Is Lack of Focus Getting in the Way to Your Success?
My Video Production Company
A lot of our clients needed videos made so I decided to start a video production company. The plan was always to partner with a professional video producer, but I wanted to learn more about the industry, so I started reading books, taking classes on video editing and analyzing our competition.
Two weeks later I lost a really big client in my main business (my Internet marketing agency) because I completely neglected her and she didnt give me a second chance. I lost a $15,000/month contract for wasting time learning skills I didnt even need.
So I decided to let my partner run the business and I now send him clients. I still own half of the business, but I spend only an hour a week working on it. Is it making as much money as it would if I were running it full time? Probably not, but you only have so many hours a day and you have to use them in whatever moves you farthest toward your goal.
Training Our New Salesman
In January we got a lot of great leads so we decided to hire a new salesperson. I normally spend two months training every new hire, but I had a lot on my plate at that moment and only spent two weeks with him.
His performance was less than impressive and I realized it was because I didnt spend enough time training him. Sales was our top priority at that point and I was spending zero time working on it. Stupid, right? If something is your top priority, youd think thats what youd spend most of your time on, right?
I decided to delegate a bunch of smaller tasks and focus on training my new hire. His closing ratio doubled in only three weeks.
Traveling Around Asia
When I was 20 I was running an e-learning company and traveling around Asia at the same time. This normally wouldnt be a problem, as I travel a lot, but I didnt have good systems in place or a good team that could take care of things while I was gone.
I couldnt enjoy my trip because I was constantly worried about work and my company wasnt growing because I wasnt focused on it. Looking back at this, I should have created great systems and hired one or two great employees, train them for a while and slowly transition out of the company.
I tried to do two things at once and didnt do either one well.
Do you struggle with staying focused, too? Would you mind sharing how you deal with it?
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focus, Getting, Lack, Success