WHAT WE’RE READING THIS WEEK

Patience is one of the ultimate advantages, in that you’re just willing to do things for an unreasonably long period of time without thinking you’re smarter than you really are. (Credit: Neil Strauss).

———————————————————————————————————–

FINAL THOUGHTS

Tell me this:

What’s the main challenge you’re having with your business right now?

Email me at [email protected] and let me know.

I love to hear from subscribers and I read every email.

Talk to you soon.

WHAT WE’RE READING THIS WEEK

During my hardest days, I repeated the same phrase to myself: I cannot lose if I do not quit. (Credit: Alex Hormozi)

———————————————————————————————————–

FINAL THOUGHTS

Tell me this:

What’s the main challenge you’re having with your business right now?

Email me at [email protected] and let me know.

I love to hear from subscribers and I read every email.

Talk to you soon.

WHAT WE’RE READING THIS WEEK

“Life … is a process of engaging with problem after problem, giving each one the time it requires—the presence of problems in your life … isn’t an impediment to a meaningful existence but the very substance of one.” (Credit: Oliver Burkeman’s Four Thousand Weeks)

———————————————————————————————————–

FINAL THOUGHTS

Tell me this:

What’s the main challenge you’re having with your business right now?

Email me at [email protected] and let me know.

I love to hear from subscribers and I read every email.

Talk to you soon.

WHAT WE’RE READING THIS WEEK

Ten rules of value-creating growth

Put competitive advantage first. Start with a winning, scalable formula.

Make the trend your friend. Prioritize profitable, fast-growing markets.

Don’t be a laggard. It’s not enough to go with the flow—you need to outgrow your peers.

Turbocharge your core. Focus on growth in your core industry—you can’t win without it.

Look beyond the core. Nurture growth in adjacent business areas.

Grow where you know. Focus on growing where you have an ownership advantage.

Be a local hero. Commit to winning on the home front.

Go global if you can beat local. Expand internationally if you have a transferable advantage.

Acquire programmatically. Combine healthy organic growth with serial acquisitions.

It’s OK to shrink to grow. Ruthlessly prune your portfolio if you need to.

(Credit McKinsey & Company)

———————————————————————————————————–

FINAL THOUGHTS

Tell me this:

What’s the main challenge you’re having with your business right now?

Email me at [email protected] and let me know.

I love to hear from subscribers and I read every email.

Talk to you soon.

WHAT WE’RE READING THIS WEEK

“Almost everybody can stay excited for 2 or 3 months. A few people can stay excited for 2 or 3 years. But a winner will stay excited for 30 years or however long it takes to win.” (Credit: Insurance executive and entrepreneur Art Williams, Source: “Just Do It”)

———————————————————————————————————–

FINAL THOUGHTS

Tell me this:

What’s the main challenge you’re having with your business right now?

Email me at [email protected] and let me know.

I love to hear from subscribers and I read every email.

Talk to you soon.

WHAT WE’RE READING THIS WEEK

American billionaire Bill Ackman has built one of the world’s most successful hedge fund management companies based on eight investment principles. Ackman has eight principles that determine when to invest in a company.

The business must be simple and predictable

The company must be free cash flow generative

It must have a dominant market position

There must be significant barriers to entry for competitors (MOAT)

There must be a high return on capital

The company must have limited exposure to extrinsic risks they can’t control

The business must have a strong balance sheet and not need access to outside capital to survive

The company must have an excellent management team and good governance

———————————————————————————————————–

FINAL THOUGHTS

Tell me this:

What’s the main challenge you’re having with your business right now?

Email me at [email protected] and let me know.

I love to hear from subscribers and I read every email.

Talk to you soon.

WHAT WE’RE READING THIS WEEK

Actress Sally Field was once asked how to have a long, creative career. Field answered that most people get frustrated by all of the non-acting work (administrative tasks, casting calls, relationship-building, etc.), but early on, they realized this was the key: “The struggle is the work.” (Credit: Ghost Newsletter)

———————————————————————————————————–

FINAL THOUGHTS

Tell me this:

What’s the main challenge you’re having with your business right now?

Email me at [email protected] and let me know.

I love to hear from subscribers and I read every email.

Talk to you soon.

WHAT WE’RE READING THIS WEEK

Something to remember when selling:

You’re not asking people to do something for you.

You’re offering to do something for them.

(Credit: Josh Spector) 

———————————————————————————————————–

FINAL THOUGHTS

Tell me this:

What’s the main challenge you’re having with your business right now?

Email me at [email protected] and let me know.

I love to hear from subscribers and I read every email.

Talk to you soon.

WHAT I’M READING

“Competition is so fierce that you have to create something remarkable in order to succeed. Something remarkable is worth talking about. Worth noticing. Exceptional. New. Interesting. The opposite of remarkable is very good.” (Credit: Seth Godin, author of Purple Cow)

———————————————————————————————————–

FINAL THOUGHTS

Tell me this:

What’s the main challenge you’re having with your business right now?

Email me at [email protected] and let me know.

I love to hear from subscribers and I read every email.

Talk to you soon.

WHAT I’M READING

Bill Gates dropped out of college at 19 because he thought a computer should be on every desk in every home. You only do that when you have relentless confidence in your abilities. (Credit: Morgan Housel, Save Like A Pessimist, Invest Like An Optimist)

———————————————————————————————————–

FINAL THOUGHTS

Tell me this:

What’s the main challenge you’re having with your business right now?

Email me at [email protected] and let me know.

I love to hear from subscribers and I read every email.

Talk to you soon.