The Execution Factor: The One Skill that Drives Success (Kim Perell, 2018)

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5 traits of execution factor

  1. Vision
    • Self-reflections
      • What could stop you from achieving your vision?
      • How to plan more time for your vision?
      • What will you give up for your vision?
      • How to realign back to your vision?
    • Getting back on track
      1. Don't get lost in thinking.
      2. Understand timing is everything.
      3. Know ideads are a dime a dozen.
      4. Make sure your vision is a business.
      5. Accept that feedback is a gift.
  2. Passion
    • Am I willing to suffer for this idea/product/business/person/company?
    • What is one thing in the past you are emotionally connected to?
    • How emotionally connected are you to this thing you are doing?
  3. Action
    • Self-reflections
      • What was your first step?
      • What happened?
      • How did it make your feel?
      • What was the results?
    • Whatever you want to start, you need to start with the first step.
    • Steps to employ before you start
      1. Identify additional action steps.
      2. Create a time frame.
      3. Build in accountability.
      4. Anticipate possible obstacles.
      5. Create a list of resources.
      6. Create a review process.
    • Techniques for taking action
      1. Follow the 40-70 rule (% of fact).
      2. Consider the worst-case scenario.
      3. Find out what is missing.
      4. Assess  the risk of inaction.
      5. Avoid the "when ... then" trap.
      6. Identify the best thing that could happen.
  4. Resilience
    • Everything takes twice as long, costs twice as much, and takes twice as much energy as you anticipate.
    • How did you react and learn from your previous setback?
  5. Relationships
    • What are your values and non-negotiables?
    • Build, connect and inspire
      1. Get to know those around you.
      2. Recognise and leverage differences.
      3. Give yourself up for win-win scenarios.
    • Maintaining relationships
      • Send thank you or congratulation notes.
      • Remind people you are thinking of them.
      • Don't make excuses about how everyone is too busy to be disturbed.
      • Acknowledge and show appreciation for people at every opportunity.
      • Include others "at the table" to connect.

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