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How To Get Team Members On The Same Page: 5 Tactics To Follow

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(Editor’s Note: The following article is a guest post by superstar entrepreneur and tech investor Jonathan Schultz.)

No matter how advanced artificial intelligence gets, we will always need humans to bring their organization’s vision to life. But, how do we bring people on board that can really, truly live and breathe that same vision? What is the secret sauce to getting team members on board without having to twist their arm? Let’s find out.

The biggest thing to take into consideration is that different people are influenced by different things. There is not a one-size-fits-all method that will get everyone on board with new ideas and plans. Here are a few ways to get your team members on board:

1. LISTEN TO THEM & LEARN FROM THEM

You need to understand where the biggest issues and concerns within your company lie. You have to create opportunities for people to engage directly. To feel empowered. To move in the direction that allows them the ability to make decisions. You will never win over any team members by making hasty assumptions, so get down to the facts and ask the hard questions, listen to the answers and learn from the feedback you are getting. You can’t do every job at your company —so stop trying to!

2. BE RELATABLE

Don’t just tell people what you want to do and what you plan to do, give specific reasons for each. There’s a reason why MLK and Gandhi were able to get crowds everywhere they went. Remember — people aren’t following you for who you are, they’re following you for what you believe. Talk about what motivates you, your experiences, who you really are and what you believe in.

You need to show your team a vulnerable and human side so they can relate to you —and then relate to themselves. If your team can understand where you are coming from, they will follow you to the depths of … wherever you go. Be a leader!

3. TAP INTO EMOTIONS

Emotions certainly have a place in business – a very important place, honestly. It’s where most important decisions manifest from. As much as we think we’re thinking from our heads —the reasons why intuition and “that’s a gut feeling” exist is because it’s coming from an emotional place. If you are genuinely passionate about your team and your business and you are invested in your ideas, your team will feel that, and so will your customers. Do not hold back.

4. ALWAYS BE CONSISTENT

Your message should never alter. Maybe you pivot, but you need to say what you mean and mean what you say. While your tone may change and your approach may change, your central message should always be consistent. The idea is not to just spout off what you think the audience wants to hear, but to tell them what they need to hear in an honest and professional way. And, allow feedback to come back in the same manner. This is not personal —this is progress. Leaders will win over their them by being transparent and saying things in a way that people can hear.

5. MAKE AN IMPACT THAT MATTERS

What you say and do should be aligned with your company’s purpose and goals. You need to make it very clear to your team members how they play into the bigger picture. Remember, without them, there is no picture. When you narrow your focus on purpose, you establish common ground that many people can get behind and support.

These five tips will help you get your full team on board with your vision. Stay honest, be true to your values and make sure your team knows that they are vital and the reason for the company achieving its goals. As we say, there’s no “I” in “team”.

Jonathan Schultz is an entrepreneur, real estate tech investor and influencer. He’s the co-founder of Onyx Equities, a leading private equity real estate firm, and has been voted one of the most powerful people in real estate. Follow Jon’s blog here

Business

(WTF?!) This iPhone Upgrade Could Be Worth $100B Next Year

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OK, so we love iPhones. Sure we do. After all, Apple, this year, became the first trillion-dollar company.

But $100B?! Gosh DAMN! 

So what’s the deal?

So, according to JP Morgan, Apple’s planning on bringing four new iPhone models to market in 2020 with 5G. 

Other manufacturers—Samsung, LG, Motorola et. al.—already put out high-end versions of their flagship devices with 5G capabilities

Meanwhile Apple has waited. Until now. Apparently.

Got it. So when’s this going down?

The new iPhones are expected to hit in the second half of 2020, come in a number of sizes, including one measuring 5.4 inches, another at 6.7 inches and two at 6.1 inches. 

The report also says the largest iPhone will likely have sensor shift technology (whatever that means), allowing for better quality videos and photos when capturing motion.

…OK, so about the $100B?

Yeah, it’s coming. Be patient. So according to tech pub DigiTimes, Apple’s told suppliers it expects to sell 100M iPhones next year.

100M iPhones. 

Just for context, if the average price is a cool $1K, that rough math comes out to $100B of revenue for Apple next year. 

$1000 for an iPhone?

Yes, right now, Apple sells several models at lower price points. 

That said, the competition has been charging a premium for 5G devices. So expecting something likely from Apple isn’t too far of a fetch. #BusinessNotCharity

Selling that many devices would be a 25% increase over the expectation Apple will sell 80M iPhone 11s. 

What’s up with 5G? Do people care?

Well, it would appear that way. 

Right now, “only” 15M 5G devices have been sold to date. But those numbers can be misleading. 5G is just now becoming available in many parts of the US.

By the time Apple’s expected to go to market, demand will likely be huge. 

What say you, #WealthGANG?! You coppin’ the next 5G iPhone?

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Business

5 Steps To Create A Freedom-Based Team That Love What They Do

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(Editor’s Note: The following article is a guest post by superstar entrepreneur and tech investor Jonathan Schultz.)

Your team should love coming to work every day and they should love what they are doing. The worst thing a leader can do for their team is to restrict the ways in which they work and not allow them to do the work they think matters most. Here are five strategies for creating a freedom-based team that loves what they do.

According to a 2017 Gallup Employee Engagement Survey, 33% of U.S. professionals are engaged, 51% are disengaged and 16% are actively engaged. Freedom-based companies, by contrast, can typically boast that more than 70 percent of their professionals are “engaged.” These numbers bring into question how many of your team members are actually engaged in the work they are doing and how can you help boost this number?

FIRST STEP: LEAVE YOUR EGO AT THE DOOR

Your team members will never believe that you trust their insight or intelligence if you are always the person who has the best solution. You need to allow your team to shine with the freedom to succeed or fail on their own. Your team is a reflection of your leadership. Remember, there is not only one style of leadership that works.

SECOND STEP: SHARE THE COMPANY’S VISION

A shared vision is fundamental when it comes to creating a freedom-based team. This will provide a common goal and establish a criterion for teams to make educated decisions. Qualified team members do not need to be told how to do their jobs. When you set them free to explore their talents and call the shots, they will have the potential to perform even better.

THIRD STEP: CREATE CLARITY AND ACCOUNTABILITY

There’s nothing more effective than being clear on what we’re all trying to accomplish while being accountable for the short-term success of each and every project. Like stated above, the combination of this with vision unlocks tremendous progress.

FOURTH STEP: DISCUSS ROADBLOCKS WITH YOUR TEAM

It’s very important to create time during the week to do 10-15 minute huddle sessions, whether through online collaboration tools if you’re not in the same location —or even better, in person. So everyone FEELS the progress together. You feed off the energy of the whole —and I feel like that’s missing a lot of times. Everyone is trying to shine themselves, but when you feed off the energy of the WHOLE, it’s more powerful.

FIFTH STEP: TAKE ON THE ROLE OF GUARDIAN OF YOUR FREE TEAM

When your team takes on more responsibility and make more decisions on their own, there will be less for you to handle, which means you can abstain from using your formal authority and serve as a guardian instead. Your new role will be the tie that keeps everything strewn together and keeps the company operating successfully and efficiently.

Your team will love coming to work if they feel they are valued, trusted and have the freedom to work in the way they do best. These five steps will help you accomplish establishing a freedom-based team.

Jonathan Schultz is an entrepreneur, real estate tech investor and influencer. He’s the co-founder of Onyx Equities, a leading private equity real estate firm, and has been voted one of the most powerful people in real estate. Follow Jon’s blog here

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Mark Cuban Invested $640k In This Company That Started As A Prank

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In what turned out to be a ruse, a startup disguised their business as a prank to raise over $640k from investor Mark Cuban on Shark Tank.

Minneapolis-based entrepreneurs, Ryan Walther and Arik Nordby, founded Prank-O, a business that was built around amusing their friends with bizarre and fake products.

In their pitch to the Sharks, they introduced a string of products in gift boxes — ranging from coffee-maker shower heads to snack hats — only to reveal later that the novel products were fake.

The duo looked to snag an investment of $640k for an 8% stake in the business, before revealing their declining sales — from $10M five years ago to an estimated $2.8M this year.

The dip in sales came after the team tried to branch into creating the prank products, stringing together debt worth nearly $1M.

Despite the numbers, Mark Cuban bit. “I’ll make you an offer, but you’re going to have to listen,” Cuban said.

“You’ve got a great product, you’ve got great comedy minds, but your track record speaks for itself, and I don’t mean that in any disrespect, but all entrepreneurs go through this,” he said, offering $640k for 25%, more than three times what the company initially pitched.

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