Top Banner

Click here to load reader

The Law of Price Tag

Nov 18, 2014

ReportDownload

Documents

mbsaulog

The Law Of The Price Tag

4 Truths of the Law of the Price Tag1. The price must be paid by everyoneIf everyone doesnt pay the price to win, then everyone will pay the price by losing

2. The price must be paid all the time

There are no victories at bargain prices. - Dwight D. Eisenhower As long as youre green, youre growing. As soon as youre ripe, you start to rot - Ray Kroc There is no substitute for work. It is the price of success. - Earl Blaik10th Law: The Law of the Price Tag

3. The price increases if the team wants to improve, change, or keep winningThe higher you are, the more you have to pay to make even small improvements

4. The price never decreasesMost people who quit dont give up at the bottom of the mountain, they stop halfway up it

The team fails to reach its potential when it fails to pay the price But when the price is paid, rewards can be abundant

Price PointsIf a team doesnt reach its potential, seldom is ability the issue. Its rarely a matter of resources either. Its almost always a payment issue.

10th Law: The Law of the Price Tag

When it comes to the Law of the Price Tag, there are only two kinds of teams who violate it: Those who dont realize the price of success Those who know the price but are not willing to pay

10th Law: The Law of the Price Tag

The Price of Teamwork SacrificeThe team gets to the top only through the sweat, blood, and sacrifice of its team members He who would accomplish little must sacrifice a little; he who would achieve much must sacrifice much. - James Allen

Time CommitmentTeam work does not come cheaply. It costs you time that means you pay for it with your life.

10th Law: The Law of the Price Tag

Personal Development Your team will reach its potential only if you reach your potential. We cannot become what we need to be by remaining what we are. - Max DePree Its what you learn after you know it all that counts. - John Wooden

Unselfishness When you give your best to the world, the world returns the favor. - H. Jackson Brown10th Law: The Law of the Price Tag

When your personal goals conflict with the greater goals of your team, you have three choices:1. Put down the goal (because the team is more important). 2. Put off the goal (because its not the right time). 3. Part with the team (because its better for everyone).

10th Law: The Law of the Price Tag

Paying a high price does not always guarantee victory. Many teams sacrifice dearly, only to fall short of their goals. But sometimes great sacrifice is rewarded with great results.

The only thing you have no right to do is to expect the team to sacrifice it collective goals for yours.

10th Law: The Law of the Price Tag

Thank you!