If this ratio is high. You will be successful.
Success, I believe can be boiled down to a relationship between two variables:
Success = Volume / Time
Examples:
To be a successful salesperson, you need to make cold-calls. Cold-calls are your volume. To have a successful podcast, you need to produce episodes. That is your volume. To have good grades you need to make mistakes and learn from them. Attempting textbook questions is your volume.
Volume alone is not a good enough indicator of effort, unless there’s a time variable attached.
“I cold-called 100 people this week.”
VS
“I cold-called 100 people today.”
One is producing higher output than the other. Easy to decide which horse to bet on.
Story from Alex Hormozi illustrating the function in action:
A pottery class was broken into two cohorts.
The goal was the same: produce one ‘perfect pot’ at the end.
The two cohorts had different instructions.
First cohort could just practice different techniques and learn about how to create the perfect pot.
The second cohort had to create 100 pots as fast as possible instead of learning and practicing the techniques.
In the end, which class do you think did better?The second one. By producing 100 pots, their 101st pot was WAY better than the class that just practiced and learned about the techniques without actually creating the pots.
Takeaway:
Quality over quantity excuse is BS. Higher quantity with intention will lead to higher quality. The only way you learn is by DOING. Why? Fastest feedback loop.
Going back to my point:
Identify the output you want. Identify what is the ‘rep’ you need to put in order to have that outcome. And the quantity of reps you think will get you there. That’s your volume. Give yourself a time over which that volume will be completed. Monitor and adjust the variables as you see fit to get the outcome you desire. It’s simple. It’s boring. That’s why it usually doesn’t get done.
Caution:
The ‘success’ outcome has to account for more than just money. If you make 100 cold-calls a day, but you feel like shi* and a burnout, then adjust. You won’t have the same output as a person with higher volume/time ratio, but you will be in the game for longer. If that’s what you want.
Ideally find a game, where your volume/time ratio is higher than that of other players with less effort on your end. This can happen when you actually like doing the work more than the outcome of doing the work. But that’s a whole other topic.