Business & Economy

Michael Margolis on How to Be a Leader by Taking Care of Others

In Chapter 9 of 17 in his 2012 Capture Your Flag interview, educator and entrepreneur Michael Margolis answers "What Does It Mean to Be a Leader in What You Do?"  Margolis references the book "The Book of Destiny" and builds upon Mayan leadership lessons to discuss leading in the gift economy. 

Michael Margolis is founder and president of Get Storied, an education and publishing platform dedicated to teaching the world how to think in narrative.  He earned a B.A. in Cultural Anthropology from Tufts University. 

Transcript: 

Erik Michielsen: What does it mean to be a leader in what you do?

Michael Margolis: I read this book that’s actually about the Mayan prophecies, and it was written by a Mayan elder and there was something really remarkable in there that talked about leadership and had a definition of what makes a leader. We often forget to ask that question like, “What makes a leader? What makes you a leader?” We often think about it in the political context or we think about it in the corporate board room and it’s about power and it’s about who’s in charge and all of these things that are often times more about ego and self-appointedness and a whole bunch of other things but this book defined leadership in such a brilliant beautiful way. It’s called the Book of Destiny, by the way. Really cool book. And it said real simply, “You become a leader by taking care of those around you“. It’s that simple? Wait a second, well, if you take care of those around you really well, what happens? Those people naturally turn to you and look at you as somebody who is looking out for their welfare, looking out for the needs of the community, of the tribe, of the village. 

So, how do we become a leader, well it’s this notion of taking care of others, right? Which is why you have to bring that spirit. This is the power of the internet, of the gift economy. The gift economy is something that is actually hard wired into us as human beings. This is my background as a student of anthropology. We think about gift economy, it goes back to the times when we were out hunter-gatherers out on the savannah and you might have a good day, you might have bad day hunting. Well, so if you came back to the village and you had nothing to share but your friend Joe just brought in the wooly mammoth, well gift-economy means you’re gonna share what you got or what Joe got rather.  He’s gonna share with others because Joe knows he’s gonna have a bad day some point down the line. As that evolved over time, the notion of being a leader was the privilege for instance if the village would come together for a big feast. There was no greater privilege and honor than to be the benefactor to feed the village. It was a signal of your power and position but it was also a responsibility. It was a privilege and responsibility. 

So, that notion of gift-economy actually is what fuels the internet, right. It’s why people talk about free. The power of free on the internet. So, the notion of having a gift to be able to start a relationship from that place. It’s like going to a dinner party without a host gift. Dude, don’t be that guy, right. If you’re gonna go over to somebody’s house, you bring something whether it’s a bottle of wine, a fruit basket, some chocolate in my case but you bring something. It sets a tone. It acknowledges, hey we’re entering into a relationship. So, that’s a really powerful way. Simplest way to become a leader: is 1. Take care of others and 2. Think about what are the gifts that you have to share, not just in abstract terms but literally create a gift. Create an e-book. Create an info product. Give something away for free that is of high perceived value. Not some nickel and dime little thing but something that people go, “Holy crap. This thing just changed my life and you just gave that away for free?” If you are able to give that away for free I can’t even begin to imagine how much more you’ve got behind the curtain. What else do you have? Sign me up. What can I buy? I wanna go deeper. So, that’s I think the power of being a leader. Becoming a leader is having some gifts and not being afraid to share them.

How Schedule Discipline Improves Daily Productivity - Michael Margolis

In Chapter 10 of 17 in his 2012 Capture Your Flag interview, educator and entrepreneur Michael Margolis answers "How Are You Learning to Be More Disciplined in Your Work?"  Margolis shares his ambitious vision and steps he has taken, decisions he has made, to get clear on purpose and specific steps necessary to achieve goals.  Michael Margolis is founder and president of Get Storied, an education and publishing platform dedicated to teaching the world how to think in narrative.  He earned a B.A. in Cultural Anthropology from Tufts University. 

How to Cultivate and Mature Your Creative Process - Michael Margolis

In Chapter 11 of 17 in his 2012 Capture Your Flag interview, educator and entrepreneur Michael Margolis answers "How is Your Creative Toolbox Changing?"  Margolis shares how he is shifting his creative inspiration from outside-in to inside-out.  He details how the stimulation is shifting from external to internal, specifically working with the experience, knowledge and tools gained to create and produce.  Michael Margolis is founder and president of Get Storied, an education and publishing platform dedicated to teaching the world how to think in narrative.  He earned a B.A. in Cultural Anthropology from Tufts University. 

How Online Business Refines Social Media Marketing - Michael Margolis

In Chapter 12 of 17 in his 2012 Capture Your Flag interview, educator and entrepreneur Michael Margolis answers "How Are You Learning to Use Social Media More Effectively in Your Business Pursuits?"  Margolis shares how social media marketing is fundamental in growing his online info product business.  He notes why his team has been changing its social media approach, in particular with data analytics and conversation marketing, as the company grows.  Michael Margolis is founder and president of Get Storied, an education and publishing platform dedicated to teaching the world how to think in narrative.  He earned a B.A. in Cultural Anthropology from Tufts University. 

The Rewards of Project Collaboration - Michael Margolis

In Chapter 13 of 17 in his 2012 Capture Your Flag interview, educator and entrepreneur Michael Margolis answers "What Do You Find Most Rewarding About Collaborating With Others on Projects?"  He notes how and when magic happens when collaborating with others, citing David Logan's book, "The Power of Triads" as an example.  Margolis details how chemistry, role, and story each contribute to making a collaborative team effort more powerful.  Michael Margolis is founder and president of Get Storied, an education and publishing platform dedicated to teaching the world how to think in narrative.  He earned a B.A. in Cultural Anthropology from Tufts University. 

How to Set Measures of Success in Life and Work - Michael Margolis

In Chapter 14 of 17 in his 2012 Capture Your Flag interview, educator and entrepreneur Michael Margolis answers "How Do You Define and Measure Success in What You Do?"  Margolis separates success measures by business and life.  He talks about progressively increasing leverage and scale to create more revenue via passive online income streams, including core curriculum to teach storytelling to the world.  Personally, he sets success measures around achieving liberation or freedom from constraints and attention to wellbeing.  Michael Margolis is founder and president of Get Storied, an education and publishing platform dedicated to teaching the world how to think in narrative.  He earned a B.A. in Cultural Anthropology from Tufts University. 

Why the Bio is the New Resume - Michael Margolis

In Chapter 15 of 17 in his 2012 Capture Your Flag interview, educator and entrepreneur Michael Margolis answers "Why Do You Believe the Bio is the New Resume?"  Margolis goes into depth about the fundamental principles that make your bio or story - a narrative construction of self - more important to job matchmaking than a resume.  Michael Margolis is founder and president of Get Storied, an education and publishing platform dedicated to teaching the world how to think in narrative.  He earned a B.A. in Cultural Anthropology from Tufts University. 

What Gets Easier and What Gets Harder - Mike Germano

In Chapter 1 of 19 in his 2012 Capture Your Flag interview, social media ad agency CEO Mike Germano answers "What is Getting Easier and What is Getting Harder in Your Life?"  Germano shares why it is getting easier to deal with the hard things.  He finds it progressively challenging managing past and present relationships as your career and company grow, in particular those early relationships that helped get the business off the ground. 

Mike Germano is co-founder and CEO of DUMBO, Brooklyn based social media advertising agency Carrot Creative.  Previously, Germano ran for and was elected to public office in Connecticut.  He is a graduate of Quinnipiac University. 

Transcription: 

Erik Michielsen: What’s getting easier and what’s getting harder in your life?

Mike Germano: What's getting easier and what's getting harder after 7 years in business, I would say that it's getting much easier to deal with the hard things. And knowing that they’re always gonna constantly come up and no matter how much you plan, insanity is always gonna happen, and you can take a deep breath, and you're gonna get through this, and there's gonna be 8 more in the future, so... I always think that that's at least reassuring and something I try share with every fellow entrepreneur. What's getting harder is now making sure I manage relationships correctly and these are -- you know, I'm a very -- I get very connected with people in terms of, one, to see them succeed or having conversations with them and people who’ve helped you succeed, it's now getting harder managing those relationships, and as you grow, and as you -- you know, your company grows, or as your career grows, making sure you're making enough time for the people who helped you get there, but also not spending too much time working on things that might not be beneficial to you and your business, and so it's getting harder managing your time with all the past relationships you've built up.

Erik Michielsen: Yeah, what's an example of that?

Mike Germano: An example of that is, you know, one of the first people that you build -- you know, we did our first project for 7 years ago, you know, you -- we learned a lot and they were there, and, you know, our company has grown in 7 years, and now you're getting phone calls from that person, saying, "Hey, you know, I believed in you, and I now want you to build this huge project. We have no money, you know, and I want you to do all this stuff." And you gotta sit back, and you gotta -- you know, you tip your hat 'cause you pay respect 'cause the person, you know, believes in you, first, or when no one else but yet, you don't want to -- you know, you're on a path where your company is going and it -- if it doesn't fit with it, you know, if it was any other client, you would've never even picked up the phone, or said, "Thank you but, no thank you." But, you know, making sure you manage that to be respectful for people who've gotten you there, but also know how that might impact where you're currently going.

How to Enjoy Work by Constantly Seeking Challenge - Mike Germano

In Chapter 3 of 19 in his 2012 Capture Your Flag interview, social media ad agency CEO Mike Germano answers "What Do You Enjoy Most About What You Do?"  Germano finds joy in both the independence and the new challenges running a company provide.  Mike Germano is co-founder and CEO of DUMBO, Brooklyn based social media advertising agency Carrot Creative.  Previously, Germano ran for and was elected to public office in Connecticut.  He is a graduate of Quinnipiac University. 

How Entrepreneur Learns Work and Home Life Balance - Mike Germano

In Chapter 5 of 19 in his 2012 Capture Your Flag interview, social media ad agency CEO Mike Germano answers "What Have You Learned About Managing Expectations at Home While Building a Business?"  Germano acknowledges the great challenge pulling himself away from long work hours and better setting and adhering to expectations with his partner.  Mike Germano is co-founder and CEO of DUMBO, Brooklyn based social media advertising agency Carrot Creative.  Previously, Germano ran for and was elected to public office in Connecticut.  He is a graduate of Quinnipiac University. 

How Family Relationships Change With Age - Mike Germano

In Chapter 7 of 19 in his 2012 Capture Your Flag interview, social media ad agency CEO Mike Germano answers "How Are Your Family Relationships Changing as You Get Older?"  After many years where his family did not understand his entrepreneurial journey founding his company, the family learns to respect Germano and his co-founders for following their social media passion.  Mike Germano is co-founder and CEO of DUMBO, Brooklyn based social media advertising agency Carrot Creative.  Previously, Germano ran for and was elected to public office in Connecticut.  He is a graduate of Quinnipiac University. 

What It Means to Be a Leader - Mike Germano

In Chapter 8 of 19 in his 2012 Capture Your Flag interview, social media ad agency CEO Mike Germano answers "What Does It Mean to Be a Leader in What You Do?"  Germano differentiates between industry leadership and company or community leadership.  He focuses less on self-promotion and more on bringing people together to accomplish goals and produce team-based work.  Mike Germano is co-founder and CEO of DUMBO, Brooklyn based social media advertising agency Carrot Creative.  Previously, Germano ran for and was elected to public office in Connecticut.  He is a graduate of Quinnipiac University. 

Why NYC is a Young Digital Talent Destination - Mike Germano

In Chapter 9 of 19 in his 2012 Capture Your Flag interview, social media ad agency CEO Mike Germano answers "How is the New York City Digital Community Changing?"  He notes how progressively more ambitious college graduates are entering digital and tech and how New York City adapted to attract ambitious young talent pool that wants to create digital products and services and is open to not relocating to Silicon Valley.  Mike Germano is co-founder and CEO of DUMBO, Brooklyn based social media advertising agency Carrot Creative.  Previously, Germano ran for and was elected to public office in Connecticut.  He is a graduate of Quinnipiac University. 

How Leadership and Management Roles Differ - Mike Germano

In Chapter 10 of 19 in his 2012 Capture Your Flag interview, social media ad agency CEO Mike Germano answers "How Do Leadership and Management Differ in What You Do?"  Germano acknowledges his weaknesses as a manager and what he has done to compensate in a team setting.  He shares what behaviors and experiences have shaped him as a leader and how he has recruited and empowered managers working in digital media.  Mike Germano is co-founder and CEO of DUMBO, Brooklyn based social media advertising agency Carrot Creative.  Previously, Germano ran for and was elected to public office in Connecticut.  He is a graduate of Quinnipiac University. 

Why to Sell Clients on Your Company Culture - Mike Germano

In Chapter 11 of 19 in his 2012 Capture Your Flag interview, social media ad agency CEO Mike Germano answers "How Are You Becoming Better at Selling Your Vision?"  As Germano sees his company grow, he shifts his focus from fighting to establish its brand reputation to selling the story of his company culture.  Mike Germano is co-founder and CEO of DUMBO, Brooklyn based social media advertising agency Carrot Creative.  Previously, Germano ran for and was elected to public office in Connecticut.  He is a graduate of Quinnipiac University.

How to Foster Employee Career Development - Mike Germano

In Chapter 12 of 19 in his 2012 Capture Your Flag interview, social media ad agency CEO Mike Germano answers "How are You Creating New Opportunities for Your Employees to Grow Their Careers?"  Germano and his team continually seek to improve ways to strengthen employee career path opportunities including international office expansion and new product development.  Mike Germano is co-founder and CEO of DUMBO, Brooklyn based social media advertising agency Carrot Creative.  Previously, Germano ran for and was elected to public office in Connecticut.  He is a graduate of Quinnipiac University. 

How to Create an Inclusive Company Culture - Mike Germano

In Chapter 13 of 19 in his 2012 Capture Your Flag interview, social media ad agency CEO Mike Germano answers "What Steps Have You Taken to Create an Inclusive Company Culture?"  Germano finds culture building the most important thing happening at his company.  Culture building comes with respecting each other and listening to one another.  He finds these often get lost as organizational charts become more tiered and employee levels get clustered.  Mike Germano is co-founder and CEO of DUMBO, Brooklyn based social media advertising agency Carrot Creative.  Previously, Germano ran for and was elected to public office in Connecticut.  He is a graduate of Quinnipiac University.

Why to Seek Advice From Entry Level Hires - Mike Germano

In Chapter 14 of 19 in his 2012 Capture Your Flag interview, social media ad agency CEO Mike Germano answers "At This Moment in Your Life, Where are You Seeking Advice and Coaching?"  Germano notes the valuable advice he gets from speaking with entry-level hires, typically recent college graduates, who have worked less than a year at the company.  This helps him stay connected and focus on the little things shaping company culture, mission, and values.  Mike Germano is co-founder and CEO of DUMBO, Brooklyn based social media advertising agency Carrot Creative.  Previously, Germano ran for and was elected to public office in Connecticut.  He is a graduate of Quinnipiac University.