Exceptional results often have their genesis in little decisions and small actions. If we commit to get the slight edge, we set ourselves up with an incremental strategy for success. Suppose that you’re a business owner, and five years ago you had decided to prepare your business for sale, then got the ball rolling by meeting with your professional advisors. That initial decision and the steps that followed over several years may have led you to an intended sale, but then perhaps a pandemic or economic crisis potentially changed the landscape for many businesses. However, lawyers and accountants helped clients do a record number of business sales during the most recent pandemic.
Health and science experts had been predicting a pandemic for years. The information was available and was referenced it in the book, The Business Transition Crisis, written by the founder of The Achievement Centre. As for economic downturns, they are always predicted by some experts in advance. Whether a health crisis or economic blip, it still makes sense to think and act ahead, so slight edge thinking matters.
The little decisions you make today start you down a path that could either leverage your business, assets, and life or diminish them, because these decisions cost little or nothing to start and yet the long-term impacts can be enormous.
Little decisions can have big consequences:
- Set business and personal goals and commit to review them regularly. Click here to get a free goal success plan.
- Improve communications with your team, friends, and family members.
- Prepare your business for growth, transition, or sale. You never know when opportunity knocks.
- Invest ten percent of your earnings in a pension or RRSP.
- Think about retirement and what you’ll do next.
- Commit to regular exercise and diet.
These small changes will pay huge dividends down the road.
But it doesn’t happen overnight, because compound interest is only exciting after it has years to work. The full impact of healthy eating and exercise requires time to accumulate. Just like preparing your business for sale and yourself for retirement takes years. So does re-establishing and building relationships with the important people in our lives requires an investment of time.
Assessing, reflecting and acting upon important decisions requires time away, so make the commitment to do just that. Because you could be starting down the path to get the slight edge and achieve a proportionally bigger pay-off down the road.