The #1 Self-Defeating Behavior Revealed
procrastination is
DEADLY
"Procrastination is the bad habit of putting off until the day after tomorrow what should have been done the day before yesterday."
Napoleon Hill
Author, "Think and Grow Rich"
MONEY
During the real estate boom, many property owners adopted the "buy and hold" strategy of investment. Despite evidence toward over-inflated market valuations, idling and hubris led large numbers of investors to forego profit-taking in hopes of even higher future values. The inevitable bubble and crash forced many out of retirement and brought about delayed retirement for millions more.
Lesson: Pull the trigger on profits- "a bird in hand is worth two in the bush"
OPPORTUNITY
"Time is of the essence" is a legal term used to describe the intrinsic link between opportunity and value. In 1985 Coca Cola Co. introduced NEW Coke, the first variation of the classic formula in a century. Pepsi capitalized on Coke's hesitation to consumer backlash and reluctance to return to the old formula by making the largest headway in market share in the company's history.
Lesson: Procrastination favors the competition; "Carpe diem", seize the day!
MORAL
In baseball, striking out without taking a swing is a hitter's worst nightmare. Combat veterans often express that the uncertainty and waiting leading up to a fight is the most difficult to manage. Achieve a position of dominance, be proactive, and create a positive mental outlook for yourself and your team, rather than letting circumstance dictate a quagmire scenario.
Lesson: Bad decision is easier explained than indecision
In life, timing is everything and while no one can perfectly predict the future, everyone can read the writing on the wall in the present. Understand that to be dutiful is to be obedient, and delayed obedience is disobedience. Ultimately, its better to regret something you did, than something you didn't do.
"Procrastination is opportunity's assassin"
Victor Kiam
Author, "Live to Win: Achieving Success in Life and Business"
Owner, New England Patriots, 1988-1991
favors the BOLD
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