- G'day, it's Pete Moriarty here,
I've got a bit of a special video for you today,
I'm sharing three of my favorite business books
and the lessons that I have learned from those.
It was filmed in the studio, and I've put together
a compilation of three of my favorites.
Really keen to hear what you think of them,
drop a comment down below,
and I'll be replying in the comments to you.
Enjoy.
This book has been responsible
for millions and millions of dollars of revenue
for me and my team.
This is actually a rewrite, it's called Scaling Up,
but was originally called Mastering the Rockefeller Habits,
it's by a guy named Verne Harnish,
who started Entrepreneur's Organization, or EO.
The foundational principle of this book
is it's an operating system for running your business,
aligning your team on your vision, and your mission,
and your goals, and your culture,
and where you wanna take the strategy of the business,
and then giving you a blueprint as an execution plan
to how to actually make that happen.
And what I really love about this is,
for someone like myself,
who never went to university, I don't have an MBA,
this is the blueprint for how to run a business day-to-day
to get absolutely tremendous results.
It lets you know how to do your planning,
how to run your quarterly,
and your monthly, and your weekly meetings,
and actually get all of your team on board.
Now, the results of actually implementing this system
and putting this together,
and what I love about this book
is each chapter just has Cliff Notes in it,
so if you're super busy right now,
if you're running a growing business
and you want it to be more successful,
this book makes it really easy to implement the system
without having to go through
all however many hundred pages it has.
What I love about this is it makes it
super simple and easy to implement,
and all you have to do is follow the instructions.
Now, with any business,
you need to have some system for running the business,
and there are many different ways of doing that,
whether you've got an MBA from Harvard,
or whether you're just making it up as you go along.
But the most important principle
is that you pick a way, the way,
of running your business, and you stick to it.
You make sure it's consistent,
you make sure all of your team know how it works,
most importantly you make sure that you enforce it
and make sure the team are all on board.
So I thoroughly recommend this book
if you're looking to get more results from your team
and you're looking to get everybody aligned
and get tremendous growth and momentum
in your business success.
Check it out if you haven't already,
and we'll see you in the next one.
This is the only book you'll ever need
on managing team, managing employees,
managing staff, or really anyone,
you could even use it for managing your family.
Now, this is a foundational level
of leadership and management,
and there's a couple of really great tips in this book,
but I wanna cover just one of them,
and that is that usually,
if we're in a position of leading
and taking care of other people in an organization,
we have to, let's say, correct course.
We've gotta make sure that people,
in a way, stay in their lane,
and we gotta help them fix the problems as well.
Now, what we usually tend to do as leaders or as managers
is identify the problems and share those problems.
However, if we're always catching people doing things wrong,
that's actually a demotivator
for the people that rely on us to lead them.
And so one of the most important tips in this book
is to catch people doing things right,
rewarding the behavior that you want to continue,
rather than spending your energy
chastising the things that are going wrong.
Now, that can be really challenging
if you're in a leadership position and,
especially if you're a business owner,
your job is to basically look for things
that are going wrong and fix them,
and sometimes you can feel like
that can consume your whole day.
But if you put yourself in the shoes of the team members
that you're leading and supporting and managing,
then they're effectively
only having interactions with you that are negative.
And we wanna completely switch that around.
So my rule is, I try and catch people doing things right
three times for everything I catch that's wrong.
And that's really challenging, right?
Because I spend most of my time
looking for things that aren't working well
or fixing problems.
But if you can try and catch someone
doing three things right
before you catch them doing one thing wrong,
then it's really gonna help
your leadership, your team morale,
and you're gonna get much better results
from everyone who works with you.
Now, if you're interested in more basic, fundamental,
foundational leadership and management techniques,
this is a great book, and a good one
to actually share with everyone in your team as well,
not just senior leaders.
Hope you enjoy it.
This book is out of print, you can't get it anymore.
But this has been one of the most foundational books
in my journey as an entrepreneur.
And what I love about it is it really helps
business owners, executives, entrepreneurs,
anyone who's interested in getting
more performance for themselves,
really accelerate the way that you work
so that you can show up better when you need to work.
Now, the author is actually a customer of mine,
his name is Andrew May,
you can look him up online if you like,
and the basic, foundational principle of the book
is that high-performance, high-performing sports teams,
military personnel, high-flying executives
who need to be switched on at the right time,
only are able to switch on and work at their absolute peak
when they recover well when they're switched off.
So they have their switch on time,
but they also have really great switch off time.
And that switch off time may be time away from technology,
time using your senses to recover properly,
like sleep and sound and light and colors,
and making sure that your home environment
is an environment conducive
to you getting really, super duper recovery time.
Of course, Andrew brings in things
like nutrition, and exercise, and other areas of life
to make sure that your body is really healthy
so you are able to rest well, so that you can perform well.
So, if you're looking to increase your performance
and flip the switch for yourself,
it's really all about how you recover.
More productivity and better performance
is not about trying to fit more into the day,
or trying to cram more meetings
into an already busy calendar,
or having another shot of coffee
to perk yourself up just that little bit more.
It's actually about the wind-down,
about the recovery, and about the downtime,
so you can be switched on when you need to be switched on.
So, I hope you enjoyed my top three business books.
We've actually got more of these coming.
If you'd like to have more of these,
then drop a comment down below
and let me know if you'd like to see more.
Or, if you've got a particular book
that you'd like me to cover,
if you've got a favorite business book
and you're interested in my opinion on it
or some of the concepts in it,
then I'd really love to know that as well.
Until next time, see you later.
(whooshing, upbeat music)