One of my long time mentors, Matt Furey, said many times, “Money is attracted to speed”.
And he was 100% right!
The faster we take action, the more we make (or the more we save).
Before I understood this concept, I used to be one of these guys who wanted to have all my ducks in a row before I would commit to anything.
Every time I went to buy anything, I’d start by doing massive amounts of research.
After all, I wanted to know that I was making the right decision, and getting the best deal.
It could take me weeks or even months to make a buying decision.
I can remember getting ready to buy my first computer in 1997.
Because it was such a major purchase for me at the time, I went through my typical routine of doing all the research.
Finally, after almost three months I decided on the model of computer I was going to buy, and who I was going to buy it from.
I felt GREAT about my decision and was ready to move forward with the purchase.
At this point, I can’t remember how much I paid for the computer, but it’s really not that important.
All I remember about the experience is this…
One week later, another electronics store had the very same computer on sale for $145.00 less than I paid for it.
And yeah, I was a mad.
I thought about taking the computer back for a refund, so I could by it cheaper at the other store, but in the end, I decided it was more hassle than I wanted to go through.
But here’s the real kicker:
Shortly after buying that computer, I installed this software for my carpet cleaning business that immediately made my life sooooo much easier.
In fact, compared to the way I used to be doing things, it saved almost 2 hours a day of my time.
I ran the numbers through my head, and discovered that in the 3 months it took me to buy that computer, I could have saved about 90 hours worth of my time.
And let me tell you, the time savings was a whole lot more important to me, especially when I was working so many hours at the time.
Recapturing two hours of every day was a big fat hairy deal to me.
Fortunately I learned my lesson from that experience.
Today I’m much faster to make decisions and take action.
It doesn’t matter what the situation is… I now have a habit of making decisions quickly.
Am I always right?
But most of the time I make great decisions.
And I’ve found that making fast decisions has served me extremely well.
How about you?
What’s your experience been with this?
I’d love to hear from you.
Post your comments below.
Dedicated to your success,
“The Automatic Income Coach”