Office Hours - paulhoyt.com Hours 65 - The Power of Habit.pdf• Triggered; activated in response to...

Paul Hoyt's "Office Hours" Series

www.PaulHoyt.com ** 877.For.Hoyt ** 415.997.8001

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Office HoursOffice Hours

Welcome to Office HoursWelcome to Office Hours• A relaxed, informal mentoring program• Held every Monday at Noon Pacific Time• All recordings, slides, and exercises are

archived in our member’s area• All recordings are available on

my YouTube channel:www.YouTube.com/user/PaulHoyt

The ReasonsThe Reasons• Being a successful small business owner

can be a great experience!• But it’s tough - you need Education, Training,

Tools, and Team to be successful• I want you to get to know me

The ReasonsThe Reasons• First and most importantly, I want you to

know that I care about you.• I want you to succeed in every area of

your life, whatever that means to you.• I want you to find the greatness, the

happiness, the divinity within yourself,and then remember it, embrace it,and live it every day.

My PassionMy Passion• To increase the survival rate…• Accelerate the growth rate…• And reduce the struggle rate

of businesses in America

My Vision…My Vision…

• To help millions of CEOs andEntrepreneurs accelerate their businessgrowth and enjoy greater harmony andbalance in their lives

• To help them “Grow and Thrive and blastpast Survive!”

• You can help by passing the word

Office Hours AgendaOffice Hours Agenda• In depth discussion of a business success

principle• Closing remarks, special offers, and

invitation for next weeks session• Open Q&A and coaching

Join Us!Join Us!• Brilliant Business Groups on Facebook and

LinkedIn– https://www.facebook.com/groups/

BrilliantBusiness/– http://bit.ly/BrilliantBusinessGroup

Join Us!Join Us!• Business Success Principle of the Day

postings on both Facebook and LinkedIn• Energy of the Day posting on Facebook• Make comments, ask questions,

share insights and “takeaways”• “Like” my business page on Facebook

Today’s Topic:Today’s Topic:

The Power of Habit: Why We DoWhat We Do in Life and in Business

by Charles Duhigg (2012)

The Key Performance AreasThe Key Performance Areas

Five Primary Business EnvironmentsFive Primary Business Environments• Startup• Steady Growth• Rapid Expansion• Turnaround• Exit

AgendaAgenda• What are Habits?• Habits and the Brain• The Habit Loop• Changing Habits• Habits and Business• The Bottom Line

What are Habits?What are Habits?• Learned behaviors, repeated regularly• The result of repetition• Typically unconscious and automatic• Triggered; activated in response to stimuli• Persistent and reliable• Permanent or semi-permanent• May be positive or negative

Bad HabitsBad Habits• Procrastination• Fidgeting• Getting angry• Nail-Biting• Addictions: smoking, drinking, etc.

Good HabitsGood Habits• Cleanliness• Exercise• Courtesy• Getting to work on time• Driving responsibly

On Several LevelsOn Several Levels• Personal (personality)• Business (routines and culture)• Societal (norms)

Habits and the BrainHabits and the Brain• In the Basal Ganglia• Not the same place as memories• Our primal learning center• The brain’s way of conserving energy

and acting very quickly• The case study of Eugene

Habits and the BrainHabits and the Brain

The Habit LoopThe Habit Loop

CravingsCravings

ExamplesExamples• Pepsodent

– The “tingle”• McDonalds

– Melt in your mouth fries• Addictive substances

– Accelerate cravings• Sales

Changing HabitsChanging Habits• Change the cue• Change the routine• Change the reward• Change the craving

Change the CueChange the Cue• Eliminate or minimize the triggers of bad

habits– Don’t go to the bar

• Increase the frequency and intensity oftriggers of good habits– Hang out with those who exercise

• Very important to know your cues!

Change the RoutineChange the Routine• The Golden Rule of Habits• Easier to form a replacement habit than

eliminate an old one• Examples:

– Gum instead of cigarettes– Healthy food instead of junk food– Meditation instead of alcohol

Change the RewardChange the Reward• Reduce or eliminate the reward of bad

habits– Waking up in the gutter / DUIs

• Increase the reward of good habits– The sales bell– Massive encouragement

Change the CravingChange the Craving• Reduce the sensitivity of the system

– Getting more sleep– Drinking more water– The Law of Empowerment

• Reduce the memory of the reward• Watch out for stress!

How Long Does it Take?How Long Does it Take?• Common wisdom: 21 days• Recent studies: average of 66 days

– From 18 to 254 days

Willpower and HabitsWillpower and Habits• Willpower is the ability to control your

urges – which is to say, your habits• Willpower is an exhaustible resource• It is also a resource you can increase

Habits and BusinessHabits and Business• Why? Automatic and immediate behavior• Focus on “keystone habits”

– dressing sharp, focus on safety,customer interactions

• Repetition from role models• Consistent negative rewards• Enthusiastic positive rewards

The Bottom LineThe Bottom Line• Consciously manage your personal habits• Consciously manage your business

habits• Change your habits – change your life!

AgendaAgenda• What are Habits?• Habits and the Brain• The Habit Loop• Changing Habits• Habits and Business• The Bottom Line

Homework / ExercisesHomework / Exercises• Do a personal habit inventory• Complete a business habit inventory• Focus on the cues• Change or eliminate a bad habit• Install a good habit• Review Office Hours 56: “Switch”• Get coaching and support to

manage the process

Open Q & A and Coaching– in a minute• Comments and questions on the topic

of the day, then any other issues• Tell me what your biggest “take-aways”

are and what insights you gained fromthis presentation

• Tell me what you are going to focus on

Our Support ServicesOur Support Services• Education• Training• Consulting• Coaching• Growth Management

– A “Do it With You” service!

Our Support ServicesOur Support ServicesService Teach You Do It With You Do it For YouEducation XTraining XCoaching XAdvising /Mentoring X X

Consulting X XGrowthManagement X X

New Program: The Awakened CEONew Program: The Awakened CEO• For those who are not only building the

business of their dreams, but also becomingthe person they have always wanted to be

• Call me for more information

Next Office Hours: Feb. 16thNext Office Hours: Feb. 16th• Topic is: TBD• Let me know what topics you would like for

me to address: www.PaulsSurvey.com• Do your homework!

Open Q & A and CoachingOpen Q & A and Coaching• Comments & questions on the topic of the day• Any other issues• Your take-aways and insights• Survey: www.PaulsSurvey.com

Contact Me at paul@paulhoyt.comcall or text: 415.997.8001

• www.SchedulePaul.com

Office HoursOffice Hours

Office Hours - paulhoyt.com Hours 65 - The Power of Habit.pdf• Triggered; activated in response to...

Documents

The Power of Habit: Why We Do What We Do in Life and Businessfree.epubebooks.net/ebooks/books/the-power-of-habit.pdf · PROLOGUE The Habit Cure She was the scientists’ favorite

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