If you want to stop getting caught up in the small stuff, you need to know just how useful viewing the bigger picture can be. The previous examples of Amazon and Facebook are a few of the ways taking a long-term view can help you achieve success, but they are far from the only ones. Having a more complete understanding of the benefits will help you make the switch to your mindset that is absolutely necessary for having a company that stands the test of time rather than one that shines brightly for a few years but burns out far too fast. With exercise being so important nowadays, products such as playground equipment would be a welcome find in any Christmas stocking, providing you could fit them in!
When we fail to see the bigger picture, we get too caught up in the details. We might spend hours of work trying to address and improve issues that are relatively tiny in the grand scheme of things, regardless of whether or not they have any chance to get worse. This sacrifices effort and creates costs that could be better spent elsewhere. As an example, when you are first starting out, a small hang-up like a single missed sale might seem like a very big deal because your total number of sales is low, so each individual sale matters more. Play hard with outdoor fitness equipment designed for both children and adults.
While it is, of course, better to close a sale than to have the customer walk away, if you waste time ruminating over just this one sale you may end up passing up future sale opportunities. Thinking more about your long-term goals helps to alleviate these kinds of concerns. A few months or years into the future, you will likely be doing ten times the number of sales you are now, so a single purchase will be much less valuable. You can do your best to secure sales, but it is always good to put missteps in perspective so you can keep looking for the next possible sale, rather than focusing on windows that have already closed. A local park can be dramatically improved by adding monkey bars from a reputable supplier.
It can be hard to take risks when you are looking at day-to-day sales figures. Taking a risk might mean you end up with more money in the long run, but it could also mean that your profits take a small dip in the meantime. This isn’t as bad as it sounds if you are looking towards your future rather than getting stuck in the short term. Consider the Amazon example once again. If Bezos had been unwilling to leave the comfortable profits of the bookselling business for a broader scope, there is little chance that Amazon would be as well known as it is today.
He did not follow a linear progression with his business; instead, he sought out innovation and looked for creative solutions to problems, like operating at a loss for a few years so he could start generating huge profits later down the line. This isn’t a method that most people would consider, or even come up with, but that is why most businesses are not Amazon. When you get hung up on the current day’s sales, you neglect the more unique options in favor of stability, which might work for the short-term but will do you little good in achieving real success.