NBP082 ­- Why Entrepreneurs Should Procrastinate on Purpose, with Rory Vaden




The New Business Podcast – Startup and Small Business Marketing Strategies for Entrepreneurs show

Summary: Click here to Subscribe to the ‘New Business Podcast’ via iTunes! Procrastination is something we all have faced as entrepreneurs and there are countless books, products and resources on the market today about how to overcome it. But what if we actually used it to our advantage? Our guest today joins us to talk about how the ultra-performers actually use procrastination to help them have more time and achieve more, and how we can too. Rory Vaden is a best-selling author whose latest book, Procrastinate on Purpose, dives deep into this subject. Based on his company's with over 900 active coaching clients on this very topic, Rory shares how multipliers think and how they become multipliers as a result: people with more time and more accomplishments. In this episode, you’ll learn about: Why everything we know about time management is wrong! What role do emotions play in how we spend our time? What is priority dilution and why is it relevant to you? Rory defines the term "rent axiom" and its importance. What is ROTI and how does it relate to your business? Having something 80% done by someone else is better than what? Much, much more! Share the Tweetable: "Success is never owned, it's rented and the rent is due every day!"  [Tweet This!] Items mentioned in this episode: Rory's Blog Procrastinate on Purpose, Rory's latest book 5 Things I Misunderstood About What It Means To Be A Man, Rory's blog post mentioned in the show Rory on Twitter My FREE Blogging Tutorial Video Tropical Think Tank (Just ONE ticket left!) We cover a lot of ground in this episode from the different types of procrastination to the evolution of time management to one of the richest topics: the focus funnel. The focus funnel is a way to approach our tasks that will multiply our time by focusing on significance, not urgency. It has three parts: 1. The first part is the mouth of the funnel, the widest point. This is our tasks, our to-do lists. This is where we need to eliminate things, and we can do so by having the courage to say no. And also by understanding when we say yes to one thing we're saying no to something else. 2. The next stage of the funnel is the middle, automation. Anything you create a process for today saves you time tomorrow. If you think of in another way automation is to time as compound interest is to our money. So automate a process today, and you create more time for yourself tomorrow. 3. The final stage is delegation. We've eliminated what needs to be eliminated and automated tasks that need to be automated. Now we can delegate. Multipliers, those who achieve more and have more time, give themselves permission for things to be imperfect. They understand that having someone do something 80% is better than doing it themselves 100%! Rory and I chat about much more on this episode, he has so much wisdom to share on how to procrastinate and how to do so with purpose. Check out the full scoop on today's show! Subscribe to the Podcast To subscribe to the New Business Podcast, use the link below: Click here to Review & Rate the podcast in iTunes, too (Thank You!) I'm no longer running comments on my blog. However, I'd love to hear what you've got to say about this post on Facebook and Twitter.