Perfection: Is the impact positive or negative? Results may surprise you

The other night on Shark Tank, Mr. Wonderful Kevin O’Leary, admonished one of the entrepreneurs, an obvious perfectionist, that “Perfection is the enemy of profit”. It wasn’t until later that evening and all into the weekend, that the quote settled in and I realized, to my dismay, how much “perfection” had a negative influence, not only on my business, but in my personal life. My tech expert is a perfectionist. How many times have I been late to launch a video or article or whatever, because he wanted to get first one thing, then another, “perfect”?

How do you define “perfection” in your organization? Are the perfectionists costing you more than you realize especially on the bottom line? Where do you draw the line between perfection and accurate?

On the personal side, I realized that I could be having a lot more fun if the work part of my life wasn’t held to such high standards. Could we be having more intimacy if we didn’t wait for the “perfect” timing? How much would our lives and profits improve if we relaxed a bit where it wasn’t life and death?


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Posted by Dr. Sarah Layton in Strategic Planning on May 11, 2015.

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