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Executing a winning strategy

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Executing a winning strategy

  1. 1. Executing a WinningEntrepreneurialStrategy: Dr. Michael R. Burcham10 Things To e. michael@michaelburcham.comRemember! w. www.michaelburcham.com t. www.twitter.com/michaelrburcham f. www.facebook.com/michael.r.burcham l. www.linkedin/in/michaelburcham
  2. 2. 1 Michael’s “Top 10” Thoughts For Executing a Winning StrategyFailure is not a Rite of PassageLearn from your successes not your failures.This is how nature works – evolution doesn’t lingeron past failures, it’s always building on what works
  3. 3. 2 Michael’s “Top 10” Thoughts For Executing a Winning StrategyMake a Dent in the UniverseMake a difference and be part of somethingthat’s important.If you are going to do something – do somethingthat matters.(Shake things up.....in your industry)
  4. 4. 3 Michael’s “Top 10” Thoughts For Executing a Winning StrategyScratch Your Own ItchMake something that you want to use – when yousolve your own problem you know exactly whatthe right answer is.Plus you’ll know the problem and the value of thesolution immediately
  5. 5. 4 Michael’s “Top 10” Thoughts For Executing a Winning StrategyStart Making SomethingWhat you DO is what matters.Not what you think or say or plan – and certainly nothow you “feel”.Ideas are cheap and plentiful.The real test is how well you execute what you do.
  6. 6. 5 Michael’s “Top 10” Thoughts For Executing a Winning StrategyNo Time is No ExcuseThere’s always enough time if you spend it right.If you constantly fear about timing things perfectly.They will never happen.It is your responsibility to make your dreams cometrue.
  7. 7. 6 Michael’s “Top 10” Thoughts For Executing a Winning StrategyDraw a Line in the SandWhen you don’t know what youbelieve, everything becomes an argument.Everything is debatable.But when you stand for something – decisions areobvious.Great Businesses and Great Leaders have a pointof view and a backbone!
  8. 8. 7 Michael’s “Top 10” Thoughts For Executing a Winning StrategyYou Need Less than You ThinkGreat companies start in garages all the time.Yours can too!(In today’s service economy, you don’t need that muchinfrastructure)
  9. 9. 8 Michael’s “Top 10” Thoughts For Executing a Winning Strategy½ Products vs. ½ Assed ProductCut your ambition in half – you are better off with a kick-ass half than half-ass whole.Lots of things gets better by getting smaller.
  10. 10. 9 Michael’s “Top 10” Thoughts For Executing a Winning StrategyQuick WinsMomentum fuels motivation – get in the habit ofaccomplishing small victories.The longer something takes, the less likely youare going to finish it.
  11. 11. 10 Michael’s “Top 10” Thoughts For Executing a Winning StrategyCare About Execution • Can we execute this idea? • How fast? When can we start work? • Which team member will do it? • What metrics to track progress? • What will we push back to work on this?

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