This week the guys talk about Planning Versus Action and the importance of the two!
Often in the business and entrepreneurship world there is a large amount of time that is spent on planning towards your goal. Thoughts and ideas are put down in effort to try and achieve success. What if you never take action though? Can your goals be achieved or will they just be dreams that never became reality. On the flip side though, can you achieve your goals by taking action without plans? Most the time the answer is yes! You may fail or stumble along the way but odds are you will find success!
On this episode the guys discuss what percentage they feel is correct in order to have the right amount of planning vs action. Matt also touches base on his Ennegram personality test that relates to how he plans, for more on that listen to our entire episode on it here!
We discuss Elon Musk “5 Minute Rule” in which he plans out his day in 5 minute time blocks the evening prior! This is coming from one of the most successful entrepreneurs in the world.
The Pareto Principal is also touched on in how the 80/20 rule affects the amount of time needed on planning vs taking action.
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