Posts tagged with: excuses

Why Don’t We Use Tools To Track And Measure The Profitability Of Our Efforts?

Why Don’t We Use Tools To Track And Measure The Profitability Of Our Efforts?

Why Don’t We Track And Measure Every Effort With Prospects And Clients?

The answers are many, wide-ranging and constant. We:

  • Are Too Comfortable
  • Are Resistant to Change
  • Assume it will be too complicated/complex even before considering options
  • Presume all this is prohibitively expensive
  • Supported in our old ways that keep us out of control, overwhelmed, paralyzed, in a rut

Which ones apply to you?

If you have not cashed out at your target number, at least one of these blinders may still be in your way.

Business Exit Planning Is Easier Than The US Military Exiting Iraq But More Complex Than Selling A House

It’s true. Business Exit Planning Is Easier Than The US Military Exiting Iraq — But More Complex Than Selling A House.

The majority of business owners avoid, procrastinate, deny, and postpone any discussion of business exit planning. The statistics consistently report  95% of all CEOs find excuses to not plan their exit.

The anticipated fear and overwhelm are exaggerated. When you put it in perspective, exiting your business is far easier and produces many more reasons for you to celebrate, than the recent US military exit from Iraq.

No CEO Can Do It Alone.

Just like it took large teams of experts  and years to plan and implement the US military exit from Iraq; you need to surround yourself with a team of experts who know more than you do about exit strategies and achieving your exit objectives.

I concede that your business exit is not as straightforward as selling your house or buying investment property. But, with a little help from your exit strategist and your transaction experts, you can focus on what you do best in the business while your team streamlines the process of exiting your business on your terms and on your time line.

No Planning

The absence of planning is one of the deadliest oversights a CEO can succumb to. CEOs know better. They just don’t invest the time and effort to plan their exit. The default option is that you will exit your business feet first or worse, – close up shop with nothing to show for all your time, effort, expertise and resources invested. Too many CEOs resign themselves to never monetize their business, never fulfill their dreams or live their legacy.

Business exit planning is easier and much more inexpensive than the US military exit from Iraq. In fact, exit planning actually will make you money, make the business stronger and more valuable, and provide a plan for your next steps, your reinvention after you exit.

Top 10 Excuses For Not Doing What You Know You Should

The question isn’t what to do. You already know that. It’s actually doing it that’s the problem.

Below are the typical excuses for not doing what you know you should, even if you’re highly motivated,  even if you want something very badly,  and even if you know exactly what you need to do to get it; if you’ve got these internal circumstances operating, you AREN’T going to be able to do it.

The 10 of the most common excuses for inaction, include:

Excuse #1: “I’m too stressed out.”

Excuse #2: “I don’t believe I can.”

Excuse #3: “I don’t have the time.”

Excuse #4: “I don’t have the energy.”

Excuse #5: “I’m too emotional.”

Excuse #6: “I’ll always be the way I am.”

Excuse #7: “I’m afraid I’ll make a mistake.”

Excuse #8: “I’m too sick.”

Excuse #9: “I’m too skeptical.”

Excuse #10: “I can’t do it alone.”

Whatever your particular challenge may be, if you can identify with the challenge of knowing what to do, but still not doing it, then I’ve got life-changing news for you.

These typical excuses can effectively paralyze you — making it virtually impossible for you to take the actions needed to create the change you know you need to, to exit your business on your terms, on your timeline.

In other words, even if you’re highly motivated,  even if you want something very badly, and even if you know exactly what you need to do to get it; you’ve set up the barriers and you AREN’T going to be able to do it alone.

You can overcome every excuse, every barrier to get to where you want to be at the end of the year. You know where you are and you know where you want to go to make the next 2-5 years your best years yet. Make it happen, and break through every excuse, every justification going through your head so you can get out with the financial freedom for your reinvention.

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