Procrastination and how to beat it

Sometimes, you feel like taking time off to relieve stress or whatever. This is a good thing. However, sometimes when you take time off work you kinda fall into a rut and are unable to get back on track again. This is a bad thing. It's called procratination.

Have you ever feel so burned out working on a project that just the thought of going back to do it again fills you with dread? Well, not really dread hah hah. More like apathy. You keep looking and looking at the project and finally abandons it.

So how do we avoid this situation? Well, there are two ways to go about it. Inspiration, and desperation.

Inspiration
Why would someone feel general malaise about their project. The depressive feelings most probably came from the fact that a person has worked on a project for a year and has not received any rewards or compensation out of it yet. This is due to the fact that humans suffer from the instant gratification syndrome. I just made that up but, yeah this is the crux of the matter.

So how do we inspire these people? Have people look at the project and say how good it is and how much money it will make when it is completed. Say stuff like only 30% more to go and you're a billionaire even though there's more than 50% to work on. Look at other companies who has done similar project and convince the procrastinator he/she will be one of them after they completed the last 30%. Keep filling the procrastinator with small rewards to ease their hunger for instant gratification.

Desperation
On the other spectrum are people whose ego are so huge they verges on apathy. They think they can do anything, even finish the last 50% of a project anytime that they actually let it languish than finishing it. How do we deal with these people? Pure mental shock. We need to jar their minds to make them understand their situation. Threaten to throw them out of their homes, cut off their supply of entertainment, etc. Tell them that all they get to eat is a loaf of bread and water everyday until they finish their project and make money out of it.

And there you have it, 2 ways to beat procrastination, the dreaded mind killer. You will burn your dread!

Life is a Gamble. So is Business

Life is a gamble of Win and Lose. How's that you ask? Well you live (Win) or you die (Lose). You ate something good for lunch (Win) or you ate crap for lunch (Die). Et Cetera.

Well, business too is a sort of gamble. You can either succeed spectacularly (Win) or fail miserably (Lose). The thing is, nobody can predict whether a business can fail or succeed. However, there are some things that a person can do to increase the chances of succeeding (or prolong the inevitable heh heh).

Things to do to increase chance of success:
1) Research
Before starting a business, you need to do your SWOT analysis. You also need to know what you are selling, and actually sell what you intend to sell. That means you know what your market is, and what your market wants.

2) Prepare Team
When you start a business, never ever start it alone. You will not have the manpower to do anything on time. However if you start your business with a lot of people, things will get messy and ugly very, very fast. So pick a small group, something like 3-5 for a start up business.

3) Monitor Execution/Communication
Communication is key to success. If your team does not communicate well, you know the rest. Making sure that the team does communicate is important and must be done early.

There are more things that a person can do to ensure their business will succeed. It is not limited to what I have just presented. Indeed, different people will have different ideas of what is important to their business.