Track Daily Progress to Move Your Business Forward
July 8, 2014
by Dan Richards
ValueWalk's Raul Panganiban with Maurits Pot, Founder and CEO of Dawn Global. Before this he was Partner at Kingsway Capital, a frontier market specialist with over 2 billion AUM. In the interview, we discuss his approach to investing and why investors should look into frontier and emerging markets. Q2 2021 hedge fund letters, conferences and Read More
Few of us will ever run the 26 miles of a marathon. But you can apply some lessons from new research on marathon runners to hit your own goals and help clients hit theirs.
This was the takeaway from a recent New York Times article. By setting clear goals that are important to you and your team and closely tracking progress against those goals, your chances of success go up dramatically. One of those lessons is particularly striking: While mid- and long-term goals have value, it’s immediate, day-to-day goals that lead to significant changes in behavior.
Why marathon runners – just barely – hit their goals
How to win multi-million dollar clients
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Here’s an excerpt from that article, showing how finishing times in marathons spiked just before key intervals.
Distribution of marathon finishing times: The small spikes are people making their goals, with not a minute to spare. A finishing time of 3:59 is 1.4 times as likely as one of 4:01.
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