Leadership author, John Maxwell, says, "Thinking ahead and prioritizing responsibilities marks the major differences between a leader and a follower." As a leader, are you facing an ever-increasing list of actions you want to take to move your company forward? Especially as we see signs of recovery in our economy? Since you don't want to miss the boat, do you become drunk with all the possibilities?
Can you state what your top three priorities are for the quarter, for the year, for the next several years? In reality, less is more. The more focused you are, the better you will leverage scarce company resources, and the more successful you will become.
I ran into a friend this past weekend that I hadn't seen for a while – in respect to his privacy, we'll call him Jake. Jake is a man of boundless energy and entrepreneurial creativity. He is one of those individuals who thrives on 5 hours a sleep a night. And he augments his primary professional practice by successfully converting many of the small peripheral opportunities that pass his way into nominal profits.
On Saturday, Jake was excited to show me what he felt could be a breakthrough new side venture. It was an original product that he had created with two partners – we'll call it the 'breakthrough widget' so we don't interfere with their still early marketing efforts.