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The 4 disciplines of execution
Two weeks ago my mentor recommended that I check out the book “the 4 disciplines of execution” by Chris McChesney.
The book talks about your great idea (that one thing that will take you to the next level) and “whirlwinds” which are necessary every day things that keep your business running, but won’t push you to the next level.
While reading this book I realized I was writing my goals wrong the whole time.
I have one goal. It’s simple, acquire an 8-20 unit building that meets my criteria by 12/31/20. Therefore, I only have 2 main lead actions that will help me reach my important goal:
1. Call or follow up to 250 owners every 2 weeks
2. Analyze every deal within 24 hours of receiving the financials from seller
The problem is I have so many whirlwind tasks that needs to be completed every day that keeps the business alive but does not really help me reach my goals like:
1) answer emails
2) talk to property managers, brokers, lenders
3) post article daily on Biggerpockets
4) read books
5) etc.
Problem is I used to write all of my big dream key performance indicators (KPI) and whirlwind tasks on same daily to do list for every 12 weeks.
However, the book recommends you should have a simple and easy to read “scoreboard” to show the score of if you are winning or losing on your KPIs.
Now I’m trying think how do write my daily KPIs and whirlwind tasks that needs to be completed every day? Should i keep separate excel worksheets for my KPIs and whirlwind tasks?
How do you organize your daily KPIs that brings you closer to your big goal and your daily to do list on paper?