“The biggest reason why people do not succeed is because they inflict failure on themselves.” — Ram Iyer
Hey everyone, we are kicking off my new podcast series with an interview with Ram Iyer (@BizThinkingBiz) from The Business Thinking Institute, a business management consulting firm based in Princeton, NJ.
Before founding The Business Thinking Institute, Ram spent 30 years in the business world, during which time he headed business strategy and marketing for a $4.3B business at Lucent, as well as starting four companies. Ram also has a background in engineering and robotics and has two Master’s degrees from MIT, including one from the MIT Sloan School.
This experience helped him design mobile robots for Kodak, material handling equipment for Caterpillar, airplane assembly robots for Boeing’s 777 & 757 airplanes, and phone assembly robots for Lucent, among many other projects.
As my first formal interview, I apologize for my lack of skills, both as an interviewer as well as a producer. I expect that I will be improving with each subsequent interview.
QUESTION(S) OF THE DAY: What was your favorite quote or lesson from this episode? Please let me know in the comments.
IN THIS EPISODE
- Ram shares his background in engineering and robotics, getting two Master’s degrees and starting 4 companies.
- Failure, why we don’t succeed, and the “hard thinking” problem.
- Goal setting and what he calls the “silent killers” of success.
- His philosophy about business, for which he has developed the acronym CLIMB.
- His current project: The Business Thinking Institute.
- How anyone engaged in a business (not just a business owner) can alter their thinking to bring value and profitability.
- The definition of success and how that relates to our work and thinking.