From Victoria Colligan, Founder, Ladies Who Launch

One of the biggest secrets I’ve learned throughout the course of launching is that buying time can often mean the difference between success and failure.

Here’s why: Buying time gives you the chance to think through decisions, gather more input, save more money, earn more money, pay more attention to detail and button up your plans. Whenever I’m in a bind over a decision or an investment, I ask myself, how can I buy myself some time to get more certainty around this decision or more clarity around my goal. Here are a few quick tips for buying time:

• Don’t feel compelled to respond to emails immediately. If you’re feeling pressured or uncomfortable with an incoming request, ask the other party for more clarity and a detailed description of how they see your role. Force others to think through their “ask” as much as you would.

• Request payment plans from vendors. More often than not, vendors will respond favorably to payment plans even if you never thought it was an option.

• Transfer credit card balances to a no-fee, no-interest credit card with a 12 month or better offer. There are many possibilities and you buy yourself time before having to pay off a large balance.

• Slow down your decision-making process. Let passion drive your motivation but not your rationale. Ask meaningful questions and select only those opportunities that serve you.

This week’s LaunchOpportunity:
Selling products and / or services online is a great distribution channel for your business and the technology available has truly facilitated this platform, especially online merchant services which make transactions easy and seamless. Being able to take payments online via credit card and finding optimal deals with favorable charges and contract terms takes some investigating. Fill out this short form for free and learn more about vendors in our network who can help you.

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