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Education


                              StreetSmarts                                                SM



























                                                 Mediocrity





        By Marc Beauchamp                                        as in almost every businessperson I've had the privilege to
        Bankcard Life                                            work with. It's not whether it will show up in your life but,
                                                                 more importantly, how you will counter it when it does.
                     here have you settled for mediocrity?  As   Don't be a Frog
                     things begin to shift to a more positive out-
                     look, I want to start discussing high-perfor-  Unless you are vigilant, mediocrity will creep up on
        W mance strategies I'm passionate about that             you. It's akin to the boiling of a frog. What does this have
        play  a  major  role  in  the  results  we  produce  across  our   to do with boiling a frog? You've probably heard of the
        businesses and lives.                                    fascinating 19th century science experiment I'm referring
                                                                 to. As the story goes, researchers found that when they
        Let me start with a question: What makes one person far   put a frog in a pot of boiling water, the frog instinctively
        exceed another who has relatively the same intellectual   jumped out immediately. On the other hand, when they
        capacity, skill set and resources?                       put a frog in cold water and put the water to boil over
                                                                 time, the frog eventually boiled to death.
        Performers versus non-performers
        I've been observing salespeople, middle management       The  hypothesis  is  that  the  change  in  temperature  is so
        and executives for over 30 years and have noticed        gradual, the frog doesn't realize it's boiling to death until
        several fundamental distinctions that separate the non-  it's too late. While the results of the experiment are in
        performers from the real producers. When I use the word   question, it's a good metaphor for how mediocrity can
        distinction, I'm using it in the context of a demonstration   slowly take over every area of your life.
        of excellence that sets one individual apart from another.
                                                                 The distinctions I've identified address the necessary
        I want to share, at least from my perspective, what are   alignment across six domains, which I believe promote
        driving mindsets and behaviors that, when diligently     the realization of the dream of owning a thriving
        practiced, can set anyone free from the chains of        business and living an awakened life. These domains
        mediocrity. Mediocrity comes from the Latin word medius,   are the foundation of what I strive to live and share with
        meaning middle and ocris, meaning a rugged mountain.     others, whether they are new to the industry or have been
        Literally it means to settle halfway to the summit of a   in payment processing for years. This is the foundation.
        rugged mountain.                                         The six domains

        It's a compromise of abilities and possibility, an arbitration   The six domains are:
        between the drive to excel and the biological urge to settle
        for the most comfortable option. It's choosing the easier,   •  Purpose
        softer way.                                                  •  Possibility
        I've seen mediocrity raise its ugly head in my life as well   •  Planning


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