Lesson #1: Take Small Steps To Big Ideas
Lesson #1: Take Small Steps To Big Ideas
If ever there was a dreamer in the world of high finance in America, it was Morgan. From creating the country’s first ever billion-dollar company to buying $200 million worth of government bonds and thereby preserving the U.S. government’s credit, Morgan created a reputation for himself throughout Wall Street as a big thinker. He was not afraid of high stakes, and indeed sought them out.
On the surface, it appeared as if Morgan never did anything on a small scale. But, appearances can be deceiving. Indeed, it was only by taking small and gradual steps towards his bigger ideas that he was able to work his way to the top. Morgan didn’t stop dreaming big, but he recognized that in order to achieve his dreams, he would need to take modest and practical steps in that direction.
Part of the importance of thinking big but acting small lies in the necessity of being realistic about one’s business plan. Indeed, it is necessary to have a grander vision to work towards; that is where the inspiration and the drive come from. But, as Morgan knew all too well, he would need to take practical and sensible actions to achieve that vision.
Morgan once said, “No problem can be solved until it is reduced to some simple form. The changing of a vague difficulty into a specific, concrete form is a very essential element in thinking.” Much like a problem has to be reduced to a simpler form to understand, so too does a vision have to be reduced to a series of practical steps. It was Morgan’s understanding of this concept that led him to slowly build up his career. He didn’t start off at the top immediately; he didn’t jump right in to making million dollar deals. Instead, he worked his way up, gradually gaining experience, new skills and contacts along the way.
The first small step Morgan took was to educate himself to the best of his abilities. He attended the best schools and tried to learn from those who were already where he wanted to be – at the top. The University of Gottigen was therefore step number one. Step number two was taking up employment with Duncan, Sherman and Co. He never wanted to be a junior accountant; in fact, he never wanted to be a junior anything. But, he knew that he had to work his way up. From there, he took off. Without these years of hard work, Morgan never would have gained the experience or the reputation he had, which drove his career in the later years.
But, in planning out his steps, Morgan never ever lost sight of his vision, of the bigger picture he had in mind. Having faith that he could get there was all part of the plan; “When you expect things to happen, strangely enough, they do happen.”
Lesson 1 Take Small Steps To Big Ideas
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“Go as far as you can see,” said Morgan. “When you get there, you’ll be able to see farther.”
If ever there was a dreamer in the world of high finance in America, it was Morgan. From creating the country’s first ever billion-dollar company to buying $200 million worth of government bonds and thereby preserving the U.S. government’s credit, Morgan created a reputation for himself throughout Wall Street as a big thinker. He was not afraid of high stakes, and indeed sought them out.
On the surface, it appeared as if Morgan never did anything on a small scale. But, appearances can be deceiving. Indeed, it was only by taking small and gradual steps towards his bigger ideas that he was able to work his way to the top. Morgan didn’t stop dreaming big, but he recognized that in order to achieve his dreams, he would need to take modest and practical steps in that direction.
Part of the importance of thinking big but acting small lies in the necessity of being realistic about one’s business plan. Indeed, it is necessary to have a grander vision to work towards; that is where the inspiration and the drive come from. But, as Morgan knew all too well, he would need to take practical and sensible actions to achieve that vision.
Morgan once said, “No problem can be solved until it is reduced to some simple form. The changing of a vague difficulty into a specific, concrete form is a very essential element in thinking.” Much like a problem has to be reduced to a simpler form to understand, so too does a vision have to be reduced to a series of practical steps. It was Morgan’s understanding of this concept that led him to slowly build up his career. He didn’t start off at the top immediately; he didn’t jump right in to making million dollar deals. Instead, he worked his way up, gradually gaining experience, new skills and contacts along the way.
The first small step Morgan took was to educate himself to the best of his abilities. He attended the best schools and tried to learn from those who were already where he wanted to be – at the top. The University of Gottigen was therefore step number one. Step number two was taking up employment with Duncan, Sherman and Co. He never wanted to be a junior accountant; in fact, he never wanted to be a junior anything. But, he knew that he had to work his way up. From there, he took off. Without these years of hard work, Morgan never would have gained the experience or the reputation he had, which drove his career in the later years.
But, in planning out his steps, Morgan never ever lost sight of his vision, of the bigger picture he had in mind. Having faith that he could get there was all part of the plan; “When you expect things to happen, strangely enough, they do happen.”
Lesson 1 Take Small Steps To Big Ideas
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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John AlexanderJohn has taught keyword research and SEO skills to small groups of business owners and Webmasters from over 80 different countries world wide since 2002. John is also the Director of Search Engine Academy ; Co-director of Training at Search Engine Workshops offering live, SEO Workshops with his partner SEO educator Robin Nobles, author of the very first comprehensive online search engine marketing courses at SEO Training Online and the SEO Workshop Resource Center. I look forward to hearing from you! - Visit John Alexander's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
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