Procrastination may appear harmless at first but if you make a habit out of it, procrastination can and will destroy your business. It is normal for people to procrastinate sometimes. I admit I am one of those people who occasionally procrastinate even though people tell me I am not a procrastinator. I know myself better than they do and I know my weaknesses more than anyone else. And I too have paid the price of my sporadic bouts of procrastination that is why I am making an effort to share my thoughts on how procrastination can destroy a potentially promising business.

Procrastination affects all of us, but it depends on what you are constantly putting off. If you are running a business or about to open one it’s a terrible thing to procrastinate and I keep telling my readers and viewers that you must avoid procrastination as much as possible because if you aren’t careful and you tend to make a habit out of it, it can destroy your business and everything you’ve worked hard for.

Below are some ways procrastination can negatively affect your business growth.

  • You will lose time.

When operating a business, time is one of the most invaluable assets you can have. So if you procrastinate and waste time it’s just like you’re wasting money. When you procrastinate you lose time and when you lose time you lose productivity and a loss of productivity can stop your business from moving forward.

  • You will miss opportunities.

Opportunities aren’t always available at your disposal and more often than not it knocks once. So if you are too lazy to open the door and take advantage of that opportunity you will surely miss out. Procrastinating can lead to a lot of missed opportunities that could further your business to greater heights.

  • You can’t achieve your goals.

People who procrastinate a lot tend to delay tasks and they also are inclined to be late for deadline submissions. With that being said, obviously it would be difficult for you and your business to reach your goals. As a manager or a director it is your responsibility to inject a sense of urgency to your team so they won’t miss their deadlines and so that everyone can sail on the same boat.

How then can you overcome procrastination?

  • Identify what you are procrastinating about so you can become self-aware.
  • Don’t just visualize your goals; pen them down so you can refer to them every now and then. This would also serve as your reminder whenever you’re tempted to procrastinate.
  • Know how to prioritize. Know what is more important and do those tasks first before the least important ones.
  • Maintain your focus.

When you think you’re about to procrastinate, always go back to your goals and always think about the consequences of procrastinating so you can shift your focus and go back to work.