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.
(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...
October 4, 2019|
Execution
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(Extracted from Bloomberg on Bloomberg) Don’t devise a Five-Year Plan or a Great Leap Forward. Central planning didn’t work for Stalin or Mao, and it won’t work for an entrepreneur either. Slavishly follow a...
October 3, 2019|
Execution, Life, Optionality, Path Dependence
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(Extracted from Barking Up the Wrong Tree by Eric Barker) Most of us use our calendars all wrong: we don’t schedule work; we schedule interruptions. Meetings get scheduled. Phone calls get scheduled. Doctor...
September 20, 2019|
Execution, Life
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(Extracted from Jeff Bezos 1997 Letter to Amazon shareholders) Some decisions are consequential and irreversible or nearly irreversible – one-way doors – and these decisions must be made methodically,...
September 8, 2019|
Execution
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(Extracted from Principles by Ray Dalio) 1+1=3. Two people who collaborate well will be about three times as effective as the two of them operating independently because they will see what the other might miss,...
September 8, 2019|
Execution
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(Extracted from an article by Janet Choi published on Buffer) According to Bezos, the ideal is the “two pizza team:” if a team couldn’t be fed with two pizzas, it was too big. Social...
September 8, 2019|
Execution
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(Extracted from Scaling Up by Verne Harnish) This is a little story about four people named Everybody, Somebody, Anybody, and Nobody. There was an important job to be done and Everybody was sure that Somebody would...
September 8, 2019|
Execution
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(Extracted from The Millionaire Fastlane by M.J. DeMarco) Your business plan is useless. The market (the world) will steer your business in unimaginable places that will violate everything about your business plan....
September 8, 2019|
Execution
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(Extract from Anything You Want by Derek Sivers) AWFUL IDEA = -1 WEAK IDEA = 1 SO-SO IDEA = 5 GOOD IDEA = 10 GREAT IDEA = 15 BRILLIANT IDEA = 20 NO EXECUTION = $1 WEAK EXECUTION =...
September 8, 2019|
Execution
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