The 5 Ps every business needs to know!  Unlock the Power of Progress: Defeating the 4 Business Enemies and Embracing Your Ally!

Did you know there are 4 Ps holding your back from progressing your business?  There is only 1 P that is encouraging you forward!

I am sharing the 5Ps every business needs to know, so you can either avoid or do more of them to progress your business!

The first, of the 5 Ps every business needs to know, is ….

Procrastination: Unleash your potential now!

Do you procrastinate?  What do you procrastinate on?  Be honest with yourself.  There are a lot of reasons for procrastination.

So, what’s holding you back?

Don’t know how to do a task?

It could be that you don’t know how to do something and that’s causing you to procrastinate.  If you don’t know how to do a particular task then please ask because I’m happy to help.  If you don’t want to ask me, there are many other people who can support you. Maybe you are already paying coaches and you can ask them.  There’s nothing wrong with asking.

If you’re procrastinating because you don’t know how to do a task, please, please ask.  Believe it or not, when I first began my coaching business, I didn’t ask questions.  I tried to work it out myself and paid the price for it.  Because I could have gone a lot further, a lot faster, had I spent that time doing rather than researching. So don’t let not knowing how to do a task hold you back.

Another reason why you might procrastinate is …

Imposter syndrome

Imposter syndrome certainly holds people back.  It is about the fear of not being good enough; the fear of being found out; the fear of not being able to do ‘it’.  There’s a whole host of fears that arrive under imposter syndrome.

What I can say to you is listen to your clients because they will give you honest feedback. And if you don’t have clients currently, listen to your bosses or whoever you work for, or listen to people that you’ve done free work with because they will tell you what you are like.

You will be absolutely amazed how much our perception, of us, is very different to their perception of us.  What we think of ourselves isn’t necessarily what they think.

It’s time to listen to them!

Don’t let impostor syndrome hold you back and cause you to procrastinate on shining your light.

And another reason why you might procrastinate is …

Do not have enough time.

If you feel you don’t have enough time then catch the replay of this video, because it will share numerous hints and tips on how to reclaim time in your day and conquer the overwhelm of your jobs to do list too!

You will be able to monitor and identify your time vacuums too.

Really there’s no excuse for procrastination.  Your dream; your desire; your ideal life should be driving procrastination out of your business.

The second P, of the 5 Ps every business needs to know, is …

Perfectionism:  Break free from the chains of overthinking!

Do you suffer from perfectionism?

My dad has grown plants, commercially, all my life – all his life too.  His first memory is sowing seeds when he was about five.   He has a man visit from the USA to have a look at the plants dad was trial-growing for him.  They had a good look at the plant and discussed lots of things.  Then, just as the visitor was about to leave, he commented “I’ve never seen a plant nursery in the middle of a golfing green!”.  This is because my dad was so meticulous in mowing the lawn and keeping everywhere tidy!

Is perfectionism holding you back? Does he really have to be 100% perfect?  Really?  I mean – does it really?

Now okay, I will put my hand up to there should be no spelling mistakes, but we are all guilty of an occasional mistake slipping through.  I can read, read and reread but still miss the odd spelling mistake.

But does it have to be 100% absolutely perfect before you share it?

Why are you wanting it to be 100% perfect.

Is it because you’re lacking confidence?  Lacking confidence in what you’re doing? Lacking confidence in what you’re sharing?  Lacking confidence in your delivery method?

The only way you will overcome that lack of confidence by by actually “doing the do”.  You have just got to put your big-girl pants on and do it!   And I can absolutely guarantee if you “do it” you will learn so much, so quickly.

Then take that learning and enhance your offer. Seriously, trust me on this one.  I know because when I created my first challenge, I was meticulous because I hadn’t learnt at that point it doesn’t have to be 100% perfect.  So there I was just starting my challenge that I thought was perfect.  I was only two minutes into the first part of my broadcast when a member of the audience asked a question!  I had never even thought of that perspective. So straight away it wasn’t perfect!

No matter how meticulous you are. It will never be perfect. So get your offer out there, and shine.

Are you a perfectionist because you are …

Worried you’re getting it wrong.

There is no right or wrong answer. It is what you believe that’s the important thing. And remember, you are your ideal client and therefore if you accept it, they’ll accept it. Just think about that. It doesn’t have to be absolutely perfect.

Maybe being perfect is a form of procrastination? Maybe it’s because you don’t want to be visible. You don’t want to be judged there are so many fears that go on this particular fear.

So is your perfectionism, a form of procrastination?   What is the reason for that procrastination? And like I shared earlier –  it could be that you don’t know how to do something. It could be impostor syndrome. It could be you don’t have time.  Whatever it is, get rid of that worry; that fear!

Conquer whatever fear is coming up for you and get your message out there because there are people who need what you are offering. They really do!!

These two Ps, procrastination and perfectionism, which is a form of procrastination are both enemies in your business.

The next P,of the 5 Ps every business needs to know, is …

Parkinson’s Law: Embrace the power of time management

Parkinson did a study and realised that the Job filled the time available.  And if there was less time the job would still get done.

The best example I can give is from working in the corporate world.  A holiday you have been looking forward to is just around the corner, but you don’t want to come back to this long “jobs to do” list.  So, you set your mind and get the jobs done so you can go on holiday with a relaxed mind.

Parkinson’s Law says if you have a short amount of time, you will still get the job done.

Why a clear day is ineffective

Another example I can share is … when you have a big job to do and decide you need to full clear day, with no distractions or meetings, so you can really concentrate.    Finally, that planned day arrives and you decide “well I’ve got plenty of time I will start with a nice breakfast”. Then you decide you need to pop to your neighbour to return something.  You realise you still have plenty of time, so you decide to watch the final episode of that brilliant drama on Netflix.  Then you decide to treat yourself to a cup of tea, a piece of cake and a chapter of the book you are reading.

It is then, and only then, when you look at the clock realise it is 4pm and you have not touched this huge project that needs a full day’s attention!

The lesson from this example is an entire day is actually an unproductive day. Whereas if you have got an hour here and an hour there, you can get all sorts of tasks progressed.

So, the next time you consider waiting for a full, uninterruptable day, remember Parkinson’s Law!  Take the short amount of time you have, use a timer, and make huge progress!

Pareto’s Law:  focus on the vital few!

Pareto was an Italian polymath, according to Wikipedia.  He was a civil engineer, sociologist, economist, political scientist, and philosopher.  He carried out a study and found 80% of the Italian wealth was held by 20% of the population.

That 80/20 split applies to many, many things and is often referred to as the 80/20 rule!

What is means is we spend 20% of our time creating 80% of our work.  Then we will spend 80% of our time tweaking and just fiddling with that last 20% – to make it perfect, when it was acceptable at 80%!

Obviously, yes, proof reading is necessary, but think about it … 20% of your time for 80% of the work, but then 80% of your time for 20% of the work. Does it really have to be that perfect?

On reflection of the 5 Ps every business needs to know,

The four enemies in our business are:

  • Procrastination
  • Perfectionism
  • Parkinson’s Law
  • Pareto’s Law

Which leaves our one ally remaining ….

Progress: Your ultimate ally!

Progress is what we all want in our business; but those four enemies hold us back!

So please, if you are procrastinating or being a perfectionist, or realise you are spending your time unwisely, think about these four enemies and know, in your heart of hearts, that you want to progress your business.

The time is now to take action and make progress. You’ve got this and if you have any questions, please contact me at stephanie@stephaniethompsoncoaching.com or dip into the free resources available.

When you can identify and defeat any of these enemies and ultimately all of them then progress becomes unlimited!

See you on a call soon.

Stephanie