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Model Success |
Model success. Imitate success. Find what works and do it |
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September 14, 2005 By: Mike Litman Model success. Imitate success. Find what works and do itI was reading The New York Times Business Section yesterday (Sunday) and there was an awesome cover story about Michael Dell. (the 40 yr old billionaire who started Dell Computers). I'm a big fan of what Michael Dell has accomplished and I love reading about 'captains of industry' because there's so much you can learn. You gotta listen to this because it's crucial. It's a point you need to hear because it can help you grow and help your business grow. This point is so simple, you've probably heard it 1,000 times, but I'd bet 'dollars to doughnuts' you're not applying it. And that's the problem. The greatest information in the world is meaningless, UNLESS YOU APPLY IT. Don't buy anything from me if you're not going to take 1 POINT at a time and apply it. It's impossible to apply 12 things at once. One at a time. Onward. Here's what really hit home with me in the article and what I want to share with you. I've used this ’point’ a ton in the last 2 years and it's made me a ton of money. One of my coaching clients used it and has made over six figures in the last 3 months. Another has used it to make $23,173 in 2 weeks. The article about Dell Computers in the New York Times talks about how Dell doesn't INVENT really anything. They allocate just 2% to Research and Development, most other companies like them allocate at least THREE TIMES that. Here's the secret that has made Michael Dell a billionaire. Whether you agree with how he runs his business or not, it doesn't matter; you and I aren't judging it, we're looking to learn from it. Follow me here. Dell now sells plasma TVs, mp3 players, printers, etc... Here's the catch. DELL is GREAT at IMITATING, not INNOVATING. Let me say that again. ***DELL is GREAT at IMITATING, not INNOVATING. "Mike, tell me more on what this means to me?" Hold on one second and I will. Dell 'IMITATES' a successful product and then uses it's competitive advantage - which is no middle man and lower pricing. It finds what's working, what people want to buy and it then COPIES. And starts selling it also. (yes, a ton more goes into how businesses do things, but we're talking here about the PRACTICES OF SUCCESS.) You've probably heard this point 1,000 times, but LISTEN NOW. You've heard how you need to 'model' someone successful, etc... Dell MODELS successful products. Then it puts it's 1% 'spin' on it, it's uniqueness. Michael Dell has made hundreds of millions of dollars by 'copying', modeling, whatever word you want to use. Who are you 'copying'? (Model my success building an internet/information business. ) Who are you 'following'? Are they action-oriented or just a big talker? Are they scattered or focused? How much time do you spend really learning 'the business' you are in? What 'practices', what strategies do the top 3% use in your industry to succeed? Find them. Use them. Then put your 1% 'uniqueness' on them. Stop making 'success' so complex. Each day you need to take SIMPLE steps forward towards your goal. Model success. Imitate success. Find what works and DO IT. Ask yourself: What are 2 things I know successful people do in my field that I can also do today? WRITE them down. Do it NOW. You can achieve ALL your dreams and goals. I know you can. When's the best time to kick your life up to the next level? You got that right. Yes, NOW. Let's GO! Talk to you soon. More valuable information on how to make money, or to choose from a variety of related products, please select the link above.Author Notes:
Mike Litman contributes and publishes news editorial to http://www.home-income-101.com.
Mike supplies valuable information to benefit those who are looking to become successful. |
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