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