The fear of not having enough business or revenue can lead entrepreneurs and business owners to say “yes” to every opportunity without properly evaluating the costs. This can lead to becoming overextended, declining quality, and not focusing on your core business.
Blunt Force Facts:
- There is no such thing as a free “yes.” Every opportunity you say yes to has costs, such as time, money, and quality of life. Evaluate the full costs before committing.
- Remember your “why.” Make sure new opportunities align with your core business vision. Don’t get distracted chasing every shiny object out of fear. Stay focused on excellence in your niche.
- Focus on excellence over excess. Saying yes to everything dilutes quality as you become overextended. One hiccup caused by lack of focus can have major consequences. Build a foundation for quality first.