Time is money… but us small business owners often found ourselves trapped in a paradox. Sure, we have a lot of things we need to accomplish, but more often than not, we spend a lot of our time looking blankly at a screen, not achieving anything important. Though we don’t really have enough time to spare, we procrastinate… losing opportunities left and right because we’re either afraid of taking that next step forward, or we simply don’t know what to do next.
No matter how successful a small business owner becomes, they can still fall for these two conditions that will pull their business down:
- Inconsistency means though you are productive, it’s not in a consistent level your business needs. It’s a feast or famine situation, where your patches of productivity are often followed by stretches of inactivity… undoing the progress you’ve worked on in the first place.
- Having no direction is a big problem for a lot of small businesses. Though they have a picture of what they want their business to be, they don’t have a clear idea how they can make it happen. The lack of plan would make the business stagnate instead because there’s no specific course of action to follow.
Do these scenarios sound familiar? Are you also struggling to manage your time and beat procrastination like other small business owners?
It’s Going to Be Worth It
Beating procrastination is a tricky business. In some scenarios, it will make you think you’ve overcome it only to find out later on that though you might have fixed the symptom, the root of the problem is still there. As soon as it surfaces, it will attack your confidence, plus it will cause you massive stress. It’s definitely a challenge that can leave you feeling hopeless, but if you’d like to succeed, it’s a worthwhile battle you need to fight!
Take it from me. Procrastination has been an unwanted companion latched at my side for years. I was fighting the same issues over and over again. It wasn’t a walk in the park by any means and I had to constantly find solutions for these problems… After the GFC happened, something had to change. I sold my recruitment business and reinvented my life. It was hard… but persistence and the continuous improvements I was making made it possible for me to build something stronger—eventually learning not to let procrastination push me down.
Stop Procrastination in its Tracks
Procrastination is a thief, but the good news is, there are a few steps you can take to protect yourself from it. As a result, you enjoy a more stable workflow. With this in effect, expect a more consistent cash flow from your business! You achieve your tipping points strategically, which would enable you to progress at a steady pace.
Here are five steps that will get your business groove back and push it to the right direction:
1. Step back and evaluate your business
This is it. It’s time to take a clear and honest look at where your business is right now. An objective assessment of where you stand will make you understand the necessary steps you’ll have to adopt to move your business forward. Also, your fear of facing the current realities of your business might be the reason why you procrastinate in the first place. Tackling it head-on is the only way you can face this issue.
The SWOT analysis is a great way you can use to make a real assessment of your business. Here’s the link to it: https://www.mindtools.com/pages/article/newTMC_05.htm
2. Create a vision of what you want your business to be
After learning and accepting where your business currently stands, you need to clearly define where you want your business to go. Ask yourself where do you see your business in 12 months? By making realistic goals that can be achieved within the set timeframe, you’ll be motivated towards making your vision a reality.
3. Set milestones!
Having big goals can seem daunting at times, but by setting milestones, it would seem easier to achieve your desired outcome. Speaking from my own experience, checking off milestones will give you satisfaction and motivation. As you move closer towards your end goal, the more attainable it would all seem.
4. There will be setbacks but just keep your focus.
It’s going to take a lot of work, and there will be a number of obstacles to keep you from achieving your goals, but if you are going to be prepared, you can protect your business from setbacks and delays that will come your way. Think of what can go wrong and make plans how to deal with these issues. If they’ll happen, hey you’re already prepared. It will be easy to recover and get back on course right after.
5. Review your progress and make appropriate changes after clearing each milestone.
From time to time, it’s necessary for you to go back and re-assess the plans you have in place. Because it’s being shaped by your actual experience as well as the realities of your business, changes have to be enforced once in a while to adapt the plan to what’s current. Keep your plans relevant so that you’ll continue hitting your milestones.
Wrapping Things Up
Procrastination is the enemy of progress. If you’d like to keep growing, you need to follow the necessary steps above to keep procrastination from taking over your business. Having a clear idea of where you are, a vision of where you’re going, and having a series of plans to get you there, will give you stability and direction you need.
Contact Growth Mentors today and let’s discuss how you can take back control of your time and business. Don’t wait. Book an appointment now!