1% Better Everyday: A New Paradigm for Success in Business

0:02Hi, and welcome to this week's episode of the Epic Entrepreneurs podcast where we are all about helping business owners just like you achieve success. So we don't do fancy smancy. We don't do flashing lights. We don't do a lot of things that a lot of podcasts will do. These are just real stories about real people and their entrepreneurial and business experiences. We go into their wins, their challenges, and their learnings. So we hope you enjoy it.

0:37Welcome to this week's episode of Epic Entrepreneurs powered by Action Coach Growth Partners. You likely went into business to have more freedom and flexibility so that you could spend more time with your family, do more things or travel or enjoy your hobbies or whatever it is that you like to do in your spare time. We're here to help you find better ways to make more money, build better teams and get that time back so that you can have that freedom and flexibility. We'll help you simplify things and make sense of business, investing, and wealth building so that you can be epic and achieve all your dreams and goals.

1:10And now, enjoy the show. Hey there, hope you're having a fantastic week. I'm Bill Gilliland, your host of Epic Entrepreneurs. And our tagline here is Be Epic. And we're starting a new series, or we just started one last week, and it's called Always Be. And we're going down the letters of the alphabet. Last week, it was always be asking. Always be asking questions. Always be curious. This week, we're on the letter B. So this week, we're looking at always be becoming better. So the root word of become is be. So it fits that we would always be becoming, and we believe it's always be becoming better.

1:59How do you get a little bit better every single week? So, cool story. The actor, who's a famous actor, Matthew McConaughey, was once asked, if you could meet anybody famous, who is it that you would like to meet? And what he said was, I'd like to meet the person I become in 10 years. Now, I want you to think about that. He wanted to meet the person he becomes in 10 years. Do you want to meet the person that you will become over the next 10 years? It is a great aspiration of how much you can get done in 10 years. My friend Brad Sugars says that people overestimate the amount of things they can get done in one year and underestimate the amount they can accomplish over 10 years.

2:54So let's talk about always be becoming better. Now, I think that it's a process of chunking it down into little steps. You don't just go out and go from zero to 100 ,000 and from 100 ,000 to a million and to a million to a billion. You don't do it that way. You have to chunk it down. You'd have to go from zero to 1 ,000. Then you have to go 1 ,000 to 5 ,000 and 5 ,000 to 10 ,000 and 10 ,000 to 50 ,000, 50 ,000 to 100 ,000, 100 ,000 to a million and so forth and so on until you finally get to a billion. You cannot get there by saying, in fact, it'll be overwhelming. It would be overwhelming. It's like, well, and I think that happens often where someone takes on a big task or instead of chunking it down into little steps.

3:56Then, in fact, I was listening to a podcast with Brad and Tony Alessandro this morning on and you should listen to it. Brad's podcast is great. It's called The Big Success Podcast. I'd recommend it to anyone. and Tony was saying when he was going to write his first book he's written a number of books that he had 90 days to do it and he didn't get anything done and then he had another 90 days and he fretted and worried about it and finally one of his friends said well how many pages does your book need to be and he said about 180 pages and he said well how how many days do you have to do it to put this thing together?

4:43And he said about 60 days. He said, well, 60 into 180 is three. So all you need to do is write three pages a day. So if you want to write a book, you don't try to write it all at once. You write it three pages at a day. And it's the same with accomplishing big things. With becoming epic, you don't become epic by trying to climb the whole mountain in a day. You climb a few steps a day. You climb a few steps a day. So James Clear, in his great book, Atomic Habits, talks about Dave Brailsford and how he changed the British cycling team. So to give you the Cliff Notes version, the British cycling team was not good.

5:27In fact, I don't think they had done anything since the early 1900s. Well, Dave Brailsford takes it over, and his goal is to win the Tour de France within five years with the British cycling team. So how does he start out? Well, he starts out looking at little, small increments. Like, how do we do one thing every day to be better? How do we do 1 % better every day? Now, you think about it. If you can get 1 % better every week, that's a 67 % improvement. If you get 2 % better every week, it compounds, and you get a 280 % improvement in a year. So he started looking at the normal things you would think about, like the weight of the bikes and how they were made and aerodynamics and all those kind of things.

6:28But he also looked at some things you might not think about, like the pillows that the athletes would sleep on. If they slept better, obviously they would have better performances. He looked at the hand wash. He looked at the soap. He looked at every little detail, the tightness of the spokes. If there was something to be uncovered, they uncovered it. Well, it's a great story because they ended up achieving the five-year goal in three years when they won the Tour de France. and since they've come to be one of the dominant cycling teams winning all kinds of medals at the olympics in addition to the touring races and everything so here's a question for you can you chunk things down could you be one percent better today than you were yesterday could you find one thing to work on this week that would change the trajectory of your life it is called the compound effect, y 'all.

7:24It adds up over time. So the big question for you this week is, what's your 1 %? What is the 1 % that you can get every single day or every single week? What is the one thing that you can do today that will make things better? If you could approve, if you could approve one thing today and you work 250 days in a year, you'll have 250 things that you've improved. Imagine what that compounding will do over a couple of years. So you don't climb a mountain one in one minute. You take it one step at a time or one handhold at a time. You do it the right way. You work at it, you work at it, you work at it.

8:08And all of a sudden it compounds and you end up at the top of the mountain. So if you want to be epic, find the one thing that you're going to do today. Listen, I hope this was helpful. I look forward to chatting with you. If you'd like to chat with us and learn how you can add 1 % to 1 % and 2 % and 2 % and take little things and massively grow your business, then you're going to want to reach out to me, BillGilliland.actioncoach.com. Book in for a strategy session. We'll be happy to have a chat. And until next time, all the best. Thanks for joining us for this week's episode of Epic Entrepreneurs.

8:51Here's four things you can do. First, you can listen every week on Biz Radio Mondays at 1. Second, you can subscribe to the podcast. Hey, you get it. The more subscribers we have, the more cool things we can offer you. Three, you can also go out and give us a five-star rating everywhere. And number four, if you'd like a free copy of my book, The Coach Approach, Five Principles to Build an Epic Business, just go to giftfrombuild.com. It's your roadmap to building your Epic business. That's giftfrombuild.com. Until next time, all the best. Hey, thanks for listening to the Epic Entrepreneurs podcast.

9:29Here's three things that you can do. Number one, remember to subscribe to the podcast. It takes very little effort on your part. It's going to help you and your fellow entrepreneurs. Plus, you guys know how it works. The more subscribers we get, the more cool things we can offer to you. Second, to learn more about growing your business, just download my book, The Coach Approach. It's free for you at giftfrombill.com. That's giftfrombill.com. Hey, and if you'd like more info about growing your business and what we can do to help you grow your business, send me an email directly. Just send it to williamgilliland at actioncoach.com.

10:17That's my personal email that I read. No one else reads it first. It's not screened. It's my real email. Just send it to me. I can't wait to talk to you. Hey, and until then, all the best.