Achieving Greatness: The Buffett Rule (And Steve Jobs’ Too)

“It’s all about focus,” says Towson. “You’re not going to accomplish 25 things in your life. If you really focus long-term you can do three to five big ones, maybe. And the impediment to your not having focus is numbers 6 through 25, because those are the things you’re interested in. Those are your biggest potential distractions.”

I Just Discovered Warren Buffett’s 25/5 Rule and It’s Completely Brilliant

According to another story I read a few years ago, Steve Jobs gave similar advice to Larry Page, Google’s co-founder. Jobs told Page to focus on a few things rather than invest Google’s efforts and resources on several. Greatness is achieved through focus, which requires both intentionality and discipline. Those who achieve it know what they are great at, instead of doing too much of what they are just good at. As Jim Collins said in his seminal work, Good to Great: Why Some Companies Make the Leap and Others Don’t, “good is the enemy of great.”

The tyranny of good ideas will prevent a leader and his/her team from executing on the really great ones. What will we say no to as a leadership team? What will we not do this year? Those are essential questions for all of us today.

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