Where is your best effort going?


Hey Reader,

I was thinking about this story I remember Alex Hormozi shared on the My First Million podcast a few years ago.

He said that Russell Brunson had given him some key advice that changed his career. Alex was running six successful gyms, sleeping on the gym floor, generating incredible returns on his marketing.

But Russell told him: "You're in a level 2 opportunity with a level 10 skill set."

Alex was applying world-class execution to a business model with limited upside. Russell suggested he teach other gym owners his system instead. Alex took the advice, pivoted to licensing his model, and did $26 million in year two.

But I think there’s an additional metric to consider: effort.

It's not just skill and opportunity. It's opportunity, skill, and effort. I often see clear opportunities where Kit could grow faster, or where my personal brand could have more impact. But in the places where I may be only bringing a 5/10 effort to these opportunities, it can be frustrating.

Most often, it's simply that I'm trying to do too many things.

Every project in your business sits somewhere on three scales:

  • Opportunity size: What's the potential upside?
  • Skill level: How good are you at this thing?
  • Effort level: Are you willing to bring the energy and focus needed?

Creators tend to be strong on skill. They're good at what they do. Many have identified real opportunities. But they're spreading their effort across too many things.

Look at how you spent your time last week. For each major activity, rate yourself on opportunity, skill, and effort using a scale of 1 to 10. Multiply those three numbers. Your highest scores are probably where you should double down. Your lowest scores are what you should eliminate.

I often find myself in situations where I can see a great opportunity, I have the skills to execute well, but I'm not bringing the effort needed because I'm juggling other priorities.

The assessment isn't the hard part. The hard part is saying no to everything else once you know where to focus.

For any problem you have, map where you were six months ago, where you are now, and what 10/10 would look like in each dimension. Then make the choice about what deserves your full effort.

I had the opportunity to do some really interesting speaking engagements recently. They would have been fun, valuable for building my personal brand, and I genuinely wanted to do them. But I said no because this quarter needed to be about focusing on Kit's revenue goals. That's where my highest opportunity, biggest skill, and focused effort can create the most value.

Find your 10/10 opportunity in an area where you have skill, and bring 10/10 effort to match it.


video preview

PODCAST

The Harsh Truth About Online Courses (And What Works Now)

After 15 years designing training for IKEA, Google, and Amazon, Erin Green developed her Hook to Habit framework—a method for turning expertise into learning that sticks with people.

In this episode, we get into what makes a course actually work and how to build a practice-feedback loop that helps people develop skills quickly.

You’ll learn:

  • Why confidence comes before competence (and how to build it)
  • The practice-feedback loop that accelerates skill development
  • How to design your course so people keep implementing long after it ends

Watch or listen to episode »

video preview

VIDEO

We simulated if you can really reach anyone in 6 steps

I love this Veritasium video. Derek takes the six degrees of separation concept and simulates it to see if it actually holds up.

The part that really stood out to me was how he breaks down the role of hubs and super connectors in networks.

It's one of those things that completely shifts how you think about audience growth and how ideas spread.

Watch video »

THE NATHAN BARRY SHOW

Want to come on my podcast in December?

I have a few spots left for our December podcast recording event. We'll have a group come to Boise to batch record episodes with me over two days at Kit Studios.

Whether you want to share your story in an interview format or have me help coach you through a business challenge up on the board, it's a chance to create something useful while getting direct time with me.

You can also record any other content you want at Kit Studios while you're here.

Apply here »

Have a great week!

—Nathan

Nathan Barry

I'm a designer who turned into a writer who turned into a startup CEO. My mission is to help creators earn a living. Subscribe for essays on building an audience and earning a living as a creator.

Read more from Nathan Barry
Potential vs realized leverage

Hey Reader, Have you ever spent a whole day on something almost nobody saw? It's painful when the whole reason you worked hard was because you wanted to reach people. If you teach a workshop in person, you reach the 20 people in that room. But if you record that same workshop once, you can keep teaching for years on autopilot. This is the concept of leverage, and it's something I talk about in my upcoming book, The Ladders of Wealth (you can pre-order it now). A lot of people will look back...

Hey Reader, “But you’re a software company…” That’s what Tim Grahl said to me over dinner the night before Craft + Commerce a couple years ago. I had just walked him through everything we were about to announce from stage the next morning. Changing our name to Kit. Launching an App Store. Building recording studios for creators. The first two made sense to him. But the studios didn’t. Back in 2018, I pitched our team on physical locations for creators. I had a slide presentation and...

Kit Subscriber Signals

Hey Reader, When you hit a wall in your business, your first instinct is to ask what: What strategy am I missing? What should I do differently? Those are good questions. But there’s a shortcut. Ask who: Who already has the relationship I need? Who has the audience I want to reach? Who could open the door I’ve been knocking on? If just one of the right people started paying attention to you, it could make a huge difference in your business. Maybe it’s a sponsor, evaluating whether your...