Good Morning, Achievers!

Another wonderful week lies directly ahead of us.

While most people hate Mondays, we embrace them.

Be grateful for the week ahead.

This weeks topic

This week, I want you to think about your feedback loop.

Do you have one?

For your business or for yourself?

Either way, a feedback loop is crucial for success.

It’s what allows you to improve.

But first, what is a feedback loop?

A feedback loop

A feedback loop is, as the name suggests, feedback that you receive systematically from different sources.

These sources can be direct contact with other people, or data.

But why is that so important?

Well, feedback is the only way you can realize that something needs adjustment.

The problem is that we often neglect feedback because it tends to be negative.

In reality, negative feedback is the best kind, because you can learn the most from it.

You can distinguish between real feedback and hate.

Of course, hate is the worst form of feedback, and it is also the least useful.

If someone spreads hate, it may be because the person is jealous or just dislikes what you’re doing.

This means hate can indicate that what you’re doing is either so great that it provokes strong reactions, or that it’s actually very bad.

But let’s focus on real, intentional feedback.

If someone offers you advice that is very negative, you need to think about it:

Is what this person says true?

How do you expect to improve if you don’t know where to improve?

Improvement means recognizing the weaknesses and bottlenecks in your personality and your business.

Welcome negative feedback.

Analyze it.

Implement it.

Make things better.

Lesson

1. The next time you create something new, have people (or data) by your side who will honestly tell you how things are.

Are the things you do good? Are they terrible? Where can you make improvements?

2. Make improvements and return to your feedback. Let others evaluate the outcomes again.

For this step, it might be powerful to get a new group of people (if you’re not working with data), since they aren’t biased by your first outcome.

3. Return to your outcome and adjust based on what your people told you.

This way, I can guarantee you will make progress.

Takeway

In short:

• Learn to receive honest, negative feedback.

• Find a way to create a feedback loop (network with customers or collect data).

• Constantly improve based on your feedback loop.

Quote of the week

“Insanity is doing the same thing over and over again and expecting different results.“

— Albert Einstein

This quote says it all.

If nothing changes, nothing changes.

If you don’t do something different, you won’t improve.

That’s why we need a feedback loop to guide us to the things we should improve.

That’s it for now.

Feel free to share any thoughts or questions you have.

I’m open to everything.

Wishing you a productive week!

Let’s make it count.

Elias