Saturday Morning RoundsA weekly round-up of career & negotiation content for women physicians
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BossB, MD
Recent Posts
Saturday Morning Rounds January 2nd, 2021 - Why you're probably breathing wrong, and how fixing it will help you in negotiations
Saturday Morning Rounds December 19th, 2020 - Why you probably over-apologize, and what to do about it
Saturday Morning RoundsA weekly round-up of career & negotiation content for women physicians What got our attention Just this past week we've had a couple different clients struggle with what we like to call "apologizing their way into an ask." We were doing some negotiation role-plays to practice for their actual upcoming negotiations, and they had a lot of trouble with saying "I'm sorry" - or something like it - before every back-and-forth exchange. This is a super-common issue for our clients, and we wrote about it around this time last year after one of the democratic debates. While a lot has changed since then in the world, not much has changed about our stance on the topic - so if you find that this is something you struggle with, keep reading: A couple of weeks back we were watching the December democratic debates when an interesting question was posed. The candidates were asked, "in the spirit of the season," to either give a gift or apologize for something, to their fellow candidates. What happened next led to one of those unsurprised-but-still-disappointed looooong sigh moments. Every single one of the men offered a gift - in most cases their book. Both of the women on stage offered an apology for "getting worked up" or "being blunt," respectively. Turns out, apologizing is an incredibly complex, still unsolved conundrum in the worlds of both psychology and economics. So we did a deep dive on some of the best resources to summarize what we know so far about the topic:
But none of them do justice to the single most important thing we can do when it comes to our apologies, which is to STOP GIVING SO DAMN MANY OF THEM! We'll explain why and how in our "tip of the week" Who we're following Any time we're reading about economics we can't help but give a shout-out to our favorite BossB economist, Dr. Emily Oster, PhD (@ProfEmilyOster). She focuses her work on what we believe to be the most systematically intractable component of the gender gap - having and raising kids. Even though she doesn't focus on the workplace implications of family life, her Twitter feed is a treasure trove of well-curated content on those topics and funny/endearing personal posts. BBMD tip of the week There's a central tension that has to be addressed anytime we talk about apologizing:
So how can we throw out the "bathwater" of over-apologizing, and at the same time spare the "baby" of emotional intelligence & resonance? We're so glad you asked! Here are a few quick rules to help you:
Quote we're contemplating Food for thought on why we have this urge and how to replace the important role it plays without undermining our position:
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Saturday Morning Rounds December 12th, 2020 - What can trees teach you about networking? A lot, as it turns out
Saturday Morning RoundsA weekly round-up of career & negotiation content for women physicians
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Saturday Morning Rounds December 5th, 2020 - What to expect from a post-corona world, and how to set yourself up to win in it
Saturday Morning RoundsA weekly round-up of career & negotiation content for women physicians What got our attention
We don't often highlight long-form content like podcasts on here, because we know how busy y'all are. That being said - this podcast, and especially certain sections of it - is spectacular, timely, and worth a listen.
If you're not familiar with Scott Galloway, he's one of the clearest, most prescient thinkers in the business world today. But this podcast isn't just about business (and neither is the book he's doing this podcast to promote -
Post Corona
- which we've not yet read) - it's about how culture and values affect pandemic response, it's about how to approach this crazy topsy-turvy investment market that's completely divorced from the economy, and most of all it's about the rapid seismic changes that are coming to medicine and higher ed in the next handful of years.
You might not be equally interested in all of that, so here's a timeline of the podcast w/topic breakdown (we listened on Spotify so your timestamps might be different depending on how you listen, but they should approximate):
Who we're following Scott Galloway (@profgalloway) isn't just a great professor, author, and thinker - he's also a damn good Tweeter. If you want one of the best pound-for-pound (maybe character-for-character is the Twitter equivalent?) follows to get a high quality, nuance, long-term perspective on business and society, he's your guy. BBMD tip of the week Like most economic upheavals - and especially the modern, technology-enhanced ones - the next few years will likely create a small number of parabolic/exponential "win" stories, and a much larger number of linear, go-to-zero "loss" stories. Every single thing we do at this company is aimed at helping you - yeah, you personally reading this right now - to first and foremost avoid losing, and ideally to end up on the winning side of things. And the harsh reality facing us as healthcare workers - and many of us doubly as healthcare and higher ed workers - is that our institutions are about to come under a siege that a plurality of them will not survive. The only logical response to that reality is to make sure that you're not 100% reliant on your institution. And it just so happens that we have some thoughts on how to achieve exactly that. First off, a CYA statement - we are not investment advisors and none of this is investment advice. Okay, now that that's out of the way, if we - and Scott Galloway - are right, then there are three main strategies that will likely work well this decade:
Strategies 2 & 3, when combined, are called barbell investing - and you'll learn more googling and youtubing that term than we can probably teach you effectively (we do have some hot takes on which sectors will go parabolic, but they're conjecture and a distraction from this conversation, so feel free to reply to this email if you really wanna hear 'em and we'll be happy to share 1:1). Strategy 1, however, happens to be one of our personal areas of expertise, and it also happens to be about the only opportunity you have of creating your own parabolic growth, rather than hoping for a slice of someone else's. We've already written on this topic previously over the course of a few weeks, so we'll condense that down here for you to walk through, should you so choose: FIRST STEP - BRAINSTORM Set a time for 2.5min brainstorm 10 ideas for side-hustles. Ready...set...go! ...you really shouldn't read ahead before you've done this, we promise... We start with this because it gets the creative juices flowing and encourages divergent, "outside-the-box" creative thinking, which is your friend at this stage of the process. SECOND STEP - NARROW Give each one of those ideas its own 0-10 scores in the following 3 categories:
Now, calculate the blended average for each idea and re-order the list based on that score, highest to lowest. FINAL STEP - CHOOSE Now we're gonna transition out of our heads and into our guts, away from our numbers and toward our intuition, and most importantly out of our own experience and into that of our potential customers (all businesses have a customer, after all).
And now you've got a better start than most successful businesses out in the world today even had! There's a lot more to this entrepreneurship/side-hustle/multiple-revenue-stream game than we could fit into even months' worth of newsletters, and we don't wanna bore you if this isn't up your alley. So, if you ARE interested in learning more about the topic (or are stoked about one of your ideas and want to share it with someone/get some feedback), please reply to this email to let us know! Quote we're contemplating
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Saturday Morning Rounds November 28th, 2020 - The AMA is the wooooorrrrrsssst (and we had no idea)
Saturday Morning RoundsA weekly round-up of career & negotiation content for women physicians
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Saturday Morning Rounds November 21st, 2020 - On COVID & Caretaking
Saturday Morning RoundsA weekly round-up of career & negotiation content for women physicians
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@BossB_MD and put #SaturdayMorningRounds in there so we can find it.
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Saturday Morning Rounds November 14th, 2020 - Gender differences in conflict
Saturday Morning RoundsA weekly round-up of career & negotiation content for women physicians
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@BossB_MD and put #SaturdayMorningRounds in there so we can find it.
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Saturday Morning Rounds November 7th, 2020 - Congresswoman Shirley Chisholm and how to claim your seat at the table
Saturday Morning RoundsA weekly round-up of career & negotiation content for women physicians
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Saturday Morning Rounds October 24th, 2020 - How to focus on the one important thing
Saturday Morning RoundsA weekly round-up of career & negotiation content for women physicians
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Saturday Morning Rounds October 17th, 2020 - 9 things every health care leader should know about compensation
Saturday Morning RoundsA weekly round-up of career & negotiation content for women physicians
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