The reason you haven’t increased productivity or started a new business may be due to your procrastination, and while it may be nearly impossible to find a permanent solution for how to stop procrastinating, what I can do is explain why business owners and entrepreneurs delay and provide some tips to help you succeed as much as possible.
If you missed my earlier blog article on how to start a new company, you can find it here: click here. For those who read the last piece, I hope that my recommendations helped you establish your first company.
Here are some pointers on how to beat procrastination and achieve your business objectives, and what better way to start than by quoting Seneca when she said, “While wasting our time hesitating and procrastinating, life goes on.”
What Is the Definition of Procrastination?
Procrastination is the purposeful act of delaying or postponing something for an extended period of time while knowing that it will have negative consequences. Procrastination could be the reason why your ideas have not been executed even though you had the resources.
Procrastination is a habit that develops over time and can leave people feeling dissatisfied and stressed.
What causes entrepreneurs to put off starting up their businesses for so long?
Procrastination is harmful to entrepreneurs. The following are some of the most common reasons for procrastination:
- Failure-related anxiety
- Exhaustion and paralysis in decision-making
- Lack of energy
- Short attention span
- Lack of self-confidence
- Objectives that are difficult to articulate or that are not well stated
- Fear of criticism
- Resistance to challenges and tasks
- Need for perfection
Identifying the action that occurs when one procrastinates is the first step toward conquering procrastination.
1. Recognize patterns of procrastination
The first step in overcoming procrastination is to notice the pattern that each procrastinated event follows. Is it, for example, the nature of a particular activity that drives you to delay, or other emotion-related reasons such as fear of failure?
Knowing one’s procrastination pattern is the first step in reducing it.
2. Develop a vision for your business that reflects your motivations
Establishing a business vision will help you better understand your priorities as an entrepreneur and stay on track.
Understanding what motivates you and creating a vision that aligns allows an entrepreneur to focus on the right activities and set priorities to prevent switching between projects. Entrepreneurs with a short attention span will benefit from this tip.
3. Make a to-do list
Making a to-do list can help you manage your daily activities and guarantee that each planned task is accomplished at the end of the day.
A to-do list promotes accountability and time management.
4. To serve as an accountability partner, enlist the help of a friend or a group
Joining a network of like-minded entrepreneurs who are dedicated to building or sustaining a healthy and lucrative firm can help keep you in check.
Procrastination is not the same as laziness, and the ancient proverb “Do not put off till tomorrow what you can do today” applies.
I encourage you to bring that concept to life, register that business, develop that app, talk to that investor, or start whatever pending task is holding you back today.
Trybe has to be improved, and you have my full support.