On Strategic Thinking
June 10, 2026Strategy isn't about having the best plan. It's about having the clearest picture of reality and the discipline to act on it.
Most people confuse strategy with ambition. They say "our strategy is to grow 20%" — that's not a strategy, that's a wish. A strategy is a coherent set of choices about where to play and how to win. It requires saying no to things that feel productive but aren't.
In my work across 33 markets, I've seen this play out repeatedly. The dealers who perform best aren't the ones with the most aggressive targets. They're the ones who understand their local dynamics — the regulatory landscape, the competitive set, the customer psychology — and make deliberate choices about where to focus.
The essence of strategy is choosing what not to do. — Michael Porter
This applies beyond business. In investing, in creative work, in personal development — the quality of your strategy is determined by the quality of your trade-offs.
The hardest part isn't analysis. It's the willingness to commit to a path when you can't see the end of it. That's where most people fold. They hedge, they diversify their attention, they try to keep all options open. But a strategy with no trade-offs isn't a strategy at all.