Episode #44: Abundance: Big Picture & Long-Term Mindset Drives Success
Abundance: Big Picture & Long-Term Mindset Drives Success Scarcity kills your aptitude to increase surface area for success Author Graham Peelle February 05, 2024 Join “Build 10x Scale” - Connecting managers, execs, & founders, creating the next level of Performance, Leadership, & Culture. Be the boss you wanted: Scale your biz 10x. Open now at a low introductory price for the first 20 members ($19/mo, cancel anytime). Launching 3.4.24. Abundance: Big Picture & Long-Term Mindset Drives Success Scarcity kills your aptitude to increase surface area for success Zero to One: Think for yourself I’m enjoying reading some of the great business books, so thought I would listen to one this weekend as well. “Zero to One”, by Peter Thiel was as good as advertised. This book has so much perspective from what real business is actually like and what works to accomplish great things, and also has some great views back into the PayPal Mafia and great stories of monopolies, Microsoft, Google, etc. Great to hear some of the fundamentals from one of the greatest builders and investors of the modern era. Here are a few of the quotes and thoughts from “Zero to One”: “Bureaucratic hierarchies move slowly and entrenched interests shy away from risk. In the most dysfunctional organizations, signaling that work is being done, becomes a better strategy for career advancement then actually doing work. If this describes your company, you should quit now” “The first step to thinking clearly is to question what we think we know about the past” “The most contrarian thing of all is not to go against the crowd but to think for yourself” Losing sight of what you’re working towards is dangerous “The Challenge of the Future” “All Happy Companies are Different” “You are not a lottery ticket” “Follow the money” “Foundations” “No company has a culture, every company is a culture” “the future won’t happen on its own”, “it’s up to us” “find singular ways to create the new things that will make the future not just different, but better. To go from Zero to One. The essential first step is to think for yourself.” Recently, I have experienced a tidal wave of introspection about what matters in business and what the keys to success are for the 3Ps: performance, partnership, and profitability. Reconnecting with industries, companies, and people from years ago has triggered some connectivity of past experience coupled with refreshed perspective. Business Principles Discover the power of core business methodology for a service-based business Customer obsession must be paramount with your external and conscious mindset for each individual contributor, while leadership must prioritize employee satisfaction over customer demands Intentional action, killing busyness making way for business Commitment- on the bus or off the bus Time kills all deals, but also allows for real sustainable growth in day-to-day business - move with sense of urgency, but not in haste Everything is a test, how you respond shows your ability to learn, adapt, and overcome Love the process, finding joy in the practice and activity, don’t get caught up by outcomes only Win, with a positive sum mindset Hungry, but not desperate Do good, get good - great work yields great outcomes and incentives Give so much it’s uncomfortable for those getting, they will find a way to repay you Growth Enablers Attributes for exceptional business results, through core character traits Do what you said you were going to do Credibility and reputation builds trust Produce results - performance at a winning championship level Show up and deliver - don’t shy away from opportunity and come through for others Be kind, it pays off in the long run Do things the right way, expect the best and deliver the best Choose your hard- if it’s worth it, it’s highly unlikely that it’s easy. Lean into what’s hard that’ll make you great Quality work, striving for excellence through serving others Take smart risks, with continuous improvement layered in your daily operations Moving Forward So what does this mean…there are so many key principles and growth characteristics that can be considered and it’s important for you to distill what’s important to you, but the exercise of going through this and boiling down aspects like core values, vision, purpose, has so much power and can yield power beyond the words themselves, or even the definitions, but the connectivity the thought and feeling brings from the exercises and the connection to your business. Choose purposefully…these words, may steer your business in the right direction, or the wrong direction. Photo by NASA on Unsplash Hopefully, this added a little value to your business or your career. Thank you for reading. Please repost or share with someone who may benefit from this edition. Climb Higher | Raise Your^ROI CONTENT RESOURCES Zero to One by Peter Thiel and Blake Master Notes on Startups, or How to Build the Future http://www.amazon.com/Zero-One-Notes-Startups-Future/dp/0804139296 Founders Fund Founders Fund is a San Francisco based venture capital firm investing in companies building revolutionary technologies. foundersfund.com Graham Peelle Fractional COO & Consultant: Business Turnaround, AI/Digital Transformation, Organizational Development, & Ops Strategy grahampeelle.com Join “Build 10x Scale” - Connecting managers, execs, & founders, creating the next level of Performance, Leadership, & Culture. Be the boss you wanted: Scale your biz 10x. Open now at a low introductory price for the first 20 members ($19/mo, cancel anytime). Launching 3.4.24. OpCo — Organizations | People | Culture | Operations If a Performance Operations Culture means something to you, and you would like to be notified for content focused on challenging the status quo in the world of work, please share or repost for others, and make sure you click the 🔔 on my LinkedIn profile page. For additional daily content, check out grahampeelle.com. You can also find additional weekly articles on Medium. Climb Higher | Raise Your^ROI LEARN: Learn | Explore | Ambition | Reform | No
"Twenty years from now, you will be more disappointed by the things that you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover." - Mark Twain
The thoughts shared on this podcast, whether original content or content from others, represent my own personal views or those of other individuals, and do not necessarily reflect the opinion of organizations for which I am affiliated. This is not legal or investment advice, please seek professional advice for such advice.
