Finding it tough to stick to your New Year's resolutions? You're in good company. Mark C. Thompson, CEO coach and guiding light to the likes of Serena Williams and Richard Branson, is a goal-setting guru. Mark’s mantra is clear: success in goal-setting isn't just about starting, it’s about finishing. Think of your career as a long-term investment. Ready to add new skills? Mark says build a community of coaches and find that goal-setting partner. And remember, if you can align your goals with purpose, passion, and performance, you'll be a master goal-setter in no time.
“If you're really motivated by three things and if they all come together, you’re a triple threat,” says Mark.
What are your 2024 resolutions? To keep up with these conversations and be inspired by our guests’ stories, subscribe to linkedin.com/thisisworking.
[Auto-Generated Captions]- I think
this is your year. (upbeat music) I think this is going to be the year where there are more
opportunities than ever to think creatively about
creating those other attributes, those other passions and
purpose that you can be living in the work that you're
doing and then get help. - Let's face it, most of us
make New Year's resolutions and end up dropping them
months, even weeks in. January is also the time of year when professionals go on the job hunt. On LinkedIn, there's a nearly 40% spike in members searching for jobs. It can all be an overwhelming process. Luckily, Mark Thompson is here to help. Goal setting is what Mark excels at. Mark is an executive coach who's advised some of the world's most successful people from Lyft co-founder Logan Green to Richard Branson. I sat down with him to learn the secret behind achieving what you set out to do. Here's how Mark Thompson wants
to set you up for success. (upbeat music continues) I really wanted to make sure
that you came in January (Mark laughs)
because this is the time when everyone starts
looking around at the jobs and starts thinking, why am I here? There's got to be something better. - Yeah.
- Somewhere else. What's the first step in even thinking about the kind of career
that you want to have? - Well, I think that it's
really kind of interesting, 'cause the first thing that happens is you start the year in a burst, and you want to set these goals and the goal-setting
piece is really important, but that's too much like
this conversation here. We're comfy, we're dreaming.
- (laughs) Right. - But that person who's
going to do that stuff isn't the person making up the goals. In other words, the person who's imagining what's happening next
isn't really thinking about what it's going
to require to do that. - Yeah.
- The thing is, you have to think about your
career as an investment. It's going to go through
these ups and downs. There's going to be volatility. So there's a way to think
about maybe your career to add things to the portfolio
before you even take the leap into the next job. What have you put in so
far that you could build on that you do next, the building blocks that you want to create? And I think a lot of people say, I can't get it here.
- Right. - And I'd really kind
of have you think about, well, can I make an investment
here in a way that might be able to change the outcomes long term.
- What does that look... 'Cause I think you're right. So many of us are like, not working, I'm going to go somewhere else.
- Right. - So what's the step then to think about how do you start
adding on those extra skills? Do you reach out to people? Do
you just do it all yourself? What's the next step?
- Absolutely get help. I mean, it's amazing. One of the people, I have the privilege of
coaching all these unicorns, and they often are making
career transitions. And one of those is Venus Williams, working with her sister Serena. They've been building businesses
since they were listening to their dad from the backseat on the way to tennis practice, and she's always wanted
to acquire new skills. And so for example, she
wanted to do a sprint, but doesn't want to do an MBA. That's a way too much effort. So how can I get those extra skills? So she decided to do a series of Stanford executive education courses. She forced herself always to think about the next thing as a new skill. Like maybe you don't need a degree. What you need is a few more skills. And then the other piece is,
we suck at achieving the goals that we set for ourselves unless we know someone else is going to talk to us about them. - So is the takeaway
here that the job search can also often feel very solo. - Oh, so alone.
- You're in this yourself. You have your own goals.
- Exactly. - Is the answer find a partner? - Yeah, absolutely find a partner. Set your goals together?
- Right. - What do you want to achieve? And teach each other?
- And and Venus had up to four coaches at any one time. - Really? - So she'd have this nutrition coach, she'd have this weightlifting coach, she had a business coach, she had a person who was really helping with
the training on the court. And then there are help that you need for different seasons of that effort, too. You know, you're trying
to lose weight, you know, get some buddies who are
also trying to lose weight. So I don't think you want
to stop even at getting help from one person to build
a little bit of community. (upbeat music) - A study in the journal
PLOS ONE found that only about half of people stick to their New Year's resolutions. And what separates the
achievers from the rest is a support system. The study also shows the importance of positive goal setting. If you set a goal to
gain something you want, rather than a goal to
avoid a certain outcome, you're more likely to reach that goal. - Most of us, (laughs)
no matter how well off or how well you've done
so far in your career, I don't know anybody who feels overvalued. Do you feel overvalued? - No. (scoffs) Way undervalued. - Way undervalued. So what I was curious to know is, so how is it that we
can be kind of honored, respected, admired, and engaged for the things that we
care about the most? And what I realized is that
we hadn't done enough homework to understand who we wanted
to be valued by and how. And so we have a real clear
intention to say, here, I would like to be valued
here, here and here, but I really don't know
what my boss values, what my spouse and family might value, that we could be connecting with them and bridging with them in
ways that they care about. Think about the purpose that
you want to be maybe re-upping. Think about what might be those things that you'd secretly do for
free that you could bring more of into the work that you do. That private I call it the three Ps: purpose, passion, and performance. I met the Dalai Lama and
what he explained to me that we did research around was that you're really
motivated by three things, and if they all come together,
you are the triple threat. And that's having that passion, that thing that you'd
secretly do for free. Some element of the work
that you're doing needs to be the thing that
you just find yourself getting lost in if you can. Secondly, if you can be
connected to something that is a bigger community
of purpose than you are, and then something that you
wouldn't mind to keep score at, that kind of gets your competitive
or winning spirit going. - Is there an order to those three? If someone's watching
this and they're like, this sounds overwhelming. I think I'm just going to stay where I am. - (laughs) Yes, right. Well, I think what is the real first step is to think about the times when you've really been
most alive on a team or in a community of service somewhere, if you've had that opportunity. What were the traits of the people? What were the attributes? And there's been times in
your life when you felt that. So I'd start first with thinking
about the people you admire and the traits in those
people that you'd like to aspire to acquire. Your life will get better.
- Yeah. - I think that also you could
think about those moments where you were the most engaged on a team. And then third, what were
some of your proudest moments? You know, people are often talking to me about how difficult change is, but I'm not sure we hate change as much as we hate loss of control. Because if you really think
about your proudest moments, you were probably trying
to change something and you did. And the more it was against all odds, the sweeter it was, right? - I think for so many of us, this search doesn't involve any of that, because we have been trained
to think about title. - (laughs) Yes, right.
- And money, and maybe, you know, where you
sit within an organization. Is that part of how you should think about your job search and your career? And if it's not, how do you
get out of that thinking? - Well, I think that there's
the practical issue of knowing that you have to have certain obligations that you have to meet, which is one reason why
I'm suggesting something that might be a bit more controversial, which is before changing jobs, thinking about how to change the job. - Yeah. - And change our approach to the job so that you can prepare yourself
for a better opportunity. That's why I really emphasize two things. One is that we do have to
usually get additional skills before taking the next big opportunity, and then we have to think about how public we can make ourselves in with regard to building our own individual brand. - What do you mean by that? - Take an opportunity to be
speaking to a community group or be active in community groups where you can play a leadership role, and really start to exercise
that those communication skills and present skills and branding
skills that are important for you to be really appreciated and selected in that next job. - I saw something you wrote about the idea of this hubris of going for the gold. - (laughs) Yes. - It's not if you want to
become an Olympic athlete, it's not just that you can run faster, you have to have the hubris that you could actually win a gold medal. So could you talk a little bit about that? - Sure.
- Of getting out of your head and of believing that you are right for one of these positions? - Yeah. I think that this issue
of hubris and humility is, the way I kind of put it,
this wild-ass ambition that you have to win a gold
medal or be the best you can be in a craft is really
also related to something you usually don't see in the
same thought or sentence, which is humility. The humility to know that
if I'm going to run faster or be faster, I have
to get faster somehow. That I need to get help to get faster. I think that's what I see
in the CEOs that I coach who are high-impact, is they realize they're
now going into a job that they've never done before. So this idea of hubris and humility, this idea of believing that
you can make a difference, that you can have impact,
and having the humility to realize that the only way to do that is to do it through and with others. Nobody does it alone. - All right, one last question. I want to flip this around a little bit. What's your guidance for
managers about how to make sure that they are getting the
most out of the people and their people who
they want to stick around are sticking around? - Well, you know, I think it's best to get to know your team better than ever. How deeply do you know
every member of your team? It goes back to this opening idea of understanding what they value, and what they're looking
for in their careers, and seeing if there's a
way that we can unlock the opportunity within the organization. There might not be.
- Mm-hmm. - And yet sometimes we're
so busy doing what we do, we're not learning why
people are doing it. I remember, there was one
story in a publishing company where there they couldn't get anybody to do the documentation on the software and that was just a
dreadful, boring thing to do. And finally, when we understood
why they needed to do that, they just needed a guide so
that people understood how to, you know, troubleshoot
that particular software, they found somebody here
who loved to do video work. Well, she ended up being the one who was, they didn't write it up, they recorded it, they edited it, and they got
the job done in a new way. The project that nobody
wanted for three months got done in three days.
- Mm-hmm. - And so why not make the assumption that there might be a better way, a more passionate way,
a more purposeful way to do the work that
we're being tasked to do, but maybe not the way it was assigned, so that we could be the linchpin
to make a huge difference. (upbeat music)
- Here's what stood out to me. What the best leaders and
executives have in common is their ability to focus on
a goal and make it happen. One of the best ways to make sure that you achieve your goals is by defining your missions and values. Have passion for the
goals you want to reach, and lastly, find someone that
will hold you accountable and help you push through. We dive deeper into this topic on the This Is Working Podcast. Meanwhile, tell me what's
your goal this year and how will you make sure you achieve it? Let me know in the comments. (upbeat music continues)
What about the little guys , labour operators , multi operators sitting at home , the real team players that get the job done , where’s the benefit in that trying to decide whether you eat or drive looking for work , I’m one of those of many who are struggling, you want inspiration? And new yrs resolutions , my goal was to work , support a family , have a better life , now no work , no income , on the verge of losing everything including family , and all I ask for was simply to be employed and be a team member,
I love Thompson's recommendation to "get to know your team better than ever". Having your people feel seen and heard is a win in and of itself. It also sets you, their manager, up for thoughtful delegation that plays to your people's strengths and interests. This is how you're most likely to unlock your team members' best performance.
In 2024, my resolutions as a content writer include honing my storytelling skills to create more engaging narratives, expanding my expertise in diverse content formats, and staying abreast of emerging trends in the ever-evolving digital landscape. These goals are driven by a commitment to continuous improvement and a desire to offer fresh, valuable perspectives to my audience. By embracing these resolutions, I aim to elevate the impact and relevance of my content throughout the year.
This post and Mark C. Thompson's insights are incredibly motivating. It's so true that the key to successful goal-setting is not just beginning but seeing it through to the end. Thinking of a career as a long-term investment really puts things into perspective. Building a community of coaches and finding a goal-setting partner are excellent strategies for staying on track. Aligning goals with purpose, passion, and performance indeed seems like the formula for becoming a master in goal-setting. Mark’s concept of being a 'triple threat' when these elements converge is particularly inspiring.
As for my 2024 resolutions, I'm focusing on continuous learning and expanding my professional network. Subscribed to the channel for more inspiration and looking forward to learning from the experiences of your guests! #GoalSetting2024 #CareerGrowth #ThisIsWorking
Thank you for sharing this valuable insight, LinkedIn News! Setting and sticking to goals can often be a challenge, but Mark C. Thompson's advice on goal-setting is truly inspiring. Building a community of coaches and finding a goal-setting partner is a fantastic approach to staying accountable and motivated in achieving our objectives.
Aligning our goals with purpose, passion, and performance is a key aspect that Mark highlights. When these three factors converge, we become a triple threat capable of achieving extraordinary results.
As we move forward into 2024, it's important to reflect on our resolutions and set clear intentions for personal and professional growth. Personally, I aspire to enhance my leadership skills, broaden my knowledge in digital marketing trends, and foster stronger connections within my industry.
I appreciate the opportunity to engage with this insightful conversation on LinkedIn. Looking forward to being inspired by the stories of other professionals on their journey towards success. Subscribed!
This is short podcast offers such valuable advice. Worth listening to more than once. The advice for managers to get to know each member of their team is critical. As Gallup has demonstrated time and again, it’s by far the manager who accounts for the level of engagement and performance of the team. People really do want and need to know why their job is important and how they can contribute and be accountable for results. The example of tapping into an individual’s strengths-in this example, producing a video rather than tedious written documentation-ignites purpose, passion and performance that otherwise would not have been achieved.
Founder & CEO at IPPBX | All of the tools required to Create, Develop, Optimize, Manage and Scale a business ☁️ | More than 100,000 Satisfied Customers | HIPAA Verified | ISO 27001 | Proud Father
Mark C. Thompson's insights on goal-setting hit the mark! Aligning resolutions with purpose, passion, and performance resonates deeply. It's a holistic approach that transforms mere goals into personal missions. Building a support network and finding that goal-setting partner are pivotal steps toward success. Personally, 2024 is about continuous learning and aligning my ambitions with purpose. Excited to see how others are shaping their resolutions for the year ahead!
APA, SAG-AFTRA, PANA NY based Audiobook Narrator, 1st Gen Armenian/American, professional home studio, skilled at MG Adventure, Fantasy, Romance, Cozy Mystery
Absolutely find that all of Mark C. Thompson's advice is invaluable--I see that I use good doses of each piece of the recipe often when facing a new project or challenge. Now I will use all of them! In addition, the real life examples used here help to clarify the ideas. Excellent.
p.s. throughout the year I make many, many mini goals that add up to milestones to achieve what might be called a New Year's Resolution :)
Teamwork makes the dream work. It is a privilege and a thrill to be on so many teams as an external player. No one gets to where they're going all on their own. And I think it's so important to dispel the myth that people must do it all alone just because entrepreneurship and leadership feels isolating and lonely for many or most. It simply does not have to be like that.
Heavy equipment operator/Foreman
11moWhat about the little guys , labour operators , multi operators sitting at home , the real team players that get the job done , where’s the benefit in that trying to decide whether you eat or drive looking for work , I’m one of those of many who are struggling, you want inspiration? And new yrs resolutions , my goal was to work , support a family , have a better life , now no work , no income , on the verge of losing everything including family , and all I ask for was simply to be employed and be a team member,