Tag Archive: inertia

Behaviors that Cost You Money

thinking_moneyForbes recently published an article on fifteen ways that your laziness is costing you money. It’s an interesting list and well worth your time to check it out.

One of their examples is not sending in rebate offers. We must confess to missing out on this opportunity before. But how long does it really take to fill out the form and send it in?

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Manufacturers know that a lot of us will figure that rebate into the price when we buy the item. However, we’ll never actually get around to sending in the form.

It’s a promotion without a deal!

One behavior may look like another

Have you ever noticed that people who are shy often get labeled “stuck up”? The two can look very similar on the surface.

The author of the article blames this on laziness. We wonder if it could be something else. Using the rebate example, what really caused you to miss out on that rebate?

Was it laziness or disorganization?

Maybe you got home, set down the rebate form and then it got buried underneath a pile of papers. It wasn’t laziness that caused you to miss out, it was lack of organization.

Was it laziness or different priorities?

Maybe there were fifteen other things on your to-do list. The next thing you knew, the rebate period had expired. It wasn’t laziness; it was that other things were more important.

Was it laziness or inertia?

Perhaps you have a routine and filing this rebate in a timely manner doesn’t fit it. Or you’re not good at following up on things in general. The ebb and flow of your daily activities doesn’t allow time for these intermittent events.

Was it laziness or a lack of understanding?

Could it be that you haven’t translated that $50 rebate into dinner out? You don’t see the benefit of filling out the form. If we were talking about something more complex, maybe you just don’t understand the task at hand.

Was it laziness or too much ambition?

It’s interesting that the reason you didn’t fill out the rebate form and mail it in could be the opposite of laziness. You may be so busy pursuing your goals that you really don’t have time for anything else. 

You have to diagnose properly to find the right prescription.

Seek to discover the real underlying reason why you aren’t accomplishing something. Be careful with labels. When you come up with a label, ask yourself if it could be something else in disguise.

Price isn’t the only factor

“Getting the best rate on your savings account” was first on their list. To get the best rate, they advise you to check with online banks because they often pay better rates than local banks.

It’s reasonable advice, except it strikes us that this article was written for entrepreneurs. It makes price (or in this case, return) the only issue.

What about that local bank that supports your local community which supports you?

Doesn’t that count for anything?

Our advice is to build a relationship with a banker so, when you need money to grow your business, you’ll have a place to go.

We understand this mindset of maximizing returns. But you have to be careful not to see the world too simplistically. There are more factors at play.

This doesn’t just apply to local banks. How about local stores and local restaurants? We have nothing against chains, many of which are franchises with local owners.

Local business supports local communities. Shouldn’t that be part of your buying decision?

We’re coming out of a period of time where we put profit above people. Isn’t it time that we all think about our community along with commerce?

If you’re a local business person or just an engaged member of your community, that’s a part of bigg success!

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Thanks so much for reading our post today. Please join us next time when we’ll discuss charging more for your services. Until then, here’s to your bigg success!

Subscribe to The Bigg Success Show in iTunes. 

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Direct link to The Bigg Success Show audio file:
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Related posts

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6 Easy Steps To Financial Freedom

(Image in today's post by svilen001)

The Need to Lead – Part 2

career_opportunities On The Bigg Success Show today, we continued our discussion with Douglas E. Welch, host of the popular Career Opportunities, podcast. Last time, we discussed why Douglas has declared 2009 the “Year of the Leader.” Let’s get back to the conversation …

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icon for podpress  Hear George & Mary-Lynn talk with Douglas on The Bigg Success Show! Click the purple player: Play Now | Play in Popup | Download

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georgeOne of the challenges we face is getting started. You’ve talked about inertia – we tend to remain inanimate unless we really push ourselves. One of your quotes that I love is that we need “leadership over laissez-faire.”

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douglasThere’s the old phrase that the only person who likes change is a wet baby. I see that every single day. It is so important. Newton had it right – objects at rest tend to remain at rest; objects in motion tend to remain in motion. I find that if I can get someone in motion, making the smallest step, the next step becomes all the easier. There is something about momentum and forward movement that builds on itself. Unfortunately, inertia builds on itself too. We can become really sedentary in our lives in a variety of ways – both physically and mentally. That’s part of the reason I write the column. Sometimes when I write, I picture myself giving that stone just a little bit of a push downhill. If I can get it to roll a quarter of a rotation, maybe it will start to roll a little bit further. That’s something we need to do in our own life and also cultivate in others.

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marylynnLeaders are admired for their ability to keep pushing, taking all the steps necessary to keep progressing toward goals. Does your knowledge in this area stem from a time when you didn’t push yourself enough?

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douglasI have to admit that I face this problem every day. I think we all do. There are days when we just want to sit down and do nothing. We just want the world to go spinning around us and not have to worry about whether we have groceries in the house or if that check has come in from that client. It just gets a little overwhelming to us. I grew up in a very small town – a rural town – in Ohio of about 2,000 people. Frankly, in a town that small, there’s a lot of inertia. There’s not a lot of push to go on. I found out very early, though, that I get bored very easily. If I don’t have a constant set of stimulus coming in, I can very easily settle down and just let the world go by me. So as part of learning about myself, I realized I have to have a new book to read, something new to watch, a new place to go to, a new area to go for a walk. I have to constantly have that new input so that I can continue to create the output that I do create such as my column, my podcast, and the other stuff that I do.

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georgeThat’s a great way of looking at it. Look at the inputs – the actions that you take – and then the results will come at some point.

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douglasThat comes from an artist coach that I had become friends with many years ago. I worked at Walt Disney Imagineering for five years as an IT professional in the computer department. One of the biggest perks I got at that job was that I had access to all of the art coaches that all the creative people did. One of the things we discussed was that you cannot output art or other great things in life unless you have enough input coming in. Those are the raw materials that you use for your creation. I really took that to heart and have lived that particular philosophy for a long time now.

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georgeAnd if you can’t afford a coach, find that friend who may be a little bit ahead of you in life or in their career. I have a friend who I meet for coffee. We would always say we needed to get together more often, but it never happened because we didn’t make it happen. So we finally said that we would meet at a particular time every month. That’s what made the difference – getting it pre-planned.

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douglasI started a whole new event here in Los Angeles specifically for that reason. It’s LA Friday Coffee. It is coffee and casual conversation between work and dinner. We meet at various coffee places all around the city. But at its essence, that is my attempt to get myself out on a Friday night to meet and talk to people that I don’t see often enough.

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marylynn
And boy you just can’t beat coffee!

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george
Unless it’s a martini!

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douglas
Anyone who follows my Twitter stream knows that I’m into coffee!

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george
We have to be, doing what we do. Right?

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douglasIt’s weird. I’m a geek in all things. When I find a new interest, I geek out on it as much as I geek out on technology or anything else I’m interested in. So I’ve read up on roasting coffee, how to make coffee, and the perfect espresso shot. My wife’s family is Sicilian and we’ve been to Sicily so I’ve tasted real coffee. That whole geekness kind of filters into my whole life as well.

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george
I’ll bet you make a mean cup of coffee though. When will it be ready? We’re on our way!

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Thanks Douglas for sharing your thoughts with us. He has started a free online resource called Career Camp where members of his community can share their expertise. We highly recommend it to you!

And thank you for taking time to read our post today. Until next time, here’s to your bigg success!

Subscribe to The Bigg Success Show in iTunes. 

Subscribe to the Bigg Success feed.

Direct link to The Bigg Success Show audio file:
http://media.libsyn.com/media/biggsuccess/00333-021809.mp3

Related posts

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Seth Godin on Tribes: Part I

Are You a Leader or the Leader

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