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The Foundr Podcast with Nathan Chan

68: Building The Best Workplace in The World with Vishen Lakhiani of Mindvalley

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8 • 662 Ratings

🗓️ 23 November 2015

⏱️ 38 minutes

🧾️ Download transcript

Summary

How can you attract top talent, and create a workforce that goes the extra mile for the company? The answer – surprisingly – isn’t salary, perks or bonuses. It’s culture. Making the effort to build and invest in a positive business culture can drain time, resources and money. But research suggests that the ROI on a happy workforce can be measured in dollars as well as satisfied, secure staff. According to The Journal of Workplace Behavioral Health, good culture-building activities successfully cultivate a companywide commitment to satisfying customers. Other benefits include enhanced performance, reduced staff turnover, increased job satisfaction, greater employee engagement, fewer errors and enviable status as a workplace of choice. The jury is officially in: happy and healthy employees cost companies less. A 2011 academic study through the London School of Economics found that for costs spent promoting well-being in the workplace represented a substantial annual return on investment of more than 9 to 1, with increased productivity and reduced absenteeism. And it doesn’t just happen. If you’re a business owner, creating culture is up to you, with former MIT professor Edgar Schein once commenting that the only thing of real importance that leaders do is to create and manage culture. So how do you create a good workplace culture? CEO of Mindvalley, Vishen Lakhiani, is the man officially standing at the intersection of mindfulness and business and has workplace culture down to a fine art. In this interview you will learn: How to turn the power of meditation into your superpower What it takes to build a great company culture and keep top talent The benefits of having a great looking office and how it can double your employee's performance How to strip back the perks but still keep an amazing company culture The process Vishen uses when it comes to hiring A-players & much more!

Transcript

Click on a timestamp to play from that location

0:00.0

This is episode number 68 with Vishin Lakiani of the Founder Podcast.

0:07.3

What you need is thirst.

0:09.0

You need to be a thirsty human.

0:11.0

Who is intent on learning.

0:13.0

It's a really fascinating exploration of human potential.

0:16.6

Now.

0:19.3

The Founder Podcast.

0:21.9

Even the greatest entrepreneurs had help.

0:24.8

If you want to learn from the most successful founders on the planet, you are in the right

0:29.3

place.

0:30.5

Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Ariana Huffington, Steve Case, Gary V,

0:34.9

Sophia Amoroso, Barbara Corcoran, Damon John.

0:37.6

Learn from the greatest minds in business today with interviews hosted by Nathan Chan.

0:42.1

This is not your average entrepreneur podcast.

0:45.7

The Founder Podcast.

0:52.8

Hey guys, thank you so much for tuning in. Before we start today's episode, I just want to let you know that our goal at founder is to help entrepreneurs succeed however we can by giving away high quality content in the form of interviews, blog posts, podcasts, YouTube videos, you name it. We put out so much content to help you.

1:13.9

And another interesting project that we're working on right now is partnering with world-class

1:18.7

founders like Damon John, Alexa von Tobel, Greta Van Riel, and so many more to teach crucial

1:24.7

skills like negotiation, finance, e-commerce, and so much more.

1:31.0

So if you'd like to get access to these free trainings with founders like this, which is

1:36.4

100% free, just go to founder.com forward slash free. Okay, so now let's talk about today's

1:43.6

episode.

...

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