This morning as I was doing research for this morning's email I came across an old article in the Harvard Business Review about Sir David Brailsford who after 6-years as the head of British Cycling lead the team to win 7 of 10 gold medals at the 2008 Beijing Olympics with a repeat of that performance again at the 2012 London Olympics. In the prior 76 years they had only won ONE gold medal total!
Sir David was a cyclist himself but was also armed with an MBA. He credited his MBA training with the wisdom to know that setting the goal as winning gold at the onset was a likely recipe for failure. His method was to initiate continuous, incremental improvements across areas that were identified as critical success factors which had a solid base in place upon which to improve...by 1% each
This got me to thinking of the different areas investors can institute this methodology:
While I was on this little brainstorm I started to think to myself...this is a really basic list...can't you think of anything more complicated?
Ahhh...what a trap...back to the entire purpose here...
Foundation ==> Improvement ==> Improved Foundation ==> Improvement
Let's face it...continuous, incremental improvement isn't sexy but it is powerful.
When you compound it by doing it simultaneously in multiple areas with the same goal of 1% improvement it goes beyond powerful and starts moving into infinite improvement
What areas can you improve just 1%? How many can you do at the same time to get that extra leverage across many?
With all of this improvement happening you're going to need additional sources of funds...luckily, we have them. Drop me an email at firstname.lastname@example.org and tell me how much you need and by when.