Build with Leila Hormozi Why Solution Hopping Is Hurting Your Business | Ep 31
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Apr 25, 2023 Constantly switching strategies, known as solution hopping, can seriously harm business growth. The discussion reveals that there’s no perfect solution and highlights the importance of embracing manageable problems. Three common irrational beliefs are challenged, alongside three realistic beliefs that can help entrepreneurs commit to a chosen strategy. The conversation emphasizes the costs incurred from incessant solution hopping and offers practical tips for effective decision-making, steering clear of the perfection trap.
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Solutions and Problems
- There's no solution without problems; you choose which problems to accept.
- Reframe your thinking to focus on desired problems, not perfect solutions.
Beliefs Hindering Solutions
- Three beliefs hinder finding solutions: seeking perfection, single solutions for complex problems, and easy/fast solutions.
- These unrealistic expectations lead to constant switching between strategies.
Realistic Beliefs about Solutions
- Adopt realistic beliefs: No solution is perfect; one solution rarely solves everything; solutions come with challenges.
- Accept setbacks; they are inevitable.