Agatha Christie advice not to procrastinate
We’ve all read stories about people taking too long to make decisions and find that, regrettably, opportunities have been lost. Most of them relate to their personal lives e.g. If only they’d bought something when it was on sale, If only they’d asked her out before she started dating their best friend, If only they’d told someone how much they loved them, before it was too late. (see offer at the end of the post)
Author Agatha Christie wrote “One doesn’t recognize the really important moments in one’s life until it’s too late.”
We must also remember that this can and often does apply in business.
I want to be clear, I’m not talking about missed opportunities. It’s not worth dwelling on what might have been, that type of regret can eat away at you. Atari founder Nolan Bushnell turned down an opportunity to invest $50,000 in seed money in Apple. Had Bushnell said yes, he would have owned a third of Apple, a company that is today valued at about $480 billion. That’s a missed opportunity.
What I’m talking about is knowing you should take action and for whatever reason, you just keep putting it off. In business, this may concern reinventing your company, whether it be a branding, reacting to new competition, refining operations, installing up-to-date technology or recognizing an untapped market. It’s especially tempting to stall when your company is at the maturity stage and enjoying success.
There are many excuses for doing this. Perhaps it feels more comfortable to stick with certain employees, perhaps you’d rather not spend money on marketing or you feel you might just be making changes for changes sake. Whatever the reason, it’s good to re-evaluate, from time-to-time.
You don’t want your company to be pushed out of the market by one that is hungrier and ready to be innovative. You can’t afford to let your business stagnate as this will affect your image not only with your customers, but also with employees who value a challenge and have the energy to move the company forward.
Of course, in order to take the right action, a company needs foresight and employees need to be encouraged to share ideas and be asked for input, on a regular basis. If, however your company is open to this idea, you must be prepared to act. Otherwise those same employees may feel their input isn’t valued and you could miss out on an idea that could be transformative in boosting efficiency, sales or several other areas of operation. (by blogger, Martin Parnell)
Can you make money here?