How Elite Executives Beat Burnout

Some studies have shown that 1 in every 3 working adults is suffering from varying degrees of burnout!

Burnout has been linked to coronary artery disease, hypertension, sleep disturbances, depression, anxiety, and increased drug and alcohol use. Besides the huge personal toll, this obviously flows over into productivity and work performance. This costs your business money! Estimates peg the cost of this lost productivity due to burnout in the $10’s of billions per year in North America alone!

According to psychologist Christina Maslach in her 2016 HBR article, burnout arises from:

Brain Maker

The Power of Gut Microbes to Heal and Protect Your Brain–for Life

This week’s book review is Brain Maker by Dr. David Perlmutter.

In Brain Maker, Dr. Perlmutter builds on the research and recommendations in his previous book, Grain Brain. Where Grain Brain was more focused on the results of a grain based diet, Brain Maker focuses on the effects of a poor digestive tract microbiome.

The microbiome is responsible for the digestion of the food that we eat and the ability to properly convert that food into usable nutrients that our bodies and brains need. There is a big emphasis on adjusting our diets away from carbohydrates and towards healthy fats. Fats have been demonized over the last 30 years but without proper scientific research. The research now clearly indicates that healthy fats should make up a large part of our diets.

What is Effective Business Leadership and Why is it Important?

Being an effective leader is critical in any leadership role. Being an effective business leader is foundational to the success of your business! Without effective leaders, your business will never reach its full potential!

I have seen all kinds of business leaders over the years; destructive, bad, subpar, average, good, excellent, nurturing, multiplying, etc.. In each case, the level of success of the business was directly reflected in the quality of the leader.

The destructive, bad, and subpar leaders have businesses that perform at these same levels and most eventually fail. Average leaders have average businesses while good, great, and excellent leaders create good, great, and excellent businesses! There may be cases where a business will perform above its level of leadership but this never lasts long. The level of business success always settles to the level of leadership effectiveness!

The 11 Commandments of Business Success

Reid Hoffman, the co-founder of LinkedIn, knows a thing or two about business success. LinkedIn was founded in 2002 and sold in 2016 for $26B USD. Not a bad rate of return for “only” 14 years of work!

Prior to LinkedIn, Hoffman was involved at Apple, started SocialNet.com, and was an integral part of Paypal’s success and its subsequent sale to Ebay. Hoffman knows business so when he shares some of his husiness secrets, we should all take notes!

Recently, he spoke about 11 components to his success on Timothy Ferriss’ podcast (episode 248). Although he calls them commandments of start up success, they apply equally well to any successful business. I have been able to apply each of these commandments in any business that I have been involved with. Doing these 11 things well will definitely accelerate your business!

I have listed each of the 11 commandments below along with my brief commentary on each point.

Reid Hoffman’s 11 Commandments of Start Up Success

The Entrepreneurs Guide to Business Law

This week’s book review is The Entrepreneurs Guide to Business Law by Constance E. Bagley and Craig E. Dauchy.

This is a reference book rather than a traditional business book. You don’t need to read this cover to cover rather, you only reference the section that applies to the business and legal need at hand. It is a great reference manual that every entrepreneur and business leader should have on their shelf. The guide covers topics from incorporation to building a contract and from intellectual property to IPOs.