Warren Buffett
Lesson: Maximize future rewards by leveraging assets and mitigating risks in a highly rational fashion.
Be steadfast in pursuing what you know is right.
Rise above the moment to achieve a long-term goal.
Let compassion be your guide.
Maintain a strict ethical code of conduct.
Abraham Lincoln is often cited as one of America’s greatest presidents, which is remarkable for the great poverty and tragedy that marked his early years. Famously born in a log cabin on February 12, 1809, he had very little formal education, and after his mother died when he was nine, his father relied on him to work both odd jobs and on their farms to keep the family afloat. Losing his land in Kentucky due to a land title dispute, Lincoln’s father moved the family to Indiana to avoid living in a slave state.
Although he lacked schooling, Lincoln loved to read and he spent many hours educating himself. When his father remarried, Lincoln’s home life improved with the love and caring of his stepmother, but the death of his older sister in childbirth and his first girl friend left him prone to bouts of melancholy.
In 1830, Lincoln moved to Illinois, where he settled in the town of New Salem and opened a general store with a partner. Falling into debt, he sold his share of the store and became a surveyor. During this time, he decided he wanted to practice law and borrowed books so he could study. He also became involved in politics, running for the state legislature in 1832. Although he was unsuccessful in that campaign, it marked the beginning of his political career. He obtained his license to practice law in state courts in 1834 and became a junior partner. His admittance to practice law in the Illinois Supreme Court prompted his move to Springfield, the state capital, where he established legal practices with two different partners.
Over the next two decades, Lincoln steadily rose through the ranks of Illinois politics, serving in the state legislature and later as a member of the U.S. House of Representatives. His opposition to the expansion of slavery became a defining aspect of his political ideology, setting him apart from many of his contemporaries.
Lincoln’s stance on slavery would become even more significant when he ran for the presidency in 1860 as the candidate for the newly formed Republican Party. At a time of intense sectional tensions and the looming threat of secession, Lincoln’s election signaled a seismic shift in American politics.
As president, Lincoln faced the daunting challenge of leading a nation on the brink of civil war. In his inaugural address, he sought to calm the fears of the Southern states while reaffirming his commitment to preserving the Union. However, his efforts at conciliation ultimately failed, and the American Civil War erupted in April 1861.
Throughout the war, Lincoln demonstrated remarkable leadership and determination. He skillfully navigated the complexities of military strategy, balanced competing interests within his cabinet, and provided a steady hand to guide the Union through its darkest hours. His commitment to preserving the Union, coupled with his evolving belief in the abolition of slavery, would come to define his legacy.
In 1863, Lincoln issued the Emancipation Proclamation, a landmark executive order that declared slaves in Confederate territory to be free. Although its immediate impact was limited, the proclamation laid the groundwork for the eventual passage of the Thirteenth Amendment, which abolished slavery throughout the United States.
While the Civil War raged on, Lincoln’s leadership and eloquence captured the imagination of the American people. His speeches, such as the Gettysburg Address, became enduring testaments to his vision of a united and free nation. Despite the immense pressures of the war, Lincoln never lost sight of his commitment to justice and equality.
Tragically, Abraham Lincoln would not live to see the fruits of his labor. On April 14, 1865, just days after the Confederate surrender, he was assassinated by John Wilkes Booth at Ford’s Theatre in Washington, D.C. His untimely death robbed the nation of a leader who had steered it through its greatest crisis and likely doomed the Reconstruction.
Dress – Lincoln did not put much care into his appearance, as he believed himself to be quite ugly. He was often rumpled and availed himself of every opportunity to take his jacket off and roll up his sleeves. While you are Lincoln, dress in an average and inconspicuous fashion. Don’t worry about ironing or matching. Overall you want to be comfortable. However, Lincoln’s stove pipe hat was iconic, even for the times, and you choose an item like a hat, scarf or gloves to wear that is unique to you.
Posture – Being quite tall and slender (possibly suffering from Marfan’s syndrome), Lincoln tended to be stooped. His long legs and arms often didn’t quite fit the furniture and he would need to spread his legs out. During your time as Lincoln, take up as much room as you can when you sit or lie down. If you can, walk with lengthy steps and hunch your shoulders to imitate someone very tall needing to bend down.
Manner – Lincoln had a very folksy, engaging manner. Greet people warmly and with a joke, if you have one.
Speech – Be very plain spoken, but eloquent. He was not an educated man so keep your words simple, but he did write amazing speeches that captured the emotion of the moment so ensure you express compassion and empathy.
Educate yourself – Lincoln had little formal education but read voraciously on a wide topic of interests. Instead of apprenticing with a lawyer, he borrowed or bought the books he needed to get his license. When he wanted to improve his math skills, he tracked down and read Euclid’s Geometry. While you are Lincoln, follow a self-improvement plan to learn about a new topic of interest. Either read the books, watch videos, or take online courses, but set an achievable goal for yourself to complete the material in a timely fashion.
Lean into your melancholy – Lincoln famously suffered from bouts of melancholy, which we would consider today to be depression. He would lock himself away and read, write or think during these states, rather than try to snap himself out of it. When you experience a low state while enacting Lincoln, lean into it and use these times as an opportunity to read, especially poetry or literature, listen to music, or to write. Think of these episodes as your body telling you something is wrong and use these times to reflect and create.
Write exquisite letters – Lincoln’s letters to the families of fallen soldiers are honest and compassionate, and appeal to the best in human nature. One of the most famous (and controversial) is the short but beautiful Bixby letter.
Executive Mansion,
Washington, Nov. 21, 1864.Dear Madam,
I have been shown in the files of the War Department a statement of the Adjutant General of Massachusetts that you are the mother of five sons who have died gloriously on the field of battle.
I feel how weak and fruitless must be any words of mine which should attempt to beguile you from the grief of a loss so overwhelming. But I cannot refrain from tendering to you the consolation that may be found in the thanks of the Republic they died to save.
I pray that our Heavenly Father may assuage the anguish of your bereavement, and leave you only the cherished memory of the loved and lost, and the solemn pride that must be yours to have laid so costly a sacrifice upon the altar of Freedom.
Yours, very sincerely and respectfully,
A. Lincoln.
Take some time to craft at least one letter to a loved one or person you admire expressing your feelings. Spend the time to make the letter short, simple, and compelling.
Examine your honesty and integrity – Almost everyone considers themselves to have integrity, but how often do we examine our words and actions with integrity in mind? Review the communications and actions you made yesterday and rate them on an honesty scale. Were you spinning the truth? Or trying to manipulate someone? Take a moment before you speak or write during your time as Lincoln to examine the integrity of what you are doing.
Build your discipline – Although Lincoln wanted to be nominated for the Senate seat from Illinois, voting was close between him and another Whig candidate. Realizing that the other Whig candidate would not bow out, Lincoln withdrew his own name from the race to make sure that a split ticket wouldn’t allow a pro-slavery candidate to win. Lincoln would often delay his own desires and ambitions for the greater good. While you are Lincoln, adopt a healthy habit or break an unhealthy one. Being at the mercy of impulses and emotions prohibits a person from hearing and following their moral compass. Use your time as Lincoln as the opportunity to make a long-desired change in your habits. Some suggestions are to take a walk each day, take up strength training, give up junk food, or limit your screen time. Being in control of your impulses brings with it inner confidence, the kind of confidence Lincoln had in himself.
Assess your timing – Take some time to assess the readiness of your audience for the changes you want to enact. Are they ready to hear your vision? Do they share your impetus to act now? Take a poll or a readiness assessment if you can’t answer these questions. Determine the messages and the incremental steps you can take to bring people around to your vision and share in your need for change.
Learn from rivals – When Lincoln was elected, he offered many of his rivals, with much different political opinions, seats in his cabinet (his team of rivals). Lincoln wanted to have diverse perspectives in his administration and learn all sides of the arguments. While decision-making was often contentious, Lincoln did have the benefit of understanding his opposition and incorporating different viewpoints. While you are Lincoln, seek out some people who have very different opinions on an issue(s) important to you, and ask them to explain viewpoint. Do this with the objective of learning and practice active listening. Let your new understanding guide how you frame your own viewpoint.
Encourage open debate – Similar to above, when you meet with your team or associates, encourage them to speak their honest opinions. If viewpoints are similar among the team, ask people to play the devil’s advocate or role play someone with an opposing view. Your objective is to examine the issue from all sides, rationally, and not let prejudices or emotions lead you to an early conclusion.
Conduct ethics reviews – After every meeting and decision, examine the moral case behind your decisions and actions. Does your decision work for the betterment of mankind? Also, determine the level of integrity and honesty brought to bear in making your decision. Was everyone being completely honest and candid? Was a viewpoint excluded, intentionally or unintentionally? Work on improving the integrity of your decision-making.
Fine tune your speeches – Lincoln’s speeches are among the best ever written- appealing to a higher purpose, full of empathy for suffering, short and yet, poignant. Here is his Gettysburg address:
“Four score and seven years ago our fathers brought forth on this continent, a new nation conceived in liberty, and dedicated to the proposition that all men are created equal. Now we are engaged in a great civil war, testing whether that nation or any nation so conceived and so dedicated, can long endure. We are met on a great battlefield of that war. We have come to dedicate a portion of
that field as a final resting place for those who here gave their lives, that that nation might live. It is altogether fitting and proper that we should do this. But, in a larger sense, we can not dedicate ~ we can not consecrate ~ we can not hallow, this ground. The brave men living and dead who struggled here, have consecrated it far above our poor power to add or detract. The world will little note, nor long remember what we say here but it can never forget what they did here. It is for us the living rather to be dedicated here to the unfinished work which they who fought here have thus far so nobly advanced. It is rather for us to be here dedicated to the great task remaining before us ~ that from these honored dead we take increased devotion to that cause for which they gave the last full measure of devotion ~ that we here highly resolve that these dead shall not have died in vain ~ that this nation under God shall have a new birth of freedom ~ and that government of the people by the people for the people shall not perish from the earth.”
Also read his second inaugural address here. Find an occasion to give a speech and use these as a guide to write an eloquent and pithy appeal to bring out the best in humanity.
Learn and tell folksy and humble stories – In addition to giving memorable speeches, Lincoln was well-known as an animated storyteller. He loved to regale his friends with various tales of his life, finding the humor in situations and often making himself out to be the fool. Find an incident or two from your life where you were humbled and turn that into an amusing story. Make a point to tell this story to your friends at your next outing.
Lesson: Maximize future rewards by leveraging assets and mitigating risks in a highly rational fashion.
Lesson: Create a creative and productive environment by providing camaraderie, challenging work, and time for reflection.
Lesson: Create a creative and productive environment by providing camaraderie, challenging work, and time for reflection.
Lesson: Think great thoughts by bucking convention, trusting your own beliefs, and being open to opportunities.
Lesson: Communicate with empathy and vulnerability to establish trust and influence others.
The icons are useful when conducting any kind of port mortem or difficult conversations, like project, progress, or performance reviews.
Each person chooses a card that reflects the perspective he wants the other to hear. One person shows the card, and, together, both brainstorm the feedback that the persona would give. Repeat using the second person’s chosen card. Both compare and contrast the feedback and agree on lessons going forward. If deadlocked or otherwise desired, they can choose a third card and perform the feedback again
Use the icons at the start of project or with a team to understand each person’s default behaviors and identify potential conflicts.
Each person chooses three cards: one that best represents her, one that she would most like to work with on the project, and one she would least like to work with. Each discusses her picks and agrees to actions for working together.
The goals are to create awareness of missing skills and traits on the team, use the personalities to fill those gaps, and to improve team creativity by role-playing other perspectives.
Review the cards to determine which personas the team needs but is lacking. Conducting the expectations setting exercise first may help. Create virtual seats for these leaders and assign team members the responsibilities for representing these perspectives.
During brainstorming, choose cards at random and generate ideas as the leader personas. Alternately, team members can act as the leaders during the meetings.
At the end of the meeting, each participant, including the meeting leader, chooses a card, either randomly or deliberately, and takes turns providing feedback in the manner of the personality. Alternately, the meeting leader can choose cards at random and ask participants for feedback in that leader’s perspective.
1. Look through the profiles and read the summary sections with the lessons, goals, principles, traits, and values. Find one that “speaks” to you or that has a lesson you could use at the moment. Liking the person or sharing that person’s values is irrelevant, though it may require slightly more effort on your part.
2. Keep in mind that you control the experience and can adopt as much or as little as you feel comfortable doing. Most of the changes you will be making will be internal, in your thought processes and resultant behaviors, and you are not expected to impersonate someone outwardly like you would for Halloween or a play.
3. Explanation of sections:
4. It should take you somewhere between 1-3 weeks to master the character. We recommend that you plan on two weeks, and continue if you need more time to fully internalize the persona. Thinking like the persona or exhibiting their behaviors without thinking are signs that you have internalized the skills. We encourage you to tell the people you are with what you are doing so that they can help you master the character and provide feedback. It’s perfectly acceptable to ask others what they think that person would do.
5. If you have trouble getting started or feel stuck, just ask yourself “What would this person do?