In my experience entrepreneurs are usually optimistic; they see opportunity where others see obstacles. They are also aspirational.
And as a result many entrepreneurs confuse goal setting with creating strategy.
They are not the same.
While your ‘BHAG’ might be cool to talk about with your friends, and it might be motivational to you, the market doesn’t care about it.
Good strategy is about solving a problem that people need solving. Do that better than anyone else and you give yourself a strategic advantage.
In life, if you can’t win, change the rules.
There are two lessons that are relevant to life that have really struck me:
Siri wasn’t created by Apple.
How often are you getting out of the weeds to look at your business? Weekly? Monthly? Quarterly? Yearly?
I was spending time with a friend recently who has built a huge multi-national business. We were talking about life and business, and then we got on to health and he said something very interesting…
This week I attended Peter Diamandis’ technology event, Abundance 360.
As 2017 draws to a close, 2018 offers up unlimited opportunity for each of us.
When it comes to your business, what’s more important, revenue or profit?
I run a course called Board of Directors. Business owners join me for two days every three months and we go deep on their businesses, and their own personal psychology.