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Adam Verhasselt on the need to focus on critical actions

2 pointsby skmurphyover 3 years ago

1 comment

skmurphyover 3 years ago
Key Takeaway from Adam:<p>I could spend all day designing a new page on the website that&#x27;s going to organize art better and make things look a little bit nicer, or like a new form that seems more like slick and with it and conversational, instead of our current one. And I could spend all day on it--seriously--and I could tinker with it and enjoy the tinkering. But if I just spent 30 minutes trying to find six entertainment lawyers and reached out after another hour or so drafting an email with a couple of different versions, that could be worth a week of effort if I just did that. So I try to focus on being productive rather than just busy. I like Jeff Bezos, and his analogy is that it&#x27;s always &#x27;Day 1.&#x27; So I ask myself if I could only get one thing done today, what would be the most epic thing to get done? Or if I only have an hour to work on the business today, what will I do with this hour?<p>Day 1 reference from Amazon 1997 Shareholder letter (see <a href="https:&#x2F;&#x2F;s2.q4cdn.com&#x2F;299287126&#x2F;files&#x2F;doc_financials&#x2F;annual&#x2F;Shareholderletter97.pdf" rel="nofollow">https:&#x2F;&#x2F;s2.q4cdn.com&#x2F;299287126&#x2F;files&#x2F;doc_financials&#x2F;annual&#x2F;S...</a> )<p>&quot;Amazon.com passed many milestones in 1997: by year-end, we had served [...] But this is Day 1 for the Internet and, if we execute well, for Amazon.com. Today, online commerce saves customers money and precious time. Tomorrow, through personalization, online commerce will accelerate the very process of discovery. Amazon.com uses the Internet to create real value for its customers and, by doing so, hopes to create an enduring franchise, even in established and large markets.&quot;