In the past few weeks, I’ve had two different friends become grandparents (one for the second time). My daughter turned 23 years old over the weekend. Funny that it doesn’t seem that long ago that Barb and I were carting our babies to our friend’s weddings. Now we attend more funerals than weddings. It’s part of the maturity of life. You have to be careful that you are constantly re-inventing yourself to stay mentally and physically “young.” New hobbies, new adventures, and new experiences add to your ability to constantly renew yourself.
Your business has it’s own maturity cycle. You do what you’ve done to become successful, but there is a great danger in stumbling over something called the success trap. If you’re not careful, your business can “get old” and fall into a rut where you aren’t getting better, you just tread water. What can you do in your business to re-invent yourself? New products, new services, and new challenges can re-invigorate your business. Be on the lookout for new ideas and be prepared to take similar risks that you took early on in your career to jump over that success trap to land in new and exciting places.
This week’s quote – “Obstacles don’t have to stop you. If you run into a wall, don’t turn around and give up. Figure out how to climb it, go through it, or work around it.”
– Michael Jordan