10 Rules for Growth Firms from Jim Collins

June 1, 2012 0 Comments

Verne Harnish, a long-time friend and one of the only business guru’s I follow, passed along these 10 Rules from Jim Collins, the author of Good to Great.

  1. Change “what” questions to “who” questions
  2. Double your question to statement ratio
  3. Embrace the “Stockdale Paradox” – keep getting up when knocked down
  4. Discover your personal “hedgehog” – what are you both passionate about and best at
  5. Be clear your Core Values, Purpose, and BHAG
  6. Establish a 20 Mile March
  7. Create a “Stop Doing” list
  8. Turn-off electronic gadgets one day every two weeks
  9. Focus on getting a huge return on your next “luck event.”
  10. Strive to be useful (would the world miss you if you/your company was gone?)

Check out Verne’s website with a ton of free resources for entrepreneurs.



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