Riding the Wall: Unconventional Thinking in Business and Racing
Murtaza Manji
Board Member, Investor, Entrepreneur. Curator at WFTS (Launching Soon!) Always Learning, Experimenting and Pushing Boundaries. Business & Leadership Coach. Crafting 8 & 9 figure exits (1,530+ clients so far!)
"Sometimes you gotta do what you gotta do to make it work."?— Ross Chastain
Have you ever felt like you were out of options, boxed in, and stuck on the path to failure??Hold that thought.
It's the final lap of a crucial NASCAR race at Martinsville Speedway. Ross Chastain, sitting outside the cutoff for the championship, needs to advance several positions in less than 20 seconds to keep his title hopes alive. Conventionally? Impossible. But Chastain isn't one to be confined by convention.
In a move that left the racing world both stunned and electrified, Chastain did the unthinkable. He put his car against the wall, floored the accelerator, and let physics catapult him past five competitors. Riding the wall at full throttle, he crossed the finish line with just enough points to advance to the Championship 4. It was a jaw-dropping spectacle that defied all norms of the sport.
This wasn't just a wild stunt; it was a calculated risk born out of necessity and creative thinking. Chastain's audacious move is a masterclass in unconventional thinking—a lesson that you, as an entrepreneur, can take to heart. When the usual strategies aren't enough, sometimes you have to ride the wall.
Breaking the Mold: When Conventional Strategies Aren't Enough
In both racing and business, sticking to the tried-and-true methods will only get you so far. The market is saturated with competitors all following the same playbook. If you want to leap ahead, you NEED to break the mold.
Think about it: Chastain could have accepted his fate, followed the usual racing lines, and ended the day with a respectable but insufficient finish. Instead, he recognized that traditional strategies wouldn't cut it. He needed something bold, something no one else had the idea or guts to try.
In your business, you might face similar crossroads. The market is shifting, and your standard tactics aren't delivering results. This is when unconventional thinking becomes not just beneficial but essential. It's about finding that unique angle, that innovative approach that sets you apart from the rest.
The Power of Thinking Outside the Box
Pressure can either crush you or catalyze innovation. Under the immense stress of the final lap, Chastain didn't buckle; he got creative. He recalled a move from a video game he played as a kid - yes, a video game - and brought it to life on the track. It was unorthodox, risky, and it worked.
We often impose limitations on ourselves, adhering to industry norms and "best practices" without questioning them. But true innovation happens when you dare to think differently. Remember, every groundbreaking idea was once considered crazy.
So how do you break free from these mental barriers??
Start by challenging your assumptions. Ask yourself, "Why do we do it this way?" and "What if we tried something entirely different?”?
Encourage your team to share out-of-the-box ideas without fear of ridicule. Create a culture where unconventional thinking is not just accepted but celebrated (or get in touch if you need a hand in creating it).
Calculated Risk-Taking in High-Stakes Environments
Now, let's be clear: unconventional doesn't mean reckless. Chastain's move, while daring, was a calculated risk. He understood the potential consequences—damage to his car, the possibility of a crash—but he also saw the enormous upside.
In business, taking calculated risks is essential for significant gains. It's about weighing the potential rewards against the possible downsides and deciding if it's worth it. Data and experience inform these decisions, but sometimes you have to rely on your instincts too.
Maybe you've been contemplating entering a new market or launching an innovative product that doesn't fit neatly into your current portfolio. The safe route is to stick with what you know. But as Chastain showed us, sometimes the safe route won't get you where you need to be.
Fearlessness and the Willingness to Fail
One of the most compelling aspects of Chastain's maneuver was his willingness to embrace failure. He didn't know if his plan would work; in fact, no one had ever tried it before in a professional race. But he was willing to risk it all for a shot at success.
As an entrepreneur, fear of failure can be paralyzing. It keeps you tethered to the familiar and prevents you from seizing game-changing opportunities. But what if you reframed failure as a learning experience rather than a dead-end? Every misstep brings you one step closer to finding what does work.
Thomas Edison famously said,?"I have not failed. I've just found 10,000 ways that won't work."?Imagine if he had stopped at the first sign of failure. Embracing uncertainty and being willing to fail opens doors to possibilities that others won't even consider.
Applying Unconventional Thinking to Your Business
So how can you bring this mindset into your own entrepreneurial journey?
By fostering a culture that values innovation and isn't afraid of failure, you set the stage for breakthroughs that can propel your business forward.
Lessons from the Racetrack
Chastain's daring move teaches us several valuable lessons:
As Steve Jobs once said,?"Innovation distinguishes between a leader and a follower.”?
In a world where everyone is following the same racing line, sometimes you need to create your own path. Unconventional thinking isn't just about being different for the sake of it; it's about finding better solutions to complex problems. It's about daring to take risks when the potential rewards justify them.
So next time you find yourself boxed in with no clear path forward, remember Ross Chastain and ask yourself: What wall can I ride to overtake the competition?
Call to Action:?Challenge yourself this week to think unconventionally. Identify one area in your business where traditional strategies aren't yielding results and brainstorm bold, new approaches. Share your experiences and ideas in the comments below—I’d love to hear how you're riding the wall in your entrepreneurial journey.
Ready to accelerate your business? If you're doing <$5m, get in touch to inquire about the V8 program - building a $10m business. Currently open by application only!
And if your business is >$5m, learn about how our customized 1:1 business coaching programs can help you build a 9-figure exit.
Also: Subscribe for more high-octane lessons from the racetrack.
Leader in Strategic Planning | Product Development & Quality Control | Production Planning & Control Expert
2 周Ross Chastain's move is a bold example of thinking outside the box! ?? How do you suggest entrepreneurs balance unconventional strategies with potential risks? On another subject, it would be great to connect! Feel free to send me a request.