Zebra Effect?
Massive changes and challenging times can lead to a multitude of thoughts, pressures, and to-do lists that require focused attention in order to successfully transition your business or organization in the right direction.
Our current market has created a whirlwind of change. Many of us are having to rebuild our businesses, adjust our teams, and tighten our budgets. With so much change and areas that need major attention, it can feel overwhelming. It becomes hard to decide what needs your attention and where to begin. Things can begin to feel like one big mess that is jumbled and overwhelming. This is the zebra effect.
Zebra Effect
The zebras’ stripes are their protection. When zebras are running in a herd together their stripes get all jumbled together and make it impossible for a lioness to distinguish the individual zebra from the herd. Unless one zebra gets separated from the group the lioness is not likely to be successful in her hunt.
When facing a mountain of tasks or things that need to be changed, you can get so lost in the things that need to get done. It can be hard, if not impossible, to know where to begin. The key is separating the tasks from the herd.
Killing the Zebra
Knockout small quick wins- they build momentum and confidence and over time with consistency they begin to compound and yield huge success.
80/20 rule- What are the one or two things that will give you the biggest return for the smallest effort?
Plug the hole in a leaky bucket - Fix the things that are creating a leaky bucket
Clear the field & remove the weeds - what are the things that need to get done to pave the way?
What are the things that you are uniquely qualified to do and what should be assigned to everyone else?
Is this necessary to achieve the main goal? Remove anything that’s not necessary. Is this necessary to achieve the main goal? If not, move it to a "do later" list.
What’s the very next thing that you can easily do to move the ball further down the court?
Notes that Resonated
People are closed fisted with their money yet squander their time. Sadly, only time cannot be replaced.
Create an aggregation of marginal gains.
Stop focusing on big things to create massive change.. focus on all the little things that collectively can have massive improvements and compounding over time.
Move towards little progressions every day. Do little improvements and have them optimal by next week
Small steps stick… Big moves are harder to sustain
You’re not stuck until you stop
How well are you managing the miracles and blessings you have been given?
God has given you everything you need for the season you are in.
Are the battles in your mind bigger than your blessings?
You can’t win in your own strength… lean on His.
Where God guides, He provides - Steve Furlick
Videos to watch
Adjust your perspective:
Sales & Marketing
Picturing your target market: “Who am I selling to?”
Establishing your brand: “What space do I want to own?”
Providing a solution: “What problem am I solving?”
Your Niche: “What’s one thing that sets you apart? What is different about the way you do things?”
Top Quotes
“The only impossible journey is the one you never begin.” -Tony Robbins
“The best revenge is not to be like your enemy.” -Marcus Aurelius
“When you are angry be silent” - prophet Mohammad
Romans 8:18 “The pain you’ve been feeling can’t compare to the joy that is coming!”
Productivity
17 questions that can change your life- Tim Ferris
https://tim.blog/wp-content/uploads/2020/01/17-Questions-That-Changed-My-Life.pdf
Mortgage Market
Adjust your budgets to 50% of last year and double your sales calls, PQ’s, and outbound calls. You have to set yourself apart from the competition. (see the sales and marketing section)
https://www.calculatedriskblog.com/2023/10/mba-mortgage-applications-decreased-in_01141628428.html
FED commentary and rate hike projections
This week from BofA:
"We still do not expect a hike in November, as the Fed is clearly worried about the extent of financial tightening. But today’s robust spending and inflation data keep a December hike on the table, as they are a reminder that the war on inflation has not yet been won."emphasis added
And from Goldman Sachs economists: "Fed officials appear to have signaled that they will not be hiking at their November meeting next week, and we interpret their recent comments to imply that most would prefer not to hike again, consistent with our forecast. ... the story of the year so far has been that economic reacceleration has not prevented further labor market rebalancing and progress in the inflation fight. We expect this to continue in coming months, with core PCE on track to undershoot the FOMC’s year-end projections."
Key housing market stats
The median home-sale price as of September 2023 was $394,300, up 2.8 percent from one year ago, according to NAR data.
The nation had a 3.4-month supply of housing inventory as of September, per NAR, which is low enough to be considered a seller’s market.
Home-price growth rose by 1.0 percent in July 2023, marking the sixth consecutive month of increases, according to S&P CoreLogic’s latest Case-Shiller Index.
Bankrate’s latest national survey of large lenders shows the average rate on a 30-year mortgage was 8.01 percent as of October 25, 2023. The last time it was this high was in August 2000.
The U.S. inflation rate as of September 2023 was 3.7 percent — still a bit higher than the Fed’s stated goal of 2 percent.
https://finance.yahoo.com/news/housing-market-predictions-2024-041505011.html
