Entrepreneurs
3 Ways Entrepreneurs Can Slow Things Down for Greater Success
![how entrepreneurs can slow things down for greater success](https://addicted2success.com/wp-content/uploads/2019/10/3-Ways-Entrepreneurs-Can-Slow-Things-Down-for-Greater-Success-1.png)
Entrepreneurs understand that their world is accelerating. Growth is exponential. Technologies are converging. Business lifecycles are collapsing. Communication is instantaneous. But consider this, in a race between a 1920 Model T Ford, whose top speed is 45 miles per hour, and a new Mercedes-Benz sedan going 100 miles per hour, the Mercedes will win. There’s no question that the Mercedes can travel more quickly. Yet, which driver is more comfortable, more in control? Which driver is sipping a latte and listening to Enya?
Absolute speed is important, but relative speed is everything. Similarly, professional football has gotten undeniably faster in the last generation. The players are bigger, stronger, and more agile. Yet, after ten years in the league, star linebacker Ray Lewis said, “Nowadays the game has slowed down so much. When I sit and watch film from ten years ago, and I watch now, I think, wow, why would I take that step, or why would I even go that way?”
“It’s all about angles,” Lewis added, and “all about knowing where the players are going to go before they even think about doing it. It’s about recognizing the formations.”
For Ray Lewis, experience and constant study slowed the game. He never claimed to know the future. Only, that if he paid attention, he could anticipate how events might unfold just a little bit before his opponent.
There’s a word for this ability to read angles and recognize formations. It’s not “smart” because Lewis was always a smart player. It’s called “wisdom,” and it’s about reacting to things faster than others because you can recognize the shape of the near-future a second, a day, or a month before others do. It’s about finding ways to turn absolute speed into relative speed—so you can enjoy that latte even as the world passes by at 100 miles per hour.
Hacking Speed for Entrepreneurial Wisdom
As an entrepreneur, wisdom normally accumulates one day at a time. But if you could hack this pace, one-day-of-experience for one-day-of-work, you might be able to slow the world down even as it accelerates. And that ability, as Ray Lewis discovered on the football field, would be a game-changing competitive advantage.
Below are three ways you can hack speed and accumulate entrepreneurial wisdom:
1. You need to embrace speed
If you are a skier, do you complain that the snow is cold? Of course not. You dress for the weather. You recognize cold as the thing that makes skiing possible, even enjoyable. On a mountain slope in winter, cold is a given. For a twenty-first century entrepreneur, speed is a given. Choosing to embrace it is the first step in slowing things down and creating an advantage.
“Slow down and everything you are chasing will come around and catch you.” – John De Paola
2. Be a student of today
If the entrepreneurial world is accelerating, so too is our ability to analyze, forecast, predict, integrate, and disseminate information. Take advantage of all the smart people helping us to make sense of the world. Read the blogs. Listen to the podcasts. Follow your industry on social media. Take some quiet time every week to study the angles and check the formations.
3. Seek wisdom in experience
That’s what Ray Lewis did during his career and what other great players do today. That’s what smart entrepreneurs do, too. I’ve spent the last few years writing about the history of American innovation. It’s been an eye-opening and productive journey. Nothing puts events in perspective and slows the world down better than “studying the videos” of the entrepreneurs who preceded us.
For example, one of America’s first serial entrepreneurs, Eli Whitney, saved his bankrupt musket business with a spectacular (and maybe deceptive) product demo; wouldn’t it be good to understand how that entrepreneurial “formation” came together?
Alfred Sloan of General Motors found himself more than 40 points behind Henry Ford in market share, yet, less than a decade later, GM had passed Ford, never looking back. As a modern entrepreneur, that would be a very helpful “video” to watch.
Likewise, J.K. Milliken’s use (and overuse) of employee benefits to create a loyal workforce and John Merrick’s leveraging commercial success to fight for social justice both have modern applications, as does Elizabeth Arden’s ability to sense and then shape consumer needs.
“Trade your busy life for a full one.” – Courtney Carver
These stories are reminders that, while others might focus on absolute speed, you can manage the relative speed of change. Be a student of today, study the historic formations and angles and learn from experience. Enjoy the latte.
What part of this article resonated most with you? Share your thoughts with us below!
Entrepreneurs
How Business Owners Can Keep Their Employees Motivated Daily
Employees who look forward to coming into the office will always perform better
![employee motivation](https://addicted2success.com/wp-content/uploads/2024/07/How-Business-Owners-Can-Keep-Their-Employees-Motivated-Daily.png)
We all know that it can be difficult to maintain our professional momentum when the going gets tough. However, motivated employees will always rise to the occasion. (more…)
Entrepreneurs
How Entrepreneurs Are Retaining Top Talent
Onboarding is not just a procedural formality; it’s a strategic opportunity to set the stage for long-term employee retention
![How to find and keep employees](https://addicted2success.com/wp-content/uploads/2024/07/How-Entrepreneurs-Are-Retaining-Top-Talent.png)
You’ve just hired a promising new employee. They’re eager, full of potential, and ready to dive in. But how do you ensure they stay with your company for the long haul? The answer lies in a robust on-boarding process.
Let’s explore why on-boarding is crucial for employee retention and how it can benefit your business and personal development. (more…)
Entrepreneurs
How to Regain Your Confidence After Falling Prey to a Scam
Online scams are constantly changing. However, you can stay ahead of the game by remaining informed and vigilant.
![what to do after falling victim to a scam](https://addicted2success.com/wp-content/uploads/2024/06/How-to-Regain-Your-Confidence-After-Falling-Prey-to-a-Scam.png)
Scams, both online and offline, are painful experiences when you trust someone, and they use it against you. Remember, it’s not your fault. It could have happened to anyone. Even to the most cautious individuals, especially since you can get scammed online in many ways. These situations happen to a lot of people and don’t reflect your naivety but rather your good-willed nature. (more…)
Entrepreneurs
Top 12 Books Every Young Entrepreneur Should Read
The following books were conceptualized, written, and published by successful entrepreneurs who have walked down the road you intend to follow.
![books for entrepreneurs](https://addicted2success.com/wp-content/uploads/2024/06/Top-12-Books-Every-Young-Entrepreneur-Should-Read.png)
If you’re a young entrepreneur, it’s easy to get lured by the drive to execute your ambitions as soon as possible. However, before jumping in, it’s crucial to amass the proper knowledge to ensure you have all the tools you need to succeed. (more…)
-
Life4 weeks ago
How to Have the Audacity to Pursue Your Greatest Potential
-
Success Advice4 weeks ago
How to Master Your Money and Build a Better Future
-
Life3 weeks ago
Overworked and Stressed? This Can Save Your Sanity
-
Life3 weeks ago
If You Have This Attachment Style It’s Killing Your Success
-
Success Advice3 weeks ago
Leadership Lessons All Future Leaders Need to Know
-
Success Advice2 weeks ago
6 Powerful Tips to Supercharge Your Small Online Business
-
Entrepreneurs2 weeks ago
How Entrepreneurs Are Retaining Top Talent
-
Success Advice2 weeks ago
How to Build Character That Guarantees Lasting Success