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Overplanning Can Kill Your Business Idea

Overplanning Can Kill Your Business Idea

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    Most articles about starting a business cover planning. Creating your business plan. Creating your marketing plan. Creating page upon page of plans, plans with great intentions and perhaps excellent potential for success. There’s nothing wrong with planning itself; if there was, I’m sure we wouldn’t see such an emphasis on it in business literature.

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    But not so often mentioned is the dark side of planning, and it’s the dark side that captures many a bright and hopeful entrepreneur into its trap ensuring that their great ideas never see the light of day: overplanning.

    I’m sure most of us have known, worked with, or even been the person who falls victim to overplanning. It’s no surprise as the planning phase is a tempting comfort zone; the idea is that the more there is planned, the more that is lined up in a perfect row and ready to go for launch, the better things will work. Things rarely work out this way. Businesses tend to grow organically, despite the best-laid plans, and when they explode with popularity from the very beginning it’s often plain luck. They may have had a good plan to help them on their way, but so did a slew of viable business ideas that didn’t succeed.

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    What’s important to note is that people who get stuck in the planning phase and never move on to execution are often stuck in planning because they are scared. They’re afraid of how their idea will be received, whether it’ll succeed or fail, and scared that if it does fail it’ll reflect on their abilities.

    Execution of plans is an art, because few people can draw on the courage to make things happen.

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    Two Alternatives to Overplanning

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      So what can you do to avoid the trap of overplanning? There are two approaches that might work for you:

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      Ready, Fire, Aim: I’m not sure who first coined this phase that describes a particular way of operating, but the first place I read about it was in this article a few years ago. The premise is that you dive straight in and start executing based on whatever plans you had to start with — in other words, acting on your idea as a plan in itself — and making adjustments as you go along. This way you’re organically growing your business as you plan its future, making sure you don’t get stuck in an unprofitable no-action phase. It’s a good concept and can be applied to plenty of businesses, especially fairly basic ones that involve providing a service as a freelancer or selling a digital product.

      Plan Deadlines First:
      Another way to try and dodge planning paralysis is to make the first act of planning the deadlines for implementation. You might stipulate that you should be advertising and working with your first client by the 1st of the next month, or your information product will be edited and ready for digital distribution within three months on a specific day.

      The hard part about making this concept stick is that you might just change the deadlines. Do what you can to make yourself accountable. Many people suggest telling a family member or friend about your self-imposed deadline but I don’t think this works effectively. It’s better to book an ad with a non-refundable deposit or make some other sort of business arrangement for that date so you’re forced to be ready!

      The first objection to that method of keeping yourself accountable is that you’re screwed if things go wrong and you simply can’t get ready by the deadline. I think it’s a fair risk to take and losing a deposit is much better than getting stuck in the planning phase!

      Lastly, I want to say that there are certain projects and endeavors that do take extensive periods of time to put together and coordinate before they can be launched. These are rare, few and far between and incredibly difficult to get off the ground, but they do exist. Chances you’re first business will be one of these? Well, I wouldn’t say it’s out of the question, but it’s also not too likely, so don’t use it as an excuse!

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      5 Powerful Ideas on How to Be Productive at Work

      5 Powerful Ideas on How to Be Productive at Work

      Not being able to stay productive at work is a problem that everyone runs into at some point; no matter how much you like your job, there are certain factors that prevent you from staying at maximum proficiency throughout the whole day.

      A lack of productive focus at work can lead to extra stress on yourself, missed deadlines, passed opportunities, raise denial, demotion and even termination.

      So, if you are someone who has trouble with your productivity, here are five effective tips on how to be productive at work:

      1. Take breaks

      First and foremost, it’s important for you to take regular breaks. Trying to work throughout the whole day will tire your brain, which will then cause you to doze off and think about something else.

      If you keep working your brain, it will fill up and get jumbled with information—sort of like a computer hard drive. Taking a break would be like resetting your computer so that it can start afresh, or de-fragmenting the data so that all the information is in order.

      This is a great thing because it allows you to solve problems you were unable to solve previously, by seeing it differently; if you are able to organize your thoughts properly, you will be able to take in new information more easily.

      There have even been studies about methods of saving time and staying proficient, and taking breaks is one of the leading factors.

      According to Christine Hohlbaum, the author of The Power of Slow: 101 Ways to Save Time in Our 24/7 World, eating lunch away from your work area every day will greatly increase your productivity. Eating in your work area will give you the illusion that you are working, but whether you like it or not, your brain will begin to wander and think of something else and then you will be working tirelessly with no progress.

      It’s important to take breaks before and during work too: if you come to work in a rush because you woke up late, your mind will not be mentally prepared for the day ahead, and you will spend the first 10 to 15 minutes trying to get organized and composed before you can actually start working.

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      Instead, you should try to wake up 20 minutes earlier than the time it would take you to “just get” to work. Take that time to stare off into space and not worry about anything.

      If you do this, your brain will be empty and ready for all the challenges it has coming for the next few hours.

      If your employer only allows a set amount of breaks during the workday, that doesn’t mean you can’t just get up and walk around for a quick break every now and then.

      Even if it’s only 5 minutes, it will refresh your brain and you will gain renewed energy to do your job.

      Learn more about The Importance of Scheduling Downtime.

      2. Pace yourself and balance your workload

      One problem that most people run into is that they underestimate the amount of work they have to do, and end up doing 50% of the work in the last 20% of the time they have to do it. This is due to an issue of balancing one’s workload.

      When you receive a project, or are doing a job you normally do, take some time to really plan out your work schedule.

      Consider how much time it took you to do this last time; determine how you can break the project into smaller parts and which can only be accomplished on certain days, and whether anything might come up that could interfere with your plan.

      All of these questions are important for starting on a project, and when answered, they will help you stay productive throughout each day.

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      For example, if you needed to design a project to map out the amount of aid offered in various regions after Hurricane Sandy, you can break it up as follows:

      You will need to know what organizations are offering help to begin with, how much aid those organizations gave or plan to give, which regions were hit by Sandy, and which regions suffered the greatest losses.

      You start this project on a Thursday and know you have until Tuesday to gather this information.

      In order to stay productive, you need to plan out your work week—now you know you can find out which organizations are involved in helping the Hurricane Sandy Victims any day since that information is online, but gathering information on the organizations may require you to call them.

      Since phone calls can only be done during week days, you have to plan on gathering all of that information before the weekend comes.

      That is just one example of a situation in which pre-planning your project will help you stay productive; had you researched the affected regions first, you would not have received the info on the organizations until the weekend, and may have missed your chance to call them.

      That, in turn, would have wasted time you could have spent working on this project to finish it.

      Knowing what you need to do, when you can do it, and how long it will take you, is important in balancing your workload and being more productive and efficient.

      3. Put your work first

      This is an issue that usually occurs with young people who are new to the workforce: they’re often tempted with offers to go out at midday, and then come back lost in thought and unfocused on their work-related tasks.

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      While it is important to take breaks, your breaks should consist of you clearing your mind, not loading it up with other less important information—like sports.

      However, that is not the only situation where you need to worry about putting your work first before all else.

      In a work environment, the senior employees will oftentimes push some of their menial tasks onto the newer employees. If you fall into that category, you need to know that their work is not your work, so if you have tasks that need to be done, you need to do it first.

      If you are a new employee, you must learn to say no to other people even when it means you may not be in their good graces anymore. You can help others out once your work is done, but you are paid to do your own work, not anyone else’s.

      4. Don’t open your browser unless you need them

      In this day and age, everyone is constantly monitoring their social network. This is a major pain point for companies, which is why many don’t allow employees to access their social networks on company workstations.

      When you are at work, disconnect the internet from your phone and keep your browsers closed so you’re not tempted to log onto your social media accounts or browse any sites that are not work-related.

      If you keep your browsers closed and phone tucked away, only to be used in an emergency, you will find yourself being a more productive employee right away. 

      5. Try to be happy and optimistic

      If you always have a negative outlook on life, you will be more distracted and less motivated to get work done, so it’s important for you to start your day off right.

      This can be done by having a good breakfast or by taking time in the morning to watch one of your favorite TV shows before work.

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      If you are happy, you will find yourself able to work much more productively as your mind won’t wander into worrying about something else.

      Also, if you stay optimistic and keep telling yourself that you can do whatever you set your mind to, the tasks will seem much less daunting and will go by much more quickly.

      Take a look at more effective ways to stay positive at work:

      15 Ways To Stay Positive At Work

      Happiness and optimism are the keys to being a productive and happy employee.

      All in all, heed the five tips above and you will find yourself being one of the most productive people at your company.

      While you do not need to master them all, each and every one of them will help you become a better and more efficient employee.

      Featured photo credit: Pexels via pexels.com

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