Are you ever astonished by the number of people hoping to find some magic formula that will guarantee success? I sure am. While I suppose it might be possible to create a formula that goes something like “effort + persistence + patience = success” even that is no guarantee, because so much depends on what kind of effort in what direction and so forth.
However, Tom Asacker has developed a very interesting formulation to map business direction for 2009. It goes like this.
EF = A/S + I/P
You’ll need to look at Tom’s A Clear Eye blog to get the explanation. I think you’ll find it well worth your time.