How To Make Money By Being Impatient

“A good plan violently executed now is better than a perfect plan next week” – George Patton

We have always been told to think through our decisions. Now don’t get me wrong, planning is important…to a point.

But a perfect plan means nothing if you don’t move fast.

There are two reasons why quick action is important: results and new information. No one has ever accomplished a goal without taking action.

This is why being impatient can sometimes be a good thing. If you’re in a hurry to get moving, chances are you’ll actually start something rather than spend too much time thinking about it.

Start Early

Pat Flynn over at Smart Passive Income is a tremendous entrepreneur and a great guy, but he has one main regret. He wishes that he had started his business even earlier…and he’s only 28 years old!

This makes sense, because every day that you don’t have a product out is a day of lost profits.

Today, Pat makes tens of thousands of dollars each month. But he could have been making far more if he’d just started a few years earlier.

Slow and Steady Does NOT Win the Race

More often than not, it’s a good idea to be the first mover in something.

For example, Tim Ferriss of Four Hour Work Week fame was certainly not the ultimate businessman. Sure, he was earning a great living from his health food supplements company, but there were many people who were doing far better financially.

But Tim distinguished himself by inventing a whole new idea of “Lifestyle Design.” Others had been following these principles for years, but by acting fast, Tim quickly established himself as the leading authority on the subject.

Today, the Four Hour Workweek is a best-seller, and Tim travels around the world speaking at conferences and investing in exciting new companies.

And it was all because he moved quickly.

Make Deadlines

Having a dream is easy. We all want to achieve things, but most of us never get around to doing anything about it.

Instead, leverage your impatience by creating short-term deadlines for yourself. Aim to achieve each deadline as soon as you possibly can.

For example, if you want to get to $100,000 in revenue within 1 year, give yourself six months. Then, create milestones for how you’re going to achieve this goal.

The more specific you get, the more likely you are to get to where you want to be.

How has your impatience helped you?

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