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Wednesday, November 13, 2013

365QOD- Day1012

What is Next

"If all of the wealth is taken away from the 1% within 10 years they would be back in the 1%"- Anonymous

The quote is something that I had heard before and it makes sense to me.  If you know how to do something, and you did not just get lucky, you should be able to recreate your path to success.  In theory it should be no harder to do it a second time.

Today I was having a conversation with a friend, Tommy, when this topic came up.  He shared his business success story and his eventual failure.  However, he has not been able to repeat the success.

 As we decomposed his story it it quickly became obvious that many years ago he noticed an opportunity.  He quickly saw the next step in the opportunity and jumped on it.  Next he grew it.  According to him, his demise was due to lack of certain management skills.

He pointed out that he has never seen another opportunity like the one he exploited.  I quickly reminded him that in his current role he comes across many people that are very successful. All he has to do is ask them.

I suggested that he ask them, "What opportunity are you excited about now?"  Once, he gets pulled into their world then I suggested for him to ask himself, "What is next?" This is in order to allow his brain to explore the next step needed to exploit that opportunity or come up with a new original opportunity that is loosely based on the one given to him.

We both agreed that one thing that has to be true is that a person has to be "present" in the now in order to recognize opportunities.  Let yourself be quiet enough to hear and understand the opportunity.

Today's question is:
"What is next in your opportunity?"

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