Showing posts with label mindful marketing. Show all posts
Showing posts with label mindful marketing. Show all posts

Sunday, May 2, 2010

How Does A Mindful Marketer Deal With New Challenges?

You can also watch this tip as a video on YouTube

I have taken on some interesting challenges and have had some interesting epiphanies related to the demise of inspiration in projects. In this post and related video I want to speak to my thought processes as a mindful marketer. The purpose is to describe the role of mindfulness in business, especially when dealing with challenges and changes. The post is discussed with reference to launching my new TV show AWEtv and how to promote your videos effectively.

Before I get into the how, I want to briefly touch upon what “mindful” means. First, a few definitions:


According to Jon Kabat Zinn, Mindfulness means paying attention in a particular way; On purpose, in the present moment, and non-judgmentally.


Thich Nhat Hahn says, “To be mindful is to be truly alive, present and at one with those around you and with what you are doing.”


I like to describe mindfulness as a conscious awareness and non-judgmental acceptance of our thoughts, actions, and environment in the present moment. See Jan Frazier's Blog about insightful and profound writings on non judgmental observation.

A lot of research is being done on this construct in psychology. For purposes of this post I am looking at mindfulness as a multidimensional construct including observing, accepting without judgment, acting with awareness, and describing (Baer et al 2004). In addition, I add broader perspective.

I now discuss how each of these aspects of mindfulness played out in my new project of launching AWEtv.

I Observing:

This refers to the conscious awareness of what’s happening inside us and in our external environment. When starting a new project this is obviously a very good idea. Learning from our external environment is essential. Some of the resources I used to learn about promoting my new TV show on YouTube are:

1) Google: I always start any research with Google. I googled “viral marketing campaigns” and variances of this phrase.

2) Twitter/Hootsuite: I searched for conversations about viral campaigns on Twitter.

3) YouTube for dummies: This was not very useful as the information was really basic, like if you are just starting out.

4) Experts in my social networks: I spoke with my friends on Twitter and other social networks who have been producing videos or have engaged in viral marketing effectively. It was interesting to hear from the experts (e.g. Danny Brown) how long it took them to get where they are. It is certainly not an overnight thing.

5) YouTube Videos: I searched for videos on viral marketing and I also studied videos that have been viral successes. I tracked back their first comments (who was the first person to comment and how did they get to know about the videos) and found that it is generally people within their social networks or hired employees who start the initial conversation. I also looked for similarities in content and style across successful viral videos. I found that successful videos are generally short and clever or use sex in their content, tags, and titles. You can read the full post on what I found about viral videos here.

6) Online Forums: I realized that AWEtv is not going to be short, snappy videos and is more likely to be passed on by people interested in or passionate about the content and so need to search online forums that are related to topics like women entrepreneurs, local business, and conscious business.

Now for the more juicy part - what was going on inside of my head. While I was doing the external search, it was also interesting to observe my inner thoughts and reactions that ranged from excitement and enthusiasm to resentment and frustration. Many positive feelings because there is so much to learn and it is all so exciting. I love to learn new things (for some that may be challenging and that’s OK as you can see I had my own challenges).

For the not so positive feelings - I saw people using sex for very serious topics and even though I wasn’t shocked I knew that that is not something I would do and wondered if that leaves me at a disadvantage. Other successful videos were backed by a lot of money and power and I don’t have much of that, yet, and not in a tangible form at least. So, I can hear that little voice in me say, “That’s not fair.” But really, says who? Everyone is doing the best that they can, so on to my next point about non-judgmental acceptance.

II. Accepting without judgment:

This refers to a non-judgmental evaluation of the present situation. Observing the environment and what others are doing can bring up all kinds of emotions as I mentioned above. I started to judge things as good and bad, compare others with me, and all this can be draining or at least I started to feel caught up in my dramas, raising stress levels.

In addition to escalating stress, judging also narrows the lens through which one sees the world. What I mean is that because now I have strong opinions about why and how others have been successful, I start to only see that which confirms my beliefs – selective perception and seeing. I stopped learning.

But, I stopped learning only temporarily, because I am an awareness freak. And soon caught myself judging and getting caught up in the negativity. Something switched, and there was suddenly so much love and acceptance in my heart again. I felt so open again. Have you ever noticed that – when you are judging people negatively, how you start to shrink inside and feel closed and stressed? And when you feel love in your heart, you feel more expansive and open? And needless to say, one learns more in an open state.

III. Acting with awareness:

This refers to taking action with hundred percent attention and focus. It is the nature of the mind to oscillate between the past and the future. Very rarely are we right here, right now. Are you fully here as you read this, or are you also thinking of what you need to do next along with any number of other thoughts?

Anyhow, my last epiphany that no-thing is more important than what needs to be done in the present moment is still very much alive in me. So, for the most part I have been able to do what is needed with no resistance or struggle. It feels like I am moving so much slower than I anticipated, but I and breathe deeplydo what has to be done, joyfully. This mental state of operating where the person is fully immersed in the task at hand, has also been discussed as flow, a concept made popular by Csíkszentmihályi.

IV. Describing/clear communication:

This refers to the ability to articulate precisely what one is feeling or observing. This quality is very useful in so many ways – in my Blogging, workshops and presentations, in my interviews on AWEtv and so forth. Finding the right words to communicate is difficult when my mind has its own dialog going. I can feel the difference in my Blogs. When I write from the stillness within, words just flow. And when I am caught in some drama internally, writing and any kind of clear communication is such a struggle.

In fact, before I started my mindfulness practice, I disliked writing immensely. I always faced so much resistance when I had to write, which I had to as a PhD candidate. I justified that as an outcome of my Indian schooling, which did not involve lengthy writing of any kind. But ever since I have learned to find the stillness in myself, I can write, and write I do effortlessly :)

V. Broader Perspective:

I want to add one last aspect of mindfulness in business, which is a broader perspective. Conscious and non-judgmental awareness and actions make the lens through which we experience the world broader. I am not so quick to jump to conclusions any more, which leaves me open to learning new things and trying new challenges. I also feel the ability to integrate diverse pieces of information and come up with out of the box solutions.

What do you do to be more mindful in business? How has mindfulness helped you in your work?

Any comments, feedback, criticisms, please share…

Sunday, January 24, 2010

What is the “right” price for your services: Tips for Mindful Pricing


Post Summary

Pricing for intangible services, especially in healing and sacred contexts is challenging. Here is a summary of the points discussed in more detail below:

1)Your inner beliefs create your outer reality: If you are not satisfied with the outcomes in your life, inspect your beliefs about your own value to your customers, about money, and your life. The world is just a mirror of your subconscious mind. What do you see in this mirror? Self awareness is an ongoing practice and I like to mention it first as it lays the foundation for outcomes in all aspects of your life.

2)You should feel good about your price. If you undercharge, just to get customers, you will not feel motivated to give your best and if you did give your best, you will not feel good about it. Very often well-wishers, coaches, and consultant will tell you that your price is too low and you should increase it and you do. But if you do not believe from inside that this is the right price for you that is the message you will send out and people will not be attracted to your products at that price. Consider the following factors in coming up at the right price and then arrive at the price that you know is right.

a.The cost of products, including your time. See below to calculate cost of time.

b.Your pricing objectives, making sure that your current pricing strategy is in alignment with long term goals.

c.Your desired livelihood.

d.Target market and positioning.

e.Competition. If you are providing better value than your competition, should you share competitors’ prices with potential customers? See what research suggests below.

f.The most important factor in determining the right price is the value you provide to customers in terms of solutions to improve their lives. Clarity in how you are improving your customers’ lives will give you confidence in asking for the right price. Think of different needs of people that your products can meet such as saving time or enhancing convenience, comfort, security, self esteem, career, social connections, entertainment, and creativity.

g.People pay for products to improve self esteem but studies show that mindfulness brings greater well being and satisfaction than self esteem. However, the marketplace brands improving self esteem command high prices and mindfulness services are expected to be free or available at low costs. If you are a marketer of healing arts or mindfulness practices, what are your perceptions about the price and value of the services you provide?

h.Very often people are not willing to pay not because your services are not valuable but because they are not confident that will be able to use your services or have the skills to take advantage of your services. It is important then to guide your customers to assess their skills and connect then with their potential and how your services will facilitate them reaching their highest potential.

Full Post

When I taught marketing how easy it was to describe the different pricing strategies. As an exporter of high fashion garments from India, pricing was again not too difficult after considering the costs and competition. Now as a marketer of services, pricing has been an interesting challenge. I realize I am not alone in this. Many people in my workshops and consulting have expressed confusion about pricing. The problem is magnified when what is being marketed is intangible and more so if it is considered sacred or has a spiritual connotation. What price can you set for something that is perceived to be sacred and whose benefits are priceless? Consumers and marketers of healing arts are often conflicted about marketing and pricing around such services.

The purpose of this Blog post is to provide some perspectives on pricing so you can arrive at a price that feels right to you. While it is important to be aware of the different pricing strategies, in the end you have to feel right about the price you are charging or else you will not get the results or feel good about the results you do get. If you charge a price higher than you believe you should be charging, you will subconsciously and consciously send that message out and people will not buy your services. If you under charge, you may find enough customers but you will not feel motivated to give your best because you are not being appropriately remunerated and customers may feel your dissatisfaction. At the right price – when you feel that the value you are providing is being appropriately remunerated – you will feel confident and happy to offer your services and people in contact who have a need for your services will also see the value they are getting.

Before discussing the factors influencing your pricing strategy, lets consider your inner beliefs that are creating your outer reality. If you are not satisfied with the outcomes in your life, inspect your beliefs about your own value to your customers, about money, and your life. The world is just a mirror of your subconscious mind. What do you see in this mirror? Self awareness is an ongoing practice and I like to mention it first as it lays the foundation for outcomes in all aspects of your life.

Factors to consider when pricing
To arrive at the right price, there are several factors you need to consider.

1)The cost
It is quite obvious that the price you set should cover the actual costs you incur. Costs include fixed and variable expenses. With respect to tangible goods these costs can be determined easily. If you are in the services industry, expenses like rent and employees salaries can be measured but how do you determine what is the cost of your time? One way to approximate that is to take the annual salary you are capable of getting if employed and divide that by the number of hours you will be putting in annually into the service you are providing. For an example showing how to calculate this, read the article on determining cost.

2)Your objectives
It is important to consider what are your marketing goals. For example, if your goal is to make your service popular, you may be willing to charge a lower price in order to get more customers. This pricing strategy is commonly known as penetration pricing, which introduces a new product at a low price in order to build market share. The other strategy, called skimming introduces new products at a relatively high price in order to recover sunk costs in innovation before competition enters the market. Well, to charge a higher price you have to have some cool or unique factor to justify the high price.

At different stages in your business development you may have different goals and as such your pricing strategy may also evolve accordingly. But do pay attention to your long term goals to make sure that the pricing you set today is not incompatible with pricing you will need to set for your long term goals. For example, you may offer a service at a cheap price to enter the market but may find that consumers gets used to your low price and you may find it hard to justify an increase in the future. So, if you do decide to enter at a low price, make sure you have a clear strategy around that and make it clear to your customers what that is. For example, you may introduce your products at the low price calling it an “introductory offer.”

3)Your desired livelihood
Different people have different income expectations based on their desired lifestyle. Assess your income requirements based on your desired lifestyle and calculate how much you would like to charge keeping in mind the number of hours of service you can offer and the demand for your service. The calculations can be done like we did in the cost of your time example.

4)Target market and positioning

The price would also vary based on the market you are targeting and the positioning you are creating for your brand. For example, if you are targeting affluent customers, naturally, you can charge a higher price, which will include all the frills along with the core service that this market can afford. On the other hand you may decide to service the less affluent market to which you can offer just the core product at a lower price and/or work with high turnovers.
A related point is that of positioning. Positioning is the perception you want your customers to have about your brand vis a vis your competition. The key areas around which you can create a unique distinction from other brands are pricing, service, delivery channels, product attributes, and image. Any or all of these areas would impact your pricing.

5)Competition
Knowing what your competitors are offering and at what price is necessary so you can be clear about the value you can provide. When looking at competitors’ prices, make sure you gauge their service attributes, what’s unique about the solutions they provide, and their specific skills in order to understand the value they provide. Also, adjust for different areas as some cities may have higher cost of living and can ask for higher prices.

Awareness of how your services provide value to your customers will give you more confidence in marketing your services. If you do a good job of specifying how you uniquely provide value, customers looking at competing services will come to you because you are providing value like no one else.

Should you explicitly ask potential customers to check out competing prices that are higher than you?

A word of caution though, if you explicitly ask customers to look at other competition to show that you are better, studies show that this makes customers cautious of the marketers’ intentions and likely to result in risk-averse behaviors (Dholakia and Simonson 2005). Only share competitors’ prices with your customers if your customers fully trust you and your intentions. Generally, it is better for customers to compare competing services and arrive at their own conclusions. You can only support them in the process by providing information about you clearly.

6)Value to customers
This is one of the most important points in determining your price and convincing buyers to invest in your services. In exchange for the money your customers give, you are providing them a solution to make their life better. For you and your customer to be convinced that this is the right price, you have to be very clear in your mind and your communication what is the specific benefit to the customer and how is it going to improve your customer’s life. The more specific you can be about the benefits, the better.

Dan Zambonini’s article provides a good list of consumer needs that your services can meet.
• Time: Convenience, Efficiency, Immediacy
• Scarcity
• Comfort
• Esteem: Id, Desirability, Self-Image, Ego
• Belonging: Relationships, Sex, Affection
• Survival: Health, Safety, Wellbeing
• Financial Security: Wealth, Success, Career
• Entertainment: Emotion, Experiences
• Intellectual Stimulation: Creativity, Learning, Expression

This is a good list to think about ways in which your services can help your customers. Your service can help people save time and enhance convenience comfort, self esteem, social interactions, survival, financial security, entertainment, and intellectual stimulation. Two insights inspired by this list:

- Image and self esteem related products
: Products and brands command a price for enhancing our image and self esteem. In this regard I want to point out that research has shown that mindfulness is related with higher levels of well being and satisfaction than self esteem. Currently, consumers and marketers of mindfulness products feel that such products should come free or at low prices. If such products bring profound changes in consumers and businesses that can be sustained in the long run, they should command a higher price than products providing short term solutions. We need to change the perceptions in people’s minds about mindfulness and consciousness raising products. Before you set out to change your consumers’ perceptions, what are your beliefs about the work you do?

- Financial security and career: Products command a price for bringing financial security and professional advancements. The article points to research showing that higher the probability of and control we have over the desired outcome, the more we are willing to pay. This suggests that people will be more willing to pay for your services if you can show them how your services increase their probability of reaching their goals.

Very often people are not willing to pay not because your services are not valuable but because they are not confident that will be able to use your services or have the skills to take advantage of your services. It is important then to guide your customers to assess their skills and connect then with their potential and how your services will facilitate them reaching their highest potential.
Setting your own price model – loyalty and quality don’t drive higher prices. Setting a reference price and providing value help more.

I would love to hear what has guided you in determining your "right price."

References

Dholakia, Utpal M. and Itamar Simonson (2005), “The Effect of Explicit Reference Points on Consumer Choice and Online Bidding Behavior,” Marketing Science, Spring, 24: 206 - 217.

Kalyanaram, Gurumurthy and Russell S. Winer (1995), “Empirical generalizations from reference price research,’ Marketing Science, 14(3), G151–G160.

Ryan, R. M., & Brown, K. W. (2003), “Why we don't need self-esteem: On fundamental needs, contingent love, and mindfulness,” Psychological Inquiry, 14, 71-76.

Thursday, July 9, 2009

Are You An Authentic Entrepreneur?

"The high prize of life, the crowning fortune of man, is to be born with a bias to some pursuit which finds him in employment and happiness"
- Ralph Waldo Emerson

"Finding and living in alignment with the inner purpose is the foundation for fulfilling your outer purpose. It is the basis for true success. Without that alignment, you can still achieve certain things through effort, struggle, determination and sheer hard work or cunning. But there is no joy in such an endeavor, and it invariably ends in some form of suffering".
- Eckhart Tolle, A New Earth

"Think of your life as a house, with a bedroom for your personal life, a study for your professional life, a family room for your family, and a living room to share with your friends. Can you knock down the walls between these rooms and be the same person in each of them?"
- Bill George, Peter Sims, Andrew N. McLean, and Diana Mayer, Harvard Business Review

Living in alignment with your purpose is something that has been discussed by philosophers in the past and spiritual teachers today. Interestingly, this ideal is finding its way in business as well. Many successful entrepreneurs like Bill George (former CEO of Medtronics), Tami Simon (Founder of Sounds True), and John Mackie (CEO of Whole Foods) are beginning to describe an emerging business paradigm that is known by different names including authentic leadership, integral business, conscious capitalism, and mindful marketing.

What these emerging business models have in common is the idea of running a business that is inspired by a higher purpose that goes beyond making profits. While profits are necessary for business, they are not the raison d’être, just like food is necessary for humans to survive but is not the reason for living or at least that would be the hope. These alternative paradigms are becoming more relevant in the face of changing consumer sensibilities, new technologies, and failures of traditional business models based on the narrow vision of maximizing shareholder value.

So, what is purpose driven or authentic leadership? Heppner and Kernis (2007) provide a comprehensive definition of "authentic functioning as involving four distinct, yet interrelated components: awareness and knowledge of one’s self-aspects, unbiased processing of evaluative information, behavior that is aligned with one’s true self, and a relational orientation with close others that fosters openness and connectivity." Many of these components reflect ongoing activities rather than characteristic traits that can be acquired once and for all. For example, awareness of self is a continuous process of reflection and contemplation on the self; to be aligned with true self assumes that true self is knowable in one go and permanent, but in fact we know that just like everything else, self is ever changing and so is our knowledge of the self. As such, it is more constructive to think of authentic functioning as a process rather than a stable trait.

Authentic or purpose driven entrepreneurship includes other processes that are unique to the business context. In addition to the processes described under general authentic functioning, authentic entrepreneurs are driven by a higher purpose that contributes positively to the world. In addition, they are courageous, committed, and creative; open; and enjoy the many challenges of being authentic entrepreneurs. Each of these aspects of authentic entrepreneurs is described next:

1) Inspired
Authentic entrepreneurs are inspired by a purpose beyond profits. Inspiration is different from motivation. While motivation is driven by external factors like financial and social benefits, inspiration arises from individuals’ unique life experiences and passions. In a recent Harvard Business Review article Bill George and his colleagues describe the inspiration authentic leaders derive from their life stories and the transformative role of challenges in their lives. Inspired people are energized and empowered to do things that normally people are not able to accomplish. Dr. Larry Brilliant, epidemiologist, successful entrepreneur, technologist, author, philanthropist, and former executive director of Google.org, is a perfect example of an inspired leader. Because only an inspired person can spend six years traversing India, enduring floods and drought, sickness and fatigue to help the WHO eradicate small pox from this world.

What is your inspired purpose?
(Here is a post to help you reflect on your inner purpose if you need additional help)

2) Positive Contribution
An authentic entrepreneur is inspired by a higher purpose that makes a positive contribution to the world. John Mackie describes conscious businesses as benefiting all stakeholders rather than only shareholders. This does not mean that businesses in certain sectors like fashion or entertainment cannot make a positive contribution. For example, Bonnie Siefers, an eco-designer and owner of Sami Designs Inc. is inspired by her love for fashion and the environment. She designs and sources clothes that are environmentally friendly, cutting-edge, and providing fair wages to workers.

What is your positive contribution?

3) Integrated
The values and purpose guiding authentic entrepreneurs are not merely strategies to win a loyal customer following but are their natural way of being. Such people live their talk not only at work but also in their personal lives. It is easy for customers to assess when the values of authentic leaders are integrated fully into the company and when they are being used as a strategy. For example, when Starbucks says it is selling fair trade coffee, it refers to a small percentage of its entire coffee purchase (3.7% according to Organic Consumers Association) that is offered only once a week to its customers, where as when a company like Deans Beans says it is selling fair trade it means 100% of it’s purchase is fair trade because it is not a strategy but a well integrated value. Like Bill George et al, I believe life can be much simpler if we can be the same person in all aspects of our lives. Gandhi’s quote on happiness is relevant here: "Happiness is when what you think, what you say, and what you do are in harmony."

How integrated are you across different aspects of your life?

4) Self awareness
"When the 75 members of Stanford Graduate School of Business’s Advisory Council were asked to recommend the most important capability for leaders to develop, their answer was nearly unanimous: self-awareness" (Bill George et al). While colleges and schools provide ample training in various skills and disciplines, they do not provide any training in self-awareness. However, many leading business people, like John Mackie (CEO of Whole Foods), Yvon Chouinard (founder of Patagonia), Bill George (Former CEO of Medtronics), and Michael Rennie (McKinsey Managing Partner) are beginning to openly discuss the merits of practices like meditation and mindfulness. In addition, there is a lot of scientific research to provide evidence to support these practices. As an authentic entrepreneur managing your business mindfully and innovatively requires some time out of your daily routine to spend in silence to connect with your self and find your truth.

What do you do to get in touch with your self?

5) Courage, commitment, and creativity
Having a higher purpose is inspiring but can be challenging because there are many willing to take shortcuts that an authentic entrepreneur will not consider. Being an authentic entrepreneur is certainly not for the weak at heart. Neil Crofts (2005) has a very interesting quote in his book, Authentic Business, by Arthur Schopenhauer, "All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." If you are an authentic entrepreneur, be prepared to be challenged. You will need not only courage and commitment but also a huge dose of creativity to compete with others while balancing your purpose with profitability. Jeff Bezos, the founder of Amazon, provides a good example of an entrepreneur who followed his passion relentlessly for ten years without making a profit. Tim O'Reilly nicely captures this in a quote by Jeff Bezos, "There are a few prerequisites to inventing.... You have to be willing to fail. You have to be willing to think long term. You have to be willing to be misunderstood for long periods of time."

Are you courageous, committed, and creative?

6) Open and receptive
I love the quote by Gloria Steinem, "The truth will set you free. But first, it will piss you off." Authentic leaders are open to feedback - both positive and negative. They are humble enough to acknowledge mistakes and smart enough to recognize that there is much to be learned from them. The other dimension of being open is that they can deal with multiple perspectives and generally have wide-ranging experiences and expertise. This renders to their natural curiosity to learn and innovate.

How open are you to feedback and multiple perspectives?

7) Support teams and networks
Authentic leaders do not work alone but build effective networks by empowering people. Bill George et al describe support teams as necessary to authentic leadership. These should be mutually beneficial collaborations and include personal and professional relationships. Examples of such networks include family members, business groups sharing common purpose, and online network communities. They take years to build and the key to success is creating a platform for people to speak their minds honestly without fear of being judged.

Are you building strong support networks?

8) Enjoy
Last but not least, authentic entrepreneurs enjoy the journey as much as the destination. In fact, another way to know that you are following your inner purpose is by asking the question -

Do you really enjoy what you do?

References
Crofts, Neil (2005), "Authentic Business: How to Create and Run Your Perfect Business," Capstone

George, Bill, Peter Sims, Andrew N. McLean, and Diana Mayer (2007), "Discovering Your Authentic Leadership," Harvard Business Review.

Heppner, Whitney L and Michael H. Kernis (2007), "Quiet Ego" Functioning: The Complementary Roles of Mindfulness, Authenticity, and Secure High Self-Esteem
Psychological Inquiry: An International Journal for the Advancement of Psychological Theory, 1532-7965, Volume 18, Issue 4, 2007, Pages 248 - 251

Monday, June 29, 2009

What does mindfulness have to do with business?

In a society where doing is the mantra, stillness of the mind is a concept that still means to many anything from waste of time to a new age ideology. However, there is a growing body of research in business and scientific disciplines that is revealing the benefits of stilling the mind through practices like mindfulness. The rapid changes in the business environment and consumer culture are pushing companies towards new ways of marketing that are authentic and meaningful. I believe that mindfulness, which as a trait and practice has already shown to have many benefits in psychological domains, can also be useful in a business setting. In this posting, I discuss how mindfulness can help you in your business.

As a multidimensional construct, mindfulness includes observing, describing, acting with awareness, and accepting without judgment (Baer et al 2004). Let us see how each of these qualities can be useful in a business context.

Observing: This refers to being aware of what’s happening inside us and in our external environment. In the absence of stillness, our minds are racing. It is like looking out of a car window – do you notice the scenery better out of a still car or out of car driving at high speed? When the mind is still, you can be more cognizant of what is happening inside of you and make a note of the changes in your environment. As a businessperson, you have many responsibilities to get stuff done. But it is equally important to stop and look – really look at your customers, look at your competition, look at the changes in technology, your environment. In the second step of mindful marketing, I talked about learning from your environment. But to really learn from the environment, you have to first stop, and observe.

Acting with awareness: This refers to taking action with hundred percent attention and focus. It is the nature of the mind to be in the past or the future. Very rarely are we right here, right now. Are you fully here as you read this, or are you also thinking of what you need to do next along with any number of other thoughts? If our mind is oscillating between the past and the future, what we are doing right now does not have our full attention. This has many ramifications on our work and well-being. Most people go about their days and lives doing jobs with their minds busy doing its own thing. This reflects in the quality of job done but is also a cause of disillusionment, detachment, and stress related with our work. If we could do what ever it is we are doing right now with hundred percent attention and love, our work becomes worship, a joy. This mental state of operating where the person is fully immersed in the task at hand, has also been discussed as flow, a concept made popular by Csíkszentmihályi.

Accepting without judgment: This refers to a non-judgmental evaluation of the present situation. This is a very important aspect of mindfulness that allows us to be open to what is. The nature of the mind is to judge. Even before we have fully experienced the situation we are judging because our past experiences have shaped our perceptions of how we view the world. This means we are not seeing what is as is, but based on our perception of what is. Many of our struggles stem from our judgment of a situation as negative, which causes resistance in our mind. As business people, we resist competition, we resist changes in customers’ preferences, we resist resistance in our employees, we resist new technologies, and we resist anything perceived as a threat to our comfort zone. For a minute can you drop this resistance and just accept what is – move the energy from the mind to the heart. How do you feel? From this place of acceptance and openness, approaching any situation, however challenging it may be, becomes an interesting and enjoyable activity.

Describing: This refers to the ability to articulate precisely what one is feeling or observing. This is an important trait for managers or leaders in dealing with diverse groups of people and difficult situations. Finding the right words to communicate in a challenging situation can be difficult, especially if the mind has its own dialog going on. A still mind is in touch with what is happening and can find the right words to communicate effectively in any situation.

How mindfulness has helped me in my work
Does it not seem most natural for business leaders to possess the above qualities of keen observation, acting with awareness, non-judgmental acceptance, and ability for accurate description? And the good news is that these qualities can be nurtured through mindfulness practices like meditation, breath work, tai-chi, and yoga. There is a lot of research on the benefits of mindfulness (and you can find some of it on my website). In this posting I am interested in sharing my personal experience and listen to your experience with mindfulness as a practice and its benefits to your work.

I have been practicing the Sudarshan Kriya, a special yogic breathing technique (Pranayama) developed by Sri Sri Ravi Shankar, a world-renowned humanitarian and spiritual teacher. This 25 minutes of rhythmic breathing stills the mind and allows me to go deeper into my meditation practice. Over a period of time I have found that my mind has slowed down so I don’t react to situations immediately based on old patterns but can pause, assess the situation, and choose my response to the situation. The space created through breathing allows new ideas to emerge. It has certainly increased my creativity and response-ability.

I will share some specific examples of how this way of being has influenced my work.
Open to challenges with equanimity: Starting a new business in a slow economy is challenging. I hear people tell me this all the time. But I have never looked at it this way. I am doing what I love and to achieve my goals I am open to learning from my environment. When I started out as a consultant to bring mindfulness in business, I thought I am doing something very unique but I soon discovered there are many people doing this very successfully and for much longer than I have been. Why should people consider me when there are many experts to choose from? This question can be intimidating but I chose to stay open to what the situation has to teach me, and indeed it did. It helped me to develop a more focused vision of what I want to do and what are the unique attributes I bring to my work. In addition, staying open has taught me so many different ways to move forward and build energy around my work. Approaching people, emails, Google, Blogging, and in so many other ways, I am continuing to learn and move forward, one step at a time. Staying open also presents possibilities of collaboration with others with a similar purpose.

Staying present to what is: As a consultant facilitating corporate workshops, I have to be present to really listen to what participants are saying and find solutions or be able to guide them how to find solutions. This requires 100% attention and non-judgment of my own abilities. It is easy for the mind to start racing in a challenging situation and trigger counter-productive thoughts such as, ‘I have no clue what is going on.” But returning to the breath brings me back to the present moment and stay with what is happening without any judgment. I stay open and I trust, and I have always found there is a solution, a very logical action that is the next step. Sometimes the answers don’t come right away and I am comfortable saying I don’t know the answer and need more time. Very often this is the case when I don’t have enough information, so I go back and dig out more information and in that the answer appears.

Creativity happens: some of my most insightful ideas come to me during my meditation, even though I am not looking for them in my meditation. But they just pop up – creativity happens – it is not my doing. I have found that when I cease to struggle with a problem, when I stop resisting the problem, it is very simple, the solution is right there. Very often in the face of a problem our old patterns kick in, but again, breathe and come back to what is happening now, and it is very obvious what the next step should be.

Clarity and end of resistance: Writing is an important part of my work as a researcher and consultant. When I joined the PhD program I came in with the assumption that I cannot write and writing was a struggle. Each sentence was constructed with so much effort, which is the opposite of how I feel today. Now, I love writing, and it just flows (most of the time). Over time I have discovered two things. One, writing is hard in the absence of clarity. If you are not clear in your head, what you write will reflect that confusion. Regular breathing and mindfulness through the day helps me stay clear and focused and writing from that clear place is easy. Second, I found that much of struggle was a result of my resistance to writing. Once I dropped the resistance and simply wrote, I found that I could write. As simple as that, stop fighting and just do what needs to be done. Moving from the mental fight to the accepting heart has made all aspects of my job a joy.

Align with true purpose: It is said that if you work in alignment with your true purpose, you will be supported. This statement may be hard to prove scientifically but I have found in my life over and over again, that when I work in alignment with my purpose I move forward much faster – new ideas will emerge, or people will show up, or situations will open up such that I can move in the direction of my goals faster.

These are just some of the ways mindfulness is helping me in my business.

What do you do to be more mindful? How has that helped you in your business?