FM Walsh & Associates Inc.

The Cost of Delaying Decisions

I recent spoke to the Vancouver eWomen Chapter on the “5 Deadly Sins of Business Development”. After the presentation, one business owner came up to me to say that she had stopped delaying making difficult decisions about her business and was surprised at how much less stressed she was. For months she had kept on an employee who was not performing, rationalizing that with more training and support things would get better. They didn’t. After much stressing out, she finally let the employee go and immediately afterwards felt like a 100 pound weight had been lifted off her shoulders. That was her cue to stop delaying on tough issues. She enjoys running her business a whole lot more these days. Part of being successful in business involves making tough decisions. Putting those decisions off for long periods actually increases your stress and anxiety. Postponing something doesn’t guarantee a better outcome – better to measure out the pros and cons and then go for it. That way your energy goes into building the business, not worrying.