How to get one percent better everyday (and double your capabilities every 70 days)
Defining goals and successfully implementing them is usually easier said than done. One of the reasons for this could be that goals might not have been well-documented or concretely formulated. One’s level of discipline could also be an important factor in the implementation and success of the planned goals.
The best-selling author Alan Weiss proposes the ´One-Percent-Rule´. With this ´one percent approach´, one aims to improve and become better every day by just one percent. Using a simple mathematical compounding calculation, one’s capability will double itself every 70 days.
Imagine the possibility of building up such a clear advantage in your business. You are probably wondering how to achieve something like that.
First, one must be open to learning, and use every opportunity to experience something new. This can be done in different ways, for example, an article in a trade magazine, a feedback from a colleague, a chapter in a self-help book or newly acquired skills from a seminar. The possibilities are practically endless; one simply has to be attentive and grab every opportunity to learn something new or innovative and put it in action.
In addition to one’s direct subject area, there are many other areas in which one can improve further. Just think about how to better negotiate agreements with your customers, how to make presentations more engaging or how to stay motivated every day despite setbacks and stress. Or how to optimally prepare for meetings with clients, how to develop more effective leadership skills, as well as how to improve your innovation skills. The list can be continued on indefinitely.
The ´one percent approach´ helps you to continuously improve and stay one step ahead of the competition. This can also lead to innovative product and sales ideas, as well as improvement in skills and capabilities.
As an example, freelancer Amor Daouadi offers his customers a discount of 10 percent if they pay the total amount at the beginning of the project, and he guarantees professional and high-quality consulting work. This way, he achieves a completion rate of 75 percent. This method is particularly successful with large companies, as many department heads and managers know that their project could no longer be overturned by any cost savings.
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This article was published in the Australia Freelance Market News 01/2021.