Worry is a terrible business strategy.
In the not so distant past, however, it was the only one I knew.
For example, each time I wrote this column, I worried that my editor would say, “Sorry, Carl. This just isn’t very good. I’m afraid that’s the end of the Sketch Guy.”
Inevitably, of course, I would bring my worries to my business partner (a.k.a. my wife). I would go on and on about “What if….” And when she seemed totally calm, I would say, “Aren’t you worried?!”
Because she’s generally unflappable, she would simply say, “I could be worried, if you want me to be. But I don’t see how it would help.”
It might feel like worrying helps.
But as Shantideva is said to have noted, “If you can solve your problem, then what is the need of worrying?
If you cannot solve it, then what is the use of worrying?”
I took my wife’s advice, and instead of constant worry, I now try to do something more productive.
I make plans.
“If the Times cancels my column, do X.”
“If the book sells zero copies, do Y.”
“If the house spontaneously combusts, do Z.”
And then I take Plans X, Y and Z, place them in the file cabinet and stop thinking about them.
That’s it. I don’t need to worry about those scenarios anymore because I have a plan.
Action is a business strategy. Worry is not. So make a plan, put it away for safekeeping and get back to work.
Subscribe & don’t miss a single episode of michael yardney’s podcast
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
Need help listening to michael yardney’s podcast from your phone or tablet?
We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.
Prefer to subscribe via email?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.