The 3-2-1 Rule for Project Prioritisation

A note to young leaders. When mentoring, I’m often asked how best to prioritise various projects and objectives. Here’s a rule of thumb that I’ve found helpful as a guide. I call it the 3-2-1 rule. At any given time, you should aim to progress: Three “Horizon 1” projects (impact within 18 months) Two “Horizon […]

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The Power of Asking the Right Interview Question

A note to young leaders. When I interview, I never ask the cliché question: “So tell me about your biggest weaknesses.” It’s unfair and unrealistic to expect candidates to show that much vulnerability in a job interview. But one question I almost always ask is: “OK, assume you could only use three words/phrases to describe […]

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It’s Not the Hours, It’s How You Make People Feel

Lessons from my father. When I was in my late teens, I said rather casually about a guest who had just left our house: “That guy is a workaholic.” Dad pulled me aside and said: “Son, it’s not for you to judge whether someone is a workaholic or not. It’s for his wife and children […]

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Keep Your Strategy Simple and Execute Relentlessly

A note to small business owners. In 2000-2002, I worked with the late, great John R Caldon looking at private equity investments in the SME space. These companies typically had revenues in the $1m – $10m range. We looked at an accounting business that had an elaborate 60-page business plan, including an extensive section on […]

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Real Estate Is Only as Good as the Company It Keeps

A note to real estate investors. Real estate is like people, it’s only as good as the company it keeps. So when looking to acquire a real estate asset, spend as much time researching the neighbouring properties. Are they owned by clever, imaginative, can-do people, who are likely to revitalise them and bring a sense […]

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