SIICOACH is a blog with powerful tips and observations about personal success, high performance and entrepreneurship.

It aims to help you to

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It's written by Siimon Reynolds, a highly successful high achievement expert and entrepreneur, who has co-founded two large enterprises, Photon Group and OMG. SIICOACH enables you to get Siimon’s latest thoughts and discoveries on productivity, high achievement and entrepreneurial success.

The Power Of Slow

by Siimon 26. May 2010 11:20

Every day we are hit with articles about people who have built huge businesses almost instantly.

Facebook. Red Bull. Amazon. Google. The entrepreneur is the new rock star.

The examples seem so plentiful they give the impression that these rags to riches scenarios are the norm.

The stats, however, show they are anything but.

Almost every great business started slowly.

Walmart had only 2 stores for its first 7 years. Now it's the third biggest company in the world.

Marriott has thousands of hotels worldwide. But it started with just one root beer stand.

Merck is valued at over $50 billion. But it struggled initially with just a single small pharmacy.

Starbucks has over 16,000 stores, but for the first 13 years it only had 5.

Nike took years before it exceeded $1m in revenue.

So please remember this as you try to build something great.

If you're doing it slow and tough, you just may be doing it right.

Keep persisting. Keep refining. Keep visioning. But most of all keep moving forward.

For almost everyone, the road to greatness is long.

Despite what the media may say.

Comments

5/28/2010 2:27:16 PM #

In an era where everyone wants it right now I agree take it slow. I know I like it like that.

Mel | Reply

6/1/2010 11:03:16 AM #

Hi Siimon, love this posting but in this modern era of immediacy in all things and of a generation who have such high expectations especially with regard to instant gratification, will the upcoming entrepreneurs and business heroes be prepared to wait to slowly build their businesses?

Perhaps similar to the visionaries of the past, it'll be the few who think in this way that prevail.

Keep up the good work and the topics that ensure we're thinking about ourselves our business and improving.


R

Ronnie A | Reply

6/1/2010 11:18:27 AM #

Thanks Ronnie. yes, it will be interesting to see if the instant gratification generation have what it takes to take it slowly.
I guess they'll have to learn, as i can't see Mother Nature changing her system for success anytime soon Smile

siimon reynolds | Reply

6/1/2010 4:35:19 PM #

The road to greatness may be a long road.... But there are often many great moments along the way. (if we have our eyes peeled & hearts open that is!)
Another great post Siimon.. Many thanks

Amelia | Reply

6/2/2010 10:59:33 AM #

That's encouraging. Though the Internet has picked up the pace a bit... but even there if you take your time, do your research and build your community first it pays off later. What do they say? Luck means doing the work so that when the opportunity arises you are ready. Thanks for offering a broader perspective, Siimon!

EJ | Reply

6/3/2010 8:12:50 AM #

I agree, the internet is a prime example of the importance of community, and community takes time to build. Without generating real trust between the website and the people, the chances of generating huge income and a loyal following are almost zero.

siimon reynolds | Reply

6/2/2010 12:37:16 PM #

Very Interesting. The current so called biz advice is that if you want to be TOP of the ladder you have to move quickly. EG. Gloria Jeans in Oz opening 2 stores in 2 weeks, then 50 in 6 months.  That you need big investment behind you to get anywhere.

This perspective is inspiring...

Sirkka Wolke | Reply

8/6/2010 9:37:54 AM #

In my area I have seen businesses fail because they have grown too fast.  They haven't been able to 'service' their clients adequately due to that desire for instant gratification.    It is short term gratification .... I can't see it lasting and somehow we have to start putting more value on the slow and steady (steadily increasing that is!)

Anna | Reply

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