Many people say they want to be a 10xer, but very few people know how to become one.
This post outlines how you can become a 10xer in your own organization and how you can identify other star employees in any business.
What is a 10xer?
A 10xer is someone who brings 10 times the value to their company as compared to their peers.
They impact the business almost immediately. The organization is improved in a matter of weeks, and their peers notice very quickly that they’ve found someone special.
Here are the 4 things you can do to become a 10xer:
1. See opportunities where others only see threats.
The ability to understand and analyze threats to a business is important. This is especially true if it’s a large, established multi-billion dollar business that needs to focus on protecting its downside.
Companies have entire teams focused on identifying and neutralizing potential threats. Sometimes this is necessary, but oftentimes it’s not. Many threats are not as severe as they initially seem. And if a business spends all its focus on threats, it will no longer innovate and no longer grow.
If you want to be a 10xer, you need to be the one discovering massive opportunities for growth. And the younger the business, the more time should be spent on growth vs. threats.
This is hard because the threats are real. They are important. They could really hurt the company. And the big threats should definitely be tackled head-on. But not every threat needs to be addressed. And even those that do need to be addressed don’t need to be addressed fully.
It takes experience to discern which threats are important to mitigate and which threats are less severe. Employees with large company experience are often in “threat-mode” more than they should be. This gives you a potential advantage.
Smart employees at start-ups often spend over 80% of their time on threats and less than 10% on opportunities. But the 10xers spend over 50% on opportunities.
That’s how you can start to become a 10xer; spend more time on finding opportunities than you do identifying threats.Continue reading