Will Slow and Steady Win the Race?
By: Bean Jones
Slowly but surely. In the famous Aesop fable, The Tortoise and the Hare, the levelheaded turtle's smarts rule over the overconfident hare's flashy speed. You, too, can use the turtle's winning strategy in business.
If you haven't read the last few posts, scroll down and start with the one titled "Why Being Predictable Is a Good Thing." Then, this post will make a lot more sense.
Let me ask you this...
Are you a sprinter or a marathoner?
Either way, I think you'll agree that you can't use the same strategy to win both races.
For example, imagine a marathon runner trying to win the 100-meter dash by "pacing" themselves during this ultra fast 10-second race. It doesn't work, does it?
Likewise, a sprinter trying to win a marathon would never be able to maintain their 100-meter pace because they would "lose steam" well before the finish line.
So how does this relate to your business?
Well, like running, in business you have to choose a strategy based on the type of "race" you are planning to run.
Let me explain...
Short term promotions are like a sprint. They generate a quick burst of cash flow but in order to sustain that momentum, you've got to do it again and again.
This can be dangerous because both you and your customers can get burnt out very quickly and the promotions become less and less effective.
Likewise, if you are looking to grow your business every year, you need to be more strategic and methodical by adopting strategies that build lasting momentum.
In some of our earlier posts this month we established that predictable systems serve as a great foundation for which to build a business.
Then, when you add systems built around the most critical ingredient to any business--Traffic--you have a winning formula for success.
But all of this can be taken to a much higher level when you focus on building predictable systems around the most effective form of traffic which is Inspired Word of Mouth.
See, Inspired Word of Mouth is a natural process that only comes from making gradual and steady improvement to what Mark calls The 4 W.O.M.K.A.I.s.
That may sound technical, but it's not. When you hear it, it will all seem so simple. Everything will make sense.
More about The 4 WOMKAIs in a moment.
First, let's talk about "gradual and steady."
Every decision you make in your business has to be in line with your overall objective. If that objective includes long-term success, then doesn't it make sense to do something on a daily basis to reach that goal?
For example, exercising for an hour isn't going to make you instantly fit.
But exercising for an hour each day will get you in shape.
But what small exercises can you do on a daily basis that would lead to your company being in the best financial shape it's been in?
Well, you now have the unique opportunity to follow a fellow Simpleology student whose company was already generating $1,499,384. However, they made a commitment to implement The 4 WOMKAI's each week and a year later they more than doubled their revenue to $3,474,343.
Think of this like following someone as they get in the best shape of their life. So what is the secret to their success?
They made simple daily changes built around The 4 WOMKAIs. To see what those changes were, click here.
Credits: Photo by Anna Cercova, courtesy of Public Domain Pictures.
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