Success often comes from doubling down on a working strategy, yet many abandon it out of boredom. The desire for novelty overpowers the desire for results. The simple, effective process is: experiment broadly, find what works, double down until it stops working, then repeat.

Breakthrough companies often succeed not by iterating endlessly, but by 'planting a flag'—making a strong, often contrarian bet on a core thesis (e.g., email-first media) and relentlessly executing against that vision, even when it's unpopular or lacks momentum.

Entrepreneurs who frequently pivot to chase the latest money-making trend—be it crypto, cannabis, or real estate—cannot win long-term. They will always be outworked by competitors who genuinely love the industry and the process, making passion a prerequisite for sustainable success.

The temptation to switch to a shiny new opportunity ignores the significant head start you've built. Even if the new venture grows faster initially, you lose years of compounded knowledge and progress, leaving you behind where you would have been by sticking with it.

The most difficult pivots aren't from failing ideas, but from successful ones. The ultimate test is your willingness to abandon a stable, profitable business ("good") that you're known for in pursuit of something potentially phenomenal ("great"), even when the outcome is not guaranteed.

Instead of chasing trends or pivoting every few weeks, founders should focus on a singular mission that stems from their unique expertise and conviction. This approach builds durable, meaningful companies rather than simply chasing valuations.

An "Earned Elevation" is a strategic move from a position of strength after mastering a domain. Conversely, an "Impulse Pivot" is a reactive change driven by boredom, comparison, or chasing trends. Recognizing which type you're considering is crucial, as impulse pivots rarely succeed.

Maximum growth occurs during 'boring' periods of repetitive execution, not exciting periods of innovation. Many leaders, craving novelty, mistake this valuable stability for stagnation and prematurely introduce disruptive changes that hurt the compounding returns of a team mastering its craft.

The true cost of becoming great at one thing isn't the work, but the discipline to ignore all other 'shiny objects.' Success comes from the paths untaken. The fear of missing out (FOMO) is the price of focus.