Mini-Series: Reason #8 Why You May Not Be Where You Want to Be and What to Do Instead

In today's episode, I delve into the tricky subject of quitting versus persevering. I can't stress enough how crucial it is to understand the fine lines and nuances that come with the decision to quit something. Throughout my life, I've had my own struggles with quitting, so I'm coming from a place of personal experience.

I've spent time analyzing my own patterns of quitting and have realized the pitfalls of what I call the 'reinforcement theory of quitting.' Basically, every time you quit and feel relief, it becomes easier to quit the next time you face difficulty. That's why it's so important to make decisions based on objective data and not just emotional reactions or impulses.

To help you with this dilemma, I offer three barometers you can use to evaluate whether you should quit or keep going:

  1. Imagine a future version of yourself. Would that future 'you' regret giving up?

  2. Start whatever you're contemplating and evaluate your emotional and rational responses as you go along....

Continue Reading...

The Hidden Costs of Business That No One Talks About

 

In today's episode, I dive into the hidden costs of running a business that people often overlook. Believe me, understanding the math behind your business is not just an option; it's a necessity for ensuring profitability.

One mistake I see all too often is pricing based on commodity. That approach is fundamentally flawed. You need to recognize the value of your time and services, not just the market rates for similar commodities. When you get this right, it's like turning on a switch that illuminates your path toward profitability.

But profitability isn't just about pricing. It's also about how you allocate your time. I share some of my personal strategies for task optimization, which are essential for running a lean operation. Knowing when and how to delegate is equally crucial. If you're like me, giving up control can be difficult, but it's absolutely necessary for scaling your business.

And let's not forget the customer. Enhancing their experience doesn't always require a...

Continue Reading...
Close

50% Complete

Two Step

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.