When people build a business strategy they usually make one of two mistakes:
They make it all about their personal wants and needs
They fail to align it with their personal wants and needs
Seems like I’m contradicting myself doesn’t it?
The market doesn’t exist to provide for you. It owes you nothing. You exist to provide for the market, so building a strategy that is all about getting you what you want misses the point that an effective strategy solves a problem that is worthy of solving.
Building a strategy that solves a worthy problem but takes you to a destination you don’t want to go to means you will always hold something back, because no one wants to charge into hell.
Solve a worthy problem in a way that aligns with you and you are ahead of 99% of other business owners.
There’s a tendency to gather information, and more information, and more information, indefinitely if a decision is important.
Your next 40 years will be determined by your next ten years.
A mantra I live by in business is, ‘tolerance is the enemy of excellence.’
Functional fixes are not solutions for existential misalignments.
If you’re buying your lunch from someone, what happens if he’s 20cms shorter than you?
It’s almost certain that what’s being agreed isn’t fully understood.
Don’t be a dick.
Five hundred years ago, Michel de Montaigne said: “My life has been filled with terrible misfortune; most of which never happened.”
In tennis, the majority of the game is spent volleying.
I own a wealth management company called MedCapital