The Cost of Inaction
There is obviously a cost to do something. If I go on vacation for example, it's going to cost me time and money. If I go out to dinner tonight - there is certainly a cost as well.
Think of some of the things you have done in the past that have had great results, maybe even lifechanging results. If you hadn't done them, there would have been an enormous "Cost of Inaction" or COI.
For example, if I hadn't gotten married and had kids, my life would be much different now. Certainly far less rich and wonderful.The cost of inaction would have been immense.
A bit over thirty years ago, I left corporate life to become a consultant. It's worked out extremely well, with lots of world travel which I love, the ability to choose exciting work and I've had some great projects and continue to, and freedom the likes of which doesn't exist with a job. And the money has been great.
What if I hadn't left my great job at HP in 1990? The cost of inaction would have been IMMENSE!
Often people delay, sometimes forever, doing something because the time isn't right or they are not ready. There is never a perfect time for many things are some things you may never be perfectly ready for.
Think of the cost of inaction! And then move forwards.
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The 3 Most Influential Books (I’ve read in a long time)
Here are the three most influential books I’ve read in a long time, possibly ever. It might sound like hyperbole to say they’ve changed my life, but they absolutely have significantly influenced my life in a positive way.
Links to all three are below:
https://teddemop.com/linchpin Linchpin by #SethGodin
https://teddemop.com/launchbook Launch by #JeffWalker
https://teddemop.com/BestYearEverBook Your Best Year Ever by #MichaelHyatt
Linchpin got me excited to do important work, important to me and to many others.
Launch gave me a formula (or blueprint if you prefer) to use to do and help release this work to the world, based on time tested and scientifically valid research and principles.
That’s all good and well, but without some organization and planning nothing happens.
I’ve never put much effort, very little in fact, in planning for myself yet I’ve done pretty well.
Interestingly I’ve long done strategic planning for clients, extremely well based on feedback and results, but haven’t focused on it for myself, for my career and life.
Your Best Year Ever by Michael Hyatt changed all that!
It has a simple and very flexible framework that simply works! A framework that among other things to set and move towards goals important to you while letting you have flexibility and freedom going forwards.
100% is Easy, 99% is Hard
Success is far more likely when you are fully committed!
It doesn’t matter if it is about passing a certification, running, writing a book, or anything else.
Here is quick video of me after a have just completed running 20+ miles a week for 140 weeks in a row. Why? Because my health matters.
When something matters, whether it is professional, personal, or something else, 100%, being committed, makes a difference!
If you are doing 99% percent it is easy to slip to 98%, 97%, 80%, and much much lower!
Constant effect, even though progress may not always seem 100% upwards, is easy with some commitment.
Not trivial, but much easier than 99%!
The Hardest Part of Starting Consulting
What is the hardest part of starting consulting?
Getting Clients? Nope although that is obviously important.
(more here on getting clients: https://successfulinfosecconsulting.com/).
What is the second hardest thing? And what can do you do about these things?
The hardest part – is YOU.
I know I flip flopped back and forth when I decided, between “I’m going to start consulting” and “Who am I to do this?” Feelings of “I’m too young” or “I’m too old” and more are common. Some of this is imposter syndrome which is normal. What do you do about this?
Are Entrepreneurs Risk Takers?
Are Entrepreneurs risk takers? The answer may surprise you!The answer, no surprise, is “It Depends.”
A great many entrepreneurs are rick adverse, and know exactly how much risk their ventures entail – and everything has risk, including having corporate job and going to the supermarket.
Some entrepreneurs are willing to accept a large amount of risk, and although there are exceptions, generally know that they are.