ARTICLES

Written By Rich For You.

Start Thinking BIG Before You Get Small.

Most of the time we think small. It's normal. Why do we think small? We're usually trying to closely track many of the details of our work.

The phone calls, the email follow-ups, the elements of the project, or cleaning up after other people.

The nature of our position makes us forget to see the ENTIRE forest because we are focused on every single tree.

The problem is — if we don't start thinking BIG, we usually get used to thinking small. Not that it's a bad thing — but thinking BIG is a prerequisite for GROWING.

Growing your position, growing your business, getting the RIGHT people to stand up and notice you and what you can really do.

Of course, you can just go along and do what you've always been doing — you make the cash, you have the stability, you get comfortable with that reality.

But someday, reality is going to come knocking at your door. And you're going to have to answer it.

So here are three ways to start thinking BIG:

1. What is your COMPETITION doing?

If you work for an organization, think of your best performing peers. If you run your own business, who is the best in your industry?

Big thinking organizations make strategic decisions that take them out of their comfort zone — Apple, Netflix, Amazon, Facebook, Google — sometimes they fail, but if it takes hold, they're going to upset many industries along the way.

2. Where is your INDUSTRY going?

Again, we tend to never step back and see where our industry is headed — sometimes we are working too hard and forget — sometimes we stick our head in the sand and try not to look. Whichever one you are, you need to keep your eye on the prize. Is it growing or shrinking? Is it changing — for the better or worse? Can you chart a course for your career along that new trajectory? Or should you start making your way to the lifeboats and don your lifejacket?

Thinking big is staying current with what is happening to your industry. And taking 1-2 steps ahead — anticipate the curve.

3. What would your 'BEST YOU' do?

This is a great practice to get you out of your safe, fuzzy and warm bubble and to start thinking BIG.  Don't think of your current self or your current situation. Begin to think of an alternate universe where your 'best self' lives — what would they be doing right now? What is their position? What projects would they be working on? Who would they be talking to, accessing, and leveraging to get things done.

This is a great exercise for you to start thinking about YOUR abilities — how far you can push yourself.

If you want to be BIG — you have to start thinking BIG — Right Now.

P.S. Got this idea from my good friend Margo Meeker, therapist/life coach extrodinarire - her motto is 'be your best self'. Thank you Margo!

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Are You On Cruise Control?

I drove to my networking meeting this morning and I take the Merritt Parkway (one of the more beautiful highways in the U.S.). I got off at the North Street exit and next thing I know, I'm on the Post Road. 10 minutes evaporated from my life — it's like those X-Files episodes where people lose time when abducted by aliens. One second I'm exiting onto North Street and the next, I'm on the Post Road. I was on mental cruise control.

Is you business or career on cruise control? One second you're celebrating the start of 2016 and the next, it's June 23 — half the year has gone by. All those amazing plans you had in store for growing your business or getting that promotion are almost gone. We all know during July and August everyone's away — and next thing we know it's September — almost the end of the year.

Why does this happen? We get TOO caught up into the 'maintenance' of our business/career — servicing clients, making the donuts, etc. — and not enough time in 'development' — investing in new products, delivering a new project, etc.

We spend ALL our time on running our business/career and not enough time planning/developing/launching new improvements. This happens frequently in the IT and Manufacturing industries — too much maintenance and you're going out of business because a competitor has beaten you with a better/faster entry.

Step back and spend 1 hour a day on developing and executing future plans for your business or career. Where does your business need to go in the next 5 years? Where does you career need to go — up at your current company or out?

Don't get caught on cruise control — you might drive right into a tree.

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Top 10 Most Read Articles In 2014.

Every year, I go back and track my website analytics to uncover what articles really resonated with my readers. Here are my top ten for 2014 to get you ready for 2015!

1. The Most Important Thing You Should Do In The Shower.

Acknowledge and feel gratitude for all the special things in your life.

2. How To Network Like A Pro.

Last night, I was invited to attend a gala event at the prominent investment firm in NYC. Here are some key techniques that I used to make the night a fruitful and productive one.

3. Build The Best Standing Desk For Your Office.

Lately, I’ve been reading about the healthy aspects of standing desks and learned about all the attributes of standing: better posture, more active, easy to reach items, etc.

4. Be Like Jack LaLanne.

I grew up with Jack LaLanne. I used to watch him every morning on TV. Jack taught me a lot of things about life — especially to stay positive all the time.

5. How To Eliminate Guilt About Not Doing Everything.

Some Shiny Objects are good. Some are bad. Let’s talk about the BAD Shiny Objects.

6. Be A Better Leader – 30 Leadership Hacks For Managers.

Here are my top 30 hacks to make you a better leader.

7. Top Five Regrets of the Dying.

When dying patients were questioned about any regrets they had or anything they would do differently, common themes surfaced again and again. Here are the most common five.

8. Five Tips To Fix A Bad Relationship With Your Boss.

You're getting the feeling your relationship has soured with your boss. How do you repair it?

9. Hitting A Wall In Your Career? You Need A Breakthrough.

It's tough today. It’s hard when everything is coming at you. Hard to think. Hard to act. Hard to react. As they always say — the first step is always the hardest.

10a. You’re Not Charging Enough For Your Services - Part One

10b. How To Charge More For Your Services. - Part Two

I received a huge response from readers who requested a number of techniques to help them raise their pricing. It became a two-part article. Enjoy!

If you truly want to change your life, career, or business this year. Check out my complimentary Test Drive.

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The 3 A's Of Awesome.

Neil Pasricha's blog '1000 Awesome Things' savors life's simple pleasures, from free refills to clean sheets. In this heartfelt talk, he reveals the 3 secrets (all starting with A) to leading a life that's truly awesome. (Filmed at TEDxToronto.)

Catch Neil's blog here: http://1000awesomethings.com Catch more TED talks here: http://www.ted.com

Image sourced from video.

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Top 10 Reasons Why You're Not Getting A Job.

As a business and career coach, I run into so many different people every day. I attend conferences and events, I run workshops and webinars, and I host team masterminds for all types of professionals. And guess what? When I talk to the unemployed, I've heard all the excuses why you don't have a job. Here are the top ten realities of your job search today:

1. You're waiting for the phone to ring or the limo to pull up to your house and whisk you off to your new position.

This is my #1 pet peeve when I host job-search workshops. People say they are busy, they're sending out resumes, but the reality is they are mentally waiting for a knight in shining armor to whisk them away to a new cushy position. Guest what . . . it's never going to happen. NEVER.

Unless you're a recently fired CEO with massive connections to firms who want to hire you and subsequently ruin their company, no one is going to call and no one is driving up with a black stretch limo. Once you realize you are on your own and only YOU can change your situation, it's time for a mental ass-kick to get your head on straight.

What To Do: You want an mental ass-kick? Start listening to motivational speakers to keep your mental energy level up and constant. Check out Zig Ziglar, Dale Carnegie, Jeffrey Gitomer, and my favorite Bennie Hsu at Get Busy Living Podcast. He's the best!

2. You rarely go out.

You get up at 9 AM, you probably don't take a shower, you get dressed in your old geriatric Adidas sweatsuit, and sit in front of your laptop. WRONG!

What To Do: Get up at 5 AM, go for a walk/run outside, take a shower, and get dressed in real clothes. You don't like it? TOUGH. This is your workday and for the next 8-10 hours, I am your drill sergeant and you will deliver 110% looking for a job every Monday through Friday. Set up a schedule which takes you outside every single day. Meet people for coffee, hit the library, go to the gym, walk around the park. Strike up conversations with people — you never know who you will meet.

3. You check the web for postings, send out a few resumes, and watch Ellen, Rachael, and Jerry the rest of the day.

Unemployment is not a vacation. You have to attack your job search like any project you've ever delivered at work.

What To Do: You have to:

  • Focus on the marketplace - What companies are doing well? Where are the growth areas? Who are the movers and shakers?
  • Analyze your attributes against your competition - Do a SWOT (strengths, weaknesses, opportunities, threats) analysis on YOU. Figure out how you leverage your strengths and opportunities.
  • Develop key targets to go after - Analyze your commuting radius, find out all the potential industries and organizations within your circle, and begin to make a hit list.
  • Execute - Go after each one incrementally in a cascade pattern to ensure you are not inundated with tasks, but your search is progressing in a healthy fashion.

4. Your industry has changed.

You actually thought people were going to buy slide-rules FOREVER. Yes, that's right, you're industry is changing. And guess what? Everyone's industry is changing. Some are morphing into other forms, some are merging, many are shrinking, and a lot are just plum going out of business. If you thought you could keep your job or profession for 30 years, I have a DeLorean to sell you.

What To Do: Figure out where your industry is going and either stick around for the very bumpy ride or jump off at the station for the next train. Get to thee library, my dear young minstrel and start understanding what is really happening in the marketplace. Read the WSJ, Medium, BusinessWeek, Fast Company, Inc, and Foundr. Also meeting with industry luminaries doesn't hurt either.

5. You're too old.

Where did the time go? You were having so much fun as an executive in a corner office working on strategy and mergers, you never saw the axe coming for you until it was too late. Now you're 55 and no one wants you. Let me rephrase that — no 20-year old in HR wants you. The minute they do the college graduate math in their head (or on their calculator), your résumé is flying faster than a 767 into the circular file. And the funny thing is you keep doing it.

What To Do: Stop repeating something which doesn't work and expecting something different. You have to get out of the HR/Recruiter trap and move up the ladder and meet/engage/schmooze the hiring managers. Go to industry events, reach out to them via LinkedIn/Twitter, and google their name to get to know them. Then reach out and try to meet them.

6. You're too young.

Where did the time go? You were just in college wowing them with your 4.0 GPA and now no one will take your calls because you have no experience.

What To Do: It's time for you to get some experience! You need to call in every chip on the poker table of life and have them connect you with possible paid intern/entry level positions. Let's get real — you might have a little bit of knowledge, but your don't have the experience to hit deadlines consistently, run a meeting, handle an angry client, manage a boss, or run a complex project. You have to take a small hit position/salary-wise and build up those talents before you really hit the big leagues of life.

7. You're unrealistic about your position and your salary.

"Look, I was Vice President of Strategic Initiatives with a yearly base salary of $275K. Why doesn't anyone want me?"

What To Do: There are a finite number of positions out there which might fit your position/salary requirements, but you will never find them in time. I know, you might run into them, but most likely, NOT. You have to be a bit flexible on the Who/What/Where/How Much in the current marketplace. Try to broaden your scope and see what else is out there. It might not be a VP position, or one drowning in strategy. It might be a bit lower than $275K a year — but then again, it's higher than the $0/year you're pulling in now (great tax benefits though).

8. You have a glass-half-empty mentality.

No one likes a whiner. I just spoke with a prospect this week who could not stop talking about all the bad bosses and decisions they've made in the past 10 years. The first rule of your job search: Never, ever, say bad things about your past. Not only does it cloud anyone's opinion of you, it brings your mental state down into the basement.

What To Do: Start imagining what life would be like if you had that wonderful position RIGHT NOW. Where would you be? Who would you be working with? What would you be doing? How would you get there. Stop thinking and feeling guilty about the past and start preparing for your glorious future. Get your head half-full immediately.

9. You're afraid of Thinking Big and reaching out to the real power-brokers.

No one is going to think big for you (except me). You hamstring your search and actions by being risk-averse. You're afraid of rejection and will never put yourself in a position of actually touching key movers and shakers in your industry. No . . . you will continue to interview with 20-year-old HR reps who text more than they think and wonder why you don't have a killer position.

What To Do: Get a piece of paper and write down what would be your PERFECT job. Now actualize it in your universe — find those companies who fit the bill and reach out to the key people who run those positions. The funny thing is . . . these same people are always on the lookout for new talent. You're just not putting yourself onto their radar.

10. You've given up.

You've tried again and again to get a job offer, an interview or even a solid connection and it seems the cards are stacked against you. It's been years since you've worked and you're draining your savings account to keep your household afloat.

What To Do: You can always try again. Take a different tack, work on an alternate strategy, reach out to new people. In fact, I just worked with a client who was unemployed for two years and within three months, he had a number of offers and took an incredible job. You never know where your next break will occur.

Free image provided by iStockPhoto.

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How To Present To Deliver The Best Clients.

This is one of my favorite scenes from Mad Men where Don Draper not only grabs Kodak, he delivers a one-two knockout punch. Pay attention to his rhythm and cadence during his talk.

This is one of my favorite scenes from Mad Men where Don Draper not only grabs Kodak, he delivers a one-two knockout punch. Pay attention to his rhythm and cadence during his talk.

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C-Level, Media Piece Rich Gee C-Level, Media Piece Rich Gee

How to Handle An Insubordinate Employee.

This is one of my favorites — insubordination is a recurring problem in corporate life today and many of my client sessions center around how to deal with these situations in the right way.

This is one of my favorites — insubordination is a recurring problem in corporate life today and many of my client sessions center around how to deal with these situations in the right way.

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Got A Great Testimonial Today.

Testimonials allow my organization to measure our effectiveness.

Over the past year,  I've worked with an influential CEO of a major financial advisory company in NYC. During that time, we got A LOT accomplished and we had a lot of fun. He requested in-person meetings with Skype follow-ups and I modified my services to provide what he needed (the team at the Rich Gee Group aims to please!). So without further ado . . .

“Rich has been instrumental in the growth and success of my career and organization. He has a unique ability to inspire you and think outside the box to deal with challenging situations.  I would highly recommend Rich to anyone.”

It's been a great ride and I hope to remain friends forever.

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Media Piece Rich Gee Media Piece Rich Gee

A Startup Job Is The New Office Job.

"Startups are part of the system, not a rebellious wrench in the cogs."

Alex Payne brings a powerful manifesto to all recent grads who want to jump onto a startup:

"If you’re in your late teens or early twenties, you’ve grown up in a world that has come to idealize startups, their founders, and the people who go to work at them."

"If you’re in school, maybe you’ve felt pressure or been incentivized to drop out and join or start a company. If you’re already out in the working world, perhaps you feel that your non-startup job is in some way inadequate, or that you’re missing out on valuable experience and potential wealth."

One of my favorite lines from Alex: "Startups are part of the system, not a rebellious wrench in the cogs."

Read it here.

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Media Piece Rich Gee Media Piece Rich Gee

Perfectionism — The Killer Of Thousands Of Entrepreneurs.

"One of this biggest things that can kill a persons hopes and dreams is being a perfectionist. It’s that little voice in your head saying that you are not good enough… that the product is not good enough to ship, that the book is not good enough to finish, that you are not good enough for the promotion, and many more."

"The thing to realize that having a failure, does not make you a failure."

"One of this biggest things that can kill a persons hopes and dreams is being a perfectionist. It’s that little voice in your head saying that you are not good enough… that the product is not good enough to ship, that the book is not good enough to finish, that you are not good enough for the promotion, and many more."

Another great post from John Cooper on what ails many entrepreneurs today.

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Top 8 Critical Articles You Should Be Reading TODAY.

Do yourself a favor - pick up all of these issues — they are chock full of POWERFUL ARTICLES.

I've been blown away with the level and caliber of magazine articles lately. 

Instead of puff pieces, they are cutting right to the chase with powerful, informative and critical information executives, business owners and in-transition people need to succeed in today's marketplace. So here goes:

Inc. Magazine

The 25 Most Audacious Companies

Inc. 's first annual Most Audacious list features entrepreneurs who are original, ambitious, and totally uncowed by impossible odds.

Why Everyone Is an Entrepreneur Now

Job-hopping might ruffle a corporation's feathers, but employers need to accept it's a way of life.

Fast Company

The 100 Most Creative People In Business 2013

Data Geeks, World-Changers, Actors, Rappers, and all types of innovators prove the value of creativity at a crucial time in business.

The Future Of Technology Isn’t Mobile, It’s Contextual

It’s called situational awareness. The way we respond to the world around us is so seamless that it’s almost unconscious. Our senses pull in a multitude of information, contrast it to past experience and personality traits, and present us with a set of options for how to act or react.

Bloomberg Businessweek

In The Future, We'll All Be TaskRabbits

The temporary workforce in the U.S. is looking increasingly permanent. In April, 2.66 million people took on temp work, making up almost 2 percent of the country’s overall workforce, according to the Bureau of Labor Statistics.

Boomers Plan to Delay Retirement. Then Life Intrudes

If you’re one of those aging boomers who’s counting on extra years of work to save your nest egg, keep in mind that relatively few people end up doing it.

Entrepreneur Magazine

Entrepreneur's 100 Brilliant Companies for 2013

We talk a lot about ideas: what inspires them, how to act on them. But it's really quite simple: The best ones come from just going about our lives -- encountering, then attempting to resolve, both major obstacles and quotidian annoyances.

10 Habits College Entrepreneurs Should Forget at Graduation

You've made it. The finish line. With that degree in hand, now you can finally start the business you've spent years planning, right? Not so fast. After years of cramming for exams and attending class in your pajamas, you may have picked up a few bad habits.

I've tried to mix it up a bit for all readers of my site — please pick up all of these issues — they are chock full of POWERFUL ARTICLES.

 

 

 

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Thinking Big vs. Thinking Small.

Find yourself thinking small? Too afraid to think big?

Find yourself thinking small? Too afraid to think big? Think Big: Take chances. Think Small: Take no chances.

Think Big: Meet New People, Target important contacts, Touch Movers & Shakers Think Small: Stay within your current group of contacts and colleagues.

Think Big: Spend money, Invest in your business, Grow your career. Think Small: Don't spend money, hunker down and wait for the issues to go away.

Think Big: Speak in front of people, Go after bigger and bigger groups, Attract influentials. Think Small: Keep your ideas to yourself, Think of writing a book, Never complete it.

Think Big: Take on more than you can chew, Push yourself, Reach higher (and higher). Think Small: Keep things in context, Don't push yourself, Stay within your box.

Think Big: Inspire people, Get their attention, Be a BILLBOARD. Think Small: Do the same things and expect a different outcome.

Think Big: Challenge yourself, Change the game, Make It HAPPEN. Think Small: Be content.

Think Big: Consult with experts, Ask questions, Challenge the status quo. Think Small: You know enough.

Think Big: GROW. Think Small: SHRINK.

It's that simple.

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Your Presentations Stink! Part Two: Bar Charts.

How to make your presentations easy to build and easy to understand while you wow your audience.

This series is an offshoot from my nationwide corporate workshop on “You Will Own The Room”.  If you want to see part one where I explain the who, what, where, when, why, and how, click here.

So . . . bar charts. We all use them. They are so simple and yet we go out of our way to make them complex and hard to read. Again, it's not your fault — MS Powerpoint and Mac Keynote offer up so many features, you are lured into the world of 3D, colors, shapes and sizes!

I'm here to bring you forward — to easy to understand, easy to design, and effective bar charts.

Let's step back for a second and review why we use bar charts:

  • They take a boring list of numbers and make them live on the page.
  • They allow you to make additional insights into the data which would be difficult with a list of numbers.
  • They are powerful. And they can be easily skewed by modifying the values, timescale, or other measures.

What's a good, simple and easy to understand bar chart? Here's one:

Untitled 7.001

Why is this bar chart better? I'm going to hit many of the same points for your presentations:

  • You are not inundated with a barrage of colors.
  • You don’t need a legend.
  • The data labels and percentages are placed right onto the bar chart.
  • Why use colors? You don’t really need them.
  • The best part? This slide can easily be printed — and the viewer can also take notes on it.
  • I also added internal 'tick marks' to each bar to easily allow you to count the block and quickly estimate the value. So there are three ways to get the value from each bar.

Next up . . . Slide Design & Backgrounds!

 

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Your Presentations Stink! Part One: Pie Charts.

How to make your presentations easy to build and easy to understand while you wow your audience.

This series is an offshoot from my nationwide corporate workshop on "You Will Own The Room".  Powerpoint (PC) and Keynote (Mac) force the average user to use many of their various tools to supposedly make their presentations 'better'. Unfortunately, they make them more colorful, complex, and hard to understand. Mix in the barrage of bad slides and presentations out there — and you get a real mess on your hands.

More colorful, more complex, and more stuff do not make a great presentation. Actually, just the opposite.

Over the next few weeks, I'm going to present various elements I frequently run into when working with C-Level executives and their support staffs.

First up . . . Pie Charts. You know how bad they look.

Now let's take a look at a MY slide:

2012 Pie Chart New.001

Okay . . . it's not as colorful. And it's not 3D. But it presents a number of elements that make the information clearer and easier to find:

  • You are not inundated with a barrage of colors and shapes. It's simple and allows you to SEE the information quickly.
  • You don't need the proverbial info bars at the top and bottom of the slide (I will go into this in successive posts - just trust me for now).
  • You don't need a legend — legends force you to search for the information and turn it into a 'treasure hunt'.
  • The data labels and percentages are placed right onto the pie chart — no searching.
  • Why use colors? You don't really need them. Yes, they look nice - but they muddle the message.
  • 3D? This isn't Star Wars — the more simple the image, the easier it is to absorb the information.
  • The best part? This slide can easily be printed — and the viewer can also take notes on it.

Now you might say "I like the colorful slide". And that's fine. But here's a little test I want you to take:

Look at both slides and see how hard it is to compare the total percentages between North America and the lowest five areas on the pie chart. You'll find yourself easily adding up the red numbers on my slide AND visually aggregating the slices. On the blue slide you'll be zipping back and forth between the legend and the image to make your calculations.

Just imagine what your audience is thinking. Are they bedazzled by the colors or absorbing your information?

Next up . . . Bar Charts!

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Best Companies: John Neeman Tools.

In 2013, I will be highlighting many old and new companies who embrace 21st century progress and run their businesses differently from the old guard who are quickly dying off. My first is John Neeman Tools. They are a small crew of craftsmen from Latvia who use their heritage of craftsmanship handed down through many generations to design and create woodworking tools. Their process, their method and mission, keeps these traditions and crafts alive and well. In this high-tech age, their traditional craftsmanship is flourishing.

John Neeman Tools is founded by Jacob - a carpenter with love for traditional woodworking and his friend – a village bladesmith. This bond has created a premier company.

They use their hands to produce tools that will live on, to tell their story in the hands of the craftsmen after us. Each tool they make is born with energy and personality – a love and care that will be felt daily by each craftsman, a resonance from the heart of the tool.

Towering factories and belching chimneys are not their game. All of their tools are made in our small traditional workshops using equally traditional methods and techniques. Their focus is on uniqueness and quality, not quantity. They want to help people to remember how to use their hands, to relate their own human energy to their tools – to achieve the true joy of creating something from humble beginnings.

You can learn more about John Neeman Tools and their products here.

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Is Your Career Dying?

Let's talk about the slow drip-drip-drip as you watch your career die.Guess what? If you don't take action now, there's nothing you can really do about it.

Not in the Hollywood sense of dying, where Bruce Willis finally kills you in a fiery crash or fall from the top of a skyscraper. I'm talking about the slow drip-drip-drip death as you watch your career eke away and there's nothing you can really do about it.

I run into this all the time. I have clients who own their own businesses and suddenly realize for the past 4-5 years their revenue and profits have been going down-down-down.

Or the executive who lives in a corporate hole their in working for an asshole, in a department of do-nothings, for a company who hates their employees (and loves the almighty dollar — but it doesn't go to the employees).

Sound familiar? 

People's careers are dying all around us. It's due to a number of factors:

1. GLOBAL - The world is changing faster & faster. Institutions we thought were going to last forever are either no longer there or are on their way to disappearing. Publishing, media, technology, transportation, education, advertising, manufacturing, and medical just to name a few.

2. COMPANY - Focus on short-term profits vs. producing quality products. Top management has one focus — how to please Wall Street. They gear ALL of their decisions on hitting their targets and they quickly forget the product, the customer, and their employees in the process.

3. PERSONAL - People have lost their enthusiasm, drive and energy for what they are doing. They've been doing it so long it becomes a chore or they realize they have changed and are interested in more important things.

How do I diagnose and treat this situation? I ask a simple, three-part question — Do you want to:

  1. Stay and do nothing? (not a good idea)
  2. Stay and change the dynamic to make it better?
  3. Leave and/or do something else?

When your decision point drops down to this simple diagnosis — it instantly clarifies your situation and it sometimes scares people.

Most clients instantly recognize they've been doing #1 for many years. They've been sticking their heads in the sand and hiding in their cubicles waiting for something to change. Some knight in shining armor to whisk them off and save them. But it never does.

The truth is: YOU are the only one who can help YOU. You are in charge of your career and you need to stop waiting for things to happen to you and start directing your life (and explore your limits).

Step One: Get off your ass and stop living in #1. Start doing SOMETHING.

Step Two: Change the dynamic where you are. Start meeting new people, understand where the hot areas of where you work really are, and move towards that light.

Step Three: Get out and start meeting new people outside of your sphere. Open yourself up to new ideas and new ways of doing things. Start pushing yourself way out of your comfort zone.

By the way, I cover all of this in my award-winning workshop, "Bulletproof Your Career". Early next year, I will also be launching my personalized coaching program specifically geared towards bulletproofing your career. Stay tuned!

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Are You Good Enough For Shark Tank?

How the TV show "Shark Tank" teaches you how to act and perform when under pressure.

Ever watch the Shark Tank? It's a reality-based TV show which features a panel of entrepreneurs and business executives called "Sharks" who consider offers from other entrepreneurs seeking investments for their business or product. Sometimes it's great, sometimes it's hokey, but in the end. 7 million viewers don't realize major business learnings are occurring right in front of them.

The premise is simple — the entrepreneur has approximately 3-5 minutes to present their business opportunity/invention and the 'investors' then have the opportunity to bid on it (and hopefully make it a raging success!).

Let's look at what you should be taking away from each episode:

Be Prepared

You can immediately tell who has their pitch down and who doesn't. Who are the fakers and who are the 'real' businesspeople.

It's amazing how many people I meet who don't have their act together when it comes to their business or career. It seems like they are drifting through life, allowing the river to pull them along — no paddling, no rudder — and they might be heading for the rocks . . . or the waterfall.

Talk On Your Feet

In Shark Tank, you only have 3-5 minutes to present your product. You have to give the best and most critical information quickly and in a way where your audience immediately understands what you do and what the opportunity is. Many presenters don't have solid pitches and the ability to answer easy follow-up questions.

Handle Obstacles With Aplomb

It's funny when you see the presenter finish their pitch and are aghast when the investors ask penetrating and direct questions. Many presenters stumble, some are defensive, and only a few have the gravitas to handle the pressure and perform.

Face it — you will hit obstacles EVERY DAY of your life and it's how you deal with those obstacles which define each of us for greatness. That's why they call it 'work'. If you are giving a status update to your board or pitching your services to a new prospect — make the assumption that they will ask hard questions. If they do, it means they are really interested!

Be Able To Sell Yourself Anytime

It's so funny when I bump into someone or I meet them at a networking event and they are definitely not prepared to speak with me about what they do. They obfuscate, they skitter, or they quickly skip over their most important deliverable. Guess what? I've lost interest.

How about saying something like — "When people are stuck, I get them moving forward - fast." or "It's hard to fully trust someone today - they all have agendas - I'm the one executives call who they can trust." (this is what I say)

Know Your Financials

This is my main pet peeve — entrepreneurs go on the show with some outrageous dollar amount in mind and no way to back it up. The minute the sharks begin to ask questions, the entrepreneurs stumble and pause. Not good.

If you are pitching a client, know EXACTLY what is behind your number and what it is composed of — so if they ask, you have an answer. Also, be prepared for a counter-offer and the full ability to explain your deliverables.

Know When To Close

I've seen too many people not know when to close — they fumble along and wait for their client to 'make their move'. You see it constantly on Shark Tank — they do their presentation and then the sharks either bow out or make an offer.

When you hear the 'buy' signal — go in for the 'kill' and close. Ask for their business, negotiate the offer up or down, and shake their hand!

Smile & Walk Away

There are many Shark Tank contestants who are rebuffed by the entire team of sharks. It's usually because they have a bad business idea or they didn't present or negotiate well with the sharks.

IMPORTANT: Even though you have a stellar idea, you can kill it with a bad presentation or negotiation style.

If things don't go well during a pitch or job interview — close, smile, and walk away. Don't let it get to you — it was never going to happen. The more upbeat you are, the more the client will think that they just let the biggest fish of their career, get away.

P.S. As you can probably tell, I love the Shark Tank and hope everyone who reads my blog runs off to watch it!

 

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600 Articles . . . How Am I Doing?

Just hit 600 posts on my blog. I NEVER thought I would be here - when I first re-launched my site back in 2009, I decided to include a blog to let viewers, prospects, and clients know what's inside of Rich Gee's crazy mind.

Just hit 600 posts on my blog. Hooray. I NEVER thought I would be here - when I first re-launched my site back in 2009, I decided to include a blog to let viewers, prospects, and clients know what's inside of Rich Gee's crazy mind.

Four years later, I have 600 small peeks into the wacky world of Rich Gee. If you subtract weekends, you get approximately 261 working days each year (this doesn't include holidays or my 4-6 weeks vacation time). So if you take 600 and apply it over almost four years — I've been posting over 75% of the time.

WOW. I hope you've liked the ride. I sure have. I think it's time to find out if I've been hitting the mark. How am I doing?

I WOULD LOVE YOUR FEEDBACK. Please let me know below this post.

Tell me if you like the direction my blog is going — if you like the topics, or if I hit the mark (or I don't). I want constructive criticism — please tell me what I can do to make this even BETTER. Oh . . . also tell me your favorite posts — I will write more.

I'm just catching my breath and beginning to start another marathon. Anyone have any water?

Thank you! Rich 

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Our Competitive Spirit.

The other day, I was listening to a podcast and heard the progress and a phenomenal amount of inventions which emerged from the space race to the moon in the 1960's. It was amazing how many advances in aeronautics, science, technology and even velcro — came out of our billion-dollar endeavor.

The other day, I was listened to a podcast and heard the incredible progress (and inventions) which emerged from the space race to the moon in the 1960's. It was amazing how many advances in aeronautics, science, technology and even velcro — came out of our billion-dollar endeavor. It got me thinking. It seems significant jumps in progress happen when intense competition is involved. Let me break it down:

MILITARY Competition - When two (or more) countries are ferociously attacking one another, their entire reason for living is to outdo the enemy. They will do whatever it takes, open up the financial coffers, and apply as many people to develop new ways to kill the opposition. A good example is the Manhattan Project, where the U.S. spent billions ($2 billion or $25.8 billion in 2012 dollars) to develop a weapon which ended WWII.

GLOBAL Competition - It's an us vs. them scenario - where global standing, influence and stature is involved. The Space Race is a powerful example of what two countries can and will do to come out on top. In 1961, the Russians shot a man into space . . . eight years later, we had a man on the moon.

BUSINESS Competition - Although not as cut-throat as Military or Global competition, Business competition can still decimate industries and quickly put the competition out of business. In 2004, Apple gathered a team of 1000 employees who ultimately developed and released the iPhone in 2007. At the same time, throughout 2005-6, Google was in the process of procuring companies and resources to also do the same thing. Some people still say that Eric Schmidt, CEO of Google, learned of Apple's intentions while still on the board of Apple. He then directed Google to mimic many of the deliverables of the iPhone in the follow-up Google handset.

PERSONAL Competition - Where's your competitive spirit? What drives you? Are you willing to go the distance to produce real change in you department, division, company or industry? What can you do right now to start the process? Who are the drivers, the leaders, the shake-up-the industry personalities? Why don't you know them?

Stay tuned shortly for a follow-up post on what Apple does to motivate their new hires!

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