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The Tom Ferry Podcast Experience

Too Many Open Loops | Mindset Monday

The Tom Ferry Podcast Experience

Tom Ferry

Education, Business, Self-improvement

4.71.1K Ratings

🗓️ 3 December 2021

⏱️ 2 minutes

🧾️ Download transcript

Summary

We all have a ton of ideas. And ideas are great… unless you fail to execute on any of them. I want to talk to you about the disconnect between what gets your brain moving around in open loops and what gets it moving forward, because an idea doesn’t mean anything without the commitment to pull it off. So, make sure you watch or listen, and let’s start closing the loops

Transcript

Click on a timestamp to play from that location

0:00.6

Too many ideas, not enough execution.

0:03.1

I see it over and over and over again.

0:06.0

We're always looking for the shiny penny.

0:07.7

We're always looking for that new thing

0:09.7

that's gonna allow us to separate ourselves

0:11.5

from the competition and not have to work.

0:14.2

All of the money, my friend, all of the money is an execution.

0:18.8

It's taking your business plan,

0:20.3

raking it down in the daily brilliant basics

0:23.0

and doing that.

0:24.0

But I got a second part of this.

0:25.9

When you also have too many ideas

0:27.5

racing through your head,

0:28.7

you also have too many open loops.

0:30.4

We just have shared with you before.

0:31.8

And when you have all these open loops,

0:33.2

you know what happens?

0:34.4

You actually create inaction.

0:36.1

Cause you're like, I don't even know what to do.

0:37.8

And I don't know where to start.

0:39.2

And should I do this one?

0:40.2

And should I do that one?

...

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