658 CEO Coach Matt Mochary — Live Coaching with Tim, Why Fear and Anger Give Bad Advice, How to Perform Personal Energy Audits, The Power of Accountability Partners, Delegation Tips
This is a OPEN AI summary of the Tim Ferriss Podcast #658- visit www.TinyTim.blog for more AI summaries, or www.Tim.blog for the official Tim Ferriss Podcasts.
In this episode, Tim Ferriss interviews Matt Mochary, a CEO coach who specializes in helping CEOs and their companies or investment firms transition from freewheeling startups to dominant enterprises. They discuss Mochary's coaching methodology and how it can be applied to various situations. In this excerpt, they discuss fear and how it can affect different areas of our lives. Ferriss shares that he recently ended a five-year relationship and is now starting from scratch, which is daunting for him. Mochary probes Ferriss about his fears around this process and Ferriss shares that he is mostly concerned with finding someone new who will be his best friend. The speaker discusses the difficulties of dating, both in terms of the "crazy" people out there and the ulterior motives that some people may have. He says that trust is a big issue for him, and that it can be hard to find someone who is both beautiful and successful. In the end, he says that the fear of starting over again is a big reason why he doesn't want to date.
In this conversation, Tim Ferriss and Matt Mochary discuss the idea of making predictions about the future. Ferriss shares his prediction that the dating process will be more exhausting than fun, while Mochary predicts the opposite. They agree to a bet, with the winner being the one whose prediction is closer to the truth. In order to be successful in dating, it is important to be in control of your fear. This can be done by identifying when you are in fear and then taking action to overcome it. In order to "get out there" and meet new people, Tim Ferriss has set a goal to go on three dates in three months. He plans to ask three friends to help him set up group dinners or activities so that he can meet new people in a more comfortable environment.
In this conversation, Tim Ferriss and Matt Mochary discuss the importance of taking action and following through on commitments. Mochary shares that he always tries to turn conversations into action items, and that this is one of the things that makes him an effective CEO coach. Ferriss argues that it is crucial to have a system in place to ensure that actions are taken and followed through on. Mochary believes that accountability beats elaborate planning when it comes to modifying behavior.
Wei Deng, CEO of Clipboard Health, taught a group of CEOs how to make decisions by identifying fear and considering who will be affected by the decision. The person making the decision to fire someone is torn because they know the pain and suffering that will be caused. However, if they think about what the person being fired really wants (financial security), they can find a way to help them that minimizes the damage. Matt Mochary discusses the importance of firing well in order to avoid causing undue stress and trauma for the employee. He recommends being understanding and helpful, rather than cold and unyielding, in order to make the process as smooth as possible. The manager can help take the first few steps for the person so they don't have to take those steps entirely on their own. In this clip, Matt Mochary and Tim Ferriss discuss the importance of finding out what an employee is passionate about, rather than simply firing them for bad behavior. Mochary argues that almost always, this passion can be translated into a skill that can be used elsewhere in the company.
The speaker explains that when you're trying to hire someone, you need to sell them on the job and evaluate their past performance. He says that most people do reference checks wrong by contacting people who didn't work closely with the person they're trying to hire. The speaker explains that he uses a system from the book "Who" to more effectively evaluate potential hires. In order to hire great candidates, it is important to sell them on the role and company. This means getting to know them and understanding their dreams, fears, and concerns. It is also important to move quickly; from the moment you meet a candidate until the moment you make an offer, endeavor to have it be just a few days.
In this conversation, Tim Ferriss and Matt Mochary discuss the best ways to assess past performance and weaknesses when interviewing managers. Mochary suggests asking the candidate to connect you with a former manager, and then asking that manager if they would hire the candidate again. Ferriss and Mochary then move on to discussing energy audits. The article discusses how to audit your time in order to find ways to eliminate activities that drain your energy. It suggests looking at your calendar and marking each hour as green (energizing) or red (draining). Once you identify activities that are draining your energy, you can eliminate them from your calendar. The author asks if there are any tasks that people are dreading that they could delegate or eliminate altogether. He suggests that if a task needs to be done, but someone else could do it, then it should be delegated. For tasks that absolutely need to be done and can't be delegated, the author suggests thinking about what would make the task more enjoyable. This could involve changing the environment, listening to music, or having an accountability partner. In this clip, Matt Mochary and Tim Ferriss discuss the idea of saying no in a kind way, and how to delegate and make things more efficient. In order to run an effective meeting, it is important to have a written agenda and to pre-write and pre-read. This allows for better communication and eliminates the need for verbal conversation only. Tim Ferriss and Matt Mochary discuss the importance of having effective and efficient meetings. Mochary shares that he writes down his thoughts before sharing
In this conversation, Tim Ferriss and Matt Mochary discuss the importance of giving feedback, the dangers of confirmation bias, and how to approach a representative day.
In this conversation, Tim Ferriss and Matt Mochary discuss the idea of removing the need for legal advice in one's life. Ferriss argues that while it is possible to do this, it would be a very bad idea. Mochary agrees, and they go on to discuss the activities that require legal advice and how to remove them from one's life.
The individual in this piece talks about their experience going to places where other people are not and helping where other people are not. They talk about how they went to the slums of Rio and the South Bronx and realized that the best kids are joining drug gangs because it is the best way to get a job and eat. They talk about how they realized that criminal behavior in the United States is actually rational behavior given the circumstances that many people find themselves in.
In the excerpt, Tim Ferriss interviews Matt Mochary about his coaching business. Mochary shares that he initially invested in his clients, but realized that it was creating friction in some cases. He then switched to a policy of no cash, no equity, which has been working well for him.
Matt Mochary is the founder of a software company. He has been interviewed by Tim Ferriss about anger and how to deal with it. Mochary shares that often, the best way to deal with anger is to simply give it time. Other effective methods he mentions include breath work, exercise, and hot tea. He also notes that it can be helpful to have someone else around to help identify when one is angry.
In this episode, Tim Ferriss interviews Matt Mochary, a self-defense expert. They discuss the Mochary Method, a system of self-defense that is designed to be used by anyone, regardless of size or strength. Mochary also discusses his coaching business, which helps people learn and apply the Mochary Method.
658 https://tim.blog/2023/03/01/matt-mochary/
