The key to being successful lies in finding ways to be constantly improving. Here are eight easy ways to help you build your competence.
Building your competence boosts your confidence ... and confidence is a close friend to high achievers. Building your competence is like cleaning your house. If you stop cleaning, dust collects. The need to clean never ends. To achieve the success you deserve, you need to find ways to be constantly improving. The task of building competence never ends.
With growth comes predictable risks. The survival of your business depends on identifying and managing them.
Over the past 20 years, I have observed 10 recurring risks for growing business and have helped clients address them. Understanding how these risks apply to your business and proactively managing them will help you sustain growth.
These first five risks apply to growth businesses in varying degrees. Generally, the risk factors are more prevalent in younger companies with higher growth rates and less prevalent in mature companies with lower growth rates.
In business and in life, the game is usually won by those who can consistently execute a well-thought-out strategy. In other words, winners stick with it. Adherence is the critical link between strategy (knowing) and results (doing). Winning requires adherence, because successful execution of your plan is not a one-time event. It's a commitment to consistent execution over time.
My family loves to watch the Olympics. Nothing stirs the emotions like seeing a lifelong journey of sacrifice and overcoming adversity culminating in either the joy of victory or the agony of defeat. Like nearly a billion others worldwide, we are personally drawn to the athletes’ stories. Not only are these athletes testaments to the human spirit, but they are also living examples of competence as we define it in the adherence equation: Focus x Competence x Passion = Adherence.
In last week’s issue, we discussed the second of four adherence accelerators to help sharpen your focus (identify your one thing). The third adherence accelerator is to know when to say no.
A couple of weeks ago we shared how the art of adherence is a lot like growing Indian Thorny bamboo, which is native to Asia. It takes up to two years of careful attention for the plant to build a strong root structure, none of which is visible above ground.
