💡Curious Friday : Growth frameworks that made Mr.Beast a Millionaire, Leadership lessons from Simon Sinek, fighting Inflation and more.
Episode - 12
Today at a Glance :
Quote : Active Vs Passive want
Article : Leadership Lessons from Simon Sinek
Tweet : Rapid Growth Framework that works for Mr.Beast
Podcast : Uncle Sam gets creative on Inflation
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One Quote
“When you want something, all the universe conspires in helping you to achieve it.” — Paulo Coelho, The Alchemist
“Want” can be passive or active.
Passive “want” will rarely succeed.
Active “want”—hard work, accountability, resilience—will move the Earth.
One Article
4 Leadership lessons from Simen Sinek
Simon Sinek is perhaps regarded as the G.O.A.T. of leadership and as an author he emphasises on how leaders inspire everyone to take actions and how they build trust in their organizations or Company .
Sinek provides examples from the success of Apple Inc., the movement started by Dr. Martin Luther King Jr. as well as the Wright brothers being the first to achieve powered-man flight. In each situation, they seem to defy all the odds and prevail with their cause.
Sinek made a discovery in 2005 that profoundly changed his view on how he thought the world worked and the way in which he operated in it. This discovery was the uncovering of a pattern in which all the great leaders would think, act and communicate. It's the opposite of everyone else.
So without any further ado , let’s dive in to some of the biggest leadership lessons that we can all glean from Simon Sinek :
Start With WHY :
Simon Sinek points out that everyone in an organization knows "WHAT" it is that they do. Some know "HOW" they do it. But, very few know "WHY" they do what it is that they do. He points out that the reason can't be to make a profit. That's a result, and it will always be a result of providing something of value.
By "why" means: What's your purpose? What's your cause? What's your belief? Why does your organization exist? Why do you get out of the bed in the morning and why should anyone care?
He gives the concept of the golden circle , which starts with WHY and then to HOW and then moves to WHAT.
Have clarity , discipline and consistency :
Clarity of WHY - If you don't know WHY you do WHAT you do, how will anyone else? Having clarity is what enables great leaders to articulate "WHY" their organization. It exists beyond its products and services. First to their employees, and then to their customers. To lead requires those who willingly follow. It requires being a part of something bigger than oneself. To inspire others to follow, starts with having clarity of WHY.
"People don't buy "what" you do, they buy "why" you do it" - Simon Sinek
Sinek points out that it's not "integrity", it's "always do the right thing." It's not "innovation," it's "look at the problem from a different angle."
What do a leader need?
Leaders need the following :
Being a leader requires having people that choose to follow you. Trust must be established before anyone will make the decision to follow you. Trust doesn't emerge simply because a customer makes a decision to buy something. Trust is not a checklist. Fulfilling all your responsibilities does not create trust.
Trust is a feeling that begins to emerge when we have a sense that another person or organization is driven by things other than their own self-gain. You must earn trust by communicating and demostrating that you share the same values and beliefs.
Communication is not about speaking , but it’s about Listening to more:
Most companies are bad at communicating what they believe, their "WHY." Without clarity of "WHY," a logo is nothing more than just that. To say that a logo stands for quality, service, innovation and the like only reinforces its status as just a logo. These qualities are about the company and not the about the cause.
There are people who walk around with Harley-Davidson tattoos on their bodies -- and some of them don't even own the product! Why would a rational person tattoo a corporate logo on their bodies? Harley Davidson has been crystal clear about what they believe. After years of discipline about their "WHY" and being consistent in everything they say or do, their logo has become a symbol. It no longer identifies a company and it's products; it identifies a belief.
"It's not just WHAT or HOW you do things that matters; what matters more is that WHAT and HOW you do things is consistent with your WHY." - Simon Sinek
One Tweet
In the above Thread, Dickie bush provides the incredible frameworks that have made Mr.Beast who he is right now and have helped him to achieve millions. This has helped Mr.beast to gain 50,000,000 subscribers in 11 months.
You can also follow the same frameworks to increase your growth also. A must read thread.
One Podcast
Planet Money: Uncle Sam wants YOU to fight inflation
Fantastic quick (~20 minute) podcast episode on how the U.S. government sought to fight back inflation during WWII.
We should all strive to become students of the past. The smartest and most successful people I know share one trait in common—they’re all history buffs. History may not repeat itself, but humans definitely do.
Listen to it on Apple Podcasts or Spotify.
That’s it for today’s newsletter. I hope that you have learned something new and fascinating from this.
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Till then stay curious, my friends.