Q: What does it take to successfully run two organizations simultaneously?
A: Numerous high-profile executives have run organizations at the same time — think Elon Musk (Tesla/SpaceX), Jack Dorsey (Twitter/Square) and Jeff Bezos (Amazon/Blue Origin). Most of us will never be as well-resourced as those names, but there are certainly lessons we can take from them.
Here are some of those lessons I put to use while preparing the U.S women's hockey team for the Winter Olympics while simultaneously building the University of St. Thomas women's program.
First, hire great people. More than that, avoid the temptation to micromanage, as your time is limited. Have confidence in your team to delegate and let go.
Next, don't allow either organization to consume your life. For those with a spouse or kids, the opportunity needs to be at the right time; you need the support network of loved ones to make it work. If there isn't a healthy balance between the professional and personal side, there's a possibility of not succeeding in either.
Third, be where your feet are. Practice mindfulness; you need to be present both physically and mentally. While there certainly are going to be distractions, I struggled the most when my mind was not where my feet were.
Also develop keystone habits. Those have a trickle-down effect on one's day. Start your day by reading a devotional, a leadership book or the Bible. Get exercise. Listen to an encouraging podcast or music. Follow your keystone habits and your day will go better.
Finally, learn to say no. Really good leaders know when they can't serve on another board or accept another invitation.