You Spend Too Much Time Learning What To Do

29 July 2015

This week we bring you a thought that is often a big issue for business owners. It is one of those habits that we fall far too easily into and forget to get out of…

“We spend a lot of time learning what to do. We don’t spend enough time learning what to stop.” – Shweta Jhajharia, inspired by the words of Peter Drucker.

I have seen this time and again. I will sit down with one of my business consulting clients and some of the first words out of their mouth are, “So what do I need to do?” Then we actually dig in and explore what is happening with their business. We uncover where the profit is actually coming from and why it is not growing at the moment.

Almost every time, there is something (well, usually more than one thing) in which they are working harder than they should be and need to stop if they want to start seeing more massive growth.

This kind of thing is most evident when business owners feel that need to declutter their life and/or their business and team. Often they have heard and taken the advice to constantly take action, and yet are not getting the results that they feel they should be getting.

Take a good look at all the work, all the systems and the processes that you currently maintain in your business. I mean take a really good look.

Be honest with yourself: are you doing these things because they are of benefit to your business, or are you just doing activity for the sake of doing something? If it is the latter, it might be time to stop the things that are not useful and start working smarter instead of harder.

If you would like to hear more about this please feel free to get in touch below.

Get in touch

We are looking to invest in good businesses.

If you would like to have an obligation free discussion about selling your business, please email shweta@growthidea.co.uk. You can find more about our investment criterion on https://growthidea.co.uk/private-equity.</p

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