Research on executive function in early childhood has flourished in recent years. Much of this work is premised on a view of executive function development as the emergence of a set of domain general component processes (e.g., working memory updating, inhibitory control, and shifting). This view has shaped how we think about relations between executive function and other aspects of development, the role of the environment in executive function development, and how best to improve executive function in children who struggle with it. However, there are conceptual and empirical reasons to doubt that executive function should be defined in this way. I argue executive function development is better understood as the emergence of skills in using control in the service of specific goals. Such goals activate and are influenced by mental content like knowledge, beliefs, norms, values, and preferences that are acquired with development and are important to consider in understanding children’s executive function performance. This account better explains empirical findings than the components view; leads to specific, testable hypotheses; and has implications for theory, measurement, and interventions.