Monday, October 24, 2011

Too legit to quit

An entrepreneur named Stanley Burrell announced  the launch of a new search engine at last week's Web 2.0 summit in San Francisco. Yawn...

Don't get too bored...

Burrell's stage name is MC Hammer. Yes, that MC Hammer. You remember him because he's too legit, too legit to quit. Hammer was one of the biggest rap stars of all time, selling more than 50 million records in his heyday. He is credited with being one of the innovators of pop-rap because his music appealed to fans of both in a unique way back in the late 1980s and early 1990s.

You also might remember him for his Hammer pants, Hammer time, and personal difficulties in the late 1990s.

He's come a long way since then.

When MC Hammer was in the midst of stardom and sang about being "too legit to quit," I thought he was focused on being "too legit." He admitted as much in interviews years after spending his $20 million fortune, losing his house, filing bankruptcy, and settling copyright infringement lawsuits. He has spoken in interviews on Oprah and VH1 and elsewhere about out-of-order priorities causing his downfall.

What stands out to me now is not the "too legit" part, it's the "to quit" part. It turns out the kid dancing to a boombox outside Oakland A's ballpark really was not going to quit.

Burrell has many business holdings including a record label, artist management company, MMA management company, horse racing stable, and clothing line (that does not sell Hammer pants, by the way). He also is an established internet mogul involved with several dance sites.

This guy came from living in a tiny house with eight siblings, dancing outside the A's stadium and made it to the height of super-stardom, then lost the superstar staus and financial security, then became a successful business mogul with diverse business interests. He's living life All In!

After all of the highs and lows, Stanley Burrell really is too legit to quit. I suspect his latest high-tech venture will be successful too. Or, at least if it's not, he will be just fine. MC Hammer: too legit to quit. Stanley Burrell: U can't touch this.

Question for Readers:
Who would have thought we could learn something from Hammer Time, but we can. Knock me over with a feather. My question for you: are you too legit to quit too?



Link to article on www.CNN.com

Thursday, October 13, 2011

Leadership lesson learned from silver dollars

My paternal grandparents lived in Connecticut, and we lived a thousand miles away in Missouri. We would get together in the summers on family vacations and when the Yankees came to KC to play the Royals.

The last silver dollar from my grandfather on my desk today
Every time I would see my grandfather, just a few times a year, he would put a silver dollar in the palm of my hand and give me a wink. He made me feel like the most special person in the world, and I saved many of those coins. The last one he gave me prior to his death stays on my desk as a reminder to emulate him and how he interacted with people.

For years, my grandfather walked every day at the local mall. He knew everyone there and loved seeing the same people every day. The evening of his wake in 1997, cars lined the streets and police directed traffic for the hundreds of people who wanted to pay their respects at the funeral home. People waited in a line that twisted around the room and out in to a lobby area. The line was full of neighbors, friends, and lifelong friends of his five sons. The line also was full of people wearing a variety of uniforms required of workers at the mall. So many people who knew my grandfather only from his walks at the mall made the time to come to his wake.

I was so enthralled with all of those people, I introduced myself to as many as I could so they could tell me their stories. Each told stories about how my grandfather would stop for a brief greeting or just wave if they were busy, but he acknowledged them every day. He made them feel special every day. And, it turns out, he gave them silver dollars.

My whole life, I thought I was the only recipient of the silver dollars. As a child, I learned he gave them to my brothers and cousins too, but I thought that was it. He made us feel so special when he gave us those coins.It turns out, he was doing the same all over town! He gave them to the workers at the mall, at restaurants he frequented, auto repair shops, gas stations--everywhere!

It surprised and thrilled me to learn about his friendships with so many people none of us knew and to learn that he made them feel special. I bet many of them have the last silver dollar he gave them in a special place and remember him fondly, just as I do.

So, what's the leadership lesson here?

There are many lessons to be learned from my grandfather, but the main reason I keep the final silver dollar handy is the reminder to pay attention to others. Whether you are the leader of a company, department, home, church committee, or neighborhood, you are a leader because others follow you. The more special you make them, the more loyalty they will have for you. And, small gestures like a wink, smile, daily greeting can be all you need. My grandfather could have handed out pennies and people would have loved him. The way he made people feel is why they waited in traffic and in line to honor him. It was not about the money. It was about how valuable he made people feel because he genuinely saw them as valuable.

As a leader, if you feel sorry for people who look up to you, they can tell.

For example, if you run a call center but feel sorry for the employees answering the phone, they can tell you do not value them or their positions. Perhaps you think a 45-year old woman working in a call center has not had much of a career and will never make more than $50,000, so you feel sorry for her. You don't have to say anything for your demeanor to reflect your feelings about her. What you're missing is that she is a service-minded person who is thrilled to get paid $35,000 to help people. You might feel sorry that recent college graduates can't find better jobs than the entry level ones available in the call center. But, they might be thrilled to have day jobs while they work on their music careers at night. Your attitude toward entry level jobs is reflected, even if it is not stated.

The lesson from my grandfather would be not to judge people for holding those jobs, but to genuinely care about them. They are no worse than you, just as someone who makes twice your salary is no better than you. Don't judge them either. Don't be too busy or pre-occupied to be kind. Just be happy to see people and treat them as such.

So, the leadership lesson is to treat people as if they matter because you really think they do. It might be the Golden Rule, but it's embedded in my head and heart by silver dollars.

What additional leadership lessons do you see in this story about my grandfather?

Friday, October 7, 2011

The growth plan better extend beyond financial finagling

If the primary way your company can be profitable is by moving its headquarters, you're in trouble. If production costs have increased and operating costs have followed, and the best idea your leaders have is to reduce rent, update your resume because your company won't be around long.

Of course, saving on office expenses is wise. It should just not be the primary way a company alters its Income Statement. If you're in the movie business, figure out a way to make money in the movie industry. If you run an engineering firm, figure out how to be profitable in the engineering industry. If you run a bakery, bake some revenue-generating treats. If you're in real estate, move to generate income. But, don't be in the real estate industry if you're not in the real estate industry. If you can't make a buck in the business you're in, it's time to evaluate the business you're in.

Do not expect your shareholders and stakeholders to fall for financial finagling, even if it works short-term. They recognize when a company is at the end of its rope holding on.  

Be creative, be the expert in your industry, be innovative. Come up with ideas that inspire people--employees, clients, shareholders--rather than ideas that reek of last-ditch desperation. You might be surprised by what inspired, All-In, people do when they are invited to do more than pack their desks into boxes.




Thursday, October 6, 2011

What I learned from Steve Jobs

The announcement of his death was less than 24 hours ago, and Apple haters are already bemoaning the recognition and praise being heaped on the man. They say he was not really a creative genius because he didn't invent anything. They say he just copied other people's ideas and made them better. They say their lives are just fine with Android instead of Apple products.

They stumble when asked to explain how design improvements are not inventions or how bringing products to the mass market is not creative. They don't have an answer when asked if they really think their Android products would be as useful today without Jobs over at Apple. Well, they have an answer but it is defensive and short-sighted.

While Jobs is being heralded as a creative genius today, I pondered the main thing I learned from his career--ups and downs. The main thing I takeaway is that being first to market is not always best. Being #2 is good. Jobs improved on what was available already. He didn't invent the mp3 player, he made it more useful to consumers. The same is true for computers and tablets.

In today's highly competitive marketplace, it is common to scrap an idea if someone beats you to it. Thinking like Jobs, however, one might decide to do it anyway, just do it better.  Don't fear being #2. Make #1 better and you just might overtake the position (a la Apple v. Sony in the portable music market). That's what I'm going to reflect on as an important takeaway from Steve Jobs.

Well, that and his whole thing about one's time being limited on this earth so have the courage to follow your heart and intuition. That's a good lesson too--one he began teaching in the 1980s.