How Strategies Can Cause You to Lose Everything!

by Michelle Hill-Smith
www.OnTaskAssistants.com

Yes. You heard me clearly. Strategies can actually cause you to lose everything you've worked so hard to build. But, they can also cause you to find gold at the end of the rainbow. How is that possible you ask? 

A simple theory deserves a simple answer. 

When devising a plan that includes a number of steps in order to achieve something it requires transitions and executions that are clear, concise and logical. Not clearly estimating your next move, taking the wrong step or heading in the wrong direction on a path that has been drawn out and successfully proven can either alter your route or completely wipe it out.



That path is your strategy.

At this point in both my personal and business life, I am making a few major changes that will affect the way I live and the way I do business.

That's actually pretty life changing, considering everything that I do now is centered around those two elements. One of the strategies I've taken on (which I must say is pretty drastic) is to pay off any lingering debt in a very small amount of time. Now, some of you may say, if funds aren't sufficient enough to even make ends meet on time, how is it even possible to do a speedy debt-erase?

I'm not crazy. I thought about the same thing. However, I also considered the track I've been on for the past 2 months which is pretty good. My bills are caught up and my funds are steady. So, I began thinking of a fool proof way to make a hefty purchase for some software that will help my business in so many wonderful ways.

I begin thinking about the strategy I'll use to get my purchase without ruining my life or my business. The scary thought and realistic factor is that I'm not certain how long my funds will be steady. In these last couple of months there were sooooo many things arising in our family life that required large amounts of money each time to take care of them. However, by the grace of God we were able to bounce back and get on track.

Having confidence in your own strategy.

Many of you know that I work with aspiring entrepreneurs and small business owners day in and day out. Therefore, I get to hear a lot of success and failure stories. Often times, I hear more failure stories than success stories. The success stories are pretty simple. Straight to the point. The ones that have them, are your typical, high level of patience king or queen. They are very detail oriented and gravely afraid of errors.

Now, the stories of failure are always coming from those that followed the wrong person, created an entrance or exit strategy with no backbone or guts or they just failed to create one all together. 

Obviously, that's a definite road to failure. But, what about those that actually spend countless hours trying to figure out the best way to go about something only to end up losing it all anyway...after the fact?

How is it possible to have a bad strategy? Simple. A bad strategy is one that is filled with reality and delusion. You can't have the two. Sometimes, we want something so bad, we're willing to allow our minds to become filled with possibilities instead of realities. It causes a shift on our routes to our goals that actually begin to look doable. This means that we think about something so much until we start to see it and eventually believe it can be done.

What a setup! Plans have to have room for error and obstacles. However, just like the steps you'd take to achieve your goals need to make sense, the errors and obstacles you may possibly encounter need to do the same. For instance, if I'm walking on a tight rope right above a puddle of muddy water, 2 miles away from an ocean. I shouldn't expect to fall in the ocean if it's 2 miles away. Unless I'm flying. I think you get my point.

You see, even though we may follow a strategy and get what we want with success, it doesn't guarantee a complete dodging of the possible consequences that may come after. That's the game you play when you have to make decisions. This is why it's important to create strategies that make sense.

There were exactly 3 strategies I conjured up in hopes of one of them being the smarter and most beneficial route to my new purchase.

STRATEGY 1:  Put away a medium amount of money a week which will lead to being able to purchase my software faster. 
POSSIBLE DOWNFALL: I would have to have a tight 2 weeks of not spending extra funds due to the 1st of the month being near the time I would be able to make the purchase.

STRATEGY 2: Make the purchase right out by using a lump sum of funds.
POSSIBLE DOWNFALL: Depletion of extra funds causing no funds for the week and week's end.


STRATEGY 3: Put away small amounts of money until I am able to make my purchase 3 months from now.
POSSIBLE DOWNFALL: Temptation to periodically use the funds for something else resulting in having to start over each time. This will lead to a high possibility in me giving up all together.

By now, I'm sure you've figured out that having a strategy, will not cause you to lose everything. Or will it? It's really a catch 22. Outlining a strategy is one of the most perfect ways to meet a gratifying end. But, I will warn you that though gratifying, consequences are almost always there to greet you at the end if desperation had its hand in it.

What do you think? How would you handle this situation? Share your experiences and thoughts. Maybe it will help me make the right decision. ;)