Procrastinating hurting your small business?
Did you know that procrastination costs the U.S. economy $50 billion in lost productivity?
According to Piers Steel of the University of Calgary, procrastination is more pervasive and costly now. Since it is more prevalent, he believes it has to do with the level of overwhelm and distractibility of our plugged-in lives.
So it’s not my fear of success or failure that’s making me procrastinate? Well, sort of…according to Steel’s meta-analysis of other research and the history of procrastination, your level of task aversiveness, waiting to do tasks, belief in your ability to perform, and impulsiveness has more to do with the degree that you procrastinate. Other things that affect how much you procrastinate is your level of conscientiousness, distractibility, organization, and desire to achieve.
So, why should I care about this research and what does it have to do with my small business? For starters, it isn’t about there being something wrong with you. You are wired a certain way. Part of what makes managing procrastination effective is knowing your limitations. One of my clients has attention-deficit disorder and this interferes with his performance. Part of our coaching focused on building in strategies to manage his high-level of distractibility which created disorganization. For example, he is not the type to put things in order in a file cabinet where he can access the information when he wants it. Talk about task aversiveness! So, I asked him why he was trying to use a system that didn’t work. His solution was to use one of those shoe organizers you can hang on a wall. Each pocket has a label of his projects and he puts everything that relates into this pocket. He discovered he was more productive because the system fit his natural style. The other part of our coaching centers on his belief about whether or not he can build a viable small business.
Remember I said that your fear of success or failure sort of makes you procrastinate? Your assessment of your skills and passion to develop a prosperous business can trigger these fears which may reinforce your opinion of your performance. Doubt certainly affects how you do things! To effectively manage your procrastination, discover what is going on in your head. Our thoughts tend to follow certain patterns no matter where we are or what we are doing. If you put off your ironing because it takes a certain level of attention, are you just as likely to put off your bookkeeping for the same reason?
If the cost to the U.S. economy can measured in billions, what is procrastination costing your small business? *Upcoming teleseminar where you can learn more about procrastination and how to manage it better.
Later Isn’t Coming: 5 Strategies to Stop Procrastination Tired of last minute rushes to get things done? Wonder why you seem to lose things or forget where you put important files or contact information when you need them most? Stop the out of control to-do lists, the interruptions, and the feeling that something is wrong with you. Attend this teleseminar and learn 5 strategies to stop putting things off and accomplish what you are meant to do.
When: Monday, November 2, 2009
Cost: $39.00 For more information and to register, go to www.abilitysuccessgrowth.com/programs.html or call (781) 258-9952