Facebook Twitter Instagram
    Trending
    • Changing Your Financial Trajectory
    • Existing-Home Sales Surge 14.5% in February
    • Value of Owner-Occupied Real Estate Falls for First Time Since 2012
    • Federal Judge Halts Biden Administration Waters Rule in Texas & Idaho
    • Yardi Says Multifamily Flat in February
    • Housing Starts & Permits Jump Up in February
    • U.S. Cities with the Highest GDP
    • Housing Costs are the Leading Increase in Inflation
    Twitter
    Real Estate Investing Today
    • Home
    • RE Journal
    • ROI Magazine
    • National REIA
      • National REIA
      • Find a REIA near you!
    • Podcasts
    • Housing Data
    • Contact Us
    Real Estate Investing Today
    You are at:Home»Real Estate Blogger»Growth Through Procrastination

    Growth Through Procrastination

    0
    By Mark Faust on February 9, 2023 Real Estate Blogger

    Growth Through Procrastination
    By Mark Faust

    Have you put off implementing an effort—one that could significantly impact your business or life? We all procrastinate, but how we react to this alarm bell makes the difference. When there are initiatives that are painful but important for you to do, you can use a few insights and steps to help to unlock the chains of procrastination. This includes leveraging the turnaround mindset. It builds on three principles:

    1. All growth occurs in relationships.
    2. Your weakness can be your strength.
    3. Your crisis can be your gift.

    As entrepreneurs and successful leaders, we may think we should be willing and able to do most anything ourselves—whether it’s the proverbial “I’m willing to clean the toilets” or “I need to be responsible for getting this big project done.” But if procrastination holds you back from doing something to grow you or your business, then perhaps you aren’t the best person for the job.

    Odds are, a slew of people are much better and happier to do the exact job on which you are procrastinating, and they are willing to do it for a fraction of the value of your time. It isn’t just outsourcing. It could be hiring a coach to help you be accountable or a consultant who gives you insights. These are relationships that can accelerate growth.

    If the project isn’t your forte or you just don’t want to do it, then that weakness can be your strength.

    Realizing that you are a visionary or starter and that someone else is a better implementer or finisher is why you are a leader.

    Here’s how this delegation can work. One client’s company grew from $0 to $40 million in annualized revenue in 14 months. Three and a half employees manage more than 20 virtual assistants and more than a dozen vendors. The founders focus on their greatest strengths and delegate most everything else. That isn’t laziness. It is innovativeness.

    To hand off responsibilities successfully, find great clarity on these questions:

    1. Specifically, what do you want the results to be with this accomplishment?
    2. How will you measure excellence versus mediocrity in the results?
    3. Why is this important to you and others?
    4. What are the risks and costs of not successfully accomplishing this?
    5. What rewards are you willing to share with those who help complete this?

    It is astonishing that more of us aren’t leveraging the blessing of the alarm bell we feel when procrastinating and using it to accelerate growth.

     

    Mark Faust Sr. works with owners, CEOs and sales managers who want to grow their businesses.  He is a growth consultant, bestselling author of “Growth or Bust! & High Growth Levers and a Coach to successful leaders.”  He has been a Growth Advisor, Speaker, and Turnaround Facilitator with Echelon Management since 1990.

     

    Share this:

    • Click to email a link to a friend (Opens in new window)
    • Click to print (Opens in new window)
    • Click to share on Twitter (Opens in new window)
    • Click to share on Facebook (Opens in new window)
    • Click to share on LinkedIn (Opens in new window)
    • Click to share on Pinterest (Opens in new window)
    • Click to share on Reddit (Opens in new window)

    Related

    Mark Faust
    • Website

    Mark Faust works with owners, CEOs and sales managers who want to grow their businesses. He is a growth consultant, bestselling author of "Growth or Bust! & High Growth Levers and a Coach to successful leaders." He has been a Growth Advisor, Speaker, and Turnaround Facilitator with Echelon Management since 1990. https://echelonmanagement.com

    Related Posts

    Changing Your Financial Trajectory

    Existing-Home Sales Surge 14.5% in February

    Value of Owner-Occupied Real Estate Falls for First Time Since 2012

    Comments are closed.

    Emergency Rental Assistance
    Action Alert HR 5013 – Seller Finance
    https://youtu.be/WP-IAtGnPsQ

    Click here to visit the National REIA Legislative Action Center.

    Stay Informed!

    Simply enter your email address in the space below to receive our latest posts right in your mailbox! It's FREE!

    Join 2,528 other subscribers
    Podcasts
    podcasts
    Survey of the Quarter:
    • Most Recent Posts
    March 22, 2023

    Changing Your Financial Trajectory

    March 22, 2023

    Existing-Home Sales Surge 14.5% in February

    March 21, 2023

    Value of Owner-Occupied Real Estate Falls for First Time Since 2012

    March 21, 2023

    Federal Judge Halts Biden Administration Waters Rule in Texas & Idaho

    Benefits of Joining National REIA
    Click here to find a REIA!
    The Latest issue of the RE Journal
    REJ cover winter 22-23
    Follow us on Twitter: @REI2Day
    My Tweets
    Keyword Search
    Real Estate Investing Today
    National Real Estate Investors Association
    2755 Mansion Place
    Crestview Hills, KY 41017
    888-762-7342
    www.NationalREIA.org
    Top 100 Real Estate Investing Blogs & Websites on the Web
    Categories
    About Real Estate Investing Today

    Real Estate Investing Today is the news aggregation site for the National Real Estate Investors Association (NREIA) and features news & industry updates to help investors stay informed. Learn more at www.NationalREIA.org

    Media Inquiries

    Media Inquiries Click here

    Copyright 2022 Real Estate Investing Today

    • Home
    • News
    • Legislative
    • Market Trends
    • Residential
    • Data
    • Rentals
    • Crowdfunding
    • Legal
    • Regulations & Taxes
    • Infographics
    • Technology
    Copyright 2022 Real Estate Investing Today
    • Home
    • News
    • Legislative
    • Market Trends
    • Residential
    • Data
    • Rentals
    • Crowdfunding
    • Legal
    • Regulations & Taxes
    • Infographics
    • Technology

    Type above and press Enter to search. Press Esc to cancel.