Insights From The dip by Seth Godin
There is a high opportunity cost of not investing your time and effort in becoming the best.
Why settle for less, when you can have more, why settle to be number 10 when you can be number 1, everyone wants the best guy for a job. Because it takes out a lot of risk, you’re almost guaranteed quality. He sighted an example imagine you have been diagnosed with cancer of the navel, you’d go straight to the best doctor around, you wouldn’t want to try out all the doctors.
The top guy earns more, 100 times more than the number 100 guy, I can’t argue with Seth on this looking at the pareto principle as well.
Aspire to be the best globally in a specialized niche, because right now the world is becoming smaller every passing day. Quitting when you hit the Dip is a bad idea, if the journey was worth it all along, then quitting when you hit the dip just wastes the time and energy you’ve already invested.
Seth suggest 3 ways to get through a DIP
Decide when you’ll quit in advance: If you must quit at least decide in advance. Quitting when you’re panicked is dangerous and expensive. The best quitters are those who decide in advance when they’re going to quit. Before entering a DIP decide in advance when you’ll quit, set the limits and boundaries, the timelines, that gives you some energy to even carry on.
Influence a Market: The odds of influencing an individual is low compare to that of influencing a market, pick your odds. And may the odds be in your Favour.
Place you focus on small progress: I sort of read that in Falz voice. No progress is too small, so even as you’ve set targets and goals, it’s wise to break them down to milestones and give you the opportunity to celebrate small wins.
As an individual I need to place my focus, I need to gain clarity.
Author: Victor Adeyemo
Victor Adeyemo is a Leadership and high performance coach, an Event decorator and MC. He is the team leader of Leaders Digest