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The 7 Energy Sinkholes (and How to Avoid Them)

The 7 Energy Sinkholes (and How to Avoid Them)
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    Energy sinkholes are situations that repeatedly drain your energy and stress you out. There are plenty of good reasons to invest your energy, so don’t waste your attention on a sinkhole. Unfortunately, it is often hard to see sinkholes since they rarely cause a drain all at once. Instead they slowly leech away at your lifeforce until your stressed, depressed and apathetic.

    The best way to get out of these sinkholes is to get a routine. Having a preplanned method to handle these problems can keep your mind focused on more important things. Here are the big seven that may be stealing from you right now:

    1 – Disorganization

    Having to constantly find documents, forgetting commitments and appointments puts is a huge sinkhole. The solution out of this is simply to create a system for organizing and routinely tidy it up. You may have implemented a few systems, but here are some areas you might consider giving a clean-up:

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    • Computer hard-drive
    • Calendar
    • To-Do Lists
    • Project Task Lists
    • Office/Desk/Home
    • Filing System
    • Closets

    2 – Poor Diet and Lack of Exercise

    Exercising isn’t just to look good on the beach. Staying fit keeps your energy levels high. You can be slim and still be drained because you aren’t fit, so don’t use the scale as the measurement. Here are some things you might want to consider to get out of this energy trap:

    1. Make a Routine – Find a gym partner, class or workout time that you can exercise at least 3-4 times per week. I’ve experimented with different amounts and found six days a week works best for me. If you are unsure how to start, just try it for thirty days to see how it goes.
    2. Replace Foods One at a Time – Don’t try to overhaul your eating habits overnight. They’ve been established over years, so they can’t change in a snap. I recommend switching out one unhealthy food type for a month before making more changes. When you take it gradually it is far easier to stick with long-term.
    3. Time Your Meals – The best way to eat would probably be 5-6 smaller meals spread throughout the day. Since this isn’t a reality for most people, a decent alternative is simply to time your meals so your blood sugar levels remain steady throughout the day. This will ensure you aren’t starving for some parts and fatigued from a big meal in others.

    3 – Problem Contacts

    We all have those few customers, clients and friends that cause a disproportionate amount of our stress. I say the best solution is simply to fire them. Cutting down on people who drain your energy can help you focus more productively on the rest. If a transaction is fair, then both parties should have the ability to opt out if it becomes too much of a hassle.

    4 – Focusing on Your Weaknesses

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    My definition of a weakness is anything you aren’t interested in becoming skilled at. If you aren’t keen on improving, you can’t build strengths and any talent you do have will degrade. Don’t try to do everything and outsource the tasks that don’t fit within your strengths. Virtual Assistants and freelancers can deliver a much higher quality than you could on your own, and often their fees are less than the cost of your time.

    5 – Squeaky Hinges

    A squeaky hinge is any piece of technology that works, but has irritating side-effects. This could mean a computer that is too slow to run the programs you need. A dishwasher that doesn’t get all the food off. Or an alarm clock that isn’t loud enough.

    If the solution to a squeaky hinge is cheap, fix it immediately. The costs will soon outweigh any replacement expenses. If the solution is expensive, write down the total cost and keep track of any wasted time/money due to the problem. Keep track of squeaks will make you aware of what the total cost is, and whether a replacement is warranted.

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    6 – Blog/E-Mail/Facebook Addiction

    Information addiction can be a huge drain to your energy. I love using blogs, e-mail and social networking sites to get the latest news and keep in touch. But that love can quickly turn into an obsession if you aren’t careful. Soon you’re like the rat frantically pushing the lever for more cocaine doses as you hit Stumble one… more… time…

    My solution was to designate a time for information inflow and keep it restricted to that time. Once per day is all I allow myself to read new RSS feeds, incoming e-mail and Facebook. For other stats and random surfing I limit myself to once per week. The result is more energy and almost no impact on communication.

    7 – Pleasing People

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    Don’t waste your time trying to please the people around you. This isn’t an excuse to be an inconsiderate jerk, but put a high value on your time. Learn to say no to people who don’t show respect for your time. Helping other people is great, but it’s better to focus on serving the greatest good than simply appealing to the whims of your friends and family.

    Don’t waste your energies trying to fit others expectations. Set your own dreams, standards and ambitions and make them your highest priority. When you’re nearing your end you’ll likely regret more the sacrifices you made to your individuality than how pleased your parents were of you.

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    Last Updated on August 28, 2018

    5 Key Characteristics of a Successful Entrepreneur

    5 Key Characteristics of a Successful Entrepreneur

    I’ve heard a lot of great business ideas lately — and more than a few people announcing that now is the right time to go into business for yourself. I think that there’s a lot to be said for becoming an entrepreneur during a down economy — although the risks definitely go up.

    With your own business, especially if you hold on to your day job as long as possible, you’ve got more flexibility if you get a pink slip.

    But starting your own business is certainly not for everyone. There are certain characteristics that can significantly improve the odds of succeeding as an entrepreneur. Without these characteristics, though, it’s hard to do well even with the best of business ideas.

    Here’re 5 key characteristics of an entrepreneur for starting successful businesses:

    1. Discipline

    Plenty of business experts claim that you can’t get anywhere as an entrepreneur without vision or creativity, but that’s simply not the truth. Instead, the one quality that no entrepreneur can be successful without is discipline.

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    To build an idea into a business, you have to have the discipline to spend time slogging through the least fun parts of running a business (like the bookkeeping), rather than taking that time to do something fun.

    When you’re the boss, there’s no one to keep you at work except yourself — and there’s no short-term consequences for skipping out early. Sure, if an entrepreneur plays hooky enough he knows that the business just won’t happen, but it’s very hard to convince someone that ‘just this once’ won’t hurt (and to keep ‘just this once’ from becoming a daily occurrence).

    2. Calm

    Things go wrong when you run your own business.

    Most entrepreneurs go through crises with their businesses — and more than a few wind up with outright failures on their hands. But when you’re responsible for a business, you have to be able to keep calm in any situation. Any other reaction — whether you lose your temper or get flustered — compounds the problem.

    Instead, a good entrepreneur must have the ability to keep his cool in an emergency or crisis. It may not make the problem easier to solve, but it certainly won’t make it harder.

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    If an entrepreneur can handle failure without frustration or anger, s/he can move past it to find success.

    3. Attention to Detail

    Restricting your attention to the big picture can be even more problematic than ‘sweating the small stuff.’

    As an entrepreneur, unless venture capital has magically dropped out of the sky, a small expense can be a killer. It’s attention to detail that can make a small business successful when it has competition and it’s attention to detail that can keep costs down.

    Attention to detail can be difficult to maintain — going over ledgers can be tedious even when you aren’t trying to pay close attention — but keeping your eye on a long-term vision is just asking for a problem to sneak in under a radar.

    After a business grows, an entrepreneur might be able to hire someone to worry about the details. In the beginning, though, only one person can take responsibility for the details.

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    4. Risk Tolerance

    No entrepreneur has a sure thing, no matter how much money s/he stands to earn on a given product. Even if a product tests well, the market can change, the warehouse can burn down and a whole slew of other misfortune can befall a small business.

    It’s absolutely risky to run a business of your own and while you can get some insurance, it’s not like most investment options. Even worse, if something does go wrong, it’s the entrepreneur’s responsibility — no matter the actual cause. In order to deal with all of that without developing an ulcer, you have to have a good tolerance for risk.

    You don’t need to channel your inner frat boy and take on absolutely stupid risks, but you need to know just how much you can afford to risk — and get a good idea of how likely you are to lose it. If the numbers make you uncomfortable, the risk is too great.

    An entrepreneur has to be willing to accept pretty big risks, with some level of comfort.

    5. Balance

    You can take any characteristic too far. There’s a point at which attention to detail can become obsession or calm can become unemotional response.

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    As an entrepreneur, you have to be able to balance your characteristics, getting the most of them without going over the edge. But balance for an entrepreneur goes far beyond keeping your characteristics in check, though.

    Just as an entrepreneur doesn’t have a boss to keep them at work when necessary, they don’t have one to send them home when they’re done. If you are working for yourself, you have to decide how to balance your work and home life — and if you have a day job to add into the equation, balance just gets more complicated.

    The bottom line

    The characteristics I’ve listed below are not characteristics that a person is born with. Some people do seem to have an aptitude for those qualities that make up the entrepreneurial spirit — but they can be learned.

    They aren’t the easiest things to learn, admittedly, but it’s not impossible. You won’t find classes in these subjects, but you can teach yourself, if you truly want to.

    Featured photo credit: Unsplash via unsplash.com

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