3 DANGEROUS BELIEFS that PREVENT business owners from succeeding… The cost of Solution Hopping
Summary
- Solution hopping can hurt your business growth and cause unnecessary headaches; it's key to recognize and avoid this practice.
- Business owners often look for painless and quick solutions to challenges, much like "diet hoppers" who switch from one diet to another; this approach also permeates business strategies.
- The myth that a perfect, easy, and immediate solution exists can cause frequent and unproductive changes in business strategies.
- I've identified three false beliefs that encourage solution hopping: 1) The solution must be perfect. 2) It should solve the problem entirely on its own. 3) It needs to be easy, frictionless, and fast.
- Reframe your mindset to accept that no solution is perfect, total problem resolution might require multiple solutions, and that setbacks and difficulties are part of the process.
- Staying with a chosen solution long enough to properly evaluate its impact is key to actually benefitting from changes made.
- To effectively select a solution for your business: 1) Rank potential solutions based on ease, friction, and speed. 2) Consider alignment with company values. 3) Test the solution for a set period before full commitment and define what success looks like in that context.
- Reducing the frequency of solution hopping is a mark of success; longer periods between strategy shifts suggest smarter decision-making and solution evaluation.
- Continual change incurs costs and stress on your business financially, on your team, and on your systems.
- Educate yourself and your team on the pitfalls of solution hopping and better ways to approach problem-solving to reduce stress and financial burden on the company.
Video
How To Take Action
I would suggest starting by understanding the concept of solution hopping. It's when you quickly jump to new solutions without giving time to see if the old ones work. This can make your business suffer. So, here's what you can do:
First, believe that no solution is perfect. Wrong ideas can make you switch solutions too fast. You may believe that the perfect solution must solve everything, be easy to use, and work fast. But that isn't how real solutions often work.
Next, stick with a choice long enough to see its results. Quick changes waste time and money, and stress everyone out. To pick a good solution, rank your choices. Look at how easy they are, how much they change your routine, and how quickly they work. Pick the one that fits your business values best.
Then, test your chosen solution for a while. Decide what success means for this test. It could mean fixing a big problem, even if it makes small new ones. The key is to see what it solves, not that it makes everything perfect.
Last, talk to your team about the downsides of solution hopping. Teach them to think this new way too. If everyone understands, it’ll be easier to make better choices.
Remember, less solution hopping shows you're making smarter decisions. So, your goal isn't to never change your mind but to take longer to do so each time. This means you're learning and getting better at choosing and sticking with solutions.
In short: Avoid quick fixes, choose solutions wisely, test and stick with them, and involve your team. This way, you'll grow your business with fewer headaches.
Quotes
"There's never a solution that comes without problems"
– Leila Hormozi
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"It's not which solution would you prefer, it's which problem would you prefer"
– Leila Hormozi
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"If the solution is not perfect, then it is not a solution"
– Leila Hormozi
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"No solution is perfect ever"
– Leila Hormozi
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"Every solution comes with its own set of problems"
– Leila Hormozi
