Be brutally intellectually honest about your own skill sets, what you genuinely enjoy, and what truly motivates you to avoid frustration and maximize productivity.
Engage in deep and brutally honest introspection about your personal makeup, including strengths, weaknesses, and preferences, as this self-awareness is very helpful for success.
Always perform true postmortems on your mistakes, avoiding the temptation to give yourself an ‘out’ by blaming external circumstances, to learn effectively.
Look for common threads in your mistakes to identify recurring patterns, then question if you are philosophically wrong, not taking in the right information, being emotional, or surrounded by the wrong people.
Be vigilant about the momentum of projects or decisions; if the ’train is moving’ in a direction you don’t want, be prepared to ‘stop it’ rather than letting inertia dictate the outcome.
Invest significant time in building a great company culture, as it will trump a great business plan by fostering excitement and the right mindset, making necessary changes and the journey much easier.
Cultivate a passionate, inclusive, and transparent company culture by clearly communicating the top strategic focuses and what the organization is trying to build to all employees.
Understand when to be hands-off and ‘stay out,’ allowing truly amazing and talented people to do their job effectively without unnecessary interference.
When working with incredibly talented and well-compensated people from diverse backgrounds, recognize that you are in the ‘human being business’ and must understand their varied motivations.
Ensure you provide an atmosphere where individuals have all the tools and comfort at their disposal, checking every box to enable them to be successful and perform at their best.
Cultivate grittiness, which is the ability to overcome challenges and be comfortable being uncomfortable, as this is a key differentiator for success.
To maximize your potential, become disciplined about what you put into your body, train harder than others, and never take a rep off, treating every practice rep like a game rep.
Be a huge believer in and prioritize sleep hygiene, proper nutrition, and consistent training, as these are fundamental elements for maximizing your talent.
Understand that ‘what got you here may not be enough,’ meaning past methods or levels of effort that led to success may not be sufficient for continued achievement.
Recognize that time is a finite resource that cannot be replenished, and therefore be as thoughtful and intentional as possible about how you spend it.
Integrate workouts, sleep hygiene, and nutrition into your daily lifestyle rather than using them as reactive fixes, and prioritize spending quality time with your family and friends.
Take the time to express to important people in your life, whether family, friends, or mentors, how much they mean to you and how important they are.
At the end of each day, reflect on whether you did your best and if you are actively living and applying the things you truly believe in, not just those you outwardly profess.
Emphasize and prioritize reading as a crucial activity, as it has a significant positive impact on personal development and learning.
Encourage children to be intellectually curious, to wonder how things work, to ask questions, and to read, as these habits are foundational for learning.
Emphasize the importance of character and the daily habits that build it, understanding that the ’little things each day’ cumulatively add up to define who you are.
Read stoicism because its principles of reason and focus on personal choices can resonate, and strive to remove as much emotion as possible from your decision-making process.
Actively seek to differentiate between easy fad solutions and tried-and-true methods, especially in high-stakes areas where results have been consistently demonstrated.
Use data and analytics to self-scout your own tendencies and find small ways to improve your chances, but integrate this information to inform decisions rather than making them solely by algorithms.
The highest and best outcomes are achieved when you use information and technology, but are also able to interpret and apply it to inform your decisions, rather than just blindly following it.
Ensure you are prepared to take full advantage of massive pools of available data, as failing to do so will put you at a disadvantage.
Pay close attention to successful strategies, particularly those that lead to major victories, as these will likely be emulated by others.
For perennial success, cultivate a strong culture that attracts and retains talent, manage finances effectively, and prioritize continuity in coaching staff and assistants.
Instead of inventing entirely new things, look at existing industries or business models to identify specific points where you can improve efficiency or approach them from a different angle.
Enhance traditional businesses by ensuring a clean and safe environment, implementing dynamic pricing to balance demand, and using technology to track finances precisely.
Position yourself as close as possible to individuals with absolute talent, distinguishing them from those who were merely in the right place at the right time.
Ensure you spend an appropriate amount of money for the project’s scope; don’t underfund ambitious global projects, nor overspend on more contained ones.
Always consider how you will effectively capture people’s attention and market your product or service, as this is crucial for its success.
Leverage technology to deliver customized messages, inserting yourself into electronic decision points to target persuadable individuals and avoid bothering those clearly uninterested, leading to more efficient marketing.
Seek out industries or business models that have seen little innovation and apply new technology and techniques to them to achieve nonlinear and significant results.
Identify and enter emerging markets early, establishing a strong brand presence before they become widely fashionable, to gain a significant advantage.
When expanding into new markets, invest significant time in learning about the local environment and prioritize hiring a local team to ensure effective integration and understanding.
When a project fails, analyze whether the core concept itself was fundamentally rejected by the audience, as this indicates a deeper issue than execution.
When evaluating situations, focus on the objective facts as they are to identify areas for improvement.
Recognize that sometimes you must complete tasks you don’t enjoy, understanding that the ’task at hand is the task at hand’ to achieve broader objectives.
Prioritize education that teaches you how to think and communicate effectively, instilling a belief in your ability to have a meaningful impact on the world.
A law degree or background provides a great set of skills for thought processes and how to process information, which can be beneficial in various fields.
Beyond traditional metrics, develop a measurement to understand how people allocate their ‘addressable waking hours’ for media consumption, to better grasp their choices.
Read Matthew Walker’s book ‘Why We Sleep’ to gain profound insights into the importance and mechanisms of sleep.