Let’s imagine two trees aregrowing near to each other. Trees compete for sunlight and nutrition from soilbut one of the trees is growing a little bit faster than the other. It absorbsmore sunlight and more nutrition, one the next day; the bigger tree will absorbmore sunlight and more nutrition and grow taller. And soon the taller tree willcover the most part of the area and no area for a slow growing tree. The tallertree will produce fruits fast and ultimately gives more and fast seeds. The nextgeneration of trees will grow even more faster and ultimately will cover thewhole forest. It is called accumulativeadvantage meaning the small advantage grows over time.
How it is related to usin real life? Let’s find out!The winner gets everythingThe samegoes for people. We compete for the same money, respect, resources or everythingelse. Such an effect, when a small difference in the return leads to adisproportionate reward, is called the “Winner takes all”effect. It is enough to have an advantage of only one percent, one second,one dollar to get a 100% reward.
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Any decisions related to limited resources, such as time and money, naturallylead to a situation where the winner receives everything.Once youstart winning at the smallest level you start gaining advantages, it adds upand it makes you successful again and again.The winner gets the most”Winnergets everything” effect, characteristic for individual competitions, oftenleads to the appearance of the “Winner gets the most” effect in otherareas of life. Having found himself in a profitable position (having won a goldmedal or having received a director’s chair), the winner begins to accumulateadvantages that help him win again and again.
What was initially only asmall margin, now becomes more like a rule 20/80. Winning oneincreases the chances of winning in the other. And each succeeding successonly strengthens the position of the winners.
Over time, all the awards andbenefits are for those who at first slightly outperformed competitors and thosewho have lagged behind remain almost with nothing. The smalldifference in work with time can lead to an uneven distribution ofprivileges. That’s why right habits are so important. It is enough to surpass competitors only by 1%. But if you maintain youradvantage today, tomorrow, day by day, you will win over and over again due tothis advantage. And every victory will bring all the best results. This is the rule of 1%.
Do not need to be twice as good to get twice asmuch. You need to put more effort into just 1%.