Tag Archive: competitive advantage

Do Distractions Lead to Success?

We saw an article about distractions and success by The Wall Street Journal. A new study shows that students with attention-deficit disorder achieve more.

The study was conducted by researchers at the University of Memphis and the University of Michigan. Students with ADD were more likely to have won a prize at an art show or a science fair.

They were higher achievers across the board.

Hear George & Mary-Lynn discuss today’s post on The BIGG Success Show Podcast! Click a player to listen.

 
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Could it be that lack of focus is a competitive advantage?

Yes, according to another study by researchers at the University of Toronto and Harvard University. They gave students a short test and measured their ability to filter out background noise – like a nearby conversation or an air conditioning running.

The students who struggled to ignore the noise were more likely to be “eminent creative achievers” based on their previous performances.

Daydreamers are more creative

The article also cites research that shows a link between daydreaming and creativity. So instead of getting your head out of the clouds, maybe you should get your head into them!

Entrepreneurs ride an emotional roller coaster. And the highs are higher and the lows are lower. It’s part of the game. Daydreaming may help.

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George KruegerWhen I’m feeling low or I’m feeling a great deal of stress – which often come in one crushing package – I take time to daydream. Sometimes I do it at my computer, but most of the time I rely on the basic tools of pen and paper. As I do a mind dump, I can feel the energy coming back to me. I get that spark of creativity. I begin seeing solutions. It really helps.

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Embrace distractions

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Mary-Lynn FosterI don’t know if it’s my background as a radio DJ – talk about a business with a lot of things going on all at once – I can’t work without background noise. Quiet is a distraction to me!

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BIGG success is life on your own terms. If distractions help you, by all means, get distracted!

Other people are always telling us to focus. Our parents did it. Our teachers did too. Bosses expect it as well.

But sometimes, less structure may lead to better results. Do what works for you.

When you’re trying to think creatively, bring out the distractions! It leads to BIGG success!

Do you work better with distractions?

Thanks so much for spending some time with us today. Until next time, here’s to your BIGG success!

Direct link to The Bigg Success Show audio file | podcast:
http://traffic.libsyn.com/biggsuccess/00716-070711.mp3

Image in this post from Colton Witt Photography

5 Reasons to Love Your Competition

5 Reasons to Love Your CompetitionYou may think it would be nice to be the only operator in your industry. You may be right. But you may find that there are reasons to love your competition. Here are five:

Competition makes the pie larger

Think about this…if you were the only competitor in your industry, you alone have to educate your customers and promote your industry to the marketplace.

Competitors pile on. They help make ore people aware of the need your product or service fills.

Sure, they may get a piece of the pie, but if the pie becomes much larger, who cares?

Competition keeps you on your toes

With no competition, you get sloppy. Unnecessary costs creep in. Mission creep may result.

Competition keeps you on your toes. You operate more efficiently when you have competition. You’re sharper. You may make just as much money with competition as you could without.

Competition ramps up your creativity

Your competitors aren’t standing still. You’ll be much more likely to keep pushing forward with competition than you would without it.

Competitors force you to keep thinking creatively. You must come up with new ideas. You must find new and better ways to serve customers. You must innovate.

Competition may motivate you

Most humans perform better when facing a deadline. Similarly, most humans are more productive when competition is present.

You pick up the pace. You work harder and longer and smarter. You’re more motivated than you would be if you didn’t have any competitors.

Competition may make you more money

Collaboration is the real opportunity today for entrepreneurs and small business owners. You may be able to work with your competitors to save money. You may be able to combine forces to reduce certain costs. You may be able to open new markets together that you couldn’t on your own.

You may actually make more money by working with your competition. The love of money may be the root of all evil. Finding reasons to love your competition just makes good business sense today.

What do you love about your competition?

Image in this post from dimitri c

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