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The Rule of 1 Percent

The Rule of 1 Percent | Startups and Entrepreneurship | Scoop.it

Make a major improvement by leveraging lots of small, easy wins

 

It's really hard to make massive gains in skill and performance and talent, especially overnight. But it's fairly easy to make small changes every day.

 

Think small, not big. Think progression, not perfection. Think small improvements to create a major improvement.

 

The rule of 1 percent and you.

Start by focusing on tasks you frequently perform.

 

If you make an improvement that saves only 10 seconds, and if you perform that task dozens of times a day, the aggregate gain is considerable.

 

Maybe that means finding ways to incrementally improve how you manage your WhatsApp.

Or incrementally improve your use of document sharing and collaboration platforms.

Or incrementally improve -- better yet, automate -- making recurring decisions.

Or incrementally improve how you brainstorm.

 

Break down the component parts of any larger task or pursuit.

 

Then make small but meaningful improvements to each of those parts.

 

That way you don't have to get a lot better at one big thing.

 

You can just get a tiny bit better at a whole lot of little things.

 

And so can your team.

The rule of 1 percent and your team.

Seeking incremental gains quickly becomes contagious.

 

Sir Brailsford (who made Britains first Tour De France winning team and used the rule of 1 percent)said. "There's something inherently rewarding about identifying marginal gains, People want to identify opportunities and share them with the group.  Our team became a very positive place to be."

 

Partly that's because we all want to feel we are a meaningful part of something bigger than ourselves, and that our contributions are valued. However small, the more contributions you can make the more valued you can feel.

 

But the contagious nature -- in a good way -- of embracing the rule of 1 percent also taps into a powerful aspect of motivation.

Improvement feels good.

Improvement is fulfilling.

Fulfillment provides the motivation to seek further improvement. The result is an endless cycle of effort, success, fulfillment, motivation, effort, success.

 

Increase sales by 20 percent? For some companies, that's a goal that might take months or years to accomplish.

 

But finding a way to improve the CRM data entry accuracy might take only minutes. Finding a way to to improve RFP turnaround times might take only minutes. Finding a way to improve the speed and quality of responses to certain types of customer inquiries might take only minutes.

 

Yet the gains can last forever.

 

And, when aggregated with all the other 1 percent improvements you make, could make a substantial difference for your business.

 

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Developing Habits and Prioritizing Actions over Results

Developing Habits and Prioritizing Actions over Results | Startups and Entrepreneurship | Scoop.it

Here are some tips on adapting habits, behaviors, and actions that will help you more efficiently reach your goals.


Start Small

Taking one small action every day sounds much less significant than it actually is. However, according to the aforementioned study, if one consciously sets aside time to perform one small action each day, this action will eventually become second nature. For example, take the stairs instead of the elevator three times one week, four times the next, and all five days of the following week. Eventually, your body will be trained to go right for the stairs without even considering hitting that elevator button.


Think short-term

Big goals can be scary and intimidating, especially at work. Instead of allowing yourself to be intimidated by large numbers and expectations, try to break them down into shorter time periods. This will not only result in more attainable goals, but will also allow you to climb to your desired outcome day by day in a less stressful environment. For example, instead of having to host three events this quarter with 100 attendees altogether, think about hosting one event each month with 33 attendees.


Link behaviors with events

Telling yourself that you’re going to do something is easy. Actually doing it is the hard part (sensing a theme here?). Instead of saying, “I’m going to make sure to answer 15 emails per day,” try “each morning when I get to work, I’m going to make my coffee and then answer 15 emails.” Associating an action with an event will help your brain cells trigger a memory to perform said action when this event occurs, eventually turning it into a habit – a task that’s performed without a conscious effort.


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