What do you do when you’re faced with a difficult decision? Keep working (or work harder) on the business…or shut it down? Stick with this problem employee…or let them go? Sell the 30-year-old family business…or refinance?
These are just a few of the questions business owners and leaders face every day, and they’re tough! And if this is your first time in the entrepreneurial pool…then can be even tougher.
On today’s installment of 7 Minutes in the Morning, Thom will wrap up the week and talk about how to make difficult decisions!
Have you ever had that feeling that maybe this just wasn’t meant to be? Even though I’ve worked really hard at it, for a long time, I should just cut my losses now?
The good news is, everyone who has ever tried something new, difficult, and/or worthwhile has felt that way…so you’re in really good company. The BETTER news is…well, watch or listen to the podcast…I don’t want to give it ALL away here!
Question of the day: What do you want to do but believe you are unqualified or unable to do?
Have you ever known someone who constantly believed they were falling prey to the latest malady in the news? Cancer from styrofoam cups? Yep! Flesh-eating bacteria? You know…my arm has been itching a lot…!
There is a medical condition known as hypochondria where your mind convinces you that you have a condition…so your body begins to act like you have that condition! It becomes a self-reinforcing condition!
So here’s my thought…if you mind is powerful enough to make you sick…why can’t you mind be powerful enough to make you well? Or in the context of your work or business…if your mind can prevent you from being successful, why can’t your mind assist you in being successful!?!?
You’ve probably heard the old axiom “fake it till you make it,” right? Well, there’s definitely a bit of truth in that. In EVERY successful endeavor, the first person you have to convince that it’s going to work…is YOU!
How many times have you seen a great opportunity but passes on it because of {insert your weak excuse here}!
STOP Doing That!
Instead, find the reasons why you should jump head-long into that opportunity and make it a winner. Remember, there are a million reasons why not, only one great reason why!
Drop a comment below and let us know what opportunity you are going to move on today! Make a commitment then take action to make it real! It’s the only way to change your future!
What dream do you have that is so big, so crazy, so ridiculous that you hesitate to share it with anyone else…but you just can’t let it go?
Last week we talked about fear and the role it plays in reaching your dreams, this week we’re talking about boldly pursuing your dreams. This week, we’re gonna jump start your journey to reaching that dream by creating some clarity around what you want and building some confidence behind your ability to do it!
Lately, the word desire seems to have taken on a negative connotation. The reality is that the desire of your heart is there for a reason. You are uniquely gifted, talented and placed to have an abundant life and play your part in the bigger picture. Desire is that calling…that aching that continuously draws you into the role you are uniquely qualified and able to fulfill.
As we make our way through this week, I want you to focus on the big dream, that BHAG (big, hairy, audacious goal)…today, work to define it, refine it, and put it into one powerful sentence. Something you can say to yourself every time the going gets tough and you want to quit. Something you can share to rally others to follow you. Something that will light a fire in your belly and keep it blazing until you make it a reality!
I find myself asking this question a lot at networking or other meetings where I’m running into people I know. It’s a pretty common greeting. Do you know what answer I get frequently? “Well, I’ve been pretty busy!” (or some variant of that)
While we’re taking a little break from the daily grind this week at the beach, I wanted to remind you that busy does not equal effective. In fact, it is a terrible measure of how things are going. The hamster is busy, and not moving an inch.
In my live workshop Making Time for Success, one of the key concepts addresses the mistaken idea that time management is about efficiency. The efficient use of time is to get more done is the same amount of time. This is wrong.
What you really want is the more effective use of your time…getting the right things done in the allotted time. This requires some hard decisions!
Right now, how many items are on your to-do list? I want you to take an honest inventory and identify everything on that list that, if you NEVER did them, nothing adverse would happen. You are probably like a lot of people that use a lengthy to-do list as a crutch to help you feel better about not getting anything done…but you’re busy!
I want you to go through your list and pick the five most important things on your list. The items you pick should all take less than a day to complete (if they are bigger than one day, break them down into day-sized chunks).
Now, armed with your next five moves…pick the one item that will have the greatest impact on your life if you do it today. That item is now your priority. Get that done first, then knock out the other four. Then tomorrow…rinse and repeat.
This is the P+4F method at work. You can find a video explaining it in more detail on my website (link in bio). Use it and it will change your life. Keep doing what you’ve been doing…and you’ll keep getting what you already have!
It’s a pretty common question, especially in entrepreneur and business owner circles. So common in fact that we don’t really pay attention to what the question assumes…namely, that there IS such a thing as making it!
Too many business owners, leaders, and high performing individuals assume that the promised land awaits if they just keep their head down and soldier on. Do you feel that way? What if that’s wrong?
In my coaching practice, I’ve had the opportunity to work with several business owners as they were making an exit from their company. All but one of them looked back on their time owning the company with a perspective of failure, or at least missed opportunities. “We never really made the big time” kind of thinking. It’s not until I remind them that they did manage to keep their family fed, clothed, housed, kids through college, employees employed, suppliers supplying…that it finally dawns on them that they’d been “making it” all along.
So instead of seeing today’s trials and challenges as failing, or as Sir Winston says, “Going through hell,” consider it par for the course. These are the things that keep out the weak and give the strong the opportunity to shine!
So yes, if you feel as though you’re going through hell, by all means, keep going. You certainly don’t want to camp out there. But also consider just how bad today’s “hell” is…maybe it’s not so bad after all.
If you are having difficulty seeing the value in the journey or you’re just feeling the weight of ‘failure’, DM me…I can help!
It’s a saying you hear all the time…at least I do…and it makes my skin crawl!
All week we’ve been talking about how to get stuff done and be more EFFECTIVE if your pursuits so you have the time to enjoy the benefits of being an entrepreneur. But even entrepreneurs say this all the time…and it’s all I can do to maintain my composure and not fly off the handle with them.
https://www.youtube.com/watch?v=-8rXrwjkMYE
The truth of the matter is that your time is the most expensive resource you have available to spend and discounting or being dismissive of it’s value hurts you in the long run. Be SUPER PROTECTIVE of your time! Don’t waste it and don’t let anyone else waste it either! Don’t be afraid to interrupt an unproductive meeting, ask to adjourn until everyone is prepared! I GUARANTEE next time everyone will come prepared!
So why, exactly, are you comparing yourself and your life to someone else? Do you REALLY want THEIR life?
It’s pretty easy for us to look at someone else’s results and say, “Yeah, I want that!” But that’s only part of the story. You don’t know the in’s and out’s that it took for them to get there. You don’t know what they gave up to have what they have. But most importantly, YOU’RE NOT THEM! What motivated them to reach for this goal may not even be on your radar!
When you compare yourself to others you tend to compare the most negative version of yourself against an idealized version of them. When you do that, of course you’re going to come out on the short end of the stick!
But why are you worried about them in the first place? Why don’t you come up with your own idealized outcome and start working toward that! The great thing about the world we live in today is that you can literally dream up just about anything and make it your reality! Heck, Elon Musk wants to live on Mars… so he’s working on it! Will he achieve it? Who knows…and who cares! If he finds his joy doing his art trying to get to Mars, he’ll be a happy guy.
So what is YOUR Big Hairy Audacious Goal? What’s that one thing that you want more than anything and you’re reluctant to share with anyone else? That’s your BHAG, and if you have a need for comparison, compare yourself today to yourself yesterday and the progress you’ve made toward that BHAG!
Yep, that’s right… I know why you haven’t started yet…and so do you!
You’ve convinced yourself that you’re doing the “responsible” thing by studying, gathering more information, and making sure all the i’s are dotted and t’s are crossed. Oh, and you just found another book or YouTube video about it that you need to read, then watch, then study the differences to figure out … I can’t even finish typing that sentence!
The reality is you’re afraid, but not afraid of failure. No, we all fail, every day. Sometimes in big, spectacular way but more often in small almost insignificant ways that have a funny way of training us!
No, you’re not afraid of failure… you’re afraid of the perceived ego shot that would go along with failure! PRIDE is keeping you from stepping out and playing your role in the universe! PRIDE!
“But Thom, you don’t understand…I have a lot to lose if I get this wrong.” I’m sure you do! In fact, that’s EXACTLY WHY you NEED to step out. Do it! Don’t jump in the baby end of the pool, hit that deep water that will challenge you. (Because it’s that challenge that makes the whole thing worth it…but that’s for another day!)
Stop letting your pride deprive the rest of us of the art your unique set of talents and gifts are intended to create! Your being selfish…stop it! Stop asking “What else do I need?” and start asking “What if I did!”
When you’re ready to get off the bench and make great things happen, DM me. I will help!
PS – Today’s quote comes to us from none other than THE @JockoWillink, “Stop researching every aspect of it and reading all about it and debating the pros and cons of it…Start doing it”
