TMBA 127 (LBP113) – 7 Habits Of Highly Effective Lifestyle Business Owners

TMBA 127 (LBP113) – 7 Habits Of Highly Effective Lifestyle Business Owners post image

We know that Dan and Ian are consumate consumers of information and business theory. So it was a bit of a somber moment earlier this week when we learned that Dr. Stephen Covey, the author of 7 Habits Of Highly Effective People, had passed away. Covey’s book “has been a top-seller for the simple reason that it ignores trends and pop psychology for proven principles of fairness, integrity, honesty, and human dignity” per the description on his website.

Couldn’t agree more.

This week, as a tribute to one of the first business theory books the guys got their hot little hands on, they are putting a bit of a spin on Covey’s original 7 Habits. Since Dan & Ian have developed (or haphazardly (accidentally sometimes) created) their own vocabulary around the sites, they decided to see how some of the most popular and important principles of the LBP mindset align.

Can You Match Covey’s 7 Habits To Their LBP Equivalent?

Stephen Covey’s 7 Habits Of Highly Effective People

      1. Be Proactive
      2. Being With The End In Mind
      3. Put First Things First
      4. Think Win-Win
      5. Seek First To Understand
      6. Synergize
      7. Sharpen The Saw
Dan & Ian’s 7 Habits Of Highly Effective Lifestyle Business Owners
      1. Have A Great Premise
      2. Longball
      3. Build A Team
      4. Gassin’ It
      5. Only You Know What’s Best – Everyone Else Just Defines What’s Good
      6. Party All Night
      7. Don’t Be An Amateur
Listener Questions
  • Was wondering if you could share some tips/suggestions on how to properly communicate/work with Fillipino outsourcers? I talked with a gentleman and he told me point blank: “The difference between communicating with a US worker vs a Fillipino is hugely different.” I suppose I should’ve learned more about their culture better?Ry
  • I’m a designer, hooking up with a web developer to create websites. My developer wants a huge fee for the solid work he’s capable of doing, and I’m not sure whether I’ll be able to mark that up to cover my portion of the work – Stef


Just The Tips

  • TinEye – Ian’s stealthy online image spyware
  • Miike Snow – Black & Blue

Have fun. Leave a comment. Send us a voicemail message! Go make it happen! :)

Photo Credit – Tommy Schultz Photography

Episode length: 20:28


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Published on 07.26.12
  • Ian

    Thanks for another Great Podcast guys. I was thinking all day about how I need an employee to get all the things I want done. Now I’ve got no excuse….

  • Joseph Hughes

    Great podcast, guys. I especially love #5.

    7 Habits is a great book. If anyone wants a quick intro or refresher on it, Brian Johnson’s Philosopher’s Notes are great:

  • This week in unnecessary censorship. The volume is a bit high for the bleep.

  • Ian


  • Dan

    it shall be addressed!

  • Dan

    ah great link!!

  • Dan

    cheers thanks Ian!

  • Darlene Hildebrandt

    Uh guys interesting interpretation but your “sharpen the saw” is way off base! You said it’s a favorite book of yours, but did you actually read it? He talks about two guys trying to saw down a tree. One guy is sawing like crazy, getting no where but tired. He stops and rests but then goes again like a mad man. The other guy stops to sharpen his saw to which the first guy says “there’s no time for that, we gotta get this tree down asap”. So the guy finishes sharpening his saw, and cuts down the tree in 1/2 the time of the guy with the dull one.

    The lesson is – use the right tools, and learn skills to work efficiently not just be “busy” with work.

  • Dan

    Thanks Darlene! Yeah, we glossed that one due to time constraints. Actually a great point, would have been worth talking about for real.

  • Sorry about that – I have subsequently punished myself for such horrible editing. ;)

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