INTENTIONALITY IN BUSINESS PART 4 | School of Business 365 iLEAD Global

The speaker warns against the timing gap: postponing business decisions costs you money and momentum. Flip phones died while their makers waited; COVID winners acted fast. Write down one decision you've delayed and execute it today.
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Hey, my friend. I believe you are doing so, so well. Listen, hey, I'm just excited about this project as we are just rolling, man. Hey, today we'll talk about something very, very, very, very important. Let me just let me share this with you. Most people lose the opportunity. Most people lose the timing of their life. Most people lose a huge amount of money. Most people let time pass by and they get old. Most people lose so much, the momentum of their life, because of this law, the timing gap. It is not the right time to begin. It is not the right time to dominate that market. It is not the right time to introduce the new product. It is not the right time to open another location. It is not the right time to go into a new nation. It is not the right time to go public with my product. It's not the right time to get a partner. It is not the right time to infuse more capital. It is not the right time to— I can go on and on and on. What is the right time? Tell me, in your business, in what aspect you left so much money on the table, or you shred the business, you hand-cut the, the growth of the business because you refuse to push the trigger, because you have been given excuse— it is not the right time, I don't think this is the best moment, I, I think this is a COVID time, I think, you know what, I need to learn more. I think I need to wait a little bit more. Up to when? When are you going to be waiting? Do you know how much opportunity you are losing out there? Tell me this, the longer you are waiting, do you know that whatever idea, whatever idea come to you, or whatever There's a time to do something. When you, when you push it and not doing at that particular time, do you know that tomorrow, today idea you cannot apply on tomorrow time? The appointed time for each idea, for each business, uh, for each business venture, for each, you know, product, sometimes is now. Think about a cell phone. 15 years ago we had a flip phone. Think about it. Maybe you had an idea to do something with the flip phone then and you didn't do it. You could have missed that time. If you're trying to apply the flip phone in 2021, it's going to be a waste of energy. Not because the idea was not great, but because you push it and you wait too long. And you kill the baby and the mom. Some gifted, talented people today, they are dragging because they lose the momentum. They're pushing, they're procrastinating, they fail to jump in and start. I always say timing is everything in business. When the wave arose, when the wave had been created, You must jump on the wave. If you miss that time, you can miss a fortune. Today with the COVID some people are making so much money, it's unbelievable. But some people are waiting. How much have you hindered your business? I want you to share some of the stuff, opportunity that you miss it because you miss the timing, because you push it. Because you say this now is not the right time. When is the right time? When is the right time to take that business public? What is the right moment if it's not now? If it's not now, you have no guarantee for what you can do next year. If you have any project for next year, before we get to next year, Somebody could have dominated, would maybe dominate the market already. But if you do today, the wave will carry you to next year. You get into next year as a giant, as a businessman, as an entrepreneur, as a leader. You have to understand the timing. What you can do today, you should never push to tomorrow, because tomorrow come with its own challenge. And tomorrow come with a new competition. Some of the young entrepreneurs emerging, they're not on the market yet, but you are there alone. Why would you wait and give unfair advantage to others to come and compete with you? Some of the great ideas you had yesterday, if you wait till tomorrow, maybe the idea will disappear. Just think about it. Some of the great ideas you had in the past, imagine that you act on it. You could have been so wealthy today. I want you to be that guy who shut down the timing gap, who take action, who take action all the time. Go ahead and look. What else could you do for your company to go from where you are to the next step now? Something that you would do now and not tomorrow or not next year. That phone call you need to make, the new place you need to pay for and move in, the expansion product you need to add. I want you to write it down right now. Maybe that new building you have to purchase. Maybe that new partner, you must sign with it. Do it now. And tomorrow we'll talk about something very powerful, the mistake gap. I am afraid of making mistakes. So we deal with that tomorrow. Go ahead and take action today. Remember, everything is action, action, action. If you don't take action, it's not going to change anything. This information is not going to help you until you act on it. The transformation comes after the action. Go ahead and do it. Put a comment somewhere there. Share with me. I want to know how you are learning. Share some of the experience with me and share with the whole class. I mean, there's hundreds of us follow this thing. All right, do that and I'll see you tomorrow.
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