We live in a fast paced world with an attitude of “Just Do It.” That phrase came from the old Nike ad, and to some degree that is correct. Many of us do not tend to move on things, and we need to just do it, but not always. Just because you can, does not mean you should!
I have visited restaurants that made great money in the beginning but as they added more stores, the other restaurants suffered. Just because you can, does not mean you should!
There is a cost and a benefit to EVERYTHING. Are we weighing our options?
In the book “The Truth about Money Lies” it tells a story of a couple that worked their entire life, skimped on vacations to save money for the future, and skimped on family items to have more money in the end to only limit the relationship with their family.
Just for fun, go to the website called People Of Walmart . If you spend just about five minutes scrolling through the website, it will drive the point home. Just because you can, does not mean you should!
Struggling to make decisions on if you should? Utilize these steps:
- Surround yourself with people smarter than you or with more experience. Spend time with people you view as, “one step ahead of you”, be strategic in this step.
- What is the short term result of this decision? Short term objectives help you meet your long term objectives. If you notice your short term objectives are failing, you should re-evaluate your strategy to prevent your long term objective from failure.
- What is the long term result of this decision? Have S.M.A.R.T (specific, measurable, attainable, realistic and timely) short-term objectives, these will be used as guides when making long term decisions in business. Long term goals should be relevant and possible to accomplish. You need to motivated to achieve these results.
- Will this impact others, your spouse, your family? Entrepreneurs are often faced with decision making that conflicts with the demands of family time and resources. Spend time focusing on strategic planning so you can effectively perform both duties.
I recently went to a pool party and when I was growing up, I was on the diving team. I could do all kinds of crazy stuff. Remember, I was 50lbs lighter, and 30 years younger, so I thought maybe I will freak everyone out with this move, I did it, and got a thunderous applause.
Exactly what I wanted…However, for the next 3 days, Ibuprofen and I got to know each other very well. Just because I could, does not mean I should.