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Book summary
by Kim Perell
Premium summary · Opens in the app · 5 min read
The Execution Factor will show you how to become successful by utilizing the power of vision, passion, action, resilience, and relationships that propelled author Kim Perell from unemployed and broke to a multi-millionaire in just seven years.
The Execution Factor will show you how to become successful by utilizing the power of vision, passion, action, resilience, and relationships that propelled author Kim Perell from unemployed and broke to a multi-millionaire in just seven years.
Whatever vision it is that you’ve chosen to pursue, be sure that it’s one that aligns well with who you are. Even though your ultimate plan is framed on more of a grand scale, test out the waters first on a smaller scale.
An example would be if your vision is to be a professional writer, it might be a good idea to start a blog and begin writing on a set schedule. Be sure the posting frequency is challenging, but not so overwhelming that you can’t meet the commitment. This is a sure way to get discouraged and abandon it altogether.
It might be that writing is not what you really want and by testing the waters and taking on the no-stakes commitment, you can change course and readjust, rather than quitting your full-time gig and end up worse off than when you started. If your vision does align with who you are, that’s great and you can keep taking steps toward that end.
Prioritize those tasks that relate to your vision. This also means you will want to scale back or eliminate completely those activities that detract from your vision. Watching television or gaming time are some optional activities that you might want to de-prioritize in order to devote more focus to your passion.
Taking action in pursuit of your vision is essential, even if it’s small, incremental steps. You’re like a driver with a destination and a full tank of gas. But if you don’t ever put your foot on the gas pedal, you will never get any closer to your destination. Do something that takes you closer to following your passion and achieving your vision. So where do you begin? There could be a number of roads that you can take to reach the destination. Overthinking it too much can lead to frustration, paralysis and becoming too overwhelmed can actually lead to inaction. So the key is to just do something – anything that will be a step forward. Choose one path and move. This doesn’t mean that you can’t stop, rethink and change your course. Maybe begin by keeping your current job and making your vision a side hustle. This is what I, and many other writers are doing. As we pursue our passion as writers, most of us are building something while also working at some other full-time job. As we continue to make those incremental investments toward our passion we become better writers and our opportunities…
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Get the complete summary in the appTest out your vision, remind yourself of it often, and make it a priority.
Do something, no matter how small, that will take you closer to following your passion and achieving your vision.
A resilient person not only withstands the winds of fate but also harnesses them to grow.
"The Execution Factor" is a strong fit if you want practical ideas around business, entrepreneurship, money—especially themes like test out your vision, remind yourself of it often, and make it a priority; do something, no matter how small, that will take you closer to following your passion and achieving your vision. The MinuteRead summary distills these concepts into a focused read, whether you're deciding whether to buy the book or applying its lessons at work.
Kim Perell is 9X founder, 2X best-selling author, investor in 100+ companies, acclaimed speaker and a proud mom of four. She started her first company from her kitchen table at 23 years old, became a multi-millionaire by the time she was 30, and sold her last company for 235 million dollar. While simultaneously running multimillion dollar companies, Kim has dedicated her life to empowering the next generation of business leaders. She shines as a dynamic TV and media personality on Entrepre…
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