Over the years, many people tried to define success through catchphrases or mottos, but most of these have failed since they have no idea how to lead people towards success. One technique that will guarantee it is the 10 X rule, a simple rule that sets you for lasting success and ambitious achievements that once seemed out of reach. The characteristics of this rule are:
- Invest ten times more and reach ten times further
- Overcome the unexpected and reach full potential
- When faced with a challenge, go all out
- to get the biggest results, go all-in
- Stay in control of your feelings and time
- Set targets
The 10 X rule means investing ten times more and reaching ten times further:
Success in business always comes when you invest 10 X more than your competitors. So if you’re thinking of making ten phone calls a day to sell a product, you should aim for closer to 100 phone calls.
Also, your goals should be ten times bigger than what’s considered realistic since it’s much more desirable to fail to meet a high expectation than to meet a mediocre goal. For example, if your dream is an author, writing a novel should be your goal, not writing a two-page short story.
The 10 X rule can help you overcome the unexpected and reach your full potential:
History has shown that having the best product isn’t enough to achieve success. You should have the right attitude and the readiness to handle unexpected issues. As you aim higher, you’ll be working hard enough to deal with anything that comes your way. Say, for example, you experience a huge influx of orders; you’ll succeed where others will fail because you’ve developed the capacity to handle a bigger operation.
The 10 X rule also offers some clear guidelines for success: People think of success as something for others, but not for themselves, it’s essential to let go of this belief and remember that success has no restrictions. Anyone with a 10 X mindset can achieve success.
For example, if you bring an improved cell phone to the market, you’re making a success that benefits everyone.
When faced with a challenge, go all out
When confronted with a situation, you can respond in one of four ways: Do nothing, retreat, take normal action or take massive action. The last one of these is the key to success.
When faced with a challenge, give it everything you’ve got, don’t pause to calculate or budget your effort. For instance, if you need to sell your product to a market influencer, don’t waste time skimping on budget or measuring your efforts, go all out and convince them, embrace challenges, seek opportunities instead of risks and dangers, and try going above average.
To get the biggest results, you have to go all-in:
First, you need to identify goals that are big enough for you to be motivated to achieve them. To do so, begin by picking objectives that are out of your reach and go all-in to realize them. And by going all-in we mean thinking outside the box to come up with solutions. These solutions must be clever and full of effort because the problems you’ll face will be immense since you’ve chosen bigger goals.
In addition, your goals have to dominate your thoughts and become your mission. When others see how obsessed you are, they’ll be prepared to follow you on your journey to realize your ambitious goals. And if you fail to show this obsession, they’ll be unlikely to believe in your optimism. So, obsession with your goals is a crucial factor.
Strive for growth and stay in control of your time and feelings
Keep your eyes on your final prize and shake off any outside influences that seek to control your actions; instead, keep pushing to reach your planned goals.
Another thing to keep in mind is overexposure. You might be worried that pushing ahead time after time will bore people, but overexposure is far better than obscurity.
Finally, many people have concerns about time management, and the only workable strategy here is to strive to accomplish more in less time. Pay attention to how much time you have, then work harder and budget your time more effectively.
Also, don’t let emotions like fear and pride scare you or make you averse to constructive feedback. Remember that it’s your job to remain in control of everything.
Set targets that are meaningful to you:
Since you now know everything about the 10 X rule, you still need to choose your goals. To do that, consider what is the most important for your brand. Take the example of customer satisfaction; most companies think it should be their top goal when they don’t even have enough customers in the first place. With the 10 X rule, you’ll be sure to deliver beyond people’s expectations, so you should focus your energy on increasing your customer base. Google and Apple are examples of companies that put customer acquisition before customer satisfaction.
Another target to focus on is name recognition. Consider your name your most valuable asset and make it synonymous for what you stand for. For instance, when people think of mp3 players, they think of Apple; when they think of app-based mobility services, they think of Uber. So, do as these successful companies have done and advertise what you have to offer.
Once you’ve set your goals, outline what you need to do next and give it everything you’ve got.
The 10X rule is based on the action of setting high goals and focusing to reach beyond what you expected to reach. With this mindset, you’ll think bigger, work harder, show commitment, and get inspired.
