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- #039 – James Packer & The Quitting Framework
#039 – James Packer & The Quitting Framework
Quote, Podcast, Mental Model, Framework, Tweet.
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Welcome to the Five to Thrive newsletter
Bringing 5 interesting ideas to your inbox every Thursday morning to ignite your curiosity and drive your growth.
read online on my website
read time 3 minutes
#039 at a Glance:
Quote that will get you thinking: Doing what you love.
Podcast you should listen to: Australia’s Most Successful NFL Player.
Mental Model: James Packer’s iterative brilliance.
Framework: The Quitting Framework.
Tweet I liked: The only insults that hurt.
Quote that will get you thinking:
“If you view ‘do what you love’ as a guide to a happier life, it sounds like empty fortune cookie advice. If you view it as the thing providing the endurance necessary to put the quantifiable odds of success in your favour, you realise it should be the most important part of any financial strategy.”
Podcast you should listen to:
Straight Talk with Mark Bouris #73: Jesse Williams
Only one Australian can say he holds the NFL Super Bowl title ring, and that’s Jesse Williams.
Born in Brisbane and dreaming of playing football, Jesse was the first Indigenous Australian to receive a scholarship to play college football over in the US. Shortly after signing with the Seattle Seahawks, his NFL career was over before it really got started – Jesse was diagnosed with kidney cancer at the age of 24.
Amazing story, and even more exciting hearing what Jessie is up to now.
Jesse is an incredible guy and is even nicer (and bigger) than you can imagine in person. Have a look at this:
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/9b0e9210-b0e8-4f43-b3bc-eb7b0910118a/Screenshot_2023-12-06_212939.png?t=1701858604)
Mental Model:
James Packer’s Iterative Brilliance
Possibly one of the most valuable insights I’ve gotten in my 18 months working for Mark is his reflection on the iterative brilliance of one James Packer.
This is what Mark said when he first told me (paraphrasing):
Those who are most proficient in the business world all do something really well, and that is they prosecute their ideas relentlessly. What I mean by that is, they talk about what it is they’re doing or what it is they want to do, over and over and over again to everyone. It’s nearly like they are refining the articulation of what it is they ultimately want to pitch or sell, and they’re learning and iterating every time they have a discussion with somebody. They walk away from each conversation thinking “Hang on, that didn’t get anywhere”, or “that explanation got a great response”, or “when I phrased it in that way, the other person had no idea what I was talking about”, or “that person really loved that structure of my articulation”, etc. Not necessarily formally writing all of that down but just reflecting on it in their mind after each and every conversation. What they’re doing is building this perfect pitch that helps them perfectly formulate where they want to go and what they want to say. And it’s about continual prosecution and the way you do it is just meet people and talk about what it is you’re working on or trying to sell in lots of different ways. I mean, James Packer, one of the smartest guys I ever met, many years ago, the only thing James would talk about was his latest project. It didn’t matter whether I was with him at his kid’s christening or at a business dinner. He would talk about whatever was on his mind at the time to not just me, but to everybody. And over time, he would be able to articulate it into this perfect 3-4 minute piece which made it absolutely crystal clear what it is he’s good at, why he was doing it, what the outcomes were going to be, etc. and you virtually wanted to invest in it straight away.
Brilliant. Absolutely brilliant.
Framework:
The Quitting Framework
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/ab4602ae-1f64-45b8-aa73-ede385019c58/FDRWe3ZXMAon0kL.jpg?t=1701858962)
Came across this concept from Steven Bartlett in a recent episode of Behind The Diary (a YouTube series that I absolutely love).
I think it captures the essence of when/why we quit and when not to, perfectly.
Use it well.
Tweet I liked:
The only insults that hurt are the ones we believe.
— Alex Hormozi (@AlexHormozi)
6:43 PM • Dec 5, 2023
That’s all for this week, thanks for reading!
Grateful for your support.
Stay hungry, stay humble, & stay curious. ⚡
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