Last week I highlighted a trap many entrepreneurs fall into; the need to innovate everything. Another trap is the need to make everything ‘new school’.
Jumping on the latest thing isn’t always smart, in fact sometimes it can be downright stupid. When assessing change you need to consider if this is a trend or a fad.
Most are fads.
Jumping from fad to fad is a great way to kill a business.
‘Old school’ has its place. Some things have stood the test of time for a reason. Some values are the foundation of good practice regardless of what time we are at in history.
In this TED talk by the late UCLA Bruins coach, John Wooden, he shares what I believe are the foundations of success in any arena. John Wooden is someone I admire and respect and this is well worth a watch.