You Could Doesn’t Mean You Should

Recently, I had another good idea.
I always love coming up with new ideas.

They feel so nice at first.
It’s fun thinking of the simple first steps.

It is tempting to jump on that new opportunity right away.

You are in a full rush —
because you just discovered another gold mine.

But the reality is this:
Just because you could follow that new idea does not mean you should.

In the beginning, there aren’t big charges.
But over time, business keeps growing,
those charges become more expensive.

I have this conversation often in my 1:1 coaching sessions.

You have two good options.
Both of them could work.

But not at the same time.

You only have time, energy, and focus to go with one.
There are no neutral decisions.

So that means saying no to something you really enjoy.
That could also work.

Warren Buffett is quoted to have said:

“Write down a list of all things you want to do with your life.
Now rip off the top 5 goals.
Take the rest and mark it red.
Those will be your biggest temptations on the road to make the first 5 successful.”

I would assume by now that a list of 5 things is already a stretch.

So all those days when I come up with a new idea,
I’m reminding myself of that short list.

I don’t have time for all things.
Even if they may work out.

The price to try is too expensive.

By the way: your list can change.

Life changes.
And so do your priorities sometimes.
It is not set in stone.

I would recommend trying to stick with it for a few years.
Only then you’ll know if it worked.

Similar Posts

  • Done beats Perfect

    Done beats Perfect How often have you waited before publishing something? Maybe you have never published anything yet because you thought it’s not good enough. It’s not perfect. I have seen so many people get stuck on the path to building their business. They all get stuck in the Perfection Trap. They think it has to be a masterpiece before anybody else can see it. When in the beginning nobody will see it anyway. Not many people will ever see anything you publish. The few that do – will not…

  • The Trap of Wantrepreneurs

    A lot more people want to start a business today. A lot of people dream about the life they are wishing to live. But only a few starts — and even fewer succeed. I’ve been working on my business for the last 8 years. From having the idea, pivoting to a different offer, to learning the required skills—it has taken me a while. The last 5 years I fully committed to the craft. The reality is: starting a business is hard work. I have not been part of the community for a while. It took me a long…

  • The One Thing AI Can’t Replace

    We all live now in the age of AI. The way I see it—it’s only the beginning. There are so many ways this can go. The one question I keep wondering about is:How do I set myself apart from AI? How can I still be unique? While I’m not sure there is only one thing to do— I believe the answer is this: Being present. Being present means to be in a room together with full attention. You put your phone down this time. AI can replace many tasks, but it can never replace real human interaction. Yes, it…

  • The No. 1 Skill for All Entrepreneurs

    Hey Reader, When I was starting out, my wife said:“You seem to be like you’re on a rollercoaster.” When a video I uploaded performed well — I was excited.I was on top of the world. Another day, I got a bad comment,and the whole day was ruined by insecurity. This continued day in, day out. On extreme days, it was the top of the world in the morning, and the valley of death in the afternoon. This brings me to the most important skill to master: Emotional Resilience. That you don’t take…

  • The New Breed of Family Leaders

    The New Breed of Family Leaders In business, we often talk about the three eternal markets: Wealth Health Relationships Almost any action we take, dollar we spend, or hour we use is spent in one of these three markets. We talk a lot about the Fatherhood crisis – that requires us to step up. So it is time for the new breed of family leaders. Let’s introduce the Present Provider! The Present Provider is a: Business leader Family leader Spiritual leader As the business leader We are providing…

  • Avoid This Pricing Mistake Now

    I sometimes click on ads. It is interesting to see how they are set up. I like to study what they do. On first sight, the ad looked good. The offer is interesting. The price is decent. I always feel the urge to double-check prices. And again: You are being charged $97 upfront and then $497 monthly. There is a price increase by 500% at the end of month one. Again, I found a sneaky price. This is why people get frustrated by online gurus. They are awesome at sales and suck at customer…

Leave a Reply

Your email address will not be published. Required fields are marked *