On November 16th, Fox News broke an amazing news story Newt Gingrich is now the GOP front runner. The former House speaker is at 23 percent, essentially tied for the lead with Romney, with 22 percent. What are the top 3 lessons from this can we apply from this to business?
1) Credibility is key. Rick Perry & Herman Cain lost their credibility within the past two weeks. Herman Cain lost his credibility due to lack of character and Rick Perry lost his credibility due to being horribly unprepared for a debate. In business, we develop credibility by operating our business with integrity and with simple and effective solutions to complex problems – then we make sure all of our target clients know about it.
2) If you lose face, you can recover, with time. Newt Gingrich fell from grace when he slammed GOP darling Paul Ryan, then had his entire campaign staff quit, and had some bad press about his extravagant lifestyle. With time he delivered intellectually sound arguments in a forceful way and when Rick Perry and Herman Cain fell flat, his past was pretty much forgotten. In business, if we can consistently deliver great customer service, if we make a mistake we can recover by continuing to deliver great customer service.
3) Never give up. Newt was considered down and out, yet he kept fighting and now he is back leading the pack. In business, work hard and keep working hard and you will get ahead.