We’re in a race.
Against technology, disruption, competition, globalization, innovation, health and the unknown.
You can brace for impact or pretend it’s not coming. Either way, its landing on your doorstep.
Most know that start-up failure stats are sky high. But we often fail to realize the average S&P 500 lifespan has collapsed from 60 years in the 1950s to 15-20 yrs today. Is Moore’s Law outpacing the Lindy Effect?
Offense is your best defense.
If longevity matters, take this seriously… these insights come from the trenches.
-
Consider yourself a technology company first and foremost. Even if you’re in something non-techy like Lawn-care. Think digital. Think data.
-
Modernize everything. Upgrade not only your systems and tools but also your intellectual capital. If you don’t have forward thinkers in the camp, get some. The old guard won’t cut it in the new school.
-
The competition is coming for your lunch – whether directly or indirectly. Keep your sword sharp and mind your moat.
-
Relationships still matter – the right contacts, partnerships, allies and networks carefully cultivated and maintained will always be worth their weight in gold.
-
Urgency always. Yes, it’s a marathon. But that doesn’t mean you jog.
Pro Tip: It’s best to stay nimble, hungry, vigilant and move fast with smart people.
Take a moment today and ask:
-
Are you blocking progress?
-
Would you even know if you were?
-
Who do you trust enough to tell you the truth?
Remember – Entropy doesn’t ask permission. Fight back.
Poll Results: The results are in from last week’s survey:
Song of the week:
Tim Martinez
“The Inside Man”
-
Grab my latest book “Do Good Work” – Minor Shifts, Major Impact (buy here)
-
Optimize before the Exit – FREE on-demand training (click here).
-
Have thoughts? Leave a comment
Feel free to unsubscribe if this isn’t for you. No hard feelings. Better yet, share it if you feel someone else needs to hear this message.
PS – from time to time a few typos or a broken link may occur, just visit my Substack page for the most up to date version
