Wednesday, July 21, 2010

Avoiding “Analysis Paralysis”

Finished is better than perfect.

Finished business ideas make you money. “Perfect” business ideas that are never completed because you want to make them perfect make you zilch. And if the idea really is that good, someone else will come up with a similar one and get it launched and out there earning money while you are polishing every facet of your gem of an idea.

So how do you avoid “analysis paralysis” and get your business idea moved forward.


1. Let Go Of Perfection:

Let go of finding the perfect one an choose the “good enough” one. Remember that launching one product now doesn’t mean that all your other ideas die – rather it means you will be able to get more of them finished and launched as your income grows from the first one.

Pick the one that seems the quickest and easiest to get going and get started.

2. Commit Fully To Your Decision:

Often we decide what project we are going to do, but we don’t fully engage. It is like we are keeping our options open so we can change our mind. So we only do bits of work on the project and eventually abandon it. Commit fully and it will get done.

3. Assign Time & Resources To Your Project:

Saying you are going to do it is not enough. You actually have to commit time (yours and others) and resources (money, tools, staff) to the project. If you are working along, choose a certain time of day (perhaps 1pm to 2pm) and work on the project during that hour every day. You will be amazed at how fast it moves forward.

4. Outline Your Project:

Put together your plan. Use an outliner, mind map, project management software, graph paper, notebook, recipe cards or even yellow stickies on a wall. But get a plan together so you identify what needs to be done and in what order.

5. Delegate:

Once you have your idea chosen, quickly assign out all the tasks associated with it such as web building, graphic design, writing, programming etc. Other people won’t have your same paralysis about it and will just run with the project you have given them.

6. Follow-Up & Persistance:

Continue to follow-up with anyone you have delegated to to make sure they keep on top of their tasks. Make sure you persist yourself on your portion of the project so it gets done. Keep to your chosen hours for the project and let NOTHING keep you from spending the time needed to grow your project into a bountiful harvest.

Garland Coulson, The E-Business Tutor”

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