Another One of Those
You see them coming once you’ve been there a couple of times.
Ray Dalio uses the phrase ‘Another one of those’.
You learn to see the signs and you get a little better with dealing with them each time.
Throughout your journey you’ll have actions you’re good at and actions that need improvement. Whether signing the next project, hiring a key role or marketing a product, it’s always ‘another one of those’ once you’ve been through it.
Reflect and learn from past actions. Dissect what was & wasn’t successful. Refine your approach. There will always be refinement, but with another one of those, you’ll learn to see the key points.
If you can see it in the distance and have time to prepare, you’ll feel better with yourself. Then, once it’s passed, you have more data to compare with past and present experiences. You’ll see that you’ve grown on this path.
The inflection points may happen every 5-7 years or so. They’re key deciding beats which will dictate your journey.
They’re inevitable and invariable but they’ll make you antifragile.
What can you do to prepare for your next inflection point and how will that change your strategy?