What Are You Waiting For?

Last Thursday, October 16^th, I celebrated my 2^nd National Boss’ Day as my own boss. When I opened my own consulting firm in May 2013 I was excited about the possibilities that lay ahead, and began building on that lifelong dream of owning my own company where I could make a difference in the daily lives of others.

It was a daunting goal, with many, many steps along the way, but I knew I could do it; I wanted to do it.

Since that time, there have been many positive steps forward in fulfilling my strategic plan, and a few steps backward. Some steps forward were planned, and others presented themselves unexpectedly. As I came upon those unexpected opportunities, the loudest voice in my head was that of a friend who constantly asks those with whom they come in contact – what are you waiting for?

What are you waiting for, indeed.

Recently, another friend announced that she was taking the same giant leap of forming her own company. As we talked about the courage it takes to make that decision and move forward, I found myself asking her many of the questions that were asked of me almost 2 years ago.

• What products or services are you offering?
• What is your target customer base?
• How will you reach/communicate with them?
• What makes your company different from all of your competitors?
• What will your brand look like?
• Tell me about your strategic plan and goals

Quite honestly, the decision to do something – anything – is the easy part. It’s the strategic planning and then execution that takes all your time, effort, and resources.

This is also the easiest place for you to get bogged down, and eventually question your decision to strike out on your own in the first place (or whatever the decision may be). Getting mired in the minutia can easily provide 101 reasons why you can’t do something today, next week, or next month.

So, how do you guard against the “I can’t do it right now because…” mindset? It’s easier than it seems; really. 

Whether you are your only employee, or you have 1,000+ employees, it is vitally important that you build a team around you that gives you the support to do what needs to be done, when it needs to be done.

You need a team of friends, colleagues, peers, and staff that will ask, “What are you/we waiting for?” You need people who are supportive of your efforts, and are not afraid to let you know that you may have taken an unnecessary or possibly detrimental side trip off the strategic path.

We’ve all heard that nothing worth-while is ever easy. However, that does not mean that every step forward has to be like pulling teeth from a dinosaur.  In truth, sometimes you just have to make yourself take that step. Sometimes you just have to tell yourself, “Today is the Day,” and move forward.

In 26 days I will achieve the half-century mark in age.  I’ll be 50. Whoohoo!!! I’m excited about Life After 50, and all the possibilities ahead. So, in writing this particular blog today, I once again have to ask myself, “What am I waiting for?”

What are you waiting for?

Before founding her own consulting firm in 2013, Dawn Gannon served as a respected project management and administrative operations professional in the military, higher education, and women’s healthcare fields for 25 years. She holds a Masters of Business Administration and a Graduate Certificate in Organizational Management from American Public University, is a contributor on LinkedIn, and the author of the Management in Motion blog.

Dawn currently serves as the Past Chair of the American Society for Reproductive Medicine’s Women’s Council, and teaches health and safety classes for the American Red Cross. As an infertility survivor she has been a featured speaker within the Fertility Community, and written numerous articles on the topic of childfree living. 

If I Had To Do It All Over Again

What if you had an opportunity to go back 10, 20, or 30 years to start your career or build your business again? What words of wisdom and lessons you have learned over the ensuing years would you hope someone would share with you as you got started?

It's the age-old question of "wouldn't it be great to be 20 or 30 again," if you could do so with the wisdom, knowledge, and perspective that you have now at 40 or 50.

What I wouldn't give to let my 25-year-old self a good kick in the pants so that I could see what my actions - or more accurately, my inaction, would cost in terms of opportunities down the road.

Would I have chosen a different path (or many paths) if, as a 25-year-old, I could see the opportunities presented to me with my half-century-old eyes and knowledge?

However, with age also comes the recognition and understanding that all of life's experiences, both good and bad, contribute to the person you are today, and set the stage for tomorrow, next week, next month, and next year.

Without going too in-depth, I would remind my younger self that education is vitally important, and opens many unexpected doors of opportunity for personal growth and the ability to positively affect the lives of others.

There are other things I would tell my younger self, but I would really like to hear from you. If you had to do it all over again, what would you tell your younger self?

Editor’s Note: This post also appears on LinkedIn.

Before founding her own consulting firm, Dawn Gannon served as a respected project management and administrative operations professional in the military, higher education, and healthcare fields for 25 years. As a Lean/Six Sigma Green Belt, Dawn’s commitment and personal mission to improve the lives of others through service to the community focuses on providing administrative and volunteer management, consumer education, public outreach, event planning, relationship-building efforts, and strategic planning. She is a contributor on LinkedIn, the author of the Management in Motion blog, and has written a number of articles for RESOLVE: The National Infertility Association on the topic of childfree living.

Missed Opportunities

Editor's Note: This blog post also appears on LinkedIn.

Conversation Overheard Between 2 Friends in December 1992

Bob: “I’m buying some stock in the Snapple Company. The company is doing really well, and I think it’s going to take over the market. Want to spend that $5,000 you have on $15 a share and join me?”

George: “I think the beverage market is really over-crowded, so I think I’ll pass. Thanks for thinking of me and asking though.”

Fast Forward to 2014

Today, the stock purchased for $5,000 in 1992 would have split several times and now be worth over $40,000. What a huge missed opportunity!

Many times over my life I have been presented with an opportunity and passed for one reason or another. Some decisions proved to be the right one, while others were later identified as a true missed opportunity.

Common business sense suggests significant research and data to support the options considered. After all, intelligent business decisions are made based on data, right?

What about gut feelings or intuition? Several times over my career, data suggested one action while my intuition suggested a totally different – and way out there – action. For the most part, the data-based decisions provided the expected results, but every once in a while, my gut reaction proved to be the better path instead.

So, how do you tell which opportunities are worth the effort and which ones aren’t? What if there is no data to support your intuition? As a business leader you have to make that call, taking both the credit if it works and the responsibility if it fails.

What happens if you don’t make a decision? Well, that’s a decision in and of itself.

There are several common reasons leaders choose to not make a decision or to do nothing about an opportunity:

• We don’t have enough capital right now
• There’s too much going on in the company/market place right now
• We don’t have the right people in place
• I’m the only one who wants to do it

What commonality do you see in each of those reasons?

They are all simply excuses for not leading.

So you don’t have the capital – get it. There’s too much going on – great! Your competition won’t expect you to do anything and you’ll gain a competitive edge. Don’t have the right people? Get them or hire contractors.

Last, but not least, no one else wants to do it. Really? Then refine the message of your vision and actively share that vision with your team. 

Just like Bob and his friend George above, perhaps they aren't buying the opportunity because you haven’t sold it well.

Before founding her own consulting firm, Dawn Gannon served as a respected project management and administrative operations professional in the military, higher education, and healthcare fields for 25 years. As a Lean/Six Sigma Green Belt, Dawn’s commitment and personal mission to improve the lives of others through service to the community focuses on providing administrative and volunteer management, consumer education, public outreach, event planning, relationship-building efforts, and strategic planning. She is a contributor on LinkedIn, the author of the Management in Motion blog, and has written a number of articles for RESOLVE: The National Infertility Association on the topic of childfree living.