Welcome to Success James Vardaman PhD The New York Times reports that the income disparity between superstar performers and average performers is at an all time high Average employees salaries have stayed flat while superstar performers have seen their salaries skyrocket ID: 416431
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Slide1
Committing yourself to excellence
Welcome to Success
James Vardaman, PhDSlide2
The New York Times reports that the income disparity between “superstar” performers and average performers is at an all time high.
Average employees salaries have stayed flat, while superstar performers have seen their salaries skyrocket.
Wage disparities have grownSlide3
Wage disparities have grown
Magic Johnson’s annual salary, 1985 (in 2011 dollars): $7 Million
Kobe Bryant’s annual salary, 2011: $30 MillionSlide4
Why are superstars earning such a higher proportion of total income than they have in the past?Slide5
Technology has made industry consolidation and broader marketing possible
1970Slide6
Technology has made industry consolidation and broader marketing possible
2011Slide7
One firm can market it’s products, services, etc. to a worldwide market
Fewer Vice-Presidents
Fewer HR professionals
Fewer Accountants
Fewer Sales Reps
MORE COMPETITION FOR YOU IN THE JOB MARKET!
You have to be more skilled than your parents to have the same success.
Why does this matter to you?Slide8
You don’t get a trophy for 9
th
place in the real worldSlide9
Become self-aware
How we commit ourselves to excellenceSlide10
Build your personal brand
How we commit ourselves to excellenceSlide11
Just documenting your fabulous life on
facebook
doesn’t build your brand…Slide12
What is your personal brand?Ask yourself some questions
What am I known for?
What do I WANT to be known for?
What do I want people to say about me?
What do they say now?
Facebook
is good for building your brand, howeverSlide13
Do your facebook
posts match the answers to questions 2 and 4?
Or do they look like this?
Facebook
and your brandSlide14
Or this?Slide15
Do you look, act, and dress the way that reflects your personal brand?
If the answer to this is no, your first step is to take action to correct these issues.
Once you’ve established your brand and attained congruence between your brand and your look, actions, and dress, the next step is to work on your skills.
The importance of building your brandSlide16
Developing your talent and engaging in hard work through deliberate practice will make you a high performerSlide17
What determines good performance?
Is it talent? (IQ, personality in intellectual jobs; speed, strength in athletics)
Is it hard work?
We all know washouts who are super smart or super gifted. We also know plenty of people who work really hard and are only mediocre. We also know lots of people who are smart and seem to work hard but still don’t get ahead.Slide18
Deliberate Practice
So if it’s not just talent, and it’s not just hard work, what is it?
The answer is hard work with
deliberate
practice.
Deliberate practice is hard work done to emphasize the specific skills necessary to succeed.
Deliberate practice requires coaching and mentoringSlide19
Hard Work
Performance w/ Deliberate
Practice
Without Deliberate
Practice
Performance
Repetition
Previously thought ‘Max Performance’Slide20
Deliberate Practice
This explains why certain schools or academies produce high performers in certain fields over and over again.
Juliard
School of Performing Arts
2
nd
City Comedy TroupePenn State “Linebacker U”
Why?
Because the key to deliberate practice is identifying the behaviors that are key, and are to be improved, as well as the techniques for improving them.
This is not an easy task. Those who’ve figured it out tend to produce excellent performers over and over again.
This is why coaches are valued.Slide21
Deliberate Practice
Does talent matter?
Of course, if an individual with more natural inclination engages in hard work and deliberate practice, they will succeed.
Is talent overrated?
Of course. Most people don’t engage in deliberate practice. Most people also don’t work hard. Even fewer both work hard AND engage in deliberate practice.Slide22
Tiger Woods
Is Tiger Woods the most talented person to ever play golf? Does he look like a great athlete?
http://abcnews.go.com/2020/video/tigerr-woods-teen-not-interested-girls-9887085
Tiger is 6’0” tall – only slightly above the national average for a U.S. man.
He clearly has a naturally slight build.Slide23
Tiger Woods
Childhood friends describe him as “gawky” and a “bit of klutz”.
So how did he become the best golfer ever?
His father was an excellent teacher who spent 25 years training recruits in the Army.
His father took up golf in adulthood and became obsessed with learning everything he could about the game.
His father began training him at 16 months old.Slide24
Tiger Woods
He practiced different aspects of the game religiously
The effect was cumulative
He engaged in deliberate practice!Slide25
Engage in introspection and figure out who and what you want to be.
Decide on a brand
Look, act, and dress in a way that is congruent with your brand.Engage in deliberate practice to develop your skills
Find a coach, a mentor, someone who knows what it takes to achieve excellence
LISTEN to them-you know a lot less than you think you do!
Action Steps