Our Australian Open package will help you lift your game – on and off the court
1 Dream It, Then Build It
The concept of a 3-D map of the world has long been a staple of sci-fi, so it already existed in people’s imaginations, Hanke says. As a result, once he saw the demo, he knew it would be embraced by users. “Success comes down to picking the right opportunity,” he says. “Make sure it’s worth the effort. Find something that feels like it just has to become a reality, whether it’s you or someone else who makes that happen.”
2 Align Your Stars
Personalities are key to success — but they can also conflict. “We have rock-star talent, but you’re trying to get something done,” Hanke says. His tactic: keep the mission in the foreground. High-caliber talents are motivated by ambitious goals, says Dr Andrew Boynton, author of Virtuoso
Teams. But don’t force compromise. Instead, make your people compete with one another, and then churn through their ideas until the best ones emerge.
3 Learn from Everything
Hanke searches for lessons in all his experiences — not just the triumphs. This is a sign of self-awareness that he looks for in others. Failures, in particular, are difficult to confront, says economist Tim Harford, and we may lump them with successes to produce net positives in our memories. But that won’t help you perform better. The trick: remember that failure isn’t a flaw. “If you are trying something significant and new, you’re going to make mistakes,” says Harford.
4 Show Your Passion
Hanke looks for people who exhibit enthusiasm for the projects they’re working on; it starts with generating ideas for team improvement. For his hires on the business side, he likes to see evidence of entrepreneurialism, even if it’s a business started to pay the bills in college. “Any kind of initiative says a lot about the person’s drive, intelligence and ability to creatively solve problems. That’s huge for me.”
5 Move Past Profits
To motivate your team, establish goals beyond making money, Hanke says. Google Earth found its higher purpose in 2005, when the team worked nights to produce imagery of New Orleans after Hurricane Katrina struck so people could check on their homes. Harvard professor Michael Beer says these higher goals can revolve around concepts like quality and service. If they’re authentic—if leaders believe in them— they can help drive teams to success.
Video mogul Brandon Evertz turned a $500 loan into a $550 million business. At 23, he’s now the youngest CEO of a publicly listed company in Australia with Big Review TV, a social media video-review platform 1 Look into the Future
When he left school, Evertz had a vague notion of wanting to build an internet business. But as to what shape or form this would take he had no idea . Struggling to refine your own business idea? Evertz’s advice is to do a deep dive on your sector of interest, imagine where it’ll be in five years time then plan accordingly. That’s what he did with Big Review TV. “I had this vision that the future of the internet was video,” he says. “You’ve got to look into the future – timing is everything in business.”
2 Think Positive In Evertz’s bedroom is a vision board - a collage of personal inspiration – that he scrutinises every morning. It includes an image of Times Square (where Big Review TV secured a billboard), plus the words “over $1billion” (the sum Evertz wants his company to be eventually worth). Visualising yourself hitting life goals might sound hokey, but it can work. This technique is called the “best possible selves exercise,” explains Sonja Lyubomirsky, a professor of psychology at the Univeristy of California Riverside. “It inspires you to work harder at whatever you’re doing, which causes you to feel more optimistic.” 3 Watch & Learn
As you’d expect from an online video tycoon, Evertz spends a lot of time on Youtube. In particular, he devotes hours to watching videos of entrepreneurial rockstars like Mark Zuckerburg and Elon Musk. Partly he observes them to get an insight into what makes them tick. But studying these ultra-achievers in action has also become a form of motivational tool. “It’s important to surround yourself with success,” Evertz says. “Passion is contagious and so is negativity.”