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The Cash Flow Contractor

196 - Closing Loops: The Simplest Way to Reduce Stress

Feb 22, 2024
15:07

We’re constantly opening loops in our business and our lives. But how effective are you at closing them? Learn about the concept of closing loops and how it can help reduce stress and increase productivity.


Time Stamps

  • 00:18 - Episode Introduction 
  • 00:53 - The Concept of Loops
  • 03:56 - The Stress of Open Loops and the Need for Closure
  • 05:10 - The Three Ds
  • 07:32 - How to Close Loops
  • 09:17 - Using Software to Manage Loops
  • 14:31 - Conclusion and Call to Action



Quotable Moments from the Show

  • "Open loops are the number one way people kick back responsibility. So you're trying to delegate a job to somebody and you say, I need you to accomplish this by Friday. And they say, I will, as soon as you get me the keys to the skid loader. Now it's back on you. Right?" - Martin Holland
  • "At the end of the day, the most important thing is when something's been communicated, when something's been asked, confirming that you have it, confirming that you're working on it, and confirming that it has been completed is closing a loop." - Khalil Benalioulhaj

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