Greg McKeown: Essentialism - The Disciplined Pursuit of Less | Summary and Q&A

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February 10, 2014
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Stanford Graduate School of Business
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Greg McKeown: Essentialism - The Disciplined Pursuit of Less

TL;DR

Success can lead to a lack of focus, making it crucial to prioritize and eliminate non-essential tasks.

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Key Insights

  • 🥺 Success can lead to a loss of focus and an abundance of options, which can be detrimental to long-term success.
  • ❓ The disciplined pursuit of fewer, but better, tasks is crucial for sustained success.
  • 🤔 Developing a routine that provides space for thinking and decision-making is necessary in a world filled with distractions.
  • 🚱 Saying no is a skill that essentialists practice and develop, enabling them to prioritize the essential and reject the non-essential.
  • 🥺 Essentialism can lead to increased work performance and personal satisfaction.
  • ❓ Becoming an essentialist requires a willingness to go against the norm and make choices that prioritize the essential.
  • 🥺 The undisciplined pursuit of the non-essential can lead to a lack of fulfillment and wasted time.

Transcript

I've spent the last 15 years pretty obsessed by a single question. Which is, what is it that holds capable driven people from breaking through to the next level. And the answer to that question to my great surprise is success. I first observed this working with executive teams in Silicon Valley where I noticed that when they were focused on a few t... Read More

Questions & Answers

Q: How does success become a catalyst for failure?

Success can lead to the undisciplined pursuit of more, which can diffuse focus and lead to failure. Having too many options and opportunities can cause people to lose sight of what originally led to their success.

Q: Why is developing a routine important for essentialism?

Developing a routine that allows time for thinking and discerning priorities is important because it provides the necessary space to separate the essential from the non-essential. With so much information and distractions, having dedicated time for reflection and decision-making is crucial.

Q: How can essentialists become comfortable saying no?

Essentialists practice and learn to say no by pushing back gracefully, sensibly, but unapologetically. It requires developing a repertoire for saying no and realizing that saying no to non-essential commitments saves time and allows for focus on what truly matters.

Q: How can essentialism positively impact work performance?

By focusing on the essential tasks and saying no to non-essential commitments, individuals can increase the meaning and value of their work. This can lead to reduced stress, improved performance, and recognition within their organization.

Summary

In this video, the speaker discusses the concept of essentialism and its importance in achieving success. He explores how success can actually hinder progress by leading to a lack of focus and an overwhelming number of options. The antidote to this problem, he suggests, is the disciplined pursuit of less, but better. This involves identifying and prioritizing the critical things you want to pursue, eliminating the rest, and creating a platform for effortless execution.

Questions & Answers

Q: What is the main question that the speaker has been obsessed with for the past 15 years?

The speaker has been focused on the question of what holds capable and driven individuals back from reaching the next level of success.

Q: According to the speaker, why does success often lead to failure?

The speaker observed that success can actually breed more opportunities and options, which diffuse the very focus that initially led to success. This phenomenon, known as the undisciplined pursuit of more, can ultimately result in failure.

Q: What is the solution to the problem of success breeding failure?

The antidote to the problem of success leading to failure is the disciplined pursuit of less, but better. This involves exploring the critical things that are essential to pursue, eliminating everything else, and building a platform for effortless execution.

Q: What does the speaker believe is the problem when it comes to discerning between what is essential and what is not?

The speaker argues that the problem is not our ability to discern between what is essential and what is not. Instead, the problem lies in not having the space and time to take the necessary time to discern.

Q: How does the speaker suggest creating the space and time to discern between what is essential and what is not?

The speaker suggests developing a routine that creates the necessary space for thinking. This routine may involve setting aside dedicated time each day to turn everything off and think about the bigger picture, as exemplified by the CEO who has 2 hours on his calendar every day for this purpose.

Q: Why do people find it difficult to say no?

People find it difficult to say no because the idea of saying no to senior leaders, family members, or others is often seen as unthinkable. They fear the consequences of saying no and therefore avoid it altogether.

Q: What is the advantage of developing the skill of saying no?

Developing the skill of saying no can have significant benefits. It enables individuals to eliminate people and commitments that do not align with their priorities, thus saving them time and energy for things that truly matter. It allows individuals to focus on what is essential and make a more valuable contribution.

Q: How did one executive's experience support the argument for essentialism?

Initially, this executive said yes to almost everything in order to be a good citizen to his new company. However, this led to increased stress and a decline in the quality of his work. When he started selectively saying no and focusing on the essentials, he found that the meaning of his work increased, its value to the company improved, and his stress decreased. As a result, he received one of the best performance evaluations and largest bonuses of his career.

Q: Is becoming an essentialist an easy task?

No, becoming an essentialist is not an easy thing. It requires a revolutionary mindset where you will often find yourself saying no when others are saying yes, and vice versa. It demands discipline and the willingness to prioritize what is truly essential.

Q: What is the potential consequence of not practicing essentialism?

According to the speaker, anything less than the disciplined pursuit of the essential will ultimately lead to the undisciplined pursuit of the non-essential. This is a price that few of us would deliberately choose to pay.

Takeaways

The speaker emphasizes the importance of essentialism in achieving success. Success, if not managed effectively, can lead to a lack of focus and an overwhelming number of options. To combat this, individuals should prioritize and pursue the essentials, eliminating everything else. Creating space and time for thinking and developing the skill of saying no are crucial aspects of essentialism. By focusing on what is truly essential, individuals can make a more valuable contribution and avoid the trap of pursuing non-essential tasks and commitments.

Summary & Key Takeaways

  • Success can breed opportunities and options, which can diffuse focus and lead to failure.

  • The key to success is the disciplined pursuit of fewer, but better, things.

  • Developing a routine that allows time for thinking and discerning priorities is crucial.

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