Page 24 - Business Mastery for Exponetial Profit make more work less 09102021
P. 24

Chapter Three - The Power of One Action

             Without knowledge action is useless and knowledge without action
             is futile.
                                                         -   Abu Bakr

             Our WATERFALL SYSTEM continues as we examine the element
             ‘A’

             ACTION
             There is common parlance among entrepreneurs, and they say
             ‘take massive action' he who takes the most actions wins. What a
             load of rubbish! Coach John Wooden said, I don't want players
             engaging  in  a  lot  of  activities  on  the  basketball  court  without
             purpose; just  paraphrasing him.  This  is  the  coach  that  won  12
             championships at UCL and regarded as one of the best coaches
             ever. There is a lot we can learn from sports because business is
             like sports with all the rules of  the games except our result is
             measured in years rather than hours or minutes.
             So, when I talk about actions here, I am talking about deliberate
             well-thought-through actions that produce a  disproportionate
             higher result. This is also known as asymmetry; it's like baking
             bread, you put in tiny little flour and you get a disproportionately
             big bread out. The flour is the input, the heating in the oven is the
             process and the bread is the output.  If you have baked bread
             before, you will quickly understand what I am trying to describe to
             you. I am going to look at (input-process-output) later. So, taking
             action is not about running around like headless chicken! How do
             you determine the action to take  that would  generate higher
             results? How is this possible? If it is that easy, why is everyone not
             doing it? I am going to share with you some ideas that may blow
             your mind.
             I always ask  my clients looking  to increase their revenue this
             question ‘How much does it cost to acquire a client?’ They usually
             look at me blankly with the expression of ‘how am I supposed to


                                           22
   19   20   21   22   23   24   25   26   27   28   29