Are you overwhelmed by projects? Do new project ideas distract you from projects that you are currently working on? Do you have trouble finishing projects? If so then you need to understand the power of laser project focus.
Often you are overwhelmed because you work on too many projects at one time. Most projects should be able to bring in money within 30 days of project initiation. If you work on four projects simultaneously then it will take longer for you to start making any money. It is better to focus on one project at a time as you will earn actual money sooner.
In theory, if you work on four projects at then same time that each take 30 days to complete then it will take you 120 days before you actually see any money!
Essentially, multitasking causes you to lose focus and momentum. Multitasking means that you have a to-do list. For example, you start working on a sales letter and then an instant message pops up. You become distracted and roam all over the Internet. By the end of the day you haven’t accomplished anything! This can cause a delay of several months before you make any money at all!
When are you typically most efficient? Right before the deadline! Most people make the most progress the 24 hours before their website goes live because they are laser focused. Apply this laser focus from the beginning by focusing on one project at a time.
Laser focus takes a little discipline, but is achievable. Focus on one thing at time so you can make money sooner. You become a “finisher”, not just a “project starter”. Ideas can be the biggest distraction to what you are working on right now.
The following factors will help you determine which project to focus on:
1) Passion for project
2) Return on investment
3) How soon can I bring this to the market place?
4) Is a today or tomorrow money project? Tomorrow is a long term project that is innovative.
Then close the book on the other projects and come back to them later. Give yourself 30 days to complete the project you have chosen. Make sure you have public accountability. For example, let others know that you are going to launch your website/product on a specific date. Repeat this process after you complete your first project.
If you follow a laser focus approach then your first project will start to take on momentum and make money. 30 days later, your second project will start to make money as well. Remember, to test, tweak and improve your projects.
