Turn The Page, How to Read Like a Top LeaderI’m in the middle of reading “Turn the Page: How to Read Like a Top Leader” and have come to some realizations; one is that I’m certainly not reading enough, and for everything that I have read, I could have gotten more out of the books.

I’ve learned that reading is so important to our future, because when we read the right books, we are getting the life experiences of the author in the amount of time it takes to read a book. Success then becomes less trial and error, and more about leveraging the success of those who went through struggles before; about being mentored on what we should  and shouldn’t do.

You are where you are because of who you are; if you want to be somewhere else, you have to become someone else. This thought has come to me often throughout my leadership journey, as it has been said and taught in many different ways. I’ve learned that when we aren’t reading or listening to someone, we are talking to ourselves; this means we are talking to ourselves with the mind that got us to where we are. When we are reading, we are shutting ourselves up and listening to someone else with good information. This works for listening to great talks on CDs too, but I think reading takes it even a step further, and you get more out of what is written because you have time to think about what is written and reflect on it.

Read the rest of this entry »

inertiaWe have seen how the previous 4 laws of decline can bring an organization or a country down. The 5th and final law, of Orrin Woodward‘s Five Laws of Decline, plays a different role in my opinion. This law won’t bring about a decline, but it does keep the current decline from the previous laws in place, which includes the momentum of that decline. If only 10% of leaders are good leaders, as per Sturgeon’s Law, this law will make it difficult to make things better. If everyone has ways to get something for nothing as per Bastiat’s Law, this law makes it extremely difficult to stop the beneficiaries from getting their special deals. If people are being rewarded for doing things that wrong, as per Gresham’s Law, this law will make it very difficult to stop the behavior. And if you have a growing bureaucracy and getting fewer things done due to the law of Diminishing Returns, this law will stop you from reversing that trend, if not decreasing the returns at the same momentum.

The Law of Inertia

This law comes from Newton’s first law, which as Orrin Woodward explains in Resolved ‘Every body remains in a state of rest or uniform motion, unless it is acted upon by an external unbalanced force. In layman’s terms, an object at rest tends to stay at rest, and an object in motion tends to stay in motion unless acted upon by another force.’ Read the rest of this entry »

Last Saturday night I had blast with my friends by organizing a dream session. This is where a bunch of people get together and brainstorm and share what they want there future to look like. As I discuss on my top 100 goals and dreams page, this is super important if you want to achieve greatness. As many leaders have said, if you don’t set goals, you’ll hit them with amazing accuracy!

What was great about this group of friends is how on a Saturday night, when most people are out at bars, watching the hockey game, or some other activity that will give them pleasure for the moment, this group was working on their future and what will give them pleasure for a lifetime. This is one of those things that makes you stand out from the crowd and be above average.

It was actually even more fun than when I used to go to bars and watch hockey games. Don’t get me wrong, I still love my Bruins; but when they won the cup 2 years ago, even though it was fun being in Montreal as a Boston fan, it didn’t do anything for my future. It goes without saying that this future includes being able to go to every Stanley Cup final game, and Olympic Hockey medal round game.

What we did instead was plan our future. Most people spend more time planning their 2 week vacation than they do planning their life time. Read the rest of this entry »

Rascal Radio

This is an exciting moment! Until now, Life Leadership’s products have only been available in North America, but now we’ve gone global!

How would you like to get world class, life changing information, and not even have to worry about the shipping costs associated with its book and CD subscriptions? How would you like to listen to some great information either on your computer at home, or anywhere else from your smartphone? What if you could try it all for free?

For the first time in history, you now have access to a radio station for personal development! Read the rest of this entry »

VENEZUELA-ECONOMY

When regulated on the low side, price controls can be devastating; as seen with the lack of toilet paper in Venezuela.

A while back I read an article on Mishs Global Economic Analysis blog about France doing something pretty strange. They wanted to make books more expensive. They didn’t come out and word it that way of course; they said they were trying to protect their culture of reading.

I found this argument to be preposterous, yet at the same time I wasn’t surprised, knowing the type of information people have when it comes to this field. This is why it came as no shock to see a very similar situation here in Quebec, with the government wanting to make books more expensive. There are some benefits to certain individuals, but it’s important to consider the costs as well, and what it means to our freedoms and overall prosperity.

In France, it was about stopping online retailers like amazon from being allowed to offer free shipping in order to protect the local bookstores, while in Quebec it’s about not allowing stores to offer too big a discount on new books.

Its price controls. When price controls are in place, they are never good; whether it’s to make things cheaper for consumers or more expensive to serve suppliers. Read the rest of this entry »

Near the end of high school a friend of mine had a pool party. It was a nice sunny day and I was 16 or 17. It was a perfect recipe for disaster when you consider how little we know at that age. I had great marks in physics, but you wouldn’t think so after what you read next.

I was a kid who liked to have fun joking around, the kind who would hide in the bushes or behind walls and jump out to scare you (that part is still in me). On this occasion I saw balloons lying around that weren’t blown up yet, and had the brilliant idea of using them to make water balloons to throw at people.

This proved to not be so brilliant when they didn’t break; only after it hit the pavement beside the pool did it break, and only if it hit hard enough. This was also the first clue that made what I did really dumb. Read the rest of this entry »

law of diminishing returnsThe 5 laws of decline detailed by Orrin Woodward & Oliver DeMille continues with law #4. Previously we have seen how 90% of everything is crud, leaving a good possibility of bad people being in the wrong positions of leadership. We have also seen how people will always do the least amount of work possible for the most gains, including outright theft if there were no repercussions. The last law we looked at showed that if bad behaviors get rewarded, there will be more of it, and it will drive out the good.

The first 3 laws from ‘Resolved‘ and ‘LeaderShift‘ all tie together in how one law set in motion leads to another and makes it even worse. The 4th and 5th laws are a little bit different, but still connected in their own way

The Law of Diminishing Returns

I believe most of us know what this one represents, as it’s a basic law of economics and business taught to us in high school. For those of you who weren’t taught, or who may have forgotten, let’s review.

The principle is that when you add more of one good, or one action to a process, each addition unit being added produces less of an output than the previous unit did. As the return on each additional unit decreases, there will come a point where more units will not add any more output, and in fact will start reducing the total output. Read the rest of this entry »

argumentHas there ever been a time where you KNEW you were right about something, where you had all the facts on the subject but still couldn’t get someone else to agree with you?

Maybe you are trying to get someone to agree with you on economic principles, or to see the importance of understanding what is happening in regards to our freedom. Maybe you are trying to sell someone on the idea of improving their lives by learning to be better leaders. Maybe you’re just trying to get them to see the importance of eating healthy or exercising. Maybe you’re trying to get a job and need the interviewer to believe your worth hiring. If so, this article will resonate with you

You’re in Sales!

In case you weren’t aware, when you are trying to get someone to think a certain way, or to see the value of something that is not already apparent to them, you are ‘selling’ your view point to the other person; the question is, are they buying? Read the rest of this entry »

I had a chance to hear Claude Hamilton talk in Kitchener yesterday, and part of what he said was so profound that I have to share my interpretation of it. Understanding the concept I’m about to share can drastically change your life.

There are three time frames to consider: your past, the present, and your future.

The first thing to consider is where you are in life right now. How much money do you have, or how much debt are you in? How much of your time do you own, and how much is owned by others? To explain that last part, take my situation for example; I’ve sold 40 hours a week of my time to my employer (if you don’t count lunch breaks and travelling) for a certain amount of money – this means he owns that time and not me. How many friends do you have, and how good of a friend are they? How fit are you health-wise?

The answers  to those questions is simply the way things are right now in the present. You can’t change the present. Everyone is where they are in life because of what they did in the past. You can’t change anything in your past to make anything different today.

Since you are where you are because of past decisions, you need to start making decisions with a different level of thinking if you hope to change anything. If you are worse off today than you were in the past, then to not change your thinking means your life will actually get harder. Read the rest of this entry »

GreshamWe have been discussing the 5 laws of decline detailed by Orrin Woodward at the end of his book ‘Resolved‘, and in his and Oliver DeMille’s book ‘Leadershift‘.

In our look at Bastiat’s Law, we saw how people do the least amount of work possible to get what they want, which includes nothing and theft. Add to that Sturgeon’s Law, and we know at most 10% of the people in charge will stand up to that law and do what is right, even if the easier way is available.

That leaves at least 90% of politicians and leaders to fully embrace Bastiat’s Law.

It would not be surprising if you were convinced that the numbers are even worse than that. With the 3rd law of decline, I would be on youre side in that argument since it brings out the worst in a company; and in a country’s leaders as well. It is also always in action when you have Bastiat’s Law showing it’s teeth; in fact it feeds Bastiat’s Law, making Surgeon’s Law even a smaller percentage.

Gresham’s Law

Orrin Woodward takes his 3rd law of decline from Thomas Gresham‘s view on what happens to money. In the book ‘LeaderShift’, he describes it like this:

Thomas Gresham, an English financier, first elaborated Gresham’s Law as it pertains to money. He taught that when a government uses force to support one kind of currency over another, the bad money drives out the good.

But Gresham’s Law applies to more than just money. In short, when a bad behavior is rewarded, more of the bad behavior will be done, and that in turn will drive out the good behaviors.

In the leadership field, this is displayed when bad behavior is rewarded. For example, if someone can sit at their desk all day watching movies and get paid, this will cause others to choose this simpler method of making money (plunder).

Rewarding bad behaviors either converts others to plunder or drives them out of the company as they seek a firm that rewards people based upon productivity, not plunder.

Gresham’s Law: When bad behavior is rewarded, more of the bad behavior will be done, and in turn will drive out the good behavior. Read the rest of this entry »