2min chapter

Entrepreneurial Thought Leaders (ETL) cover image

David Rogier (MasterClass) - Finding the Right Motivation

Entrepreneurial Thought Leaders (ETL)

CHAPTER

Is There Virtue in Making It Iterative?

How do you know when something is a time suck versus an investment? Are you thinking, like, which idea to stop work? No, i'm thinkng about these five different levels tat attributes. One of the things i did was i actually discussed it with other friends and other investors. My list of five things and had them push, had them push me on it.

00:00
Speaker 1
And
Speaker 2
you would not recommend working out otime po time. It sounds like you there's there's virtue in making it iterative and constantly adjusting each of the levers.
Speaker 1
Yes, that's right. Yes, i tink tha's right. I think you' to be very select though, about what stuff you do. Spend time on. There's a whole lot of things when you crate the idea that sage that canbe can take your time and and and suck up that time, which doesn't help the corp idea or help test acordea. And
Speaker 2
how do you know when something is a time suck versus an investment, something that you should kill, versus something that you should feed?
Speaker 1
Are you thinking, like, which idea to stop work?
Speaker 2
No, i'm thinkng about these five different levels tat attributes. Yes,
Speaker 1
i think for that you have to li go back and think, what or t things tha're gong to make this a success or not, and really push yourself on it. So for example, if i you can spend a year of your life optimizing the health care plan of your employes, there are a thousand options to provide for it. In the beginning stages, the success of your company isn't going to be you chose health care plan a or health care plan b. So you think, k whater things are going to actually define your success? It's going to yo and so and you really have to really strip that down. One of the things i did was i actually discussed it with other friends and other investors. My list of five things and had them push, had them push me on it. And i remember talking to a friend who was like, the first thing you got to work on is getting these people to actually teach. Without that, there is no idea, rey. And you're like, sho thac i's right. Teis right. And so you have to be very strict to yourself. You really pis os all.

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