How Thinking can Speed up your Business Growth, and how Overthinking can Slow it Down
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Thinking in your business can be a double-edged sword. When you are thinking about your business and executing your plans, it will definitely position it for growth and success. On the other hand, when you overthink, overanalyze, or over-plan, you will sabotage your business’s growth. This does not necessarily mean it won’t grow but will have a slow trajectory. When you are not careful with overthinking (when you take it too far), it can literally lead to a business failure. But what is overthinking?
Overthinking is when you think about something too much or for far too long. No one says that you should not think or plan. But when you do not take action over your thoughts, that becomes dangerous for the growth of your business. Overthinking and over-analyzing can lead to procrastination, which is another dangerous mindset that will make you neglect your business.
In this episode, your host, Bunmi Ajibade, shares how thinking can speed up your business growth and how overthinking can slow it down. She will also touch on the causes of overthinking and how you can overcome them. Get insights on how to know when you have crossed the line.
Snapshot of the Key Points from the Episode:
[00:55] Thinking-the double-edged sword in your business
[01:33] What is overthinking? What are the causes of overthinking?
[08:33] Practical ways to overcome overthinking.
[08:59] 1. Identify the end results
[09:30] 2. Give yourself a deadline
[09:46] 3. Gather relevant information
[10:24] 4. Pull the trigger