Recently we looked at this list of 15 things put together by John Rampton which may be holding you back from financial freedom. The list is :
- Living Above Your Means
- Lack Of Determination
- Neglecting your Health
- Purchasing a Home
- Relying on One Source Of Income
- Wasting Valuable Time
- Not Acting on Your Ideas
- Not Reading
- Fear and Negativity
- Not Setting Goals
- Avoiding Routine
- Not Collecting Assets
- Spending Time with Toxic People
- Failing to Follow to Allocate your finances (70/30 rule)
- Not Having A Mentor
Today we are going to look at the seventh - not acting on your ideas...
What could be worse than not having an idea, a thought, an inspiration? Probably, having an idea and not acting on it!
For a moment, can you imagine having a great idea, a plan, a thought, then doing nothing with it? There is a school of thought, and it seems to be pretty accurate, that if you do not take action within 5 seconds of something coming into your head, nothing will ever come of it.
Now, I do not mean starting every project as soon as you think of it - that is a sure fire way never to get anything done, but rather, to take some action - be it writing the idea down, scheduling some time, making a memo on your phone about your thoughts, emailing yourself even. Once you have the idea down, and recorded somewhere, then there is a chance that something will happen. When you have the time, schedule the next step, then you are in action, moving forwards and advancing that idea.
Of course, many ideas, plans and concepts start off, tail away, and fizzle out, but at least you have tried. When you keep trying ideas, there is far more chance that YOU will succeed rather than sitting back, reflecting in 20 years time and saying - 'I had an idea like that, never did anything about it though'
Actions for today:
1. Find a method of recording your ideas instantly which works for you - there may be more than one way. A few suggestions are : voicememo audios, set up a new email address - email@example.com for instance, keep a pad and paper on you - it really doesn't have to be hard.
2. Book a slot in your diary each week (or day if you are full of great ideas) to review each one, and plan an action. That action is about moving forwards, and part of moving forwards may be to bin the idea - but at least you have had a second bite at it.
3. Schedule a review of the original idea in 6 months from now - and again 6 months after that - you never know, it may seem like a great idea one day, and in the meantime, your subconscious brain will have been working on it.
Above all, just do something with your ideas - not leave them float away after 5 seconds.
As Mark Cubanonce said, "Ideas are worthless until you do something with them."