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Using Time to create Space
We live in a “go go go” world, where we set ourselves targets and feel we need to achieve them right away, asap, now, now, now!
Recently I was talking to a business leader who was feeling pressure to and felt they had no space. No space to think, to rest, to consider alternatives. They were simply in “go go go” world.
Recognising they needed to create space mentally and emotionally, we talked through some options, underpinning them with financial fundamentals of the business.
At the end of this, they said to me:
“you just used Time to create Space”
How did I do that for them?
So, the business leader told me I had “used Time to create Space”.
This had two simple steps.
- Focus on the solid fundamentals of the business
- Choose targets and goals to defer
Focus on the solid fundamentals
In order for a business to create space using time, it is first critical that, over time, the fundamentals of the business will create more profit and more cash for the business.
This may seem stunningly obvious, but perhaps not in this age where we often glorify businesses that focus on raising cash rather than earning profitable revenue. Not…
