Procrastination is one of the biggest mistakes people make when it comes to their goals and dreams. In this episode, Pat talks about the 4 reasons why we procrastinate and how to prevent it from happening in the future.
00:00:00.00030 seconds. One time for the underdog. Ignition sequence start. Let me see you put them up. Reach the sky, touch the stars up above. Cause it's one time for the underdog. One time for the underdog.
00:00:17.320I'm Patrick, my debut host of Value Tim. And today we're going to talk about procrastination and if there's a system to prevent it from happening in the future.
00:00:24.440Point number one is a bad estimation of time. Here's what I mean by this. So think about it this way. Procrastination means you have a deadline that you don't hit, right? You're like, I got to get to this deadline. It's a priority, but I don't hit it. Many times you think you have a lot more time than you really do, right? Like, think about it. You're like, oh, you know what? I got next Friday. It's good. I got so much time to get it done. All of a sudden you're like, it's Thursday. Oh my goodness. How do I get this thing done?
00:00:47.520Now, maybe we got away with it in high school. Maybe we got away with it in college. You cannot get away with it in business. Because you don't hit your deadline, you lose customers. You don't hit your deadlines, you lose millions. Potentially billions, some companies do, because they don't meet their deadlines.
00:01:00.860So number one is time optimist or somebody who has a bad estimation of time. Number two, you are overwhelmed because you're taking on more projects than you can handle. Let me explain to you what I mean by this.
00:01:10.220Because I got a big staff here, a lot of people that work at the home office, a lot of sales people, a lot of sales offices, right? And many times, if I look at somebody, that every time I ask them for something, they say, yes, oh, I got it. Okay, yes, yes, yes, I got it. Yes, I got it.
00:01:23.740And then they don't meet half the deadlines. I'll sit down with them and I'll say, listen, you seem a little overwhelmed. You kind of tell, they're kind of going like this. Oh, I got it. You know, I got it. And they're kind of like sweating it, right?
00:01:33.680I'll say, look, I want to simplify something for you. What's that? Just because I asked you to do something doesn't mean you can't rebuttal and tell me, Pat, I got these three pending projects that are due today and you asked me to do it.
00:01:48.340So which of these three is less important than the next request you just made? Then I backtrack and I have to tell them, oh, you know what? Those three are priority.
00:01:57.400Do that. I'll ask this either from somebody else or let's revisit this tomorrow. No problem. Thanks, Pat.
00:02:02.560And then they go back to their business, right? So sometimes you're procrastinating because you took on way more than you can handle.
00:02:07.740That's number two. Let's talk about number three. Distractions. What is distractions?
00:02:11.820Way too many distractions in your life. For example, this is a phone, okay? We all have a phone.
00:02:17.600But here's a question. What notifications are on on your phone? Meaning Snapchat, Insta, Twitter, Facebook, text, WhatsApp.
00:02:25.940How many notifications do you have? Do you know how many of the reasons why we procrastinate is because all these notifications are on?
00:02:32.560Sometimes you've just got to turn off the notifications to a lot of things so you're not being distracted with a lot of different things.
00:02:36.440By the way, there used to be a time where nobody could call their spouse at work.
00:02:40.540Nowadays, it's a little bit more lenient. It's not really that big of a deal like it used to be.
00:02:43.840People talk to their wives or their husbands while they're at work.
00:02:46.220But sometimes your biggest distraction is every time your wife or your husband has an issue, you're on the phone with them.
00:02:51.600Oh my gosh, babe, what happened? Oh, seriously? Oh my gosh, okay, got it.
00:02:54.760And then you just forgot the project that you were due by 4 o'clock today and you missed your deadline.
00:02:59.700Then you're sitting in a meeting, you don't have anything prepared, looking like a fool just because you got a call from your husband or your wife and you got distracted, okay?
00:03:06.180So sometimes you have way too many distractions, you got to lower those.
00:03:11.180Sometimes when you're a perfectionist, you don't do anything unless if it's perfect, right?
00:03:14.760So you have the, I don't want to say best of both worlds, it's more like the worst of both worlds because you're both scared of fear of success and you're scared of fear of failure.
00:03:25.640What if I don't do a good job because it has to be perfect and what if I do come through and do a very good job then there's more pressure on me because everybody's expecting me to do another project that could be bigger.
00:04:26.680Stamina, fatigue, endurance, whatever you want to call it, is I'll give a task to somebody and you kind of know they're like,
00:04:32.840oh, okay, all right, so let me see if this is, we had a meeting the other day and I told my executives, there's a couple of people in the office.
00:04:40.500If I ask for him to do a task, in my mind, I know it's not going to get done.
00:04:45.600Well, let's find a way to rearrange him.
00:04:47.160You want to move somebody else to another department that they're not going to get the job done because every time they do, their energy is low.
00:04:51.780And they're not excited about hitting their deadlines.
00:04:54.080Why are we moving somebody to a whole different department?
00:05:07.860Now, that may sound harsh to some people, but in reality, if you're in an environment that's a startup and everything is moving and somebody is low energy,
00:05:15.520sometimes you just don't get the deadlines done because your energy is just low and you've got to increase your energy.
00:06:29.180And three of them, it's got to be you, your diligence on them.
00:06:31.820But the other four you can delegate to somebody else.
00:06:33.700Now, every time it comes down to you delegating a project to somebody, you either don't trust the individual to be able to do as good of a job as you, or you just don't have the right person.
00:06:44.280So either you've got to start to learn to trust your people, or go recruit and find the right people that you can trust.
00:06:50.160Because one of those two is preventing you from delegating.
00:06:53.120And last but not least, point number ten, you simply don't see value in the project you're working on.
00:06:56.640Meaning you see the project, you know you've got to hit the deadline, but you don't really value it.
00:07:00.660So you just kind of say, you know what, I'm not going to be hitting you, so I procrastinate.
00:07:03.640And you set it aside and turn your attentions in a whole different place.
00:07:06.920So that, I saw ten different reasons why we procrastinate.
00:07:08.840Let's talk about how we come to a conclusion of our decision-making process to say, I'm going to go out there and come through with this and not procrastinate, or I'm going to procrastinate on this project.