Larry Namer says he reviews his projects each night and asks whether they are still worth pursuing. Richard C. Wilson reflects on how that habit can help people avoid spending time on projects that are no longer working.
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About the guest
Larry Namer. Larry Namer is described as the founder of the E-Channel, which sold for $3 billion. He reviews his projects each night to decide whether they are still worth his time, energy and money.
Key takeaways
- Namer reviews the projects he is committed to each night before bed.
- He considers what he spent the day working on and whether each project is still worth his effort.
- He asks whether a project remains a good idea and deserves more energy and money.
- If an idea no longer seems likely to work, he is willing to move on.
- Changes in technology, timing or priorities can affect whether a project remains worth pursuing.
- Richard says perseverance and grit have contributed to his own success, but they do not make every project worth continuing.
- The transcript suggests that only a few projects may be worth treating as sacred commitments through every challenge.
- Wilson plans to review his own projects and consider whether they still have potential and momentum.
- Wilson encourages viewers to define signs that a project is not working and decide when to stop investing time in it.
Best quotes
"he reviews his projects every night before bed"
"he looked at what he's committed to what he spent his day on he asked himself is this still worth working on is this still a good idea should I put more energy and more money into this project"
"he says often times the answer is no"
"I thought this idea was going to work I don't think it's going to the technology doesn't work or the times have changed or priorities have changed and let's move on"
"this is someone that's built a business that sold for billions of dollars and it shows how nuanced and you know careful you have to be in thinking through your investment of time"
"his answer would be very very few"
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