Why is Speed of Execution So Important?
Most people underestimate the importance of speed of execution, but what most people don’t realize, is that it is probably one of the most important things in any undertaking.
A lot of times, when you have investors who want to get involved in the decision making, it slows down the process. Everyone wants to feel like they are the one in control, and the discussions about what to do can drag out forever. The end result is usually some kind of compromise that leaves no one happy, obtains mediocre results, and causes a massive waste of time.
It’s just like the saying, too many cooks spoil the broth. When too many people are trying to control the same thing, the end result is always a mess.
When you have a system, and you’re in control, decisions can be made quickly for the best possible outcome. That’s why, when we work with our partners, we want them to trust the system. The strategy works, we have proof, so just let us do what we need to do so that all of us can make money. Messing with the system only means that things that need to get done get delayed, and that means the right execution times get missed, and that equals a lower return on investment.