Max Mednik
  • Home
  • About
  • Interests
    • Angel investing
    • Magic
    • Scuba Diving
  • Blog
  • Contact

Readings and musings

Staying Up-To-Date and the Art of Consistency

8/14/2010

2 Comments

 
Consistency

"We are what we repeatedly do. Excellence, then, is not an act, but a habit." --Aristotle
 
This is the last post in my "professionalism" series for now. I might come back to this topic in the future, but I wanted to conclude with a few techniques that are purely about your own preparation and diligence as a professional rather than about your interactions with others.

My other posts dealt mostly with the subject of respect in interpersonal professional communications. Being organized, responsible, and doing what you promised were all important elements of that.

But the core of being a successful professional lies in not only how you work with others but how you do the actual work itself. This involves constantly learning new things, remembering how to do your work correctly and in a timely manner, and presenting it in a way that is acceptable and understandable to your audience.

This sounds simple, but there are many pitfalls to doing this consistently. I'd like to point out three main categories of pitfalls or techniques that resonate strongly with me or that frustrate me a lot when I have to deal with them being done poorly by others.


Information should be Consistent, Correct, and Fresh

At AMA Capital, I had the opportunity to work with a lot of different brokerage firms and international trading companies. They would send me documentation of how their systems and APIs worked, and we would rely on that information to trade with them or engage in some sort of business deal.

We quickly learned that 9 times out 10, the information provided always had some (significant) flaw. I don't expect perfection out of other people or businesses, but I expect the only mistakes or omissions made to be insignificant ones. Instead, we would consistently find that information was copied and pasted incorrectly and without modification, major details were excluded, and certain clear parameters were defined completely wrong. And this happened across many different companies we worked with.

This obviously made us quite distrustful of what anyone told us and taught us to have the mentality that we always need to discover for ourselves how something works rather than relying on someone's word. On the one hand this may be a decent practice, but it's also pretty sad and inefficient.

The three major areas of mistakes that we kept seeing (and which I wish professionals would improve at) were the following:

  1. Consistency: Numbers from one page to the next (or spellings of names or descriptions or details) were different. This is particularly troublesome because we don't know which number is correct and we end up counting the entire document as pretty much useless. This might come about from modifying one section of the document without remember to modify another section. By being more thorough and careful in doing document updating and by having one list of parameters that everything else refers to, this type of inconsistency can be avoided.

  2. Correctness: This is obvious, but the information listed needs to be correct (accurate numbers, units, etc.). If something is an estimate or guideline, that should be differentiated from something more concrete.

  3. Freshness: Information should be kept up to date. People often skip the work of documenting technical or business changes because the documentation work is boring and time-consuming. This leads to documents being out of sync with reality and confusing the people who depend on that information. This applies to information online as well, such as features, specifications, blogs, etc. Keep your information fresh and up-to-date to show others that it can be relied upon.

Be an Expert and Amateur at the Same Time

The first part of this tip is obvious, but the second part may not be.

The first part says that you should aim to be an expert in your field. This means doing your work carefully and staying up-to-date on industry news, blogs, etc. For example, I read the Wall Street Journal on a daily basis, the Economist weekly, three different futures or currency magazines on a weekly basis, and follow about 20 blogs through Google Reader. Most of my reading is skimming, but I fully read articles that catch my attention or seem relevant to something I care about.

An important part of being an expert and being responsible with one's knowledge is knowing where that knowledge ends. When someone asks me for help with something I don't know, I volunteer to them that I don't know and explain whom we should talk to or how we can go about finding that information. This shows a level of humility to the other person (that I know where my knowledge stops) and makes them confident in the things that I tell them I do know about. This is much better than always giving your best guess and having people think that you know how to guess but can often be wrong.

The second part of this tip is cultivating the "beginner's mind." This is a term that Shunryo Suzuki-Roshi, a Zen master, wrote about. In essence, this means considering yourself an amateur at all times and willing to learn new information and change your preconceptions or world views. By being more open in this way, it will be easier to take in new ideas and ways of working, which will allow you to grow much more effectively throughout your life.


Language Matters

Finally, I will end this post with some thoughts on language, grammar, and why they matter.

I am always paying attention to the style of a message in addition to its content, and so does everyone else (even if not consciously). For me, noticing many spelling mistakes and grammatical errors makes me question how careful and educated the writer is. Even if I know they learned grammar in school and may even remember it, the fact that they can't take the time to proofread or consider which punctuation or spelling makes sense in a given situation shows me they are not careful with details and cannot be trusted to complete a job all the way themselves. Of course, I easily forgive occasional typos or small grammatical mistakes, but if they happen all the time, I get worried.

I'm sure people will argue that little things like commas and apostrophes don't change the course of the world. Most of the time they're right, and it's just about care for detail. However, in some contexts, such as legal documents or email communications in business negotiations, using ambiguous words or forgetting some punctuation can drastically alter how others understand what you write.

Therefore, I think it's always prudent to be careful with grammar and language, even in very informal contexts like Facebook and Twitter. Sure, you can use abbreviations and online-speak, but make sure you're clear, and sometimes, a comma is really worth that 1 character out of 140.

A book I particularly enjoyed reading a few years ago about all this is Eats, Shoots, and Leaves. It's for people who already know grammar but are always confused about certain things like where to put the apostrophe on words that end with "s" (no, it's not always at the end of the word), when semicolons or dashes are appropriate, and when capitalization is required or not required.

I hope you've enjoyed reading this small series of posts, and continue to let me know what you think (and if you have suggestions for future topics).
2 Comments

Networking and Promises: Curiosity, Attention, and Following Up

8/12/2010

3 Comments

 
Networking
It is not the oath that makes us believe the man, but the man the oath. --Aeschylus

I've been attending many networking events recently and pushing myself to improve in this important business function. I'm naturally a more quiet, shy person, so getting out there and really making strong connections to new people takes a lot of effort and discipline on my behalf.

I've been learning many sides to doing this properly, such as overcoming shyness and proper voice and presentation skills. I've also been reading some of the famous networking books, like Dig Your Well Before You're Thirsty. The information below comes from a variety of sources and my own synthesizing to bring out what matters most to me when I aim to interact effectively with others and how I enjoy others interacting with me.


Curiosity

A lot of my own inertia when it comes to networking is a result of nerves or shyness. I see others talking, and I feel like I shouldn't intrude. A second source of insecurity comes from wondering what to talk about.

A great way to get over both of these points and to be genuinely present in the moment when approaching others is having a strong sense of curiosity -- for the other person, their background, their skills, and any serendipitous connections that can result from your meeting them. You can be curious about where they come from, what difficulties they've overcome, and also how you fit in with their life, such as if you can help them in some way or give them some important advice. I honestly believe that there is something unique, special, and significant about every single human being out there and that every person (and animal) can teach me something useful that I didn't know before. This makes it easy for me to enjoy spending time with people who may not be of any "value" to me now but whom I can simply get to know and learn about and someday perhaps give assist or be assisted by.

By coming from the position of being really interested in meeting and learning as much as you can about all other people around you, it will be much easier to approach them and find topics of conversation.

Note that this is often not the way even gregarious networkers approach the situation. Often people come to meet you who are only interested in learning whether you are "high up" and can somehow help them, or if you have something they need. This frame of mind leads to a much poorer conversation and leaves a much worse taste in the other person's mouth. By coming instead from a frame of mind of curiosity, giving, and reciprocity, you can have a much more enjoyable and effective conversation.


Attention

I'm sure everyone has had this happen to them: You meet someone new at a cocktail reception; you ask them about themselves and listen carefully; then they ask you about your background, and as soon you start speaking, they are looking around the room and not hearing a word you're saying. It's extremely frustrating and a waste of time and breath. I've caught myself looking around the room at times and always stop myself when I notice this. At those moments, I ask myself why it is that I'm looking around and whether it's something about my not wanting to talk to this person or my being interested in something else. As soon  as I realize that there is a lot to be curious about in the other person, I can quickly snap back and pay attention without interruption from that point on.

The most common reason why I might start paying less attention to someone is if I don't understand a lot about what they're talking about. If someone is talking about something that's interesting to me or about my field or career, I won't have trouble paying attention. Instead of letting my attention wander when it's a subject I don't know much about (or terminology I'm not familiar with), I can use the opportunity to learn about something new and ask questions. There is the fear of looking stupid by asking a dumb question, but I think it's much better to show interest, even if on a basic/naive level about a new field, than to stop paying attention.

Paying attention to someone through active listening, eye contact, repeating what you've understood or heard, not interrupting, and asking intelligent questions afterward is an essential type of respect in all interactions.


Following Up

This point can be boiled down to "just do what you promise." It is similar to the points I made about phone calls and emails: when you tell someone you will do something, just do it.

This is especially important when networking. A big part of networking is helping each other, and it's very hard to help someone or feel dependable if you make too many commitments or just forget to follow through. When you meet someone whom you can genuinely help, it's not only your responsibility to offer them assistance but to also see to it that you help them and contact them after the event is through.

As soon as I get someone's business card, if I owe them anything or have any further questions or things to discuss, I note it down on their card (or in my phone). Then, when I get home, I shoot off the necessary emails or set up the right tasks on my to-do list (in addition to adding them to my contact list). With so few people who follow up thoroughly after meetings, you can really set yourself apart by being proactive in this regard and showing people that you care.
3 Comments

Hold the Phone: Responding and Speaking with Care

8/9/2010

2 Comments

 
Picture
If the phone doesn't ring, it's me. --Jimmy Buffett

This post is about phone etiquette, and it should hopefully be shorter and simpler than my previous posts. A lot of the ideas in here seem somewhat obvious, but many people pay little attention to them, and it causes phone communication with them to be slow and painful.

In today's world, a lot of communication is happening by phone calls. Emailing and text messaging seem to be replacing more and more phone calls, but there is still nothing that comes close to a phone call in connecting two people emotionally and intellectually who cannot be in the same room (or video conference). By showing respect on the phone, the feeling will go much deeper and will be thus be much more strongly received, purely based on the direct, real-time mechanism of the phone call itself.

I've gathered my top five thoughts/tips on phone etiquette below as they are the ones that frustrate me the most when I'm on the receiving end and the tips are not followed.

  1. State your name: At the beginning of a phone call, always slowly and with proper enunciation state your full name (and company, if applicable). The only time this rule can be relaxed is if you are pretty sure the other side has your contact information in their phone book or if the other side is a close friend. Otherwise, you should always repeat your introduction each time you call. There are also often times when people's caller ID systems don't work, and it's better to be safe than sorry. Once the other side jokes that they already recognize your voice, you can be a bit more informal with the intro.

    Also, I always like to ask if the other person has a few minutes or seconds to talk at that moment. Sometimes people pick up the phone expecting a short call and are not in a place to be able to talk for a long time. By giving them a quick way out of the call and the chance to reschedule, it'll make their life that much easier.

  2. Speak more slowly at first: When you first start talking to someone, they need time to mentally adjust to your voice in order to fully understand you. Though you may be in a rush, you can save yourself time in repeating things by starting off speaking more slowly, especially if you think the person you're calling may have general difficulty understanding your language. Just like the first point above, once you've had several conversations and are both adapted to each other's speech, you can proceed to speak more naturally.

    Also, in order to further promote clarity of communication, if you have reason to believe your cell phone reception is bad (or you're in a spot that's historically had poor reception), wait to make your calls until you're in a better location. Everyone gets easily annoyed with dropped calls and repetitive call backs when they can't hear you, and though this isn't really your fault, whatever you can do to time your calls appropriately will be a big help.

  3. Call instead of text or email: So many people get into the habit of always texting or emailing that the idea of calling totally slips their mind (or they're embarrassed to do it). I find that coordinating a meeting or discussing any topic that involves more than 2 back-and-forths is much more efficiently done over the phone. People can usually speak faster than they can type (especially on a cell phone), and you'll be able to deal with a lot of additional issues more easily on the phone than in writing because those will naturally enter the conversation if the mood is right. For example, instead of first coordinating where to see a movie and then coordinating dinner later, you could accomplish both goals with one phone call that will be much faster.

    A caveat here is that texting and emailing has the benefit of allowing delayed responses. This is nice if either party needs time to research the answer to something and can respond at their leisure. However, more often than not for simple logistical planning, a phone call can be much more efficient.

    Finally, as I mentioned above, a phone call still seems to me to be a much closer, more personal form of contact than texting or emailing. Use this to your advantage and make a good impression on the phone even before you've met the person.

  4. Return calls quickly and remember what you owe: This is probably the tip that's most close to heart for me. Just like in my post about email, I really dislike having to follow up on phone calls and leave multiple voicemails before I get a call back. If you can't respond in a timely manner, let me know; if you're ignoring me, let me know as well that you don't want to deal with me. But just leaving a conversation hanging seems really unprofessional.

    I think the same standard applies to phone calls as emails: same or next day response. Doing phone tag (back and forth voicemails) does not bug me that much, as long as neither side drops the ball when it's their turn to call back. To avoid this, leave a message and state what times you're available to talk over the next few days. That way, the recipient can call you back when you won't be busy.

    When you do call back, address all the points or questions that the other side was asking of you (just like in email). If you transcribe your voicemails into notes/to-do list items, you can respond by calling and carefully going  through each point to make sure you didn't miss anything.

  5. Know when to end the call: Finally, be sensitive to the other person's time and mood while on the call. Try to minimize distractions and pay attention to not only the words but the feelings behind what someone is saying. You'll be able to tell by the length of their sentences and their tone of voice whether they're sitting back and open to talking for fifteen minutes or whether they have thirty seconds to tell you something and then they need to run.

    Based on that, you can end the call as soon as the necessary communication is complete and either side needs to go. I've been on many calls which seem to drag. We do the necessary hello's and how-are-you's, then we discuss the main topic, and then we seem to wind down. However, at that point, the other side goes back to asking how I am or how something else is going. It's best to not interrupt the flow of things and instead deal with all catch-ups and status updates at the start of a call, the main topic in the middle, and summarize all action items and do good-bye's at the end. Yes, people don't need to be robots and can be more relaxed with this structure on the phone, but when either side is busy, it's best to stick to business and have a fun call later on.

I'm not sure if my word count was lower today, but I hope it was. Please leave me any comments or questions (or feel free to call if it'll be more than one back-and-forth :-) ).
2 Comments
<<Previous

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    April 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    May 2019
    March 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    February 2018
    January 2018
    November 2017
    October 2017
    September 2017
    May 2017
    April 2017
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011
    October 2011
    September 2011
    August 2011
    July 2011
    June 2011
    May 2011
    April 2011
    March 2011
    February 2011
    January 2011
    December 2010
    November 2010
    October 2010
    September 2010
    August 2010
    July 2010
    June 2010
    May 2010
    April 2010
    March 2010
    February 2010

    Categories

    All
    Angel Investing
    Cacti
    Cars
    China
    Community Service
    Culture
    Design
    Djing
    Dogs
    Education
    Entertainment
    Entrepreneurship
    Family
    Finance
    Food
    Google
    Happiness
    Incentives
    Investment Banking
    Judaism
    Law
    Lighting
    Magic
    Marketing
    Medicine
    Networking
    Nolabound
    Philosophy
    Professionalism
    Psychology
    Reading
    Real Estate
    Religion
    Romance
    Sales
    Science
    Shangri-La
    Social Entrepreneurship
    Social Media
    Sports
    Teams
    Technology
    Travel
    Turtles
    Ucla
    Venture Capital
    Web Services
    Weddings
    Zen

    Subscribe

    RSS Feed

Picture
Picture
  • Home
  • About
  • Interests
    • Angel investing
    • Magic
    • Scuba Diving
  • Blog
  • Contact