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🗓️ 2 June 2025
⏱️ 32 minutes
🔗️ Recording | iTunes | RSS
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0:00.0 | A few years ago, at one of our masterminds, my co-author Gary Keller posed this great question. |
0:05.3 | Are you succeeding so slowly you think you're failing? Or are you failing so slowly you think you're |
0:11.3 | actually succeeding? And I love the second half of that question because the pace of change |
0:17.4 | and our awareness of it is really, really hard to grasp unless we're being purposeful. |
0:22.3 | It's like that nephew that you haven't seen in a year and a half and you're like, wow, |
0:26.2 | you've grown so much. We realize it because there's a giant gap. But if we were hanging out |
0:32.0 | with that nephew every single week, we've become a lot less aware of how much they've grown. |
0:39.0 | And this idea around this whole podcast is the idea of quality inflation. And we'll go deep into it. But basically, the bar for |
0:45.1 | even average performance goes up every year. And if you're seeking extraordinary, |
0:50.0 | like all of the followers of the one thing, right, it's the surprisingly simple truth behind extraordinary success, not average success. |
0:57.3 | That's on a rocket ship. |
0:58.8 | That goes up even faster every year, the bar for being competitive and for being the very best. |
1:04.4 | So I want to dive in and give you some strategies for understanding it, for being aware of it, and actually combat it. And just to make sure I've |
1:12.1 | got your complete attention, I'll share one of my favorite quotes from W. Edward Deming. And it's around |
1:17.1 | change. And he says, it is not necessary to change. Survival is not mandatory. And that's just a |
1:24.0 | truth, whether you're battling for resources out in the wild, right? |
1:28.0 | It's the classic, may the fittest survive. Now, in business, it's the same. You could have been |
1:35.4 | the innovator. You could have been the newcomer that knock the old king off the hill. But when you |
1:41.4 | look up at a certain point, if you don't continue to adapt to your |
1:44.4 | customer's needs, if you don't continue to innovate, someone can be coming for you. |
1:49.3 | So we have to measure this. |
1:50.7 | We have to be aware of quality inflation, and we have to be tackling it purposely. |
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