399: Josh Kaufman - How To Master The Art Of Business

Text LEARNERS to 44222 Full show notes at www.LearningLeader.com IG/Twitter: @RyanHawk12 Notes: Sustaining Excellence = Learn constantly Experiment constantly Obsessive about learning the details, not a cookie cutter approach Rapid Skill Acquisition: Must be specific Break it down: don't try to do it all at once Do research Practice Deconstruct the skill to its smallest parts Make a pre-commitment - "I'm going to practice this skill for 20 hours no matter what." Create fast feedback loops for yourself: Keep a daily log of what you do... Meetings, interactions, what was discussed, how you feel, etc. This helps reinforce the importance of paying attention to the small details of what you're trying to learn If something happens, you can review your notes later Josh has always had "a desire to understand the world around me" Teaching is one of the greatest tools in the world for learning "Management is the act of coordinating a group of people to achieve a goal. Management is not business. Management is not leadership. Management is a supporting function, not a decision making function." "Leadership = define the goal, account for change." "Good management = Recruiting - must get good people Communicating well between teams and decision making parts of the business Must create environment of psychological safety Create a productive working environment Planning - Estimating time lines and schedules Measurement Commander's Intent - "When you are a leader, decision making authority, the least effective thing is for you to make all the ground level decisions." Push decision making power to the people closest to the action. More quotes from Josh's work: "You can't make positive discoveries that make your life better if you never try anything new." "Every successful business (1) creates or provides something of value that (2) other people want or need (3) at a price they're willing to pay, in a way that (4) satisfies the purchaser's needs and expectations and (5) provides the business sufficient revenue to make it worthwhile for the owners to continue operation. "If you rely on finding time to do something, it will never be done. If you want to find time, you must make time." "The best thing that can happen to a human being is to find a problem, to fall in love with that problem, and to live trying to solve that problem, unless another problem even more lovable appears." "Every time your customers purchase from you, they're deciding that they value what you have to offer more than they value anything else their money could buy at that moment." "The trouble comes when we confuse learning with skill acquisition. If you want to acquire a new skill, you must practice it in context. Learning enhances practice, but it doesn't replace it. If performance matters, learning alone is never enough." "Be positive, force yourself to smile." "Improve by 1% a day, and in just 70 days, you're twice as good." "Ideas are cheap—what counts is the ability to translate an idea into reality, which is much more difficult than recognizing a good idea." "Fear of the unknown will always be with you, no matter what you do. That's comforting in a way: if there's nothing you can do to change it, there's no reason to let it stop you."