If it's a good idea later...

If it’s a good idea later……then it’s probably a good idea now.Twice in the past week I have been reminded of one of my learnings in life. If something is a good idea for further on down the track, it’s probably a good idea now. Usually all that’s missing is the permission/encouragement to do it now.For example, one Managing Director wants to hire a guy who would represent a significant lift in capability in a key area. He would bring in significant levels of new business across several divisions. But the MD is already hiring a critical senior resource, and cash is tight, so his plan was to sit on the appointment for 8 months. I pointed out the risks of letting this guy go to the competition or out of the industry, and the risk that we would limp along at the current level of performance. We need the lift now, and if we’re right about his capability, then we will get a return on the cash outlaid anyway. This is one of those times we have to up the ante. The MD agreed with a sigh.Another MD has a problem performer on his management team. He hasn’t really delivered on the promise, and this week did something stupid, committing a basic error. I said there are 3 options: train, transfer, terminate. The MD thought he would have to move him out before the end of the year. My comment was that if it’s a good idea to get rid of him later, then it’s probably a great idea to get rid of him now. This MD agreed with a sigh.Think about the things you plan to do later on. How many of them are pushed out because of the demands of sequencing, and how many are pushed out because you just don’t want the hassle/cost/stress? Is that a good enough reason?Learn about these and other common mistakes in the 7 MISTAKES BUSINESS OWNERS MAKE eBook --- FREE DOWNLOAD.