Busyness is Not Your Friend
Posted on July 20, 2007
Filed Under Management, Attitudes, CEO Skills |
This from Paul Orfalea
[founder of Kinkos which got acquired by FedEx
and now has 1,200 stores in 10 countries]
You must be flexible and astute and focus on the big picture. Busyness is not your friend. Startup entrepreneurs too often try to run away from their anxiety by being busy. But you have to leave time open on your schedule for hard thinking rather than hard working. Make sure you get plenty of sleep take vacations and don’t get mired in the details either at the store or at your headquarters. You don’t have to be at your desk in order to analyze cash-flow projections or revenue-by-category data, both of which I love to pore over by the way. Can’t get enough of it. You, as an owner have to be smart about managing your relationship with time. My definition of owning a business is to make money while you’re sleeping. If you can’t make money while you are sleeping, then your business owns you - you don’t own it.
Takeaways:
- Leave time in your schedule for hard thinking not hard working
- Get plenty of sleep
- Take vacations
- Don’t get mired in the details
Technorati Tags: start-up, entrepreneur, CEO skils, running a business
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One Response to “Busyness is Not Your Friend”
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About
I'm sharing things I wish I knew when I started my business 25 years ago, and things I've learned in 12 years of coaching other entrepreneurs. You won't find the single big, new idea that solves everything, because it doesn't exist. Rather, you'll find ideas you can really use. You can read my story here.
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[…] John over at the Business Owners Blog gives us an inspirational quote from Paul Orfalea. I love Paul and his entrepreneurial spirit. Thanks John! […]