Here are some of my recent book recommendations...
What are your favourite books of all time? Comment below...
At a business owners breakfast this morning we had a damn good discussion about "time management".
I believe that keeping commitments is something that separates winners from losers in business. I've seen the pattern time and time again of talented people failing because they simply can't do what they fricking say they're going to do!
We can't manage time, it just passes. We can manage actions however. That's why I propose your default answer should be "no" not "yes".
Say no more and give yourself the space to...
* I literally mean meditate. Eyes shut, quiet place the lot. It only takes a few minutes but without it I'm not sure you can trust yourself to separate what's really important, from all the other rubbish that feels important that could otherwise fill your time!
How do you feel about this? Comment below now.
Shyam Sankar - The Rise of Human-Computer Corportation
However great you are, somebody with a better process will beat you. If you build your business around your talents alone it may be good, but you'll be tied into it and it will never be great.
My take homes are...
Confidence matters, and so does competence.
You can create value through confidence, for example selling an unrealised concept. You can also create value through competence, eg by making something great.
The consequence or impact of what you do requires both the confidence to create a gap between what is and what could be, and the competence to close that gap.
Does this mean you should work on your weakest aspect? NO, never do that. Simply partner with someone who has what you don't.
Where does your natural talent lie?
Got a FitBit Aria wireless bathroom scale, and having trouble trying to set it up via a Mac? If so read on, if not please don't as this could well be the most boring blog post you'll ever read...
Copying creates clusterf#cks!
As soon as you copy data it no longer has a home. Think whether you could move the data instead. If you really must copy then think about hyperlinking backwards and forwards to keep the association alive.
"A place for everything, and everything in its place"
The below is the best I've found on the topic, and I wish I knew this when growing my last company...
The most important principle: Fairness, and the perception of fairness, is much more valuable than owning a large stake. Almost everything that can go wrong in a startup will go wrong, and one of the biggest things that can go wrong is huge, angry, shouting matches between the founders as to who worked harder, who owns more, whose idea was it anyway, etc. That is why I would always rather split a new company 50-50 with a friend than insist on owning 60% because "it was my idea," or because "I was more experienced" or anything else. Why? Because if I split the company 60-40, the company is going to fail when we argue ourselves to death. And if you just say, "to heck with it, we can NEVER figure out what the correct split is, so let's just be pals and go 50-50," you'll stay friends and the company will survive.
Below is an excerpt from Seth Godin's excellent blog. He clearly articulates what I've intuitively felt for some time. If you can start to think in terms of the critical tasks that must be done it can really help you focus.
The longest string of dependent, non-compressible tasks is the critical path.
Can you think of an instance where focusing on the critical path has helped you?