Tuesday, October 4th, 2016

Don’t Put Off Until Tomorrow….

“Don’t put off until tomorrow what you can do today.” – Benjamin Franklin

I bet you have heard that quote many times.  It was one I often heard as a child.

It is my observation that many accountants have never, in their entire life, heard this quotation. Just kidding, I know they have heard it but just ignore it.

This came to mind as a read an article via HBR titled, How To Beat Procrastination.

My CPA clients and friends do a great job at making to-do lists. They are great list makers, in general. However, the easy things (like answering email) get crossed off the list and the more important, complex things go untouched – sometimes for months!

Then late October rolls around and firm partners all of a sudden get in a hurry to get BIG things done.

The article stated that the problem is our brains are actually programmed to procrastinate. We struggle with tasks that promise future upside in return for efforts we take now.

The article gives us some tips on how to make the benefits of action feel bigger and more real, such as:

  • Visualize how great it will be to get it done.
  • Pre-commit, publicly. (This works with weight loss!)
  • Confront the downside of inaction.

My advice…. take baby steps. Most of the big changes you need to make to help your firm become future ready can be broken down in smaller steps.

What’s important is to take the first step.

  • "You may delay, but time will not."
  • Benjamin Franklin

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