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Increase Your Chances of Success by 5 Times – Or – Screw New Year’s
Reading time: 6-8 minutes (but worth it)
“A good plan violently executed now is better
rather than a perfect plan to be executed next week.”
– Patton
I recently met with a client about a project he wanted to do, and towards the end of the conversation he said, “Sounds good, but I think I’ll wait until the New Year to start it… I think by the beginning of the year we’ll be fresh and ready to start…”
I sat there for a moment, bent down, looked him in the eye and said;
“Losers wait until New Year’s…screw New Year’s…let’s start NOW!”
Even as I type this, I’m not really sure why I said it (out loud). I’ve certainly thought about it many times before, but it was a little strange that the words just slipped out of my mouth.
He was obviously angered by my comment and turned red in the face.
I began to explain to him that New Years is just as arbitrary as August 24th… or September 19th.
There’s nothing really “special” about the New Year other than the fact that it gives people an excuse to procrastinate.
I understand that there are some “legitimate” reasons to wait until the new year to do certain things… like if your fiscal year doesn’t allow for a budget or something. But, more often than not, it’s BS.
With the holidays upon us, it’s only a matter of time before the noise of New Year’s resolutions starts at the office and on social media: lose weight, quit smoking, take up yoga, start your own business. These are goals you probably hear year after year.
Does the resolution setting work?
Setting a New Year’s resolution is a traditional American custom, but does setting a goal on an arbitrary date based on tradition really help you achieve it?
Forbes magazine doesn’t think so. According to an article published in 2013:
Over 50% of Americans make resolutions, but only 8% follow through.
Wow. 8%
That’s about 156 million people who don’t reach their goals every year.
Compare that to a group surveyed who say they “never set New Year’s resolutions and start right away with goals.”
This group reports a whopping 80% success rate.
Think about it.
Those who don’t set New Year’s resolutions report almost 5 times higher success rates than those who do.
You’ve seen it in the gym
The gym is a perfect example of failed analytics in action.
Come every January, every exercise machine and weight bench is packed and you find yourself waiting in line for your favorite elliptical machine on a Tuesday night. The excitement is palpable as everyone gets off on the right foot.
Fast forward just a few weeks later, to mid-February, and the crowds have thinned considerably. In fact, according to the Fitness Industry Association, 22% of people who buy a gym membership in January will have completely quit smoking within 4 weeks (with another 20% following in the following weeks).
And get this, 15% will show up for a workout less than once a week. Not exactly the kind of behavior that changes lives.
So what can you do to increase your chances of success?
Start now!
Why; Because it costs you dearly not to.
What is procrastination costing you?
Permanent Loss of Opportunities
I have created a concept called “Permanent Loss of Opportunity”
Here’s what that means:
Imagine you have set a goal to start a business. You estimate that this business can earn you $10,000 per month. If you take the $10,000 per month and divide it by 30 days, that breaks down to about $333 per day.
So in theory, for every day you procrastinate starting this business, it’s costing you IN REAL DOLLARS (permanent lost opportunities) $333 per day.
This is exactly why discount hotel websites exist.
If a hotel goes 100% unbooked, it’s a permanent loss of revenue that can never, ever make up for those unbooked rooms. So they’d rather make 25 to 50% on a room than leave it empty… losing revenue for that day — forever.
So consider the consequences of waiting a month… 6 months… a year (or more) to do what you want to do.
Not to mention the psychological damage.
Not meeting your goals has a psychological impact
The emotional low that comes from not living up to your expectations can be very difficult to deal with. The feeling of failure can even continue to hinder your ability to get started, creating behavior that takes you further away from your goals than ever before.
Now, instead of losing weight, you put on five pounds. Instead of starting your business, you lose your job… the list goes on.
Psychologists Janet Polivy and Peter Herman call this emotional roller coaster “False Hope Syndrome”: unrealistic expectations about our ability to change followed closely by the jettisoning of our initially high aspirations.
How do you overcome this? Simple:
Immediate, Consistent Micro-Actions (ICMA)
Start RIGHT AWAY and take small, consistent follow-up actions until you build momentum.
While it can be hard to focus on self-improvement during the holidays, taking small steps toward your bigger goal today will help build your confidence and avoid the frustration that comes from unrealistic expectations of your ability. to change from one day to the next. Instead of putting that goal “somewhere out there in the future,” focus on changing daily habits that will help you get closer to your goal.
A study from Stanford University on willpower shows that keeping a New Year’s resolution is hard work. Professor Baba Shiv, who conducted the study, states that it is equivalent to lifting a 300-pound barbell with your brain. The amount of willpower it requires takes a lot of energy for the medial prefrontal cortex (the area of your brain that governs willpower) to achieve.
Do you want to lose weight? Start keeping a journal of your eating habits TODAY.
Want to kick cigarettes once and for all? Smoke one less cigarette TODAY.
Have you always wanted to own your own business? Design that business plan NOW.
When the clock strikes midnight on December 31st, you won’t magically transform into a new person, ready to take on everything you’ve been putting off for the past year. Why not ring in the new year with a sense of accomplishment? Even if only for small steps, already in place?
Every day you have an opportunity to start, and the most successful people always start before they feel ready.
Remove / Action item
Whatever you’re procrastinating on… so something now to get you going. Not tomorrow, not in an hour, not in 15 minutes after you finish reading more… STOP READING NOW and go do something!
Once you’re done, visit ScrewNewYears.com to help you track your progress
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