The Winning Spirit

"Look up, laugh loud, talk big, keep the color in your cheek and the fire in your eye, adorn your person, maintain your health, your beauty and your animal spirits." — William Hazlitt

Winners keep winning for several reasons the "Matthew effect" as described by the sociologist Robert K. Merton;

They may just be better on quality.
Those with a reputation for past success tend to get disproportionate credit for future wins.
Winners from the past tend to be in the right place to make things happen in the future.
They have the connections and resources to make good on those opportunities.
Success more often hinges on activating and coordinating dynamic ecosystems. Demonstrating a clear strategic direction attracts these partners, enabling powerful alliances to be built. A policy of transparency also fosters trust with not only collaborators, but customers, investors, and other stakeholders, who value open communication and transparent business practices. And thanks to advances in technology, it’s easier than ever before to share mutually beneficial information securely and in real time.

Some people tend to be unrealistically optimistic, a view that sometimes makes itself come true in business leadership:

1. The economy is recovering, and the future looks brighter for start-ups than the past.

2. If price, quality & service are similar, social impact will decide customer loyalty

3. Collaboration, not competition is the key to lasting success.

For instance, do you use social media to acquire customers? Then that’s reducing cost of customer acquisition. Or do you use them to increase your lifetime value? That’s repeat business. Or do you use it to interface with them to find out their needs, wants and opportunities? That's increase profitability with backend products.

Remember, optimizing opportunities involves a combination of skills, mindset, and proactive actions. Keep learning, adapting, and seizing chances for growth.

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