Teamwork and Success Lessons from Jordan

Dec 22, 2024

Lecture Notes: Lessons from Michael Jordan and "Who Not How"

Introduction

  • Michael Jordan, renowned as the greatest basketball player of all time
    • Selected third overall by the Chicago Bulls
    • Chicago Bulls had a poor record of 27-55 before Jordan
    • Made playoffs every season despite initial losing records
  • Success attributed not just to individual talent but to teamwork:
    • Key figures: Scottie Pippen and Coach Phil Jackson

Importance of Teamwork

  • Teamwork leads to success in personal and professional life
  • Inspired by the book "Who Not How" by Dan Sullivan and Dr. Ben Hardy
  • Focus on four main lessons from the book to achieve goals more efficiently

Lesson 1: Freedom of Time

  • Traditional approach: "How can I achieve this goal?"
  • Suggested approach: "Who can help me achieve this?"
  • Example: Richie, a teenager, makes money selling watermelons instead of working a summer job
    • Emphasizes asking for help and utilizing others to save time

Lesson 2: Freedom of Money

  • Time is valuable; money avoids people who don’t value their time
  • Investing in "who" can replace costly "how" in terms of time
  • Opportunity cost of doing everything yourself
    • Importance of investing in people to focus on higher impact activities

Lesson 3: Freedom of Relationship

  • Quality of relationships impacts success
  • Build relationships by providing value first
    • Avoid relationships based solely on "what's in it for me"
  • Example: Providing value before asking for favors

Lesson 4: Freedom of Purpose

  • Bigger sense of purpose enhances meaning in life
  • Collaboration with "who" expands vision
  • Example: NASA janitor’s perspective of contributing to moon landing
    • Understanding the larger purpose of one's role

Practical Application

  • Make 90-day lists of tasks you dislike or are not good at
  • Find "who" to take over these tasks to focus on strengths

Conclusion

  • To build wealth and achieve success, focus on the "who" behind your goals
  • Watch next video for top wealth-building lessons