Friday, August 6, 2010

Leadership Summit #6

Interviews with successful business people.
Blake Mycoskie (founder and chief shoe giver of TOMS shoes)


This company gives away one pair of shoes for each pair that is purchased.
So far he has sold over 600,000
He lives on a sailboat in LA.

When you are an employee for two years, the company pays for you to go on one of the giveaway trip.
Not every company can have a one to one correspondence, but you can incorporate giving into your culture.

All we have to do at TOMS is focus on giving...and then our customers will do the marketing for us.

Jack Welsh former ceo of General Electric

Insecure people hire dopes and they don't get any better.
The biggest dirty little secret in business is the lack of candor. -True in business, 100X as true in church.
They don’t want to listen to you preach at them.. they want to share in each other’s experiences

Top people
are filled with energy
they are likable
they celebrate when they see people grow.. (insecure people hide them and envy them)

Talking about the baton-pass
He started planning 8 years before he retired.. and he had 22 candidates.

20 70 10 (top 20, middle 70, bottom 10)
differentiation

some people spend too much time on the bottom ten..he says get rid of them

the bottom 10 has
low energy
not a team player
acidic (pain in the ass)
negative, disrupt, antagonize
the hallway whisperer is more dangerous than the loud disagreer

Do everything you can to stop the meeting after the meeting.
why don't you bring it up there
argument..who are you to tell me that I am in the bottom 10 (I don't know.. but I don't know a better way)
No winning teams ignore performance.
Non-profit should not mean non-performance.

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