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Issue #6
Networking superpowers and the Eisenhower Principle
This week's AI prompt: social network, globe, connected nodes, techie, illustration
Hereâs your Issue #6! Spooky season is just around the corner đ which means itâs the best time of the year for those of us who like a little scare (Jay). As for Zi...
Thanks to Fauzal Rizki for inspiring Issue #5âs Cynefin Framework overview and how to tackle âunknown unknownsâ. If you have a topic that youâd like us to cover in our newsletter, reply to this email! Weâd love to hear your feedback.
If you like our content, please share this with your friends / team! đ¤
And Happy Diwali to our friends who celebrate! đŞ
WHAT'S INSIDE
đ Build a strong, meaningful network both within your organization, and externally
đ Use the Eisenhower Principle, or the Importance-Urgency Matrix, to make sure you give your mind to the things that matter â and not to the busy work
đ Lead investments for the worldâs largest crypto exchange, drive enablement solutions for a leading HR startup, and other great opportunities in the Jobs section
đĽ Which site started as a joke over 20 years ago and ended up giving rise to Web 2.0 and tech giants like Facebook and Youtube? The answer might surprise you!
A DEEPER DIVE: THE ART OF BUILDING CONNECTIONS
So, weâre not sure when it happened but networking has earned a bad rap. The word itself conjures up images of awkward forced small talk over crappy wine with a bunch of people wearing âHello Iâm xâ name tags, disinterestedly exchanging business cards while they scan the room for the next person to talk to. And then, months later, out-of-the-blue you get that classic âIâd like to pick your brainâ email đ¤Śđ˝ââď¸
BUT - if done right, cultivating a good network has many many benefits. Weâve found a couple of articles with great tips on how to build long lasting connections, and how to add mutual value. Remember: give more than you take. And nurture it before you need it.
What it's about: Chris Fralic is a Board Partner at First Round Capital, a guest lecturer at several top business schools, and was part of the team that helped start TEDTalks. Fralic shares how to be a genuine and highly-connective networker, how to propel your career forward with each interaction (while doing the same for others), doâs and donâts for engaging influencers in your industry, and moving forward from that first touch point into a connection that has mutual purpose and positive impact.
TLDR / Key Takeaways
Make memorable connections: People can tell when youâre disinterested. Convey genuine appreciation, listen with intent, and end every meeting or conversation with the feeling and optimism youâd like to have at the start of your next conversation with the person
Mini dossiers: If youâre headed into a meeting or event, and want to make a good impression on certain people, do a bit of research around them. But remember - fine line between being informed vs. creepy. Donât reference an Instagram photo from 5 years ago đ
Create a dream contact list: Fralic recommends founders include a slide in their board decks that show the five most likely acquirers of their business, and what theyâve done to further those relationships since the last board meeting. And itâs not just for founders - when he was in the computer reselling business, he had a dream list of people at the top of his industry that he wanted to learn from, and actively set out to connect with them.
Craft low-lift requests: When youâre asking for an introduction, send a forwardable email to make life easier for the person youâre requesting the intro from. And when youâre the one introâing others, always, always do a double opt-in.
Follow up and follow through: This will go a long way to cementing your reputation as a reliable person
Create a system for keeping in touch: Organize your contact list with updated information, and set a reminder for every 3,6, and 12 months to reach out to them
If youâd like to go deeper, check out this article by Mike Steib, the former CEO of XO Group (The Knot, The Bump) on how to build a meaningful network. He categorizes networks into four concentric circles: Unfamiliar, Familiar, Intimate, and Meaningful, and shares how to navigate each one.
What it's about: Karen Wickre joined a startup called Google in 2002 at the age of 51 (there you go people who are ageist about startups), and then went on to become the editorial director at Twitter. When it comes to networking, most people think externally. This article delves into how execs can build better networks internally, and expand their influence within an organization.
TLDR / Key Takeaways
Become a convener: Inviting people to something is a great way to connect with them. Start a cross-team happy hour, or host sessions where you bring in outside guests for a lunch-and-learn. One of the things we loved doing when we lived in Singapore was hosting dinners or weekend wine and cheese sessions with startup people. Even as digital nomads (currently in Mexico City), we find opportunities to pull together like-minded people for food, drinks, or excursions.
Spread knowledge: When you attend workshops or conferences, take some notes and share that with your organisation. If you donât already have an internal wiki, consider setting up one!
Skip level meetings: As an exec, youâre probably interacting with your direct reports and your bosses. Start having âskip-levelâ meetings with more junior team members and connect with people across teams. It doesnât have to be formal - a 30 minute coffee meeting will do.
MENTAL MODEL OF THE WEEK: IMPORTANCE-URGENCY MATRIX
Donât you hate when a whole week goes by and you feel like you have nothing to show for it? Whether itâs because you were stuck in meetings that led to nowhere, or you had to scramble when an unexpected âfire drillâ put you on your back foot, itâs always tough to know if youâre prioritizing the right things. Letâs talk about the Importance-Urgency Matrix, and how you can use it focus on the most impactful tasks at hand.
In a 1954 speech, former U.S. President Dwight D. Eisenhower said: "I have two kinds of problems: the urgent and the important. The urgent are not important, and the important are never urgent." While there are in fact some things that are both urgent and important, the general sentiment still holds. This "Eisenhower Principle" is said to be how the former president organized his workload and priorities, and has served as an example for business professionals ever since.
For: Prioritization
What is it: A system of decision making to manage ourselves against our own priorities and expectations
When itâs used: Work and team tasks, individual / personal tasks
When itâs NOT used: When thereâs room for misalignment in the definition of âimportantâ or âurgentâ (which might occasionally be the case with your romantic partner⌠đ) tread carefully đ
First, letâs start with some definitions:
Important activities are proactive and drive outcomes that lead to us achieving our goals. When youâre thinking about whatâs important, consider Jeff Bezosâs âRegret Minimization Frameworkâ to see how important that activity really is. If you not doing that activity or task wonât lead to any major feelings of regret later, it might not be that important.
Urgent activities are reactive and demand immediate attention. These are often associated with achieving someone else's goals. Urgent activities have near-term deadlines because the consequences of not dealing with them are immediate. If youâre not sure if something is truly urgent, consider the repercussions of delaying it - if thereâs no major consequence, perhaps itâs not urgent.
Now letâs break down the quadrants:
Quadrant 1 (Q1) - Important and Urgent. These are things that must be done, and must be done in a hurry, so prioritize them. Often these take the form of crises, such as finishing a client project, handling conflict between team members, or rectifying a partnership deal gone bad. Caution: too much stuff in this quadrant is a recipe for burnout! Take a look at whatâs in this quadrant for you and how it ended up there in the first place. Over time, try to reduce the number of items that surface in Q1 by properly addressing them in Q2 before they become urgent.
Quadrant 2 (Q2) - Important and Not Urgent. Because thereâs no time risk for Q2 activities, they are easy to procrastinate on. Q2 activities might be upkeep activities such as those that pertain to your physical or mental health, daily planning, or networking (see how we stayed on-theme? đ). Be sure to schedule these into your days and weeks so you donât let them slip and transform into Q1 monsters đ§ââď¸ (yep, we also threw in a Halloween reference for good measure).
Quadrant 3 (Q3) - Not Important and Urgent. Q3 tasks tend to be draining or time consuming, largely because youâre not the best person for the job. If there is urgent work to be done that doesnât require your specific skills, empower your team to assist with them or look for ways to automate these tasks away. Even if it seems like these are tasks you could do, take a hard look at them and see if they really are things you should do. Trust your team, trust your tech, save your sanity.
Quadrant 4 (Q4) - Not Important and Not Urgent. Q4 makes me think of the âSquirrelâ scene from the movie âUpâ - pure distraction. Just like that dog, we often confuse activities in Q4 as belonging in one of the other quadrants (i.e. we classify them as important and/or urgent when theyâre really neither). If you have activities that are not important for your goals and arenât urgently solving a problem, they are definitely in the clutter quadrant. Now, there is still room for some not important and not urgent activities: maybe you arenât interested in a certain movie but you still go see it with friends anyway, or you decide to indulge in some junk food knowing that itâll make tomorrowâs gym sesh a little tougher. Youâve gotta live a little. Just be sure not to take on things in your work or personal life that leave you feeling remorseful, or give you the illusion of keeping busy. Declutter Q4 and keep it Marie Kondo clean - if itâs not important, not urgent, and not bringing you joy, scrap it đ!
Additional resource: Marie Kondo's methods at work
YOUR NEXT STRIDE
Weâve streamlined the Jobs section to make it more scannable. Here are our 5 top jobs of the week!
Vice President, Investment, Binance Labs Binance. Binance Labs is the VC and Accelerator arm of Binance, the world's largest crypto exchange by volume. Role will be responsible for identifying new investment opportunities in the blockchain and cryptocurrency ecosystem đGlobal, Remote
Vice President, Global Customer Operations Eventbrite. Global self-service ticketing and experience technology platform. Role will manage all of the operations functions across Eventbrite. Listed NYSE:EB đUS, Remote
Director, Omnichannel Customer Experience Glossier. Digital-first beauty company. Series E. Total Funding: $266M. Investors include Lone Pine Capital, Index Ventures, and Thrive Capital. đNew York
Director, Enablement Rippling. Employee management platform that manages payroll, benefits, HR, and IT. Role will own vision and strategy for enablement across product lines. Series D. Total Funding: $697M. Backed by investors like Kleiner Perkins, Sequoia Capital, and Bedrock.đSan Francisco
Head of Professional Services Searchlight. Predictive talent platform that helps companies hire better. Series A. Total Funding: $19.5M. Backed by Accel, Shasta, Kapoor Capital, and Operator Collective. đSan Francisco
OFF HOURS
Wellness đ
Jay starts each day by adding a functional mushroom supplement in his coffee for general health & wellness. This Beginners Guide to Mushrooms helps explain what compounds like âbeta glucansâ, âtriterpenesâ, and âsterolsâ are and what they do for your body and mind. Some types of mushrooms can even help your dog! đś
Watch
Our Great National Parks Move over Attenborough. Narrated by Barack Obama, this series offers stunning visuals (much like BBCâs Planet Earth), and reminds us just how beautiful our world is đ
Read đ
The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel. With markets the way they are đŠ, this is a pretty good read right now.
Listen đ§
Need to work? Time to chill? LoFi Girl on Youtube or Spotify has the perfect compilation of music to help you find your zen state. The channelâs nearly 12 million subscribers agree!
RANDOM BUT INTERESTING
This section is going to feature one material a week that we found interesting - but couldnât really fit it in anywhere else. You can think of it as coming down the rabbit hole of curiosity with us just because â or fodder / anecdotes for your next speech đ¤ˇđ˝ââď¸
If you remember the early days of the internet, you probably also remember Hot or Not. The site was founded 22 years ago (3 years before Myspace), and some believe it to be the precursor to Web 2.0.
The premise was simple: users uploaded a photo of themselves, and other people from all across the web would submit a 1-10 score on their physical attractiveness. Now, one can certainly debate the merits - or ethics - of crowdsourcing anonymous ratings of peopleâs physical features (and, to the foundersâ credit, they did intentionally exclude conventions like comment sections and forums to prevent cyberbullying), but looking back at it now, Hot or Not was a fascinating window into very early user generated content and social interaction online. Several multi-billion dollar tech businesses including Facebook, Twitter, Youtube, and Tinder all took a ton of inspiration from Hot or Not đ¤Ż.
SHARE THE LOVE
Thatâs all for this week. Have a âď¸âď¸âď¸âď¸âď¸ week ahead!
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