Reducing your strategic focus to only a few key projects is the best way to accelerate your progress. But while it sounds good, doing it for real is hard.
As you suggested, I listened to the three hour "Acquired" podcast on Costco.
They did just what you described, and in fact frequently give up opportunities to earn a quick (but very big) buck in favor of sticking to their long-term strategy.
This kind of discipline is amazing. They clearly have some hard-fought rules which prevent them from being distracted.
This is such an important article.
As you suggested, I listened to the three hour "Acquired" podcast on Costco.
They did just what you described, and in fact frequently give up opportunities to earn a quick (but very big) buck in favor of sticking to their long-term strategy.
This kind of discipline is amazing. They clearly have some hard-fought rules which prevent them from being distracted.
I want all my clients to have the same.