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Sometimes the best thing to do as an entrepreneur is to say no.
Getty
How can entrepreneurs simply say no
It's easy to say yes and hard to say no. Anyone with children knows how easy it is to teach children the word "no." & Nbsp; They love to say it all the time! So, it is curious that as we get older, the word "no" becomes a distant memory and "yes" is the order of the day. This is especially true if you are a pleaser people. Let's face it, deep down, we all want to be loved. For an entrepreneur, learning to say no is crucial because it can mean the difference between success and failure. When you start your business, you want to pursue all the opportunities that arise. This strategy will work for a while until you become suddenly overloaded and completely exhausted. Entrepreneurship is a marathon, not a sprint. It's more about working smart than working hard. This makes the way you use your time extremely important. As Warren Buffett has said, "the most successful people say no to almost everything." Before you say yes to this project, try to implement these three approaches to determine if you simply have to say no :
Change your state of mind
At first, many entrepreneurs are paralyzed by a "scarcity" mentality. In other words, they feel that if they do not accept every opportunity, they may not be able to reproduce. The flip side of this argument is that saying yes to every project can mean accepting unsuitable customers. If they do not suit you and you have a bad experience, you not only lose time and money, but you also have a dissatisfied customer. Adopting an abundance mindset allows you to recognize that there are enough qualified customers, you just have to find them. As Tony Robbins says, "You never go beyond scarcity. beginning beyond."
Stay focused
As an entrepreneur, you are involved in all aspects of the business, including finance, marketing, operations and beyond. If you do not carefully choose your projects and do not manage your time wisely, it will become too easy to get distracted and lose focus on the things that really matter. Steve Jobs, the co-founder of Apple, expressed his opinion on the rejection of a conference of Apple Worldwide developers in 1997: "People think that focusing means saying yes to the thing on which one has to But that's not what it means at all, it means saying no to the hundred or so other good ideas that exist.We must choose carefully.In fact, I'm also proud of things that we did not do only things that I did. Innovation says no to 1,000 things. " When you say no to things that are not a top priority, you say yes to your long-term goals. You need to reserve your resources for activities that will really move your business forward.
Ask powerful questions
Your most valuable resource as an entrepreneur is time. The more you succeed, the more people will come to you with requests. To stay on track, having a handy checklist will help you badess these potential demands on your schedule. The next time a new event, a new meeting, a new client, or a new project is introduced to you, review these key questions before continuing:
- Does it energize you?
- Does this improve your business?
- What does your intuition tell you?
- Do the benefits outweigh the costs?
- Will this help you to evolve your business?
- Is it aligned with your core business objectives?
Any growing business has resource constraints. It is crucial that entrepreneurs devote their time to the most important areas that will lead to success. If you answer "no" to any of these questions, it may be time for you to say no.
Success in entrepreneurship is a strategy that requires special attention. As New York Times best-selling author and Wharton professor Adam Grant says, "Saying no frees you from saying yes when it matters most." By becoming a ruthless time manager and saying no when you must, you will end up saying yes to your long term dream.
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Sometimes the best thing to do as an entrepreneur is to say no.
Getty
How can entrepreneurs simply say no
It's easy to say yes and hard to say no. Anyone with children knows how easy it is for kids to learn the word "no". They love to say it all the time! It is therefore curious that as we get older, the word "no" becomes a distant memory and "yes" on the agenda. This is especially true if you are a pleaser people. Let's face it, deep down, we all want to be loved. For an entrepreneur, learning to say no is crucial because it can mean the difference between success and failure. When you start your business, you want to pursue all the opportunities that arise. This strategy will work for a while until you become suddenly overloaded and completely exhausted. Entrepreneurship is a marathon, not a sprint. It's more about working smart than working hard. This makes the way you use your time extremely important. As Warren Buffett has said, "the most successful people say no to almost everything." Before you say yes to this project, try to implement these three approaches to determine if you simply have to say no :
Change your state of mind
At first, many entrepreneurs are paralyzed by a "scarcity" mentality. In other words, they feel that if they do not accept every opportunity, they may not be able to reproduce. The flip side of this argument is that saying yes to every project can mean accepting unsuitable customers. If they do not suit you and you have a bad experience, you not only lose time and money, but you also have a dissatisfied customer. Adopting an abundance mindset allows you to recognize that there are enough qualified customers, you just have to find them. As Tony Robbins says, "We never go beyond the shortage. beginning beyond. "
Stay focused
As an entrepreneur, you are involved in all aspects of the business, including finance, marketing, operations and beyond. If you do not carefully choose your projects and do not manage your time wisely, it will become too easy to get distracted and lose focus on the things that really matter. Steve Jobs, co-founder of Apple, shared his opinion on the rejection at an Apple Worldwide Developers conference in 1997: "People think that focusing means saying yes to the question you have to focus on. This is not at all what it means, it means saying no to the other hundred good ideas that exist.You must choose carefully.In fact, I am as proud of what we have not done as of what I have done. Innovation is saying no to 1,000 things. "When you say no to things that are not a top priority, you say yes to your long-term goals. You need to reserve your resources for activities that will really move your business forward.
Ask powerful questions
Your most valuable resource as an entrepreneur is time. The more you succeed, the more people will come to you with requests. To stay on track, having a handy checklist will help you badess these potential demands on your schedule. The next time a new event, a new meeting, a new client, or a new project is introduced to you, review these key questions before continuing:
- Does it energize you?
- Does this improve your business?
- What does your intuition tell you?
- Do the benefits outweigh the costs?
- Will this help you to evolve your business?
- Is it aligned with your core business objectives?
Any growing business has resource constraints. It is crucial that entrepreneurs devote their time to the most important areas that will lead to success. If you answer "no" to any of these questions, it may be time for you to say no.
Success in entrepreneurship is a strategy that requires special attention. As Adam Grant, best-selling author in The New York Times and professor at Wharton, puts it, "Saying no lets you say yes when it's the most important." By becoming a ruthless time manager and saying no when you must, you will end up saying yes to your long term dream.