Learning More vs Doing More

4 snips

May 7, 2024

Mercer, a business growth advocate, and Jeff discuss the balance between learning and doing in business, emphasizing the need to apply new skills. They highlight the benefits of continuous improvement, setting clear goals, and encouraging proactive behavior among team members. The conversation also explores overcoming fears, transitioning from learning to action, and mastering essential skills for business growth.

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Introduction

00:00 • 3min

Balancing Learning and Doing for Growth

02:30 • 17min

Implementing Feedback for Team Growth

19:39 • 6min

Exploration of Fear in Decision-Making and Growth

26:01 • 5min

Transitioning from Learning to Action

30:34 • 2min

Topics Covered In This Episode

Foundation of Growth: Mercer and Jeff delve into the crucial balance between learning and doing in business, both agree it is necessary to apply newly acquired skills. They advocate for setting quarterly priorities for both learning and implementation to foster business growth and maintain a competitive edge.
Continuous Improvement: Mercer highlights a transformative approach to business learning—shifting from a focus on being right to prioritizing being "less wrong." He discusses the benefits of revisiting and applying knowledge continuously to enhance skills and insights, underscoring the importance of action and feedback in the learning process.
Entrepreneurial Learning Curve: Mercer and Jeff explore the concept of gradual progress and leveling up in business. They stress the importance of having robust internal systems and processes to handle the dynamic nature of entrepreneurship and to reach significant inflection points in business development.
Team Management Challenges: The duo reflects on challenges with team members who learn but fail to take action, sharing strategies for encouraging ownership and proactive behavior. They discuss setting clear goals, providing constructive feedback, and the delicate balance between personal and company objectives.
Mastering Essential Skills: The discussion touches on common pitfalls in business growth, such as neglecting essential areas like paid traffic due to a lack of action or fear of failure. They emphasize the need to confront these fears and engage in areas outside of one’s comfort zone to maximize growth opportunities.
Overcoming Personal Barriers: The podcast concludes with personal stories from Jeff and Mercer on overcoming fear and embracing uncertainty. They encourage listeners to challenge their limitations and take decisive steps toward business success.

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