Companies that expand too quickly often end up making inferior products because they’re expanding so quickly and don’t have time to perfect their product before releasing it on the market.īut let’s say you want to run a 10km race in under 30 minutes. ![]() After achieving them, they realize they’ve harmed themselves in the process. ![]() The same applies to companies that set very high goals at the beginning of their growth process. If you set a goal of running 10 kilometers in 30 minutes, even though it normally takes an hour, then you’d increase your risk of injury. This is important because setting abstract goals can be harmful in the long run. Setting visualizable goals is a good way to set realistic expectations for ourselves or our company. If you want to score 20 baskets in a game, instead of telling yourself that, picture yourself shooting the ball and making those shots. This helps you stay motivated and on track to achieve your goals. When you set a goal, it’s important to visualize yourself achieving that goal. “Conceive, believe, and achieve” is the mantra that guided the author as he turned his $2 million annual revenue into $106 million over six years. Just like running a race, it’s easier to run a business when you have an exciting vision. Visualizing your goal makes it easier to achieve than if it were expressed in numerical terms. But could you imagine running around a quarter-mile track four times? If not, that’s the same distance. Big Idea #1: In order to set your company goals, you’ve got to visualize them first.Ĭould you run 5,280 feet? No. He also says where you are on the roller coaster of business. The author mentions that it’s not a good idea to visualize numbers, and that you should build your company culture like Google. Second, take care of yourself by knowing how to communicate with your employees and use today’s technology to save money. First, have a vision and know how to carry it out. These are the key points that will help you get started. ![]() He worked for a junk removal company and made it into one of the most successful businesses in just a couple years by managing its operations. But that is definitely a good thing, because it means that you could become an entrepreneur tomorrow.Ĭameron Herold knows a thing or two about the feeling of making something from nothing. Nowadays, it feels like products come and go faster than the produce at the supermarket.
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