Dan Pena

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QLA Newsletter 76 -Have You Done Enough?

God Laughs

Dear QLA Devotee and Visionary:
 

Yes, man does plan and the Big Man does laugh! But man still needs to plan and have and execute goals and plans.

Man doesn't plan to fail. Man fails to plan.

A lot has happened in the last few months in the world.

Sadly Haiti and Chile earthquakes have killed many. Banks are makings tons again, yet are not lending as they should be! The health care agenda in the U.S.A. has slowed down and may be stopped. But through these tough times people are still succeeding against the odds. Of course not all these successes are using QLA, but I can assure you they are following some form of QLA system. All success that is not luck of the spin, or turning a card has the same elements: absolute laser beam focus, unquestioned perseverance, risk taking, discipline, tons of hard work, pushing their comfort zone to new limits, paying the price to action – meaning there is a price for every action in life, and implementation and execution that is beyond the common consensus.

Whether you call it QLA or whatever, this is what it takes to succeed against the overwhelming odds in this economic environment. It happens and you can do it – if you want it bad enough. The plain truth is MOST PEOPLE DO NOT WANT IT BAD ENOUGH! They talk about it, read about it; take some easy actions about it even attending expensive seminars, then stop when it gets tough. Or stop when they start listening to the people around them saying why are you doing this or that, etc? I have written countless times – we all know how to lose weight. We all know how to get physically fit. It takes hard work and discipline! Yet people make it sound like a mystery! When we know it is not! It's like a new year's resolution – you know what I mean. By now most New Year's goals have gone by the way side. Why?

In this regard I have had time to reflect on my many mentees and QLA in recent weeks.

I buried my Father a few weeks ago and thought of a lot of things including a number of my mentees, protégés, business partners and friends. My Dad was 91 and had a full life. He died peacefully in his sleep.

I thought of the good I have done and where I have not done such a good job, or where I could have done a better job. It makes you think about one's life and what you could've done that you didn't; the people you influenced and the ones you could have influenced more. And those that still have more runway in their lives – the ones who have run out of runway and their lives are nearing their end. What we can still do? Of course as for me that is why I am going to China. In fact I arrived here with my youngest son in the last few days. He has moved here armed with his recently obtained MBA. He is immersed in a total business Chinese program at the Shanghai University. There is no English whatsoever! It is sink or swim! Live or die! No escape! No back up plans! No plan-B! Sound familiar?

At my Dad's memorial there were many men/women that approached me to say how much he changed their lives dating back 70 years. In his field he was an icon – a man of stern steel. A MANS MAN! Many told me they felt ashamed they hadn't done more when compared to my Dad's accomplishments, considering he started as a shoe shine boy at age 7 helping to support his family. To say it was an extremely reflective event for me would be an understatement of biblical proportion!

From my Dad's eulogy I gave:

A final story I often relate about my Dad, which illustrated who he was and how he lived his life was how he met me when I landed in Leharve France in mid 1951. I ran up to hug him and came away from him with blood on my little arms and hands. What I didn't know was he had just had surgery to remove a tumor from his back, early that morning. Yes he had undergone surgery, yet he was there to meet me at the boat as it docked hundreds of miles away on the west coast of France that evening.  The story doesn't stop there. What I found out later was he would not allow the surgeons to put him under with a general anesthetic. He only allowed the surgeons to use a local, because he refused to be unconscious for fear of someone extracting top secret info while he was under (my Dad was head of criminal investigation division (CID) during the cold war in Europe.) He underwent the entire surgery with mirrors watching the cutting, etc, by the surgeons – with a loaded 45 automatic in his hand.

YAH MY DAD WAS TOUGH! He was super hero tough. No props, extras or stunt men.

As I reflect about the memorial service, I think about what I often say: if people were writing your obituary now – what would they say? Could you have done more with your life? Could you have helped more people than you did? Did you take advantage of ALL your own resources? There is always time to make things better. This is one reason I continue to coach.

I saw grown men 40, 50, 60, and 70 shed tears trying to put in words what my Dad had meant to them, their families and lives. It was something I will never forget, if I live to be 100. One of the finest things that happened to me, in a long time, was when my 91 and 93 yr old aunts said, "You're like your Father".

The eulogy was tough but I got thru it – after all, I am my Dad's son. But putting his ashes in the crypt was surreal. The finality was overwhelming. I put him in next to his favorite sister with a folded American flag the honor guard gave the family. He had an honor guard for his distinguished service in two wars and a lifetime in public service in law enforcement and education.

Unfortunately, I am asked to often to give eulogies because I do it very well. In recent years I have had too much practice.

I say all this because I have been privileged to have a great impact on countless numbers including a global 25 CEO and all size CO's and too many entrepreneurs to count. I have been blessed. Many of my mentees and students have had great runs and some have failed, almost always falling forward in their quest for success to fulfill their dreams. Can you say the same? Have you given yourself an opportunity to achieve your dreams and goals? Have you done all you can to put your loved ones where they should be? It's not too late! It's never too late! It's only too late if you stop trying! And always remember "old age regret" is an awful thing to experience!

As a mentor I have said – you only have one time to make a first impression and time is the only thing we can't replace – so use it well! What does that mean? Take risks. For at the end of the day men/women are known for the risks they took – not the ones that passed them by. Be all you can be – not a mere fraction of what you can be.

It still amazes me for all the missed hits I have had in business, I am known for the success I have participated in my nearly 40 years in the trenches. Not the pop flies, strike outs, and fumbles I have made. What most people (you) worry about – when it comes to your obituary no one cares. Yet you dwell your entire lives over what people might think or God forbid say about you. I can assure you when they bury you – they only say nice things about you!

I read emails weekly from people struggling in life. I get emails from people who are using my methodologies successfully. I have had the same struggles and successes. I still struggle even today, but the quantum is different. I have been doing this for a very long time now – and some things don't change – only the players change. Economies go up. Economies go down. There is never a perfect time to make hard and difficult decisions, yet I continue to see people ponder on the correct timing, etc.

I still talk and have business dealings with people that attended my first QLA Seminar way back in May 1993. I have had close relationships with many that have enriched my life beyond the imagination. I have assisted countless individuals attain their dreams that they aspired to, but thought beyond their reach. Ask yourself, when you attend a service as I did,"what could I have done to better enhance the people around me"?

Most of you have an idea you keep to yourself; you continue to noodle it; you get excited; you tell someone; you then get nervous because the feedback and , or initial results weren't what you wanted; you then try for more feedback; you then get scared; you then drag your feet; and ultimately it dies a very quiet death. Sound familiar? Why?

So I thought, "Dan – in all  your infinite experience and wisdom how can you short cut the success process for your  upcoming castle seminar attendees when they leave Guthrie Castle the 24th of April?" I had already made it possible to attend the castle experience paying for the investment in yourself by payments. I have never accepted payments before, though I had made a few exceptions over the years for students, groups and a French Foreign Legionnaire! Then a few weeks ago, 1 of my most successful mentees (a 5 time castle attendee) suggested vis-à-vis the current dismal economic environment I accept payments so I did! But I have always surmised in the past, once the attendee has the information verbally from me and the CD's, etc, it is up to them. I now think differently based on information from some of my successful mentees, who believe more interface with me would of impacted them greatly! And I thought me yelling at the attendees at the castle would be enough for them for a life time! LOL!

Hence, I have changed the upcoming QLA Seminar not just making the economic information current, in 2 very different ways: 1) I added more role playing and 1 on 1 with me; and 2) I added, for the first time, follow up on my part.

This is a letter I sent out to the upcoming seminar attendees:

First, let me congratulate you on the best decision of your life.

Your decision to attend the Castle Seminar at my personal estate in April demonstrates that personal growth is a high priority for you, and it's a quantum step in the right direction.

There has never been a better time to take advantage of my 30+ years of business experience.

I will be showing you firsthand what the Pros are doing, and more importantly not doing, to survive and prosper in the current economic climate.

I wanted to take a moment now and share with you something you are not aware of.

Because you have a made a commitment to change your life, I want to see you thru to that end.  So in addition to the close personal attention you will be receiving from me in April, I wanted to tell you what else you will be receiving from, which was not advertised.

For one full year following the Castle Seminar, you will have direct access to me by email. That means you can email me anytime with your questions or problems – and I will give you a candid and transparent answer.  You will get my personal email address and have direct access to me. If you need to talk personally, I will take your call, but you need to schedule a time with my assistant, as I'm usually travelling or in meetings. 

You may be surprised to know that I still communicate with attendees who came to my 1st seminar in 1993.

As if that wasn't enough, you will also receive the following:

  1. You will be able to put deals in front of me for my opinion.
  2. You will have access to the monthly update conference calls.
  3. You will also be able to submit short weekly reports for me to monitor your progress and give you direct feedback.
  4. You will be able to ask me to be involved in your deal. I only pick a few deals each year, but you always can ask!
  5. You will have access to other QLA devotees in your area for as long as you wish.
  6. And finally, if I'm in your neighborhood, we can meet up for a drink. Even though I'm now based in Asia, I travel the world and I'm in the UK and USA each quarter.

As you may already know, I charge $3000/hour for my time, and CEO's pay this without batting an eye!

See you in April!

As good as the seminar has been I am making changes to make the attendee results even better! Don't get me wrong – I can't make people succeed! But I can underscore and assist the attendees that they stay the course when it gets tough. And believe me it will get tough! It always gets tough and measures your resolve, myself included. Life always tests you. It's like raising kids. You have to put your head down and just keep pushing – no matter what! I am absolutely positive that is what my Dad and Mom did when I was growing up. To say I was a challenge to raise would be one of the greatest understatements of the 20th century. As my Dad often said, "We have no goals for Danny other than to keep him ALIVE till he reaches the age of reason". They were not sure if that would be 20 or 30. Remember – I was expelled from grade school 3 times before I was 10 years old and arrested 5 times for various mischievous deeds, the last being at age 31. Yah I was a challenge growing up!

Well, I am here and some would say I haven't yet reached the age of reason. And if the age of reason means you believe common consensus is correct or that going against the grain isn't what a man/woman should do to achieve their dreams – then I might not ever reach the age of reason. After all, I still have dreams. I still have stuff I want to complete before I go. I am still involved in the lives of many working their plans to achieve their dreams and goals and more importantly, I am still loving it!

I look forward to an Awesome 2010!
 
 
 

To Your Quantum Leap,

Dan
 

P.S. If you could start over again how far would you go back, 25, 35 50? Well you don't have to go back in time like the movie. All you have to do is "suck up you panty hose" and just do it! I have had mentees spring back at age 70!  How old are you? Wouldn't you love to come back like the phoenix rising from the ashes? Would you be truly grateful for having another chance? Wouldn't it be wonderful to have, yet one more shot to fulfill your dreams? Just do it!

P.P.S. When was the last time you told your parents, kids, and other loved ones – I LOVE YOU? I did tell my Dad and I tell my kids whenever I talk to them, or email them. I didn't tell my Mother before she passed. As I have written and said before – I didn't think my Mom was really ill and it will live with me forever. SORRY MOM!

 
Links:
QLA Castle seminar 2010 – www.danpena.com/seminar
QLA Seminar Installment payment – www.qlaseminar.com/order

Dan Pena Articles, Newsletter

Trip Schedule

February 25th, 2010

2009 2010 trip scheduleShanghai, China Feb 25 – March 8

SF Bay Area March 26-29

Los Angeles March 30 – April  3

London April 4 – 13

Contact my assistant for meetings thelmag@guthriecastle.com

 

 

Dan Pena blog

26 Rules of Business Litigation

QLA Castle SeminarFrom Bill Gates at the end of the last century to John D. Rockefeller at the end of the previous century; from Rick Scott, founder of Columbia Health Care, to AT&T: from Richard Branson and British Airlines to Dan Peña and The Financial Times; from government, banking, insurance and every other facet of world commerce – to grow geometrically and stay around, litigation must be (prudently) used and mastered.

I will, as briefly as I can, memorialize the salient points of using litigation as a business tool. Now before I start, I want it on the record, some 50% of my 30-year track record of litigation has had nothing to do with winning money, i.e., many lawsuits have been over principle, some were to right a heinous wrong such as slanderous remarks made about me; and some were because an entity just needed a good comeuppance and nobody else would carry the flag into battle. I, like Don Quixote, have fought many a windmill.

Our judicial system works, but we grow up being afraid of it. It's way out of our comfort zone so we preclude ourselves from benefitting from it. Normally the cost associated with it keeps us from using it. In fact, I'm currently embroiled in litigation where the ancillary players to the litigation have rights which are being severely violated. A large group of people could bring great pressure to bear, but they're afraid because of previous bad experiences. They could get what they deserve but aren't pursuing their best interests.

26 Rules of Business Litigation:

  1. Choose your Battles
  2. Choose the Venue
  3. Be the Plaintiff
  4. Have the Best Representation
  5. Listen to Your heart
  6. Don't listen to your sick stomach when you're out of your comfort zone.
  7. Don't listen to friends, relatives, et al
  8. Listen to experienced litigants – like me!
  9. Generally speaking, don't worry about the cost (THIS IS VERY HARD!)
  10. Big lawsuits are better than small ones
  11. Elect jury trials, as opposed to a judge only
  12. Preparation(yours) is e – KNOW THE FACTS
  13. Practice depositions and trials
  14. If you are thinking of a better strategy, get a new lawyer (not true in my case)
  15. NEVER GIVE UP
  16. Don't be intimidated by the process
  17. Use mock trials (pretend trials you do in front of a hired jury)
  18. Dress simple and conservatively in court – no jewelry except a wedding band, white shirt, plain tie and dark suit for men and the equivalent for women; short groomed hair for men.
  19. Don't lose your temper in court – it's okay to cry if it's for real.
  20. Have your spouse in the front row every. Children also if possible. Other family members in second row is okay.
  21. No quotes to the press other than "We believe in our case and that is why we went to court". Your words can easily be turned around.
  22. When you break for lunch or recess, remember never talk in public about the case – you never know who might overhear.
  23. When you find a legal team that wins, STAY WITH THEM
  24. ALWAYS TELL THE TRUTH, No matter what. The truth will set you free!
  25. During videotaped depositions and in court, Look at the camera and the jury. Make eye contact.
  26. When testifying in a  deposition/trial, if you don't know the answer, say you don't know the answer.

Like any other project management, litigation must be managed. Unfortunately, like speech-giving, you become a great litigant by going through a learning curve. I don't mean you have to get involved in losing efforts (like making bad speeches so after some time you make good speeches) to get in a position to win in court. Large law firms will allow you to get ahead of the learning curve. The Quantum Leap methodology talks ad nauseam about following your dreams. Life without dreams is like a bird with a broken wing – it can't fly. I wrote this newsletter because sometimes you'll need litigation to follow your dream. Go out and kick some butt, and don't let conventional wisdom keep you from achieving your dream. Conventional wisdom says Don't Litigate. All high-performance people and the great organizations of the last one hundred years did and do litigate as I write this letter.

Don't litigate frivolously – but don't be afraid to either.

Learn more about Dan Pena’s Quantum Leap methodology through his QLA products and his bestselling book, “Your First 100 million”.

Dan Pena Articles

Dan Pena’s Castle Seminar 2010 moved to April 18-24

February 16th, 2010

QLA Castle SeminarDan Pena’s QLA Seminar, previously scheduled for April 11-17, 2010 has been moved to April 18-24 2010. The change allows others a better opportunity to attend and experience the castle extravaganza. The event will take place at his estate in Guthrie Castle, Scotland.

The Quantum Leap Advantage seminars are known to deliver hard-hitting, no-nonsense seminars, packed with the brutal truth about making big money and specific entrepreneurial topics. In his 7 day information packed seminar, Pena will be sharing the “Eleven Steps to Success” anyone can follow to become super-rich; how to change the way we think about business and make the kind of money others envy; and many more powerful secrets, strategies, tools and tactics required to make a lot of money in any business now and not later.

Pena has also announced that for the very first time, payments through installments will be allowed due to the tough economic condition. For more information visit www.danpena.com. For booking reservations you may contact thelmag@guthriecastle.com or call +44 1241 828691 (UK).

Dan Pena Press Articles ,

28 Tips that make Great Companies and CEO’s

January 15th, 2010

Here's a list of 28 Tips that make Great CEO's and Companies. These are some of the things I've learned after meeting many successful executives. They all have major characteristics which are  common. This is the same with strong businesses. No matter what industry, all super successful companies are highly adaptable, focused and passionate about their vision.

  1. The Hedgehog Vs Fox…the fox is smart & cunning but gets caught up in lots of details, becoming misdirected and chasing his own tail…hedgehogs do only 1 thing and do it well and nothing else…eat. THE BEST CEO’S OF ALL TIME ARE HEDGEHOGS!!
    hedgehog

    Example: Jimmy Carter was smart, wordly, tackled many issues…and got lost in detail. Ronald Reagan had only 1 thing on his mind for 8 years… Russia… remove the "evil empire", remove the "evil empire" and remove the "evil empire"! Reagan was a hedgehog…

    All great Hedgehogs have 3 common traits:

    1. Passionate about what they believe in..
    2. Recognise that they are genetically encoded for their chosen field of endeavour… they really LOVE what they do!
    3. and somebody WILL pay them for what they love to do!
       
  2. Teams with the clearest sense of vision & impact WIN!
  3. Talent base – people…are the most important assets of new economy companies.
  4. Best question to ask a CEO…why would great people want to be part of your company?
  5. Customers will constantly raise "the bar of expectation" for companies.
  6. The internet is a giant "lab experiment" for corporate America and those companies that recognise this and play well within the rules of ambiguity & fluidity will survive and win. NOTHING IS CAST IN CONCRETE.
  7. The best form of customer service is SELF service. Constantly empower customers to get their own answers themselves…this is a huge differentiator
  8. "CLOCK SPEED" OF BUSINESS IS CONSTANTLY ACCELERATING…TIME REALLY MATTERS MORE THAN MONEY (MONEY YOU CAN SOMETIMES GET BACK, TIME YOU CAN’T) MOST EVEN BRIGHT UNDERESTIMATE THE VALUE OF TIME…THINK MORE IN TERMS OF "RETURN ON MINUTES"(ROM) THAN "RETURN ON INVESTMENT" (ROI).
  9. Get in the digital game fast, no matter how small…"launch, listen, learn, then re-launch!
  10. SIZE IS THE ENEMY OF SPEED! SPEED TO REACT MATTERS MORE THAN SIZE OF COMPANY…
  11. Good leaders make sense of change in the world…then imparts that insight to the team.
  12. SHIFTING THINGS (CHANGE) WHEN LIFE IS GOOD IS TOUGHER THAN WHEN THINGS ARE BAD, BUT YOU SHOULD CONSTANTLY BE SHIFTING…MORPHING.
  13. People WANT to be led by strong leaders and good leaders are constant students.
  14. THE JOB OF CEO’S IS NOT TO BE THE SMARTEST GUY IN THE ROOM, BUT TO ATTRACT OTHER SMART GUYS TO WORK FOR HIM. THE "GROUP BRAIN" IS FAR MORE POWERFUL THAN INDIVIDUAL BRAINPOWER.
  15. Current accounting and measurement systems and metrics are outdated for new economy companies.
  16. Human capital is the new currency of the digital economy.
  17. Technical change is a sub-set of greater change – cultural change.
  18. GOOD IS THE ENEMY OF GREAT!! When we get good, we usually quit.
  19. GREAT DNA ENCODING OF PEOPLE AND VALUES (NOT IDEAS) IN YOUNG COMPANIES EARLY ON WILL CREATE THE TRULY GREAT AND LASTING COMPANIES LATER.
  20. IT IS NOT IMPORTANT WHAT WE DO, BUT WHOM WE DO IT WITH…GREAT COMPANIES DIDN’T START WITH WHAT THEY PLANNED ON DOING, BUT THEY STARTED OUT GREAT BY WHO THEY PICKED TO DO IT WITH! People should get on your "bus" not for where you are going but BECAUSE THEY LIKE WHO IS RIDING ON THE BUS WITH THEM. The "bus" will also change directions, but the bonds of good people won’t.
  21. ALWAYS PUT YOUR BEST PEOPLE ON THE BEST OPPORTUNITIES, not biggest problems.
  22. "STOCKDALE PARADOX"… Admiral Stockdale survived 7 years of torture in Vietnam not by being overly "optimistic" of being rescued within weeks, but by being realistic of knowing it could be years. The other "optimistic" American POW’s around him died from broken expectations and hearts…of hoping to be rescued within weeks. REALISTS ARE BRUTALLY HONEST WITH THEMSELVES…YET THEY STILL HAVE AN UNWAVERING BELIEF THAT THEY WILL PREVAIL…"FAILURE IS NOT AN OPTION, EVEN IN THE FACE OF GREAT ADVERSITY…JUST KNOW WHAT YOUR ADVERSITY REALLY IS"!
  23. CEO’S MOST IMPORTANT TASK…NEVER STOP BECOMING QUALIFIED FOR THE JOB.
  24. FLYWHEEL EFFECT…when you start pushing a 10 ton metal flywheel, it takes lots of effort to make a single revolution, but less for the next 3…momentum will start to carry the wheel forward itself…same is true in business. It’s tough and slow to build momentum and inertia, but before long, it starts spinning under it’s own force. After a while, MULTIPLE REVOLUTIONS WILL CREATE EVOLUTION!
  25. Use technology only after you have momentum, not to create it. Technology is simply an accelerator of momentum, not a creator of it
  26. Building a great company means your building something WORTHY of lasting…QUESTION: HOW DO YOU KNOW IF YOUR COMPANY IS WORTHY OF LASTING??? ANSWER: DOES IT STAND FOR SOMETHING GREAT TO SOMEONE?
  27. Dream now and then, they will come true!
  28. GREAT COMPANIES DO 2 things well:
  1. Preserves: core values and purpose.
  2. Changes: operating practices, technologies and culture as needed.

Summary:

  • Human talent is the currency of the new economy.
  • Good is the ENEMY of great!
  • Time is more important than money ("ROM")
  • Be a hedgehog!!! Unwavering single mindedness…
  • Know WHO you want on your "bus" in work & life…
  • Build something that is WORTHY and STANDS for something to someone…
  • Take time to dream…

Dan Pena Articles

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