The risk of inaction may be one of the least obvious risks of doing business. Businesses may fail if we make the wrong decisions. They may run out of funds if we don’t spend wisely. We also understand the threat of competition. As a result, we plan, set goals and strategize to minimize these risks. Too often though, we do not fully grasp the magnitude of the risk of inaction.
Entrepreneurs are no strangers to working long hours and having the lines between work and personal time blurred. Many times the very success of our business correlates with how much time and effort we invest into it. This concentrated effort might be both necessary and sustainable in the short run, but can be detrimental in the long run. A light workload day can help maintain some balance in both our work and personal life.
Getting inspiration can sometimes seem like a daunting task, especially for creatives. It is normal to look for inspiration from others or seek enlightenment from those who have experienced things that we have not. There’s nothing wrong in that. This helps us to be better rounded individuals with a more diverse perspective. We should not ignore a source of inspiration much closer to home though – our past.
Ever get a great idea while doing something totally unrelated to work? Ever hesitate to make a note of that idea? How many times do we actually remember this great idea by the time we have finished our current task? Even a little procrastination can derail our train of thought and interrupt a spontaneous spur of productivity. This is not to say that we must drop everything whenever we get an idea. Nevertheless, we should be weary of how procrastination affects our productivity.
Distractions are the enemy of productivity. They lure us away from current tasks for seemingly short periods of time which can ultimately add up to a significant percentage of our day. Having to start and stop tasks can waste valuable time and cognitive effort as we readjust and try to regain focus and rhythm. Distractions … Read more 5 ways to manage distractions