Everyone experiences this!


Amar Pandit
A respected entrepreneur with 25+ years of Experience, Amar Pandit is the Founder of several companies that are making a Happy difference in the lives of people. He is currently the Founder of Happyness Factory, a world-class online investment & goal-based financial planning platform through which he aims to help every Indian family save and invest wisely. He is very passionate about spreading financial literacy and is the author of 4 bestselling books (+ 2 more to release in 2020), 8 Sketch Books, Board Game and 700 + columns.

June 29, 2021 | 6 Minute Read
“What does he mean by this?”, you might wonder.
Answer: Growth Plateau

Look at the typical growth curve of a firm.
You have 2 choices when you hit a Growth Plateau:
Choice A) Do something about it.
- Invest in the Firm.
- Unlearn, Relearn, and Practice, Practice and Practice (on the way to Mastery). It is important to do the work. The Hard Work.
When you do something new, it seems like you are falling behind, and in fact you will. You are taking 2 steps behind to run fast like a tiger taking 2 steps behind.
Look at the Valley of Death in the above Sketch. You have to survive this. This can easily last for 3-12 months or more depending on the way you do it. Most people give up in the valley of death when they do not find the quick success they were hoping to find. Some people do find success, and most will if they keep doing the work consistently day after day.
Some excuses or reasons that you tell yourself during the valley of death journey (Trust me there are many more):
- I met with 3 people, and they didn’t sign up.
- This will never work.
- HNIs do not understand this.
Choice B) Do nothing and hope it will Pass.
Many are in this camp. They indulge in wishful thinking that everything will be fine. If this was not enough, they again get into wishful thinking but this time as a group. It appears that these firms are growing thanks to Mark to Market appreciation, but needless to say, such firms have entered a phase of steady decline. This is similar to the damage caused by termites. Things look fine on the outside, but these are times when most founders destroy value in their firms by practically doing nothing.
What will you do?
The Quick Fix person will leave once they hit a growth plateau and start doing something else.
Stressors freak out at the plateau and end up taking stress. They become super indecisive. They move from one webinar to another but seldom make decisions for doing what needs to be done.
Masters on the other hand say, “You are here sooner than I thought” and then go about figuring out how to overcome the plateau.
Therefore, masters are masters. When people encounter plateaus, they are discouraged, and many quit or stop doing stuff. Masters know it is normal and they keep going on. They do not stop.
As we all know in muscle building “The burn is where the growth starts“.
Similar Post
Growth
The Second Objective of your First Prospect Meeting
Imagine your first meeting (the one you have initiated) with a prospect. You have got this meeting after a year of chasing the prospect and you want to close the prospect and add o ....Read More
25 August, 2020 | 5 Minute Read
Growth
From Forests to Firms: Mycorrhizae as a Blueprint for Sustainable Growth
In their book, CEO Excellence – The Six Mindsets That Distinguish the Best Leaders from the Rest- Authors Carolyn Dewar, Scott Keller, and Vikram Malhotra wrote, “Walk through ....Read More
2 July, 2024 | 5 Minute Read
Growth
The Future of Remote Work
We have experienced the biggest experiment in WORK over the last 18+ months. People have worked remotely not only from home but literally from anywhere. WFH and WFA (Work from Anyw ....Read More
9 November, 2021 | 5 Minute Read
Growth
Are you doing Deep Work?
American Actor and Comedian Steve Martin was once asked for his secret of success “He said that there is no secret but if you are thinking how can I be really good, people will c ....Read More
10 November, 2020 | 5 Minute Read
Growth
Is Our Iceberg Melting?
Are you wondering what this headline question means? Let me give you a hint – it’s about changing and succeeding under any conditions. Prof. John Kotter and Holger Rathbeger ....Read More
23 August, 2022 | 5 Minute Read
Growth
Becoming Future You: The Struggle Between Now and Tomorrow's Success
One of the big problems with setting goals is that we’re bad at imagining our future self. Remember what you imagined you’d be as an adult when you were a kid? I’m guessing ....Read More
5 December, 2023 | 7 Minute Read
- 0
- 1
0 Comments