So many projects, so little time…
Does this sound like you? You start a project and then you’re stuck at a certain point so you start on another project without even finishing your initial project.
This, as you may have experienced, can lead to a waste of time and resources.
Which one should you start or, perhaps, continue on?
I must admit, I am guilty of starting and stopping projects but after much failure and experience I’ve overcome this type of situation.
Let’s first start off with the two graphs, below. These are, of course, hypothetical but are used as examples only:
Graph #1: Shows a person who’s working on multiple projects at the same time (four in this example). It takes this person four months to see any result.
Graph #2: Shows the same person working on the same projects, except one project at a time. It only takes one month to see results.
The moral of these graphs indicate that by focusing on one project at a time you can get more done, see faster results, stop procrastinating and build momentum. It’s practical. It’s common sense. Being in the shoes of the person on graph #1 is dangerous. You’d probably quit before you even finish your project because you would not see results.
Often, we all go through a stage in our project where we’re stuck, for instance, not knowing how to work an FTP program or write a piece of advertisement. These types of things can prevent you from moving forward. Don’t let these things get the better of you. There’s always a way around it if you try hard enough to find the solution. Those who see the light at the end of the tunnel will succeed. Persistence is a key factor when you’re in a scenario like this.
It’s important to note that it’s not always necessary to pursue all of your projects. What I mean by this is that just because you believe in your product, thinking that it’s going to change people’s lives, it doesn’t mean your market would think the same. If everyone had the same belief about your product then it wouldn’t have any value. The point is to be certain that the project you’re pursuing is something that your market wants and at the same time you also need to be passionate about it.
It’s ok to quit projects. I did it many times, but I did it strategically. You need to think ahead of time i.e. – before you start you project. If you quit when you’re at that stage where you’re ‘stuck’ you’ll end up wasting your time and resources. You’d probably make better use of it on projects worth pursuing.
Here are five questions you should evaluate when starting or continuing your project:
1. Will this project give you long-term benefits? For instance, I wrote reports (which included resell rights) with the intention of them getting spread and distributed by others. The results? More traffic to my sites and subscribers to my newsletter. The reports are out there and I can’t stop them, which is a good thing.
2. What do you wish to get out of this project when completed? Is it a sense of achievement? More money in your pocket? To build your reputation? Whatever it is define it, write it down. If you fail to plan you plan to fail.
3. Is your persistence going to pay off in the long run?
4. Is the project worth the time and resources you have?
5. Average is boring. Being number one is better than number two. Will your project lead you to your ultimate goal or is it delaying you from reaching it?
All in all, you need to decide, right now, which projects you should prioritize and make clear what your intentions are for each so you’re always in a productive state. Work on one project at a time, until completion. You’ll gain momentum doing it this way, like a snowball. Tweak and fine-tune your product to maximize the results.
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