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success - Turbo Coach, achieve breakthroughs - Brian Tracy

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Where Are You on the Sigmoid Curve?<br />

49<br />

ness and revenues surge ahead, possibilities multiply, and the<br />

atmosphere is one of energy and exhilaration. This is an exciting<br />

time in a career or business when opportunities present<br />

themselves at every turn and mistakes are merely chances to<br />

learn and grow, leading to new avenues for <strong>success</strong> rather<br />

than failure.<br />

In phase three, the Decline Phase, careers and businesses<br />

experience a drop in sales, rewards, and excitement. The atmosphere<br />

mirrors the decline in revenues and is marked by a<br />

loss of enthusiasm and a dip in morale. The verve and excitement<br />

that marked phase two diminish. You may question<br />

whether you have chosen the right career, or if you should be<br />

in the business you have chosen for yourself.<br />

Successful people learn to track the health of their careers<br />

or businesses by continually monitoring their positions on<br />

the Sigmoid Curve. They respond quickly and decisively to<br />

any changes that could affect their futures or the futures of<br />

their businesses.<br />

In phase one, the qualities of courage and persistence<br />

help you hold onto the vision you have for your career or<br />

business. Flexibility in setting and executing strategy to attain<br />

that vision is also a key trait during this phase.<br />

During phase two, enjoy your growing <strong>success</strong> but keep<br />

a close watch on both the economy and the marketplace.<br />

Never allow <strong>success</strong> to make you complacent. Be prepared to<br />

make whatever changes are needed to keep your competitive<br />

edge. Your first responsibility to both your career and your<br />

business is to recognize and understand changes and influences<br />

in your market and continually adapt both yourself<br />

and your business to ensure continuing <strong>success</strong>.<br />

While you are in phase two, take advantage of strong<br />

revenue and profits by building a substantial cash reserve

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