Execution Idea is cheap. Everyone has plenty. Execution is what made an idea a reality. You will realise you lack resources and face all the obstacles when you are executing your plan. It takes resolve, strategy and resourcefulness to overcome the limitations.

You get the standards you tolerate

(Excerpt from Extreme Leadership by Jocko Willink and Leif Babin) … they must recognize that when it comes to standards, as a leader, it’s not what you preach, it’s what you tolerate. When setting...

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Obsess with the verb, not the noun

(Excerpt from Keep Going by Austin Kleon) Lots of people want to be the noun without doing the verb. They want the job title without the work. Let go of the thing that you’re trying to be (the noun), and focus on the...

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Goals don’t complete themselves

(Extracted from The Obstacle is the Way by Ryan Holiday) We are A-to-Z thinkers, fretting about A, obsessing over Z, yet forgetting all about B through Y....

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Outspend on Strategic Costs and Cut Non-Strategic Costs

(Extracted from Double Your Profits: In Six Months Or Less by Bob Fifer) All costs are divided into two categories: Strategic costs are defined as all those things that clearly bring in business and improve the bottom...

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The gap between your dreams and reality, and the path to take

(Extracted from Whatever It Takes by Stephen Schwarzman) Every entrepreneur knows the feeling: that moment of despair when the only thing you are aware of is the giant gap between where you find yourself and the life...

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Purpose, not passion

(Extracted from Ego is the Enemy by Ryan Holiday) Passion is seen in those who can tell you in great detail who they intend to become and what their success will be like—they might even be able to tell you...

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Listen to your customers but not too much

(Extracted from David Perell’s Monday Musings (9/30/19) During a recent interview with Derek Thompson, Spiegel talked about how he invented the Stories format. Here’s how Spiegel told the story: ...

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An open office reduces friction

(Extracted from Bloomberg on Bloomberg) I’ve always believed that management’s ability to influence work habits through edict is limited. Ordering something gets it done, perhaps. When you turn your back,...

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Buy what’s delivered, not promised

(Extracted from Bloomberg on Bloomberg) The risks attendant with developing technology I think properly belong to the manufacturer or software writer. They get the profits if it works; they should take the grief if...

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Get programmers to explain to a novice

(Extracted from Bloomberg on Bloomberg) Another software development practice I started at Salomon (and apply at Bloomberg today) was to insist on an explanation from the programmers of what they were trying to do...

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