what do we do every week? Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!8

9 ASK YOURSELF 1- What can I Automate by Developing a Thinking Process? ex: when you write copy it could eventually take you 5 days, but over time you will find patterns and be able to reduce the time to 1 day. 2- What can I Automate by Hiring Someone to Build Once? ex: we hired a copywriter to take an already existing webinar that worked very well, so that he could improve on it and make a template. 3- What Can I Automate by Employing Someone Else? ex: Vishen hired someone for his interviewing process of authors, making him gain 5 hours from every interview and this process keeps getting better. 2- Know your WIG W I G We tend to shift this goal every to The book says that entrepreneurs get seduced by their natural ADD - they want to solve all problems at once. This can work individually, but with a team it can become. Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!9

10 Apple is a very focused company - why do they say no to great ideas every day? So that they can put. In determining your WIG, don t ask What s most important? Instead begin by asking: If every other area of our operation, what is the one area where? Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!10

11 What are the Rules that make this work for a company? Rule#1: No team focuses on more than WIGs at the same time. ex: With our WIG being to optimize Traffic - our design team will spend the bulk of their time innovating on landing pages that we drive traffic to. Rule#2: The battles you choose must ex: Nasa was a failure in the 50s, because they had items to focus upon, which were very big and vague. In the early 60s, though, JFK decided upon one WIG: I believe that this nation should commit itself to achieving the goal, before this decade is out, of landing a man on the moon and returning him safely to the earth 3- Establishing Leading and Lagging Indicators The goal you would set for the end of the year (your measure): is so far ahead it can be hard to see ahead and predict how you re doing. You also need measure: that you can look at on a weekly or daily basis that tell you you re going to hit your lag measure. ex: When your lag measure is weight loss, your lead measures could be the and. While conventional thinking says to keep your eye on, 4DX say to focus on moving the, which are the high-leverage actions you take to get the lag measure to move. On top of that, giving someone a lead measure can boost their. Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!11

12 We create Job descriptions in the company, which include their regular tasks every employee needs, and their leading indicators (for example, for our author researcher, her leading indicator is: Author decks completed to launch) 4- Set a Scoreboard In Vishen s example, why did no one care about the game? ASK YOURSELF Do you have a scoreboard where every employee can see how they are doing? Is it simple enough that it take no more than 5 minutes for anyone to understand how they are doing? Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!12

13 Notice: A good WIG has a clearly measurable outcome and deadline. Notice: A good scoreboard shows both the and the indicators. Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!13

14 5- Develop a Cadence of Accountability You must make sure your team is meeting regularly. During these meetings, you make a commitment to. What is the Whirlwind? the that consumes you. To grow your leading indicator, you need to, for which you need to block out time. Rule of the Whirlwind: If you don t selectively block off innovation time, The Whirlwind will expand to Fill it. ex: if Vishen doesn t force the Customer Support team to block off innovation time, every single person will do nothing but answer s. List down some examples of what this innovation time lead the team to do: Following are the 9 Keys to Success 1. Hold as scheduled 2. Make them (we do it for about 20 min) 3. Leader sets (explains their commitment in trackable terms and whether they met it) 4. Post the 5. success 6. Share 7. Refuse to discuss Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!14

15 8. Clear for each other (if someone is stuck, someone else might be able to help them) 9. Execute of the Whirlwind: there is no excuse to not innovate Section 4- Bonus Tip: 10% Better Fridays This idea comes from Tom Chi. The exercise is as follows: Every day on Friday, in the morning, he would ask himself: What aspect of work could I improve by. Why Friday? If you improve areas of your business by 10% every week, at the end of the year, the difference would amount to! Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!15

16 Use this space for your own notes THANK YOU for joining Vishen s Webinar! This webinar is held in conjunction with Mindvalley's new TribeLearn model for Peer to Peer learning to connect people in different occupations. Vishen and Ajit, Mindvalley s Founder and CEO, will be the host of our TribeLearn community for Entrepreneurs. And at the end of this webinar you will learn how you can join this community for a reduced price as a thank you for participating in the webinar. Please visit Copyright 2015 MindValley LLC and TribeLearn.com. All rights reserved.!16