Today Ted speaks with Lew Jaffe of CEO Coaching International, a strategic coaching program designed specifically for business leaders and their teams. Since its founding, the company has coached over 875 CEOs and entrepreneurs in businesses of all sizes, helping generate over $34 billion in new annual revenue.
Lew himself has over three decades of experience as a CEO and Board Member. He is a Clinical Professor and an Entrepreneur-in-Residence at Loyola Marymount University in the Fred Kiesner Center for Entrepreneurship Management, where he teaches both undergraduates and MBA candidates. In 2016, he won “Professor of the Year”.
Lew is the creator of The ONE DAY MBA®, an online training program for entrepreneurs and intrapreneurs, as well as author of the 2018 Amazon bestseller, The One Day MBA.
Guided by the belief that “there are no coincidences—there are just seized and missed opportunities,” Lew explains how to put yourself in a position to be “lucky” by highlighting every opportunity that comes your way.
He also shares why a company that doesn’t focus on culture eventually loses. For Lew, a leader doesn’t have to think up 100% of the ideas. Rather, a leader of a winning company simply needs to single out the best ideas. How social media fuels tribalism and divisiveness.
Speaking on the future of work and the business world in general, Lew offers his thoughts on how entrepreneurs can stay on the cutting edge of their industry, and how established companies can stay relevant and current without sacrificing the fundamentals that brought them the success they enjoy today.
- [01:57] Putting yourself in a position to be lucky
- [08:19] The pitfalls of overthinking
- [14:30] How to be “importantly different”
- [18:38] Building your corporate culture
- [22:15] Learning from your failures
- [27:59] How to enact changes in your company when the time is ripe
- [33:28] Choosing which opportunities to pursue
- [36:47] Staying relevant and current as an established company
- [40:17] Whether social media is a positive or a negative change
- [45:05] Being in your genius
- [51:14] Why Apple has the best marketing team today
- [54:38] The future of work
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Key Quotes from Episode
- Luck trumps skill. That said, you have to put yourself in a position to be lucky. If you surround yourself with bad people, your luck is going to be bad. If you surround yourself with good people, your luck is going to be good.
- There are no coincidences—there are just seized and missed opportunities.
- How many times have we screwed up because we overthink something?
- Corporate culture is king.
- A leader’s superpower is communication.
- We rarely learn from our successes. Smart people learn from their failures.
- Anybody who doesn’t make mistakes doesn’t take risks.
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