Issue # 02

Hey ,

“A smart man makes a mistake, learns from it, and never makes that mistake again.”

— Roy H. Williams

History doesn’t repeat—but it often rhymes. In the early ’80s recession, real estate giant Trammell Crow saw over $2 billion in value vanish in just six years.

But instead of hiding that failure, leadership sought transparency: they asked for every mistake to be shared. Then they ranked them. The goal? Avoid repeating history by building smarter habits and filters.

They distilled these core lessons:

• Prioritize exceptional talent when it matters most.
• Stay lean—even when profits are good.
• Avoid dangerous debt. Cash is your best ally.
• Act early; don’t trail the market.
• Let go of projects and roles that no longer serve.
• Keep hiring even during slow times—you’ll find better.
• And always assume conditions could get worse.

All of that points to one keystone habit: purposeful reflection. Peter Drucker called it feedback analysis—journal your decisions and review them later. That quiet reflection turns reaction into direction.

The ONE Question:

What one decision or habit from the past year would I revisit if I journaled now—and how would I act differently if I’d reflected sooner?

To your focus and freedom,

Stuart Hyslop

The ONE Thing Guy

🎯 Check out upcoming events and FREE training at stuarthyslop.com