Shiny Objects May Appear Brighter Than They Are
Brad Wolff
Helping Recruiting Organizations Make More Money With Less Stress | Recruiting Industry Advisor & Coach
Have you ever started an important project and then abandoned it after you got a sudden flash of excitement about some new idea, opportunity, or project??
I have….many times. I still get the impulse to do this. This instinct is so common that there are names for it like" Shiny Object Syndrome" (SOS) and?"Fear of Missing Out" (FOMO). Everyone has this drive, some more than others. As entrepreneurs, owners of recruiting firms tend to have a higher dose than average. Most people wouldn't launch their own businesses if they weren't willing to pursue shiny new opportunities that appear better than their current ones.?SOS has positive and negative aspects. The key is not to have it take you over.
Why SOS is so common in recruiting firm owners
In addition to the entrepreneurial factor, recruiting is a high distraction, interrupt-driven business. Think about the number of emails and phone calls you receive from clients, candidates, and internal staff. Most of them don't need to be addressed promptly. But do you stay focused on your high-priority tasks and then set aside time to catch up on your emails? If you're like most recruiters, you tell yourself that your next phone call or email could contain an offer, acceptance, new job order, or great candidate referral. It's hard to resist shiny new emails and phone calls!?
We get addicted to the rush of dopamine, the brain chemical that stimulates our desire for a reward. The more dopamine you get, the more you need to feel the same effect. Under this spell, it's tough to stay focused on your most important but less stimulating work. You just want something new to reignite the excitement.?
Why SOS is so powerful
We know that the greatest long-term success comes from consistent, focused action on our highest payoff activities. These actions are high on long-term rewards and satisfaction but low on instant gratification and excitement. However, our dopamine-addicted brains are easily bored and want to seek pleasure now rather than satisfaction in the future!
When a new idea, opportunity, or project that promises a quicker payoff arises, the combination of novelty and instant gratification can overwhelm us. We then abandon our high payoff, longer term efforts. Our minds usually tell us, "this new thing is better than what we're currently doing." If our minds weren't rationalization machines, the message would be, "what I'm currently doing is better, but I have the urge for something new that I can enjoy sooner." We truly believe that our sudden change in direction is different this time and the shiny object is real gold, not "fools gold."
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Why SOS matters
As a coach and advisor to recruiting firms and founder of two successful firms, I've had the privilege of experiencing and witnessing success and failure many times. The reality is that fewer than 5% of firms grow beyond the 2-5 employee level. One of the hallmarks of those that do is the owners' commitment to bring their key strategic projects to completion. They still feel the pull of SOS but have learned to resist it. They know that the number of good ideas you have is of minimal importance. The number executed is what matters. An "average idea" that's brought to completion will improve your firm. A great idea that's not will drain your time, energy, and confidence.
Take a moment and consider the following:
How to overcome SOS
As with most of life's challenges, there is no quick and easy solution. Fortunately, there are ways to overcome and master these challenges. Below are some practical solutions to help you experience the benefits of completing projects and achieving the goals that really matter to you:
I hope you've gotten some practical insight and value on a very real issue that gets in the way of small business owners in every field but even more in recruiting. I'd like to hear from you about your experiences with SOS.