7 Telltale Signs Your Company is on a Path to Stagnation

by Bob Domenz

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“The most fatal illusion is the settled point of view. Since life is growth and motion, a fixed point of view kills anybody who has one.”
— Brooks Atkinson, Pulitzer Prize-winning journalist for the New York Times

What is stagnation? Imagine a slow-growing toxic mold that eventually takes over your company, stifling your culture, development and progress, and retarding your ability to grow. In business, as in nature, stagnation breeds disaster. Lack of movement allows harmful antibodies to gather and breed. To avoid this, forward motion must be a constant, like a shark that has to continuously swim to stay alive.

All companies are at risk of becoming stagnant, and most every company has, or will, become so at one time or another. It’s a sneaky thing — often companies end up this way without even recognizing it until it’s too late. Even Apple, the most celebrated and referenced brand and business in history, stagnated for years before rejuvenating itself and transforming into the epic example the world admires today.

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How Having a Visible Expert Within Your Firm Can Generate Growth

by Lee Frederiksen

via Tech Crunch

Managing partners and C-Suite executives are often faced with the complexities of building their firm’s brand and amplifying growth. They must consider the following questions:

  • What are the most successful methods?
  • What will be the most cost-effective?
  • Will our firm have the necessary resources?

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Learn to Dance in the Rain

by Steve Rizzo

Photo by Mark J. Sebastian

A few years ago, I spent four wonderful days at the Four Seasons Hotel in Kona, Hawaii, where I had the pleasure of speaking to a wonderful group of Top Sales Performers and spouses of a well-known financial group. My job was to give them the tools they need to embrace the changes and intense growth they were currently experiencing and will inevitably continue to experience in the coming years. I knew the tension was high, but I was prepared.

One morning, two hours before my speech, I was having breakfast at a restaurant with a captivating view of the ocean. As the waitress was pouring my coffee, I asked, “Why is it that no matter where they are, or what they are doing, Hawaiian people always seem to be happy and at peace with themselves? Is there some kind of secret that I should know about? And if there is, can you please tell me?”

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How Winning the Lottery Led to Emotional Bankruptcy

by Donna Mikkin

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In 2007, my husband Ed and I won the New York state lottery for $34.5 million. One of my very first fears was that we would be judged. I would often tell myself people wouldn’t know me or my family for who we really are. The judging would be automatic after anyone heard what had happened to us. There’s another key word: “happened.” I didn’t plan this. If you asked me, my life was hijacked by the lottery. But I digress.

What I came to learn is all judging begins between our very own ears. We give the seed some thought, and then we let it grow. It starts with us.

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How I Reinvented Myself… and You Can Too

by Micheal Burt

via Getty Images

One of the biggest questions I get around the country is “How can I reinvent myself?” People tell me they are stuck in a dead-end job and know they’re supposed to be on another bus in life that marries their time, talents and passions. It also frees them up to play in their unique genius area and get paid what they are truly worth. In 2008, I was a high school PE teacher and basketball coach (and a lousy PE teacher by the way). I had a set salary and a job I really liked, but I knew I had more potential and talent in the tank I needed to cash in on. I believe people don’t have a talent problem; many times, they have a confidence problem. 

Life is too short to think small. Life is too short to waste away your talents. John Maxwell once said, “God’s gift to you is potential. Your gift back to God is using it.” Don’t die with your music still playing in you.

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Bag The Elephant: How to Get BIG Customers and Keep Them

by Micheal Burt

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I remember the first big customer I got, and truth be told, I wasn’t remotely ready for it. Everybody wakes up and wants to “bag the elephant,” and many would say it takes roughly the same amount of energy to land a big client as it does a small client. This is probably very true. For me, bagging elephants starts in one place: your own mind. Dennis Waitley, the great sports psychologist, once said, “If you go there in the mind, you’ll go there in the body.”

Until you have the internal confidence to win big customers, you’ll continue to swim in comfort ponds and most likely have the same amount of checks you’ve been getting. When you get into a “multiplier mindset” you start to see everything in multiples, and that includes the size of the checks your clients are willing to write.

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