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Page 1: The Law of Price Tag

The Law Of The Price The Law Of The Price TagTag

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44 Truths of the Law of the Price Truths of the Law of the Price TagTag

2. The price must be paid all the time2. The price must be paid all the time

1.1. The price must be paid by everyoneThe price must be paid by everyone““If everyone doesn’t pay the price to win, then If everyone doesn’t pay the price to win, then

everyone will pay the price by losing”everyone will pay the price by losing”

““There are no victories at bargain prices.” There are no victories at bargain prices.” - Dwight D. Eisenhower- Dwight D. Eisenhower

““As long as you’re green, you’re growing. As soon As long as you’re green, you’re growing. As soon as you’re ripe, you start to rot”as you’re ripe, you start to rot”

- Ray Kroc- Ray Kroc

““There is no substitute for work. It is the price of success.” There is no substitute for work. It is the price of success.” - Earl Blaik- Earl Blaik

1010thth Law: The Law of the Price Tag Law: The Law of the Price Tag

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4. The price never decreases4. The price never decreases

3. The price increases if the team wants to 3. The price increases if the team wants to improve, change, or keep winningimprove, change, or keep winning

““Most people who quit don’t give up at the bottom of Most people who quit don’t give up at the bottom of the mountain, they stop halfway up it”the mountain, they stop halfway up it”

“The higher you are, the more you have to pay to make even small improvements”

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“ “ The team fails to reach its potential when The team fails to reach its potential when it fails to pay the price ”it fails to pay the price ”

“ “ But when the price is paid, rewards can be But when the price is paid, rewards can be abundant ”abundant ”

Price PointsPrice PointsIf a team doesn’t reach its potential, seldom is ability the If a team doesn’t reach its potential, seldom is ability the issue. issue. It’s rarely a matter of resources either. It’s rarely a matter of resources either. It’s almost always a payment issue.It’s almost always a payment issue.

1010thth Law: The Law of the Price Tag Law: The Law of the Price Tag

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When it comes to the Law of the Price When it comes to the Law of the Price Tag, there are only two kinds of Tag, there are only two kinds of teams who violate it:teams who violate it:

• Those who don’t realize the Those who don’t realize the price of successprice of success

• Those who know the price but Those who know the price but are not willing to payare not willing to pay

1010thth Law: The Law of the Price Tag Law: The Law of the Price Tag

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The Price of TeamworkThe Price of Teamwork

• SacrificeSacrifice

• Time CommitmentTime Commitment

The team gets to the top only through the sweat, blood, The team gets to the top only through the sweat, blood, and sacrifice of its team membersand sacrifice of its team members

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

““He who would accomplish little must sacrifice a He who would accomplish little must sacrifice a little; he who would achieve much must sacrifice little; he who would achieve much must sacrifice much.” much.”

- James Allen- James Allen

1010thth Law: The Law of the Price Tag Law: The Law of the Price Tag

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• Personal Development

• Your team will reach its potential only if you reach Your team will reach its potential only if you reach your potential.your potential.

• Unselfishness“ “ When you give your best to the world, the world When you give your best to the world, the world returns the favor.”returns the favor.”

- - H. Jackson BrownH. Jackson Brown

“ “ We cannot become what we need to be by We cannot become what we need to be by remaining what we are.”remaining what we are.”

- Max DePree - Max DePree

“ “ It’s what you learn after you know it all that counts.”It’s what you learn after you know it all that counts.”- John Wooden - John Wooden

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When your personal goals conflict with the greater When your personal goals conflict with the greater goals of your team, you have three choices:goals of your team, you have three choices:

1.1. Put down the goal (because the team is more important).Put down the goal (because the team is more important).

2. Put off the goal (because it’s not the right time).2. Put off the goal (because it’s not the right time).

3. Part with the team (because it’s better for everyone).3. Part with the team (because it’s better for everyone).

1010thth Law: The Law of the Price Tag Law: The Law of the Price Tag

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

for yours.”for yours.”

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

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Thank you!


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