Now I am sure you asking yourself what this little know athlete has to do with business and the various segments we work in. Personally, I think it has a lot of relevance, especially due to the circumstances we find ourselves in currently. All businesses are fighting for their pound of flesh, trying to claw their market share back and relook the way they do business.
Being a market leader in this day and age certainly has its benefits but can also leave you in a very precarious position. Now is the perfect time to revaluate all that you offer, update processes, upgrade technology and so much more. Emil rose to the top through sheer hard work and dedication however he didn’t rest on his laurels, he continuously looked at improving himself in the pursuit of the perfect race and in so doing drove his competitors to relook their own training regimes in order to compete at the higher level. Overall, this raised the standard of athletics at the time and will continue to do so as athletes strive to break records and compete at the highest level.
Many of the principles that Emil believed in and trained toward can we applied to any business segment. This doesn’t only apply to the segment leader but also to the competitors striving to be number one. One of my best quotes from him was “All it takes is effort, persistence and a cheerful indifference to discomfort”.
A couple of things to keep in mind
Development increases with each task that is completed.
Repetition is your friend.
Don’t wait for your rivals, continue to develop, become ruthless in your pursuit of perfection.
Change has to be achieved quickly and in motion, don’t rest up.
Change brings about detractors until they are proved wrong. You will go from a fool to a genius.
Modify and refine what you already know and makes you great.
Don’t be afraid to test new methods, you will only fail once and learn.
Learning should be tackled with ingenuity and effort, no gain is too marginal.
Don’t ever be distracted, know what your end goal is.
Prepare yourself in unfavourable conditions because the results will be shown later in the race.
If you can’t keep going, go faster.
As we look toward 2022 and the new challenges we will face, some known and others not, where do you want to be and where do your customers want you to be?
Shape the category.