Richard Wilson talks about why CEO Training.com is being developed as a video blog and more importantly, how to use speed of implementation in growing your business. Speed of implementation is one of the most powerful and underestimated business principles. Watch this video to get two examples of how speed of implementation has helped me publish a book in one day, and a launch a fast growing business which now offers over 50 unique products and services. (Download this Mp4 Video)
Why you should apply SPEED of Implementation starting now…
In mid 2009 I attended a business conference where over 10 guest speakers, all of which were self-made millionaires and business owners spoke. I took over 15 pages of notes and condensed those down to just one single page. While reviewing common themes from the 30+ hours of advice from these professionals the only piece of advice which each expert mentioned and emphasized was “speed of implementation.” Since that conference I have developed a deeper understanding of this concept, figured out how to apply it to my business, and why it is so important.
In short focusing my attention on increasing my speed of implementation has brought my productivity, motivation, and sense of progress to another level. Increasing your speed of implementation means making decisions faster, receiving feedback faster, and adjusting and growing further more rapidly as well.
Iterative Processes
Applying speed of implementation requires a fundamental understanding how it will help you reach a level of breakthrough success that surprises even yourself. Within the diagram below you see four letters: A,B,C,D, followed by a single letter T.
A –> B –> C –> D –> T (Breakthrough Success)
Steps A, B, C of most projects are obvious, you know what first steps you need to take…yet step #20 which is T is so far removed from the knowledge and foresight you have now that the project seems unachievable, unrealistic, or risky. The result? Typically we enter gathering more information and asking others for their opinion mode. This has its time and place but 99% of the time if you would just start on Steps A, B, and C, by the time those are complete you would have a much better vision and more clarity on exactly what steps D, E, F, and G are. Once you get those next steps complete through G you may even be able to see all the way to step L, etc. Eventually you will get to T, step #20 but there is no way that you can get there without first going through the iterative process of taking the first steps that are clear right now.
In short you can evolve faster, meet your goals sooner, and over a short period of time out-pace everyone around you in your industry by just taking massive action within the areas where you have identified the next 1-2 steps to take.
Happy implementing!
Thanks for joining us, and I will see you again soon,
{ 5 comments… read them below or add one }
Excellent video, well done! I agree with your insights. We all have ideas, but what differentiates the successful from the not is that they move quickly and act first on those ideas. The best advantage one can have in a business is a first mover advantage.
For sure, it is easy to come up with a $100,000 or even $1M idea but it is the thousands of hours of work, implementation, customer service, and consistent execution that actually is the hard part.
Thanks for the comment Tom.
- Richard
I think everyone knows that moving quickly has benefits but this is the first time I have heard of this concept.
It is a concept I have really been trying to master. I have found the trick is to always be prioritized while trying to implement quickly. If you are not constantly prioritizing you can end up implementing in 5 different directions which takes away the power of executing things quickly.
- Richard
I have been getting some emails about why I don’t link to the books I have published on my own website. Yes, these books are still in print and I actually just published a new book on Speed of Implementation.
I have been trying very hard to make this website NON-commercial in every way possible. I would like a pure way to provide $1M worth of business building advice un-scarred with commercial requests for as long as possible.
If you would like to pick up my speed of implementation book you can find it by searching on Amazon.com or buying it through this link: http://www.amazon.com/SPEED-Implementation-Operating-Manual-Millionaires/dp/1460969944/ref=sr_1_1?s=books&ie=UTF8&qid=1308927779&sr=1-1
Hope this helps, thanks for visiting the website and watching the videos.
- Richard
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