The art of being wise is the art of knowing what to overlook
-The One Thing, p.198 Continue reading The art of being wise is the art of knowing what to overlook
Tag: strategic planning
The secret of getting ahead
The secret of getting ahead is getting started. The secret to getting started is breaking your complex overwhleming tasks into small manageable tasks and then starting on the first one. -Mark Twain, The One Thing, p.103 Continue reading The secret of getting ahead
How to make sure you achieve what you plan:
A good rule of thumb is to double down everywhere in your life. If your goal is ten, ask the question: “How can I reach 20?” Set a goal so far above what you want that you’ll be building a plan that practically guarantees your original goal. -The One Thing, p.93 Continue reading How to make sure you achieve what you plan:
Be careful, because you can spend your whole life optimizing for nothing
You can optimize anything to the infinity degree. It doesn’t matter how smart you are. Pick wisely WHAT you decide to optimize. For example with Slide, Max Levchin had brilliant engineers whose jobs where solely to increase the number of pokes (which is kind of a like on Fb) per user. Ultimately, they spent years just optimizing for nothing, Slide doesn’t exist anymore. -Max Levchin, as described by Shaan Puri on MFM, Ep. 274, 9mins Continue reading Be careful, because you can spend your whole life optimizing for nothing
Not everything matters equally
Not everything matters equally, and success isn’t a game won by whoever does the most. Yet that is exactly how most play it on a daily basis. -The One Thing, p.34 Continue reading Not everything matters equally
What’s the ONE thing you can do this week such that by doing it everything else would be easier or unnecessary?
“Going small” is ignoring all the things you could do and doing what you should do. It’s recognizing that not all things matter equally and finding the things that matter most. It’s realizing that extraordinary results are directly determined by how narrow you can make your focus. -The One Thing, p.9 Continue reading What’s the ONE thing you can do this week such that by doing it everything else would be easier or unnecessary?
“If you have a 10% chance of a 100x return, you should take that bet every time even if it’s going to feel bad 9 out of 10 times.”
If you want to improve something or develop something new, Ask yourself: What’s the best case scenario? If the best case scenario is 10-20% improvements… don’t work on this. It’s a waste of time (especially at your level). Aim for the big bets. -Jeff Bezos Continue reading “If you have a 10% chance of a 100x return, you should take that bet every time even if it’s going to feel bad 9 out of 10 times.”
Should you follow what big companies do?
The next time someone tries to tell you to do something because big companies do it, be suspicious. Don’t let them infect your company with the thing that’s slowly killing theirs. -Ravi Gupta, quoted by Shaan Puri, My First Million, Ep. 278, minute 19:30 Continue reading Should you follow what big companies do?
A brand is something built by creating a group of products that all serve the same person
A brand is trust. A brand is an expectation that the customer will be happy with his or her purchase. -Ryan Daniel Moran, 12 Months to $1 Million, p.28 Continue reading A brand is something built by creating a group of products that all serve the same person
Growth isn’t linear
In the early days of the curve, you over-forecast (expectations are higher than results) and in the later days of the curve, you under-forecast. Doug Leone, Sequoia Capital part II Acquired Podcast Continue reading Growth isn’t linear
Roadmap to Billions 