The Everyday Millionaire
Episode #87 – Paul G. Stoltz – The Response is Everything
“Adversity = life. It’s the most timeless, universal facet of our journey” – Paul Stoltz
Connect with REIN Canada
REIN Canada
CEO@reincanada.com
Facebook
Instagram
Twitter
Show Notes
[02:08] Patrick introduces his next guest, and old friend, Dr. Paul Stoltz.
[04:58] A familiar name and voice to the long-time REIN community, Paul briefs us on his elevator pitch with a question to answer the question.
[06:54] CORE and the Adversity Quotient (AQ). In the face of a world changing event that has produced an adversity-rich environment, Paul provides a narrative for the work he does and the seed from which it naturally grows.
[10:15] Paul explains that working with people to measure how they respond to and deal with adversity (adversity quotient), then measurably improving it, rewiring and strengthening it, better supports every single interaction of our lives. Consider individuals and organizations with the highest AQ, how can we mimic and master their actions to have a radically better outcome from this most unusual time?
[13:44] Patrick and Paul talk about how REIN is harnessing this adversity and taking it on to empower the REIN Member community and take a stand for leadership amid the confusion.
[14:45] The work within the Adversity Quotient book has incredibly far-reaching global impact. Written in 1997, it just went #1 in China in 2019 – 2020. It is also part of the curriculum at Harvard School of Business and M.I.T. Adversity is a universal reality of life. Everyone is impacted by it without exception.
[19:38] Nature vs. nurture - how is our adversity quotient generally determined? Can it be rewired?
[22:30] A few new physical distancing terms to add to your toolbox: Zoom Bloom and Quarantine 15!
[22:54] Paul offers a simple test if you’ve never explored your response to adversity. It starts with five people who know you best and no consequence to their answer. Does that introduction cause you to sweat or get excited?! That may be an indicator.
[25:46] An equal part of the adversity quotient is not only facing the challenge itself but also how we show up, or don’t, within that challenge. Paul talks about the research they’ve conducted with global leaders around these two concepts. This led to GRIT® Growth, Resilience, Instinct, Tenacity.
[25:46] An equal part of the adversity quotient is not only facing the challenge itself but also how we show up, or don’t, within that challenge. Paul talks about the research they’ve conducted with global leaders around these two concepts. This led to GRIT® Growth, Resilience, Instinct, Tenacity.
[35:22] Grit isn’t only about facing the huge mountain and overcoming the challenge. It also comes in the form of everyday challenges, sometimes the hour to hour reality of working at home with your whole family in self-isolation, job loss, someone who is sick. The work is in mastering our core response, particularly as a role model for our family.
[39:34] Paul circles back to CORE and elaborates on the four dimensions within our adversity quotient: Control (what we can & can’t); Ownership (how likely is your step-up factor); Reach (how far do you perceive this will affect everything else) and Endurance (how long do you perceive this to last or endure).
[46:37] Paul illustrates CORE within context of what the response to COVID-19 has created and he offers his personal perception of it.
[46:37] Paul illustrates CORE within context of what the response to COVID-19 has created and he offers his personal perception of it.
[53:44] Paul outlines some of the qualities that show up in the data for high AQ individuals. At the heart of a high AQ lies a decision to show up,