![]() Make a list of the blind spots or things that could go wrong with each decision. Figure out the breakeven point of each project.What are the impacts on your revenue and cost? Calculate the return for each solution.Is it a 3-month project or a 6-month project? Determine the time investment of each solution.Determine the money investment of each solution.The more choices you have, the better are your decisions Find at least 3 alternative solutions to a given problem.Return on the money and time involved in the decision Time. How much time will it take or save.Investment. How much will it cost or save.Instead of reacting emotionally to problems, use the Investment Time Return (ITR) formula to reach an objective conclusion. Don’t put band-aids on problemsĮmbrace Math And Use Investment Time Return (ITR) Focus on permanently solving a problem.You can’t solve problems without knowledge Wasting time and effort on why things went wrong is not productive Don’t care about being right or wrong.Having more data leads to making better assumptions The eight traits to become a great processor: Poor processors play the victim and blame others and external events rather than seeing how they contributed to the problem. Great processors see their role in whatever problem has occurred. Playing out strategies, seeing the hidden consequences, and sequencing a series of moves to permanently solve problemsīut to be great at processing problems, you need to take responsibility whenever you can.Subjecting every difficult choice, problem, or opportunity you face to a rigorous mental analysis.The ability to make effective decisions based on access to information at hand with the highest odds in your favor.The key to success at all levels of business is to “know how to process issues.” Move 2: Master The Ability To Reason The Incredible Power Of Processing Issuesīefore you act on a problem, you must first “process” what’s happening. For any company to be great, it needs to act like a great company long before it ever became one. You will never reach your goals unless you act like the person you want to be from the very beginning. This means writing lots of code and applying it to real-world scenarios. If you want to become a great programmer, you have to work like you were a programmer right now. Once you find a market where you can win, you need to transform your potential into results.īy embodying who you want to be right now. Instead, find a game in which you have a differential advantage.” Is there some additional benefit your competitor has that you can’t beat, no matter what you do?.Have you educated yourself about the competition?.Do you need to acquire specific resources before you can compete?.Do you possess the necessary resources to compete?.Is this a place where you believe you can do well, given who your competition is?.Process the competitive landscape by asking: Rather than competing in games where you’re an underdog, find unexplored new markets in which you can win.Įxamine both your unique skill set and the competitive landscape to find your “Blue Ocean”. What does the greatest version of yourself look like?.How do you want to make an impact on other people’s lives?.To solve this, you need to dive deeper into your Purpose. People often feel lost after a big deadline because their driver is suddenly gone. However, a driver can stop to work in your favor. You can have more than one type driving you. Self-actualization and having a positive impact on others Competing against others and proving you are the best at what you do Having the lifestyle you desire and the security to do so Wanting to reach the next goal (promotion, deadline, or task) You can break down Drive into four categories: When you’re working on something you deeply care about, you will find the enthusiasm to make life a great adventure. “If you’re looking to disrupt an industry, you’d better be armed with the right story, right team, right data, and right strategies.” Making a plan and committing to it will unleash all the energy and discipline you’ll ever need.īut to develop a worthwhile plan, you need to answer the question: “Who do you want to be?” “You need to identify what matters the most to you to put a strategy together that fits your level of commitment and vision.” Move 1: Master Knowing Yourself Know What You Want Great book for everyone looking to find their path. Patrick Bet-David shares how to master the art of Business Strategy with actionable advice and systems. Your Next Five Moves explores how you can improve your business and your life by learning how to strategize. If You Overdose on Anything, Overdose on Speed.How To Make People Accountable For Growth.Embrace Math And Use Investment Time Return (ITR).The Incredible Power Of Processing Issues.
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