Tag: Business Fundamentals

  • Ideas Are Worthless Without Action

    Ideas Are Worthless Without Action

    If you have any interest in personal development or success literature, books about getting better at things, business, or life in general, you have probably heard of Earl Nightingale. He was one of the first people in that space.

    A lot of his material is on YouTube now. Originally, it was on records.

    One of the programs he had was Lead the Field. In it, he talked about the idea that your success, or your compensation, is directly related to the amount of service you give to other people. He also said that if someone spent an hour every day simply thinking about how they could improve their service to others in what they do, they would never want for customers or money.

    That is true as far as it goes. But it is not enough.

    Thinking is not enough. You have to do something.

    You have to act on those thoughts, which is what most people do not do. They come up with big plans about how they are going to serve people, but they never follow through. Most of the time, they do not even do the small things.

    When you look at really successful people, you can usually break it down to one to three things they do every day. Those things are often repetitive and boring. They would drive most people crazy.

    The difference is that these people either love doing them or are willing to do them anyway. Think of an athlete who trains every day, running the same drills over and over until they are great.

    Most of us could not stick with that.

    The same thing shows up in business. One thing I do every day is track comps on lots and acreage in North Texas.

    It is not the most exciting thing in the world. Not necessarily fun. And when there are other pressing matters it is something that would be easy to skip. But I was able to train myself to do it every day where it doesn’t pile up.

    Or at least every weekday.

    After sticking to it and doing it for several years, I now have an invaluable resource. When someone asks me what something is worth, or what has sold around it, I can tell them quickly. I do not have to spend hours digging for answers.

    Which helps landowners too. Which in turn helps me even more. All because I didn’t just have the idea, I acted on it.

    If you own lots or land and want to see it in action, get started here:

    PS – If this was useful, feel free to forward it to someone who might need it.