THE THOUGHTFUL ENTREPRENEUR PODCAST

1952 – Practical Application of Performance Science in Business with THAXA’s Carla Fowler, MD PhD

Fowler WideMastering Business Leadership with Performance Science

In a recent episode of The Thoughtful Entrepreneur Show, host Josh Elledge sat down with Dr. Carla Fowler, the Managing Director of Thaxa Executive Coaching. Dr. Fowler shared her expertise on leveraging performance science to help business leaders achieve their ambitious goals. This blog post delves into the key themes discussed in the episode, offering actionable advice and in-depth insights for business leaders looking to enhance their performance and achieve success.

Dr. Carla Fowler emphasizes the importance of applying performance science principles to business leadership. Performance science, which draws from psychology, neuroscience, and behavioral economics, provides evidence-based strategies to optimize performance and achieve goals. One of the core principles Dr. Fowler advocates is the need for brutal focus. In today's fast-paced business environment, leaders often juggle multiple tasks, leading to burnout and decreased productivity. Dr. Fowler suggests identifying core priorities, time blocking, and regular review to maintain focus and ensure that important tasks receive the attention they deserve.

Visibility and reputation play a crucial role in attracting opportunities and building a successful business. Dr. Fowler highlights the importance of building a personal brand, leveraging social media, and showcasing success stories. Additionally, she discusses the superpower of scaling sales conversations to build networks and resilience. Effective sales conversations can lead to increased opportunities and a robust network. Strategies include developing a sales script, practicing active listening, and consistent follow-up. Dr. Fowler's coaching process involves longer initial sessions to establish clarity and focus, followed by ongoing support and coaching sessions to help clients practice skills and work towards their goals.

 

About Carla Fowler, MD PhD:

Carla Fowler, MD PhD founded THAXA out of a passion for performance science, where the fields of strategy, productivity, and psychology intersect. Since its inception in 2013, THAXA’s scientific approach to individualized coaching has attracted a devoted client base of dozens of executives at firms ranging from Fortune 500 technology companies to venture-backed startups to innovative nonprofits.

Carla’s coaching methods draw upon the multidisciplinary field of performance science to generate the best ideas surrounding strategy, execution, and mindset to assist leaders in their endeavors. Over the past 10 years, she has distilled the key principles of performance into understandable concepts and a method that helps leaders incorporate these ideas into their day-to-day performance, helping them go faster and improving their results.

Outside of her coaching, Carla truly enjoys sharing her key performance principles with audiences while engaging in thought-provoking conversations surrounding her passion for performance science.

Carla graduated from Brown University magna cum laude, earned her MD and PhD at the University of Washington, and completed her internship in general surgery at Stanford University.

About THAXA:

THAXA® is a boutique executive coaching firm that leverages the best ideas from performance science to help its clients focus their strategy, execution, and mental state as they pursue ambitious goals.

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Links Mentioned in this Episode:

Want to learn more? Check out THAXA® website at https://www.thaxa.com/

Check out Carla Fowler, MD PhD on LinkedIn at https://www.linkedin.com/in/carla-fowler/

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Transcript

Speaker 1 (00:00:05) - Hey there, thoughtful listener. Are you looking for introductions to partners, investors, influencers and clients? Well, I've had private conversations with over 2000 leaders asking them where their best business comes from. I've got a free video you can watch with no opt in required, where I'll share the exact steps necessary to be 100% inbound in your industry over the next 6 to 8 months, with no spam, no ads, and no sales. What I teach has worked for me for over 15 years and has helped me create eight figures in revenue for my own companies. Just head to up my influence comm and watch my free class on how to create endless high ticket sales appointments. Also, don't forget the thoughtful entrepreneur is always looking for great guests. Go to up my influence. Com and click on podcast. I'd love to have you. With us right now Carla Fowler. Doctor Carla, you are the managing director of AXA Executive Coaching. You're found on the web at Dexcom. That's t h a x a.com. Well, Doctor Carl, thank you very much for joining us.

Speaker 2 (00:01:22) - Thanks, Josh. I am glad to be here. Yeah.

Speaker 1 (00:01:25) - Well, give us an overview of the work you do, who you serve in kind of your impact in the world.

Speaker 2 (00:01:30) - Absolutely. Well, the the short strand, this is I'm an executive coach, and I connect business leaders with the best ideas from performance science so that as they are pursuing ambitious goals for themselves, they can really use that science, access it, and really practical ways because they're doing ambitious things. And often there is not time to work harder. There isn't more time in the day. And so I love taking what I think is kind of a noisy field that often has either overly academic ideas that aren't very practical or usable, or they have a bunch of sort of hack ideas that maybe aren't actually that effective. and really turn it instead into something that's applicable with real tools and ways to think about it, really taking it out of that academic environment and like into a place where people can use it. so that is what I'm doing.

Speaker 1 (00:02:25) - Yeah. So where does performance so where does performance science fit in as opposed to I mean, we're not talking about necessarily productivity or more effective living or time management. Right.

Speaker 2 (00:02:37) - It's it's all in there. So when I think about performance science I think of like three big contributions to it. Right. So you definitely have contributions around like strategy like from the business schools, those kinds of thinkers. You also have contributions from, the psychologists and the sociologists, you know, all of the mindset components of it. And then absolutely, productivity is in that umbrella. And I put that under like the execution piece. so that third bucket, to say, well, how do you actually do things once you've decided what you're going to do more effectively, more efficiently? And also how do you do that at scale? Like how do you get other people, your team to do that with you? So, that's how I think about performance science and also how I break it down. So it's approachable.

Speaker 1 (00:03:26) - Yeah.

Speaker 1 (00:03:27) - so I would imagine, in your world, as you're out and you're producing and sharing content, you're working with clients, that you likely hear, misconceptions or you read about misconceptions or you see, like a, some TikTok or whatever, and you're like, oh, no, no, no, that's bad advice. what what are some of those things that are out there that, that maybe sound good, but in reality, there's better, a better ways.

Speaker 2 (00:03:55) - Great question. Well, this one of the big ones is actually, what happens when we go on social media in general, which is one of the biggest mistakes is when we're busy trying to do it all. So we see such a small slice of what other businesses or people are doing when we, are online or on social media. And because we are very socially influenced, like that's how we're built, and how our brains work. And so we often are like, I have to do everything. But if we actually look at, at the science and we think about strategy in general, what we know is, okay, we only have 24 hours in the day.

Speaker 2 (00:04:32) - We also know that not all of the inputs or the things we're going to do are going to be equally effective for our businesses and what we're trying to do. And so, what my principle around this actually is, is to say we have to be brutally focused. We need to not make the mistake of trying to do it all and getting burned out, or simply diluting our efforts so that we feel like we're working all the time, but not really feeling like we're getting the results we want to see. and so my principle, the first of like my three big performance principles is brutal focus. And it's this idea of it is worth it to spend some time trying to identify, like, the answers to three big questions and just work on them over time. So again, the tool for this is really saying, can you block a little bit of time? That is your time for focus? And what I mean by that is thinking about number one, what is it that I want to have happen or what what is my goal either for this area of my business or my business as a whole? Number two, what is actually going to best drive that? So of all the things and I can give an example of this, so for example, as I was building my coaching practice, I got all sorts of advice from everyone about, you need a blog, you needed this.

Speaker 2 (00:05:53) - Oh, are you on social media? and I it was difficult, but I had to say, what are the things I think are going to fundamentally be most important? And I decided on two. The first was I had to figure out how to sell, and I needed to get out and build visibility for myself. And coaching is a relationship based business. And so I said, all right, I need to meet a lot of people. And I did no blogging, I did no social. And I said, I need to get out and build relationships and and create that visibility. And then for two, I have to be a phenomenal coach. So if someone decides to work with me, they need to have the best experience possible. So they tell other people about it. It was brutally focused, and a lot of people, I think might have said, like, you're not doing enough, but I just devoted a lot of time to those things. so again, we want to think about what do we want to have happen, what is most important.

Speaker 2 (00:06:45) - And then the second thing is what is a distraction? Something you see other people doing that you could pour a lot of time down, but that isn't actually it might be a good idea, but isn't going to get you like that. the impact you need for that time that is invested. So those are the three questions I always recommend, even just 20 minutes with a pad of paper on a piece of your business or the or the whole thing to just run through those and do it periodically, see if the answers change. So brutal focus. Principle number one. to combat the mistake of, like, trying to do it all.

Speaker 1 (00:07:22) - Yeah. so, Carla, what types of folks do you work with? Like what's going on in their lives and what are they typically coming to you and saying, here's where it hurts, or here's where the gap is, or here's here's what's really frustrating for me. How did they describe it?

Speaker 2 (00:07:38) - That's a great question. So, I am often working with different kinds of business leaders.

Speaker 2 (00:07:43) - This can be either in the corporate setting, right. So where they have, autonomy and responsibility for a piece of the business or the company. But I also work with people who are starting businesses, either startups, but also like, you know, firms that aren't meant to be, you know, a rocket ship, but like a, a solid business. So I do work across the stack of leaders and, they come with a couple different pain points. So sometimes the pain point is around, visibility. And again, this is actually related to sort of another mistake that we can sometimes make as we're trying to achieve our goals or build our businesses is that, sometimes we think if. We are doing great work, you know, like and and producing great results that that will be enough. And the truth is, we do have to have that, but we also have to be visible to the network. A great book about this people can check out called The Formula. And the author's last name is Barabas.

Speaker 2 (00:08:45) - But he was a social scientist who said, you know, like it when it's hard to distinguish objectively between different offerings or different performances that often, then what comes into play is who is the most visible. And so I just thought that was an interesting piece of science. And so like sometimes people are saying, hey, I'm working really hard. I think I'm producing great work. I'm not getting noticed. sometimes they're dealing with uncertainty. So they're like, yeah, I am leading. I am beyond my comfort zone. And, I'm trying to figure out what to do and also how to move forward, how to take a risk or make decisions about things. And they're wanting a thought partner, someone to talk to about that. and, and just kind of work through that. So, that is sometimes what happens. and then I think a third one is often people feel burned out. They are like working really hard, doing a lot of stuff and just feeling like it's not sustainable. And they're trying to think about how to keep their great results, but do it in a way where they're not, feeling like every day is like one day closer to just wanting to quit because they don't enjoy it anymore.

Speaker 3 (00:09:58) - Yeah, yeah.

Speaker 1 (00:09:59) - You know, and I really feel strongly about this, you know, this, this subject that, a lot of times, like, let's say someone is a, let's say someone as a coach or someone as a consultant, and they are they're good at what they do. given the opportunity, when people learn about, like, if they just have the time with somebody, generally they have an okay conversion rate, so their product is good or their offer is good. They generally have an okay conversion rate, but then they say, well, I don't have enough business or it's inconsistent. And so then therefore what they say is, well, there must be something wrong with me or there's something wrong with the offer or I'm no good at sales. Maybe, but probably it's just like what you were talking about. You just need more at bats. I like you, just like you just need more visibility.

Speaker 2 (00:10:49) - Scale? Yes. Like doing getting that scaled up. I love that you brought this up because I think one of the secret it is not a hack because it takes time, right? Like it's not going to be a silver bullet for anyone.

Speaker 2 (00:11:03) - But I think there is this superpower about learning how to do like these, these things that can feel hard, right? Like that's selling conversation at scale. And one of the things that I love about encouraging people and helping them figure out how they get themselves to say, how do I ten x that sales conversation, meaning do ten x more of them, get more at bats and one of the things that I tell people is it's always uncertain. When you go into that conversation, you'll probably hear more no's than yeses, but when you do it at scale like that, you win. Even if you lose at the particular thing you're trying to do right now. Because here's what happens. Number one, you build a ton of network, like a lot of people just know you. And even if they weren't a customer, they know who you are. Number two, you build reputation as a person who is unafraid out trying to build value. Be helpful to people. Number three, you build your muscle for that discomfort, that ability to say, I know how to make myself not just do a few of these, but actually say, nope, I'm walking back out there, I'm knocking on another door, I'm dialing another number, I'm having another coffee.

Speaker 2 (00:12:15) - and then, the last piece is, just that you will be way more visible. And so even if this offering or this thing doesn't end up being the thing you win at, you have built all these assets and resources for what comes next. So it's this way of like, you win, even if you weren't totally successful at this particular service or product, like it didn't quite hit for your business. So that's the superpower. Ten what you're trying to do get this. Yeah.

Speaker 1 (00:12:44) - Carlos, talk about, how you work and like, when you're working with someone, what does that typically look like?

Speaker 2 (00:12:51) - So, the way I work is to try and build some of these principles that I use into the process, right? So that, it just happens as we were doing it. So the first thing we actually do is we start with a longer form session. So it's a few hours in length actually. rather than just starting kind of 45 minutes at a time. And then we follow that longer session with, 45 minute coaching sessions over time.

Speaker 2 (00:13:16) - And the reason I frontload the process is because I figured out if we can help people build some of that clarity and that brutal focus right at the start, it sets. Them up for success, then, like we've identified what is most important to spend their time on. Then when we're trying to help them execute or working on some of the mindset parts that like thinking about the uncertainty, they are much better positioned to have success at those other things. And so that's why we spend time. We give ourselves time to build that momentum upfront and then, of course, support them along the way as they are trying to like practice skills, try some tools, build that muscle, and have lots of ongoing support for them as they're doing that and moving towards their goals.

Speaker 1 (00:14:03) - Yeah. Carla, your website is saxa.com. What does that mean? And, just real quick after that. Yeah. Share with someone's going to your website what you would recommend they do if they're enjoying this conversation they want to explore. I don't know if you have any, you know, epic content or anything that you'd recommend that they take a look at.

Speaker 2 (00:14:23) - Awesome. So, yes, that's a.com. And Thaksin means a task in Latin. And the reason I picked that was because, when I, when I was young, I think I learned either from my parents or something that big things, big tasks, ambitious goals were actually just a series of the right, smaller tasks. And so I think one of the things we do in coaching is try and make really ambitious goals, approachable by breaking them down in the right ways. And then, on my website, one of the pages that I think is the most fun is I have a media page, and it has links to all my guest appearances on podcasts. And so we only talked about one of the principles of performance science, which is brutal focus. But if you want to learn about Cultivate Power, if you want to learn about how to relish uncertainty, which are the next two? I talk about these a lot on different podcasts, and, it's a wonderful place to go. And just if you're interested in the conversation to learn some more.

Speaker 3 (00:15:22) - Excellent.

Speaker 1 (00:15:23) - Doctor Carla, aka Carla Fowler, your website again taxa.com. Carla, it's been great having you. Thank you so much for joining us.

Speaker 2 (00:15:32) - Thank you Josh, this was fun.

Speaker 1 (00:15:39) - Thanks for listening to the Thoughtful Entrepreneur show. If you are a thoughtful business owner or professional who would like to be on this daily program, please visit up my influence. Com and click on podcast. We believe that every person has a message that can positively impact the world. We love our community who listens and shares our program every day. Together, we are empowering one another as thoughtful leaders. And as I mentioned at the beginning of this program, if you're looking for introductions to partners, investors, influencers, and clients, I have had private conversations with over 2000 leaders asking them where their best business comes from. I've got a free video that you can watch right now with no opt in or email required, where I'm going to share the exact steps necessary to be 100% inbound in your industry over the next 6 to 8 months, with no spam, no ads, and no sales.

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