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5 Reasons Saying Yes is Hurting Your Business

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5 Reasons Saying Yes is Hurting Your Business

Yes is possibly one of the most harmful words we have in our vocabulary. It hurts our productivity and can harm our sanity. Let me tell you about Bob starting his business. He said yes to every request happily because he needed money to pay the bills. He was quickly full which was awesome. His problem is that he always said yes to everyone around him, even when it was for less money than he wanted to work. At the end of a few years he was still working all hours and was just making the bills. He wanted out but he just kept saying yes.

Saying yes to every possible client that comes our way seems like the right thing to do but in most cases it’s actually hurting your business and here’s why.

1. You’re not working on your strengths

I know we want to help people and we’ve been trained that we need to default to YES. Defaulting to YES does gets us doing work that’s outside of our strengths. If you’re best dealing with numbers and someone asks you for help to chair a meeting, is that really where you’d best serve the organization? Would you be more useful to them working with their books or logistics? Saying no to the opportunity with the board frees you up to say yes when an opportunity that suits your strengths comes along.

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2. You have no margin

If you’re always saying YES when someone asks for your help then you have no margin in your life. You end up with no room to say YES again. Friday is full with helping someone move. Saturday is some extra work for a client who convinced you to say yes to a deadline you didn’t really have time for. Sunday has an hour for the family but then you’ve got a bunch of other things to finish up. And so it goes.

If you’re always saying yes then when that really amazing opportunity comes along like meeting an industry leader on a plane who invites you join them for a dinner conversation, you simply have no more room and can’t say yes without disappointing one of the other people you said yes to.

3. Breaks your credibility

Back to my example from the first point. If you say yes to that board meeting it’s likely you’re not going to perform at your peak which will hurt your reputation as a peak performer. Even worse is when you realize that the job is so draining you simply continue and you back out. You’ve now become the person that doesn’t meet their obligations.

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4. Lack of boundaries

Just a few months ago a local business association was looking for volunteers. I was in the room as they made the rounds asking each person for time volunteering. When they came to my friend and I and asked I gave a simple no and they left it alone. My friend also said ‘no’ but see he has this problem with boundaries. It’s well known if you just bug him he’ll eventually say yes. So months later they kept bugging him (I didn’t hear anything) and he said yes and he hates the time he spends with them.

I’ve said no to lots of things and set clear boundaries which means the businesses locally respect my boundaries. My No is No and my Yes is Yes. Do you respect the business owners you know that have clear boundaries or the ones that are all wishy washy with what they say and do?

5. Your productivity is dead

It’s great to be the ‘go to’ person isn’t it. Everyone knows that if they need something they come to you and it gets done. But does it really get done well? What about the things that are really your responsibility? Are they getting done or do they get overlooked by you as you run around for everyone else? How stressed out are you with all this extra stuff to do? Isn’t your family getting the short end of the stick as you work all hours to try and possibly keep up with everything?

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Bill’s friend

Now let’s meet Bill’s friend, Bob. Bob also said yes a lot at first but something felt wrong to him about that. Sure he needed to get off the ground but then he started saying no to clients that didn’t meet his budget requirements. Then he started to say no to projects that didn’t look interesting. Then he started saying no to any project that didn’t meet his ideal client profile.

After a few years he was working with clients he loved on fun projects that paid well. While he has a few seasons each year that require a more time working, he also has many seasons where he gets to spend plenty of time with his family and doing other things outside of his work. Things that make him happy. He isn’t scraping by and he loves his work.

If you want to be like Bob, stop saying yes to everything.

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Featured photo credit: thematthewknot via flickr.com

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Last Updated on January 13, 2022

15 Best Places for Expats to Live (And Why)

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15 Best Places for Expats to Live (And Why)

Many of us dream of living abroad but can often be scared to make such a big change to our routine lifestyles and leave our home countries behind. Daunting as it may be, living abroad can be a rewarding and fulfilling endeavor and can give you the quality of life you have been looking for.

From a warmer climate to a more easy going way of life, there are many foreign countries favored by expats who stay for a long time – and sometimes forever. Taking into consideration livings standards, opportunities and social aspects, here are our top 15 best places to live as an expat and why.

1. Thailand

A hot spot for expats, the ‘land of smiles’ as it’s commonly known offers expats a tropical climate, a huge array of sandy beaches and islands to explore, and a rich culture. The cost of living in Thailand is extremely low, and when combined with the friendly tax system means that disposable income can be very high.

Bangkok, Thailand’s capital city, offers expats great employment opportunities.

2. Switzerland

Another popular destination for expats, Switzerland offers exciting employment packages and a high standard of living. It’s great for those who love the outdoors, as there are many beautiful lakes, mountains to hike in and skiing in the winter. The school standards for expats are also excellent, making it appealing for those with children. English is also widely spoken so day-to-day living can be stress free.

Unemployment in Switzerland is low and expats moving here don’t need to worry too much about finding a job before they arrive.

3. Australia

Many foreigners who visit Australia don’t want to leave as it offers a great quality of life, beautiful beaches and a warm climate. Making friends in Australia is easy too, due to the lack of language barrier and the large number of expats who already live here. Australia is a great place to move to if you have children because of its wide range of schooling possibilities and recreational outdoor activities.

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Low population levels and high quality of life are two of the main reasons expats choose Australia as a place to live.

4. Singapore

Expats in Singapore can benefit from generous financial packages, great career opportunities and low tax rates. Although education is expensive here, it is rated one of the top places for raising children abroad due to the quality of the education system and the array of schools.

Public transport such as buses and MRT (Mass Rapid Transit) are cheap and very reliable in Singapore.

5. South Korea

South Korea offers expats a unique range of opportunities and a very different way of living. Jobs for expats are easy to find and usually very well paid, with apartments provided by the employer on the most part making living costs even lower. There are also many tight-knit expat communities in South Korea, making it easy to socialize and meet new friends. The excellent education system is also a pro for families wanting to move to this culture-rich country.

South Korea has a cheap public healthcare system and offers great medical care, with most doctors speaking English.

6. New Zealand

New Zealand is constantly on the lookout for skilled workers to expedite to the country – especially those under the age of 30 – and skilled migrants can be granted a stay for up to five years. It offers a good climate and although income levels can be lower than other countries, quality of life is high, with its awe-inspiring scenery, low crime rate and state sponsored healthcare.

New Zealand is great for those looking for a laid back and active outdoors lifestyle.

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7. Canada

Its national healthcare system, friendly locals and very high quality of life are just a few of the reason expats choose Canada as a place to live. It’s very welcoming to expats and skills shortages encourage foreigners to move here in order for the country to grow economically. It’s easy for expats to feel comfortable quickly in Canada due to its multicultural environment.

Canada was largely unaffected by the economic crisis, making it a very popular country for expats.

8. Qatar

Qatar is becoming increasingly popular among expats with an estimated 500 new arrivals every day. The salaries are generous and are tax free too, making disposable income very high. Car and housing allowances are part of many remuneration packages, and education for your children and airfares are often included.

The cost of living is lower in Qatar than in other UAE countries but salaries can still be just as generous.

9. Hong Kong

Where east truly meets the west, this bustling island has a population of over seven million people. If you’re looking for a fast-paced environment and an active nightlife, Hong Kong is definitely the place to be. Benefits for expats include its advanced healthcare system and elevated standards of schooling for children, along with great employment opportunities. The cost of living in Hong Kong can be high, so trying to negotiate a housing allowance with your employer can be beneficial.

Hong Kong is great for those looking for high incomes and career advancement.

10. Japan

As an expat destination, Japan offers a rich culture and a chance to experience a very different day-to-day life. Currently around two million expats live in Japan, and in the larger cities such as Tokyo a large portion of the population speaks English. English speakers are also in demand and there are a large number of opportunities for language teachers, especially in the capital.

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Japan offers a high standard of living for expats and a good education system for those with children.

11. Spain

Spain is a very popular destination for expats due to the high temperatures and year-round sunshine. EU residents don’t require a visa to work here, meaning the move can be a lot easier. Skilled foreign workers also continue to be in demand with jobs such as engineering, customer service, skilled trades and language teachers widely available.

A huge 14% of Spain’s population are expats from a variety of foreign countries.

12. Dubai

Two of the main attractions of moving to Dubai are the tax-free salaries and the warm climate. Some of the most popular jobs for expats are in construction, banking, oil and tourism. You can also enjoy a busy social life in Dubai as the expat community is thriving. Although it can be an expensive country, the tax-free salary means you experience a higher quality of life than in other countries.

You will need a work permit, residence visa and an Emirates ID card to live in Dubai as an expat.

13. Germany

Germany is one of Europe’s most populous countries, with around 82.4 million people. It’s a lively and inexpensive country to live in as an expat, and if you have children the education system is great and healthcare is to a high standard. An estimated 250,000 expats live in Germany currently, with the numbers rising every year.

If you are already an EU citizen, you don’t need a visa to live and work in Germany.

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14. The Netherlands

The Netherlands is a great place for expats who love the outdoors. Cycling is one of the main modes of transport and looking after the environment is widely recognized. There are a lot of English speakers in the Netherlands too, but learning the language can work to your advantage and make day-to-day life that little bit easier. Skilled expats can also benefit from a tax-free allowance equivalent to 30% if they meet the correct criteria.

It is often more important to be able to speak fluent English than to speak Dutch when looking for employment in the Netherlands.

15. China

China offers expats great employment opportunities with little competition. Those who embrace the culture and decide they want to live in China long term can see a host of employment opportunities as its economy is growing rapidly every year. Economists predict it will overtake the US as the world’s largest economy by 2018. China also offer expats low living costs and high disposable incomes, which is why many look to live here for a higher quality of life.

Shanghai and Beijing are the most popular destinations for expats who live in China.

Featured photo credit: Saulo Mohana via unsplash.com

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