We are nearing the end of first quarter 2012, and now’s the time when some business owners start to get a bit twitchy. As with any new year, you probably formulated some big plans to take your business to the next level. If things haven’t been moving along as well as you’d hoped, and you are considering jumping ship, you might be falling prey to March Madness.
This business owner’s malady has nothing to do with college hoops. March Madness strikes those who lack the determination to stick to their game plan at the first sign of “trouble.” That being said, if your plan lacks solid structure, and the wheels are falling off your business bus, you might need to make some serious adjustments. But for most, it’s more a matter of succumbing to the “what if’s” when results aren’t materializing as planned, rather than embracing the process and keeping your eyes on the horizon.
If you are experiencing concerns about your next steps, I challenge you to consider the 3 P’s –
- Reassess Your Plan – Revisiting your business plan should be something you and your team do on a regular basis. This exercise not only helps you stay the course, but allows you to track your progress toward your goals. Upon review of it and your results to date, you will need to decide if your concerns have merit, or are merely gremlins threatening to throw you off your game. More often than not, all that is required is a bit of tweaking over a complete overhaul. When you maintain some flexibility to adjust when needed you are in a better position to accept the business adventure for better or for worse.
- Apply Patience – It is easy to want to be living the future you’ve dreamed of right now. We are a society used to a lot of immediate gratification. But achieving success in business requires a long-term perspective and a lot of patience. There is no such thing as overnight success, so it’s important to know you’ve got what it takes to go the distance.
- Embrace the Process – There is so much you can learn from everyday experiences in business, as well as monumental victories and failures. To keep an emotional even keel, you will be challenged to continually look for the silver lining. As with anything in life, the value is not in the end game. It lies within the process and journey toward your dream. There is not a point of arriving, so learn to appreciate the steps you take each day. Worrying about tomorrow won’t help you achieve excellence today. Success will come when you can remain focused on implementing your plan day by day, and rolling with the punches when you and your next challenge collide.
March Madness isn’t just something you have to ward off once a year. So be aware of the points in time when your thoughts begin to shift off your purpose. Avoid getting too far ahead of where you need to be today in order to reap the rewards you desire tomorrow.
© 2012 Reece International LLC/Dr. Shannon Reece. All rights reserved.