Put simply, the concept of Fanatical Discipline developed by Jim Collins in his book ‘Great by Choice’, is applying dedication and focus to the true values and beliefs that we hold, and when applied will assist us in bringing greater clarity to our career, spiritual and social life.
While in much of Jim Collins book he directly targets applying the principal of ‘Fanatical Discipline’ to company structures, this principal is easily applied to us as individuals too.
Core are the above 3 triangular headings on the pyramid Collins developed:
1. Fanatic discipline:
Continuing on at the same pace, no matter what the conditions, which is a method that Collins expands upon in the 20 Mile March – 20 Mile March
Further stating that chronic inconsistency can directly equate with a loss of direction to follow our goals.
2. Empirical Creativity:
Empirical creativity is a blend of creativity and discipline. We are all creative thinkers as creativity is a natural as breathing, but creativity combined with discipline sparks real innovation.
3. Productive Paranoia:
Always being mindful that in good times there is a need to insure and prepare for the more difficult times that life can and will throw at us.
At Income Solutions when advising our clients, we adopt an investment and financial planning approach that is formulated in the above elements of discipline, innovation and the need to plan for the future.
1. Great By Choice, Jim Collins
