In this episode, we discuss the need to be ten better than your competition and your old self if you want to be successful in this new economy.
Full Transcript
Hi Everyone, welcome to the You’re Daily Cup of Joe Podcast, with your host Joe Bautista. In this podcast, my goal is to give you quick lessons that you can reflect on in your journal so you can grow yourself physically, mentally, emotionally, and spiritually and have a better career, better relationships, and better personal finances while you enjoy your morning cup of coffee.
I’m also the author of the book “More You Know, More You Grow: How to Get Better Every Day”. In this book, I wrote down over 30 tips to help you grow in those four cornerstones. I’m also the founder of Grow With Joe, where I combine self-development coaching and financial planning for Latino Professionals.
At the end of today’s podcast episode, I’m going to give you a prompt question to reflect on in your journal. The idea is to take one to five minutes to reflect on today’s lesson and write a minimum of one paragraph on how you can apply the lesson in your life. You can use an actual journal, a word document like on Google Drive, or your note-taking app like Evernote. The idea is that you’re actually thinking about how to process the information to help you improve your life.
In today’s episode, we are going to talk about the need to be ten times better. There is a good business book out there called zero to one, and it’s about innovation and competition. And one of the best ways to get what you want out of life is to be ten times better than your environment and your old self. In the book, they talk about how you don’t want to be in a competition, you want to have a monopoly and a way to have a monopoly over your niche is to be ten times better.
If you look at cell phones before the iPhone, they were ten times worst than the iPhone. When the iPhone was introduced, I pretty quickly switched from my blackberry at T-mobile to AT&T so I could get my hands on the iPhone. This was great for me and I truly enjoyed the switch. I was able to do a lot more with my phone and it just felt good in my hand. Most people don’t make a switch to something else if it’s only marginally better. A lot of people buy a Tesla car because it’s ten times better than all the other electric cars.
The same concept can be applied to us. I heard that an A player is worth 36 times more than a B player. An A player can do the work of 12 people or it could take them a day to do something while it takes another team two years to do the same work. To be an A player, you need to be ten times better than the other players. You also have to remember that we don’t play in a finite game where there only so many resources to go around, we can grow the pie to get larger, but we need to make sure that we’re developing ourselves so that we have more control over our lives.
If you look at people and companies that are ten times better than their environment, they have a lot of control over their lives in the way they design their lives. I love the life I’m living right now and it’s because I’m way more than 10 times better than my old self. I love being a digital nomad that runs my own virtual financial planning business. I’m able to manage my life and all the things in it because I’m physically, mentally, emotionally, and spiritually strong enough to make it work for myself. If you get one percent better in each of these four cornerstones over a one year period, you will become over 3700% better as a person, which means that you’re 37 times better at the end of the year than how you started it.
If I was to think about how I started off as an 18-year-old and compared myself to today, I’m glad I put so much work into my self-development. I’m basically a billion times better today than how I was an 18 year. I’m better able to communicate my ideas, I don’t sweat the small stuff, I get less distracted, I’m able to make better decisions, and I have a lot less anxiety. This takes time and persistence can solve a lot of problems and create a lot of opportunities. So if you want more out of life, then you simply just need to be better as a person but you don’t want to be marginally better, you want to be a least ten times better. The world is also constantly changing so this benchmark is going to change. What was ten times better 20 years ago, is probably ten times worst today. And if this is the case, then you probably don’t have the career you want, the relationships you desire, and the personal finances to make you feel secure.
I see how the world is changing and I realize the skills that I have today won’t be enough tomorrow. I have to constantly put in the time to work on myself. If I just read, write in my journal, and make sure I work on things that are the most valuable to me, then I’m going to be fine. I know most people don’t do this, and this is one of the reasons I started Grow With Joe, so I can give people the tools to help themselves grow and be ten times better. If we all were ten times better physically, mentally, emotionally, and spiritually, then I think the world would be a better place. I think it’s our duty to make the world a better place and a good way to do that is work on yourself and then make your slice of the world better.
That’s it for today’s episode, to summarize it, strive to be ten times better as a person. I think a good benchmark is just to look at yourself a year ago. Are you stronger physically, mentally, emotionally, and spiritually than you were a year ago? If the answer is yes, then keep doing what you’re doing. If the answer is no, then change something in your life. Plus no one wants to really deal with B, C, and D players. People want to feel secure that they are being taken care of. An A player will do this. When I was in the Marines, if I had an A player, I could just give them a task and they would get the job done. B and C players needed nudges to get the stuff done. Then this takes away from my job, and I can’t finish what I need to finish. Yes, you want to be helpful, but if someone is not putting in the effort to develop themselves, then maybe they just need to find a different place to thrive. We can’t be the best in every single area, so find where you need to be and then strive to be ten better in that area.
So in your journal, ask yourself, are in the right area to be ten times better? Are you the A Player in your group? Do you want to be the A player? Are you okay with what a B or C player gets? Are your ideas or plans, only marginally better? As always, this lesson requires wisdom to know where and when to be ten times better. So take in this lesson find the niche that you need to thrive in and then after a while, the riches will start coming in.
Thanks for listening today! To get a free copy of my audiobook “More You Know, More You Grow: How to get better every day” just go to my website growwithjoe.me/book and you can download it right there.
I have a quiz on my website that grades your inner circle, so if you want to find out if your inner circle is an A, B, C, D, or F, you can take that quiz at growwithjoe.me/quiz
I’m also on Instagram at Grow With Joe and Facebook just look up Grow With Joe
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Thanks for joining me today and remember if you go with Joe, you can grow with Joe, cause Joe knows Dough.
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