Seven secrets of wealth creation; do it faster #1

There are seven excellent step to increment your value in work and in your World. Any of these ideas should be enough itself to become financially independent or successful. When all these idea Are put together you will start to make more money and move rapidly ahead than you ever thought possible.

The number one of the step to increase your value is to do things faster. Increase speed at which you deliver your output or result that other people want. Everyone today is impatient and a customer who was not aware that he wanted your product or service until today now needs it yesterday.

As a result, these seems to be direct reciprocal between the speed at which you serve people and their view of the value your product or service possess. When you do thing faster, you reflect to be more proactive and competent than someone who does it slowly. Your product are considered to be of higher quality as well. Speed gives you an important over your competition in almost every circumstance.

Every idea or innovation in business and industry today is targeted at reducing the total time it takes to get a particular output. They targeted at increasing the speed at which you satisfy your customers with what they need. Every technogical improvement deal with accelerating the process and accomplishing the job done faster. Most of the well known management concepts that are executed nowadays deal with speed and time reduction.

Practices like restructuring, reengineering, reinventing and reorganisation are steps of streamlining the process of developing and increasing value quickly than competition.
More and more business competition is targeted at leapfrogging other companies in finding better ways to serve customers faster. Every new speed recording and satisfying customers become the priority that the coming competition has to match if they really want to stay at the peak of market.

What the producer need is an idea for serving his customers 10% faster than other competitors and you could be on your way to financial independence. Domino's pizza own by Tom Monaghan started with the idea of delivering pizza faster than other competitors. Not quite long, he retired with personal fortune of about $1.8 billion dollars. So be thinking everyday about how you could speed up the step or process of serving your customers quickly and don't forget that the real source of value that people gladly pay for is speed.

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