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Indecision and Inaction
Right now, you can make a decision or take an action that will make you prosperous and proud. However, if you find it hard to make decisions or take action, you will miss the current opportunity.
Indecision costs companies millions when they fail to decide or fail to act. An opportunity comes and goes while management sits on its hands. For example, IBM could have controlled the personal computer market if it had acted on Bill Gates' offer. Barnes and Noble was the world's biggest bookseller until Amazon.com took over. By the time Barnes and Noble started selling books on the Internet, Amazon.com had taken the number one spot.
When you as an individual fail to make a decision or fail to act, you can also ruin your success or happiness. For example, you could have started a business when you were in your twenties. You could have formed a partnership with a very successful person. You could have made better decisions regarding your ex-spouse.
You have probably seen big opportunities, knew they were big opportunities, and failed to act on them.
In fact, you probably have one or more opportunities in front of you now.
The Answer Is Simple
"Inaction and indecision in the present is because of fear of consequences of the future." - L. Ron Hubbard
Because you are afraid of certain consequences, you do not act or do not decide.
Five Tips for Conquering the Fear of Consequences
1. Write down an opportunity that is available to you right now.
2. Write down the action or decision that is giving you problems.
3. Write down the consequences you are afraid might happen.
4. Identify the toughest fears, as specifically as possible.
5. Take action to resolve the fear.
See if you can now make the decision or take the action needed for your success.
Example
John has always wanted to be a business owner. His brother Alan calls one day and says, "How would you like to be partners with me on a Crazy Chicken franchise? It's the best fast-food chicken in the world! It'll be worth millions some day. Just give me that $20,000 you have in savings, quit your job and we'll start!"
John likes the idea, but feels frozen. "I'll think about it." He then spends 80 stressful hours during the next two weeks trying to decide.
Everyone has an opinion for him and he listens to them all. His wife says, "Do what you think is right."; His mother says, "Don't be stupid."; His father says, "Go for it!"; He still can't decide.
Finally, a friend at work gives him this article and John does the five steps.
1. "I have the opportunity to be a partner with my brother Alan in a Crazy Chicken restaurant."
2. "I can't decide about buying the Crazy Chicken franchise."
3. "My fears of future consequences: I'll lose my savings. I'll look like a fool. I'll regret quitting my job. I'll be cleaning a kitchen for the rest of my life."
4. "The toughest fears: I can always save more money, I don't care if I look foolish, I don't like this job anyway, but I can't stand cleaning kitchens! I'd rather beg on the street than clean a kitchen."
5. John calls his brother. "Alan, if I do this deal, will you be in charge of kitchen cleaning forever?" Alan says, "Sure!" John says, "I'll want it in writing. I'll serve the food, take the money, sweep the parking lot or anything else. But if I have to clean the kitchen even one time, you have to agree to buy me out immediately, okay?" Alan agrees.
John laughs, makes the deal and quits his job.
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