Power tip: "The #1 CEO skill: Strategic focus," Hector Alvarado
“Success comes from strategic subtraction, not addition.”
Transcript
Ryan Castle: You're listening to the Little Teen latest Power Tips, and I'm your host, Ryan Castle. Today's tip comes from Hector Alvarado, co-founder of Optimize Business Systems. Hector's power tip is on the performance hurdle. Let's dive in.
Hector Alvarado: Today we're talking about the most misunderstood superpowers in business leadership. And that is strategic focus. Not hustle, not chaos. Not being busy. It's learning to see less and achieve more by picking fewer, bigger and more aligned targets, executing on those relentlessly. Because CEOs don't fail from lack of ideas, they fail from too many priorities and not enough focus.
Now, the first is understanding why focus wins. Most entrepreneurs think growth means adding more initiatives, more products, more meetings. High level CEOs and business owners know success comes from strategic subtraction, not addition. Jeff Bezos built Amazon on one relentless focus around that customer experience and long term thinking. Everything else was noise, so it was specifically detailed around that customer experience and that customer obsession.
Warren Buffett says the difference between successful people and very successful people is that very successful people say no to almost everything. Remember that one because you'll need to understand the power of saying no as we progress. Elon Musk, love him or hate him, runs multiple companies by focusing on clear, long horizon emissions. Electrify transportation. Make space travel reusable.
Accelerate everything. Ladders to those emissions. Lessons here is your job as the CEO is not to do more. It's to decide what not to do.
Ryan Castle: Thanks for the tip, Hector. To connect with Hector, go to levelten.us/10. While you're there, be sure to check out more Power Tips. And thanks for listening.