As Entrepreneurs, Perfectionism can be our biggest enemy – because it hinders us from TAKING ACTION. If we wait for the perfect moment to take perfect action, we can end up waiting forever and lose out in the game of business and in life. In today’s interview I will endeavor to learn why we need to abandon perfectionism and how we can become much more ACTION oriented by embracing Imperfectionism.

Big Ideas

Binary Mindset

  1. Perfectionists tends to think in analog with all the complexity.
  2. We need to make success binary. 0 or 1
    • Create Binary tasks for yourself
    • Define the simplest action and give it 0 or 1.

Circumstantial vs. Procedural thinking

  1. Navy seals are trained to be procedural thinkers
  2. Do not dwell on circumstances
  3. Instead think of the immediate next step/next action you can take

Chance vs. Failure

  1. A lot of failures are not real. They are more chance related.
  2. There could be 100 reasons why you failed….none of which are related to your performance.
  3. Failure is statistical
  4. It is important to distinguish between failure because of your strategy/performance v/s failure because of chance which is completely out of your control.

Interview Links

>