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Avoiding Professional Extinction

extinction

It used to be: “if you do what you’ve always done, you’ll get what you’ve always gotten. ”

Now it’s: “If you do what you’ve always done then tomorrow you may be out of business.”

Don’t believe me?

Ask Blockbuster video.

In 2004 at its peak, it had 60,000 employees, 9000 stores and nearly $6 billion in annual revenues. It had 2 chances to buy Netflix (which was started by an angry customer of theirs who was charged $40 for a late fee) but declined both times.

Blockbuster didn’t want to look at a new business model because approximately 16% of their revenues came from late fees. But if anyone had the chance to capitalize on the market shift and had the resources to squash the competition, it was Blockbuster.

But they didn’t shift.

By 2010 Blockbuster had declared bankruptcy and by 2013 they basically completely vanished from the earth.

You don’t want to be the next Blockbuster video.

Kodak would be another good example. Borders bookstores would fall into this category. Blackberry phones and Taxi cabs may be next.

These are not companies that did anything “wrong” really. They just didn’t adapt. They didn’t evolve. At least not at the speed of consumer demand.

Therein lies the lesson for all of us.

We have to realize that today we live in a world of massive and rapid change.

And that means that for us to stay relevant and useful in the marketplace we have to stay sharp. We have to continually be learning.

We have to continually be growing.

And we have to continually be looking for creative ways to best serve our clients needs.

Which is one more reason why you should consider getting a professional coach.

Because growth, development and innovation are no longer a strategy for success; they are a mandate for survival.

If you aren’t growing and learning and paying close attention to how the world is changing around you right now then you risk going being put out of business.

The scary part is that today we can be rendered extinct not through any lack of our own competence but through sheer force of market forces of change rendering us suddenly as obsolete.

So what are you doing to learn?

Where are you gathering new ideas and skills from?

And who is helping shape you into being the sharpest professional you can possibly be?

We would love the privilege and opportunity to be considered for that role in your life. If you ever want to do a free call to learn more about professional one on one coaching just click here.

If you want to be paid like a professional, you need to act like one.

paid

Professionals study until they become expert. 


Professionals work hard even when they don’t feel like it. 


Professionals execute the game plan even when things feel hopeless. 


Professionals work consistent hours and create consistent processes. 


Professionals have a proper attitude.

Professionals are persistent. 


Professionals treat their clients like gold and continually work to service them and strengthen the relationship. 


Professionals master their craft.

Professionals invest into their own personal development.

 
Professionals innovate. 


Professionals do not whine.

Professionals take care of the details. 


Professionals do not make excuses. 


Professionals are consistent. 


Professionals are extremely rare, and are paid accordingly. 


If you want to be paid like a professional, make sure you are acting like one. 

Nearsightedness: The leading cause of failure

Did you know that nearsightedness is currently the leading cause of failure? That’s right, people who are able only to focus on what is up close right in front of them are exponentially more inclined to fail in business and in life. Of course I’m not talking about nearsightedness as it relates to your physical vision but rather as it relates to your mental vision.

Success is about sacrifice. Success in anything typically means we have to give up something somewhere else. In a recent blog post we discussed that two of the most common things we have to give up to be successful are Convenience and Comfort. In other words being successful is about learning to deal with the inconveniences of greater pursuits and getting involved with activities that are uncomfortable compared to what we’re used to.

With great certainty I can say that whatever success looks like to you, it is going to require a substantial amount of sacrifice, discomfort, and inconvenience; which is exactly why nearsightedness causes failure. Most of us are emotional beings and, unless we are intentional about our own self-control, we are governed by our natural impulses.

Therefore most of us tend to naturally gravitate – either consciously or unconsciously – toward immediate gratification.

If you are mentally nearsighted, you’ll find yourself consistently making one of the most common mistakes of average people:

Trading what you want most for what you want right now

Continue Reading…