Your relationships...

produce baggage.

Every interaction that goes wrong adds to it.

Every negative assumption we make adds to it.

Every unmet expectation we have adds to it.

The more baggage the harder it is to have conversations.

Have them before the baggage gets too big.

Do you keep postponing specific conversations?

Why is that so?

Are they hard to have?

And are they important to have?

Then you have a vital conversation.

Vital conversations need to be had, right now.

Postponing them will not improve the situation, but deteriorate it.

You are the leader...

and something goes wrong.

Who is to blame?

You are!

Your assistant forgets something

Your fault!

An earthquake stops your delivery?

Yes, you guessed it, your fault again.

Being a leader is tough, and it means you are responsible for everything. If you want to be a leader, this is a fact to accept.

Have you ever created a problem by solving a problem?

You are chuffed, that you solved it, but behold...

It may be like a hydra, for each you solve, two more are born.

This is part of life. It is not you. It is like this for everyone.

The solution? Become Herkules.

Getting it done...

Or performing well?

What will you choose?

Often you have to choose between one or the other.

Postpone a negotiation, because you are iffy?

Write that offer at 3 am?

Add in one more appointment on Saturday?

You could have made this decision sooner...

Why didn't you?

Did you not understand the consequences?

Did you underestimate the costs of staying in?

Did you misjudge the trajectory?

Did you overestimate your skills?

The reasons can be many. Are you ready now? Move on, don't regret.

Your plan…

Is not working!

What now?

Take some action! But what? Doesn‘t matter, just anything.

Sound familiar?

Strategic plans may take time.

Plans will not work out 100%.

Patience, patience and patience.

To continue or to stop?

How do you decide?

Have you calculated the costs of walking away?

Have you calculated the costs of continuing?

It can be better to take a financial loss, but du so consciously and quickly.

Don‘t waste resources on a slow demise.

#familybusiness #costs #dailythoughts

Do you calculate opportunity costs?

Do you even think about them?

What could they be?

Which opportunities will you miss by saying yes to something?

This can cost you: Money, Time, Energy, Happiness

Which commitments would you say no to, now that you experienced opportunity costs?

What happens when your idea is reject?

Do emotions come up?

Anger, frustration and sadness?

Do they trigger toxic thoughts?

Do you feel misunderstood?

Stop right there.

It is your job, to pitch clearly. -> Try again more clearly!

Your idea might really not be good. -> Work on it. Expand on it!

An idea rejection is just an iteration, one of many.

Are you baffled by your own behaviour?

You act one way in one situation?

And act another in another situation?

Much in life is situational. We act depending on the situation.

An option can be catastrophic in one situation, while amazing in another.

What is the right option, given the situation?

Are your decisions truly yours?

Did anyone influence you?

Did society influence you?

Did someone make a decision, that forced you into making one?

Many of our decisions are influenced. By society, by advertisements, by your family.

Many bad decisions from your past have been, so have compassion with your past self.

Do your expectations align with your actions?

Do your purchases reflect your expectations?

Do your interactions reflect your expectations?

Do your partners reflect your expectations?

If you settle for things below your expectations, you are set to be disappointed.

If you settle for less, be aware of it.

How much trust do you put in your estimates?

How much information do you have at your disposal?

Are you maybe guessing even?

Is it a hunch?

Guesses and estimates are similar to gambling. Don't get too attached to your estimates and guesses. Be prepared to be wrong.

Estimates and guesses help to get momentum. Be prepared to change direction.

Have you played through future scenarios?

Which directions can things take?

How can you impact the direction?

Are you prepared for what can happen?

Thinking through scenarios is crucial for strategic planning.

However, do not let it cripple you, keep momentum, while preparing.

When pressure at work increases, what do you do?

Do you increase your workload?

Do you decrease sleep time?

Do you decrease social engagements?

It is counterintuitive, but with rising pressure, self-care becomes crucial.

Effectivity paired with self-care beats pressure every time.

Do you apply the Pareto principle to yourself?

Do you know the 20% that delivers 80% of the benefits?

Do you know the 20% that delivers 80% of the damage?

You can apply Pareto to your habits and your mindsets.

Identify the habits and mindsets that do the most harm.

When do they happen? How do they happen? Why do they happen?

Now go about changing them!

You are diagnosed with cancer.

It is not looking good.

What would you do?

What project would you quit?

What things would you start doing?

Who would you contact?

What would you change?

Why wait till a diagnosis? Why not do these things, right now? What is stopping you?