WEBVTT - From Intern to President

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<v S1>I want to share with you how to go from

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<v S1>intern to the president of a company in less than

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<v S1>five years. My name is Natalie Dawson, and I am,

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<v S1>in fact, the president of a company that did over

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<v S1>$125 million in revenue last year, has over 220 employees

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<v S1>in the parent company and hundreds of employees across our subsidiaries.

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<v S1>And over my career, I have figured out how to

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<v S1>invest in myself and develop myself in order to be

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<v S1>ready for opportunities as they come and not just be

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<v S1>ready for them know how to spot and create them.

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<v S1>So I want to share with you what I would

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<v S1>do if I could do it all over again, so

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<v S1>that you can be successful in a shorter amount of

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<v S1>time than I've been able to be successful. So let's

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<v S1>dive in. The first thing that you want to do

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<v S1>is take full accountability. You cannot blame anybody else for

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<v S1>what you don't know, what you don't have, how you

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<v S1>respond to things, the situation that you're in, anything that

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<v S1>goes wrong. Take full accountability, even if it's mostly somebody

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<v S1>else's fault. What could you have done differently? How could

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<v S1>you have foreseen the opportunity differently? How could you have

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<v S1>looked at the problem differently? People talk about accountability as

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<v S1>if like, oh, I'm just going to take accountability. Taking

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<v S1>full accountability is entirely different than just assuming accountability. A

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<v S1>good example of this is I had a team member

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<v S1>very recently who said, oh, I wasn't able to hit

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<v S1>my end of year metrics because I was given a

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<v S1>bad set of clients. It wasn't the ideal list. I

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<v S1>had to make do with what I was responsible for.

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<v S1>And so that's why I didn't hit my targets. Okay,

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<v S1>hold the phone. If this person was taking full accountability,

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<v S1>shouldn't they controlled what clients got to them? Couldn't they

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<v S1>have figured out, oh, man. Well, I don't have any

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<v S1>sales skills. And because I don't have any sales skills,

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<v S1>I let somebody else pick the clients that were going

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<v S1>to be inside my group. And therefore I got sucky clients.

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<v S1>So I actually, by taking full accountability, recognize moving forward,

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<v S1>I'm going to pick the clients moving forward. I'm going

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<v S1>to find those relationships, bring them in, have them understand

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<v S1>it from my perspective so that I can get the

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<v S1>right lot of clients see that person. That's the difference

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<v S1>in that person's approach. One is taking full accountability for

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<v S1>the outcome, and the other is saying, oh, well, I

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<v S1>got handed this and I couldn't do anything with it

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<v S1>because this is what I was handed. You don't allow

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<v S1>somebody else's decisions, somebody else's outcomes, to impact yours. If

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<v S1>you're taking true accountability for a situation, as you're figuring

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<v S1>out how to take accountability, what you will find is

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<v S1>there are a lot of things that you don't know.

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<v S1>If you are really honest with yourself, you might not

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<v S1>know how to sell. You might not know how to market.

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<v S1>You might not know how to interview people, how to

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<v S1>read financials. There's just a whole variety of things moving

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<v S1>from intern to president that you are not going to know.

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<v S1>And instead of having the urge to shy away, the

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<v S1>urge to think, oh, somebody else knows better or worse yet,

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<v S1>the thought that I'm not smart enough to figure this out.

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<v S1>As soon as any of that happens, you just have

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<v S1>to nip that in the bud. You can figure it out.

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<v S1>The things that you don't know only holds you back

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<v S1>to the extent that you don't know them. So why

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<v S1>not take the approach of I'm going to learn these things,

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<v S1>I'm going to figure these things out. I'm going to

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<v S1>take it as my responsibility to identify what I don't

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<v S1>know and figure out those things. Now, once you take

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<v S1>on this new mindset of I don't know what I

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<v S1>don't know, but I'm going to figure it out as

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<v S1>I go. My little tip on this is prioritize the

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<v S1>things that make money that is so important. Prioritize the

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<v S1>things that make money. You becoming the best at organizing

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<v S1>something is going to pay you less than you figuring

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<v S1>out how to sell something, or how to get attention,

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<v S1>and how to promote and create awareness around a product

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<v S1>or service. So you have to think strategically as you

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<v S1>move along in steps of your career, like what is

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<v S1>the most valuable use of my time? Project management. Although

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<v S1>you can make a great living in project management, you

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<v S1>are not going to make the same as somebody in

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<v S1>head of sales or head of marketing or head of

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<v S1>product as you are as a project manager. And so

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<v S1>if you're really keen on making money, follow the money,

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<v S1>solve problems and gain skills. Identify what you don't know.

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<v S1>That's in relation to money. Not just organizing or structuring

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<v S1>or creating processes for. Things, those things you can make

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<v S1>good money in. But if you're really looking for how

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<v S1>do I make the greatest jump in my income? How

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<v S1>do I make the greatest jump in my responsibility? At

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<v S1>some point, those things tap out because your ability to

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<v S1>find money, make money, attract money into an organization are

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<v S1>the skill sets that pay most and are with the

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<v S1>responsibilities of the highest level of an organization are responsible for.

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<v S1>So why not just choose to learn those skills instead

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<v S1>of prioritizing the others as you realize that you don't

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<v S1>know everything? I know it's hard to admit you don't

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<v S1>know everything. I love to think I know everything, especially

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<v S1>in my early 20s. I just thought I had all

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<v S1>of these courses under my belt and I was gonna

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<v S1>leave college. I didn't finish college. I'm one semester, sure,

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<v S1>but I was going to be one semester short of

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<v S1>college and join my corporate career. And I just had

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<v S1>everything figured out. And I had studied a handful of

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<v S1>books but had no real experience. And it was a

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<v S1>huge wake up call around all the things that I

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<v S1>didn't know. I'll never forget being in the office with

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<v S1>somebody that I respected so much. I watched this woman

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<v S1>as the CTO of our company, just like kick ass

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<v S1>in meetings, and she was so efficient and effective, and

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<v S1>she was just like, she figured it all out. She

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<v S1>was my idol. She was my mentor, and she was

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<v S1>teaching me about project management, like the basics of project management.

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<v S1>As I ran into her in the hallway and she

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<v S1>spent 15 minutes talking me through how to look at

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<v S1>statuses and how to proactively measure and judge if a

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<v S1>project is going to be off track, or if it's

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<v S1>going to hit its timeline and milestones and all of

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<v S1>this stuff. As she was saying, things like milestones, KPIs, tracking, reporting, like,

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<v S1>I had a basic definition of these things, but I

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<v S1>didn't have a full understanding of how I was going

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<v S1>to roll out a project and actually utilize all of

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<v S1>those components. So what I did was I took courses

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<v S1>and I read books, and you're going to have to

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<v S1>do this too as soon as you figure out what

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<v S1>you don't know, the first thing that you do, instead

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<v S1>of being a victim of, I don't know how to

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<v S1>do this, look it up on YouTube. Watch some videos

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<v S1>about how to figure these things out. You have to

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<v S1>take the mindset that you can learn anything. And as

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<v S1>you identify these things by books, by courses, don't spend

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<v S1>money on stupid stuff. I made this mistake. I spent

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<v S1>my money the very first time that I had like

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<v S1>a real paycheck. I thought I was like living large.

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<v S1>I was 20 years old. I had just gotten my

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<v S1>first big paycheck. And what did I do? I went

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<v S1>to the Louis Vuitton store and I bought a duffle

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<v S1>bag for travel. Ridiculous. Now, luckily, I had enough income

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<v S1>at the time to not have to sacrifice buying the

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<v S1>bag with courses and self-development, but I should have been

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<v S1>spending so much more money on courses and self-development and

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<v S1>no money, and no time and no energy on a

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<v S1>dumb bag. I would never recommend somebody to do that today,

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<v S1>go all in on the courses and oftentimes they don't

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<v S1>have to be that expensive. You can research things on YouTube.

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<v S1>You can buy really basic books. One of my favorite

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<v S1>series of books is the For Dummies books. I've at

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<v S1>least read 20 for dummies books. Accounting for dummies. Finance

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<v S1>for dummies. Marketing for dummies. Taxes for dummies. Because I

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<v S1>want to learn these things and you have to recognize

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<v S1>that you need to learn things. That's what you're doing

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<v S1>right now. You're watching YouTube videos. So you've already you're

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<v S1>already way ahead of where I was. But you have

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<v S1>to learn these things and add these skill sets in

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<v S1>order for you to be more valuable. One hack that

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<v S1>I used to impress people early on, and still serves

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<v S1>me today, is as soon as I was done with

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<v S1>a meeting, I would take notes on that meeting and

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<v S1>I would send a recap as quickly as possible. I

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<v S1>didn't care what the meeting was. It could be an

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<v S1>onboarding training. It could be an orientation, it could be

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<v S1>an actual meeting that required notes. And I wasn't the

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<v S1>person responsible, but I still did that anyway, because prompt

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<v S1>follow up impresses people. Most people do not follow up.

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<v S1>Most people receive things and sit in meetings and our participants,

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<v S1>but they don't actually show up and follow up afterwards.

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<v S1>And so you don't know what they took away from

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<v S1>the meeting. You don't know what their thoughts were. I

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<v S1>was amazing at always taking notes, taking those opportunities to learn,

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<v S1>but more importantly, setting the expectation with everybody around me

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<v S1>that I'm on it. Because I was the first to

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<v S1>follow up. I had a two hour follow up rule.

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<v S1>As soon as the meeting was over. Within two hours

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<v S1>I was responding with, this is everything that happened. These

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<v S1>are the questions. This is what I took away. These

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<v S1>are the next steps. Am I on track with this?

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<v S1>And that really impressed people because it gave transparency into

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<v S1>what I was thinking, what I took away, and if

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<v S1>I was wrong, I was willing to be wrong so

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<v S1>that somebody could correct me and give me actual feedback.

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<v S1>My notes, strategy and that follow up strategy really served

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<v S1>me when it came to my mentors, because even that

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<v S1>conversation I was mentioning earlier with the CTO, as soon

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<v S1>as she spent that 15 minutes with me telling me

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<v S1>about project management, I followed up with her instantly saying, hey,

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<v S1>this is what I took away. Hey, this is what

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<v S1>I learned is this is this the right direction that

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<v S1>I'm going down? Because when you have mentors and you

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<v S1>look at people in an organization, you look at people

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<v S1>around you that you want to spend time with, the

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<v S1>only way that they know that their time is being

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<v S1>spent well with you is through your implementation. So how

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<v S1>can you take massive action? But first you have to

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<v S1>recap it right? Like first recap and then take massive

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<v S1>action to be able to demonstrate to them that the

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<v S1>time that they spent with you actually produced something. That's

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<v S1>what every mentor wants out of somebody that they're mentoring,

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<v S1>to not just have it go in one ear and

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<v S1>out the other, it actually becomes fruitful. And so not

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<v S1>only what I take those notes as soon as that

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<v S1>meeting was happening or as soon as that feedback was given.

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<v S1>But I'd remind myself every month, hey, I should give

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<v S1>progress on these initiatives, and that would hold me accountable

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<v S1>to actually ensuring that I was following up on the

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<v S1>things that they were telling me to do, not just

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<v S1>taking it for, oh, I'm getting mentored and not doing

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<v S1>anything with what they actually told me to do. Speaking

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<v S1>of mentors, my husband is my greatest mentor. I've had

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<v S1>the unique opportunity to work with my husband for over

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<v S1>a decade, and he wrote this book. It's called nine

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<v S1>Figure Mindset How to Go from zero to Over $100

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<v S1>million in Net Worth. And this book is filled with

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<v S1>his life lessons and experiences of what he had to

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<v S1>do to go from having nothing in his bank account

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<v S1>to having over $100 million net worth. This would be

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<v S1>an excellent example of a book that you should read

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<v S1>on your path. And if you're really following my advice,

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<v S1>maybe even write a summary email and you shoot it

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<v S1>to info at Carton ventures.com. Because I have a feeling

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<v S1>that if you do a really great job summarizing it,

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<v S1>it will get to my husband and he'll probably give

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<v S1>you some feedback because you did your part, and actually

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<v S1>reading and taking notes on something that was important to him. Oh.