SlideShare a Scribd company logo
1 of 3
Download to read offline
Learn more about the author: www.NateLeung.com/about
Contact for more information: www.NateLeung.com/contact
1
3 Mistakes You Can Make by Chasing the Shiny Object
Syndrome
When’s the last time you managed to step into an electronics store and buy just what
you came for? Usually, we go to the store with a list of things we need, and then
completely neglect that list in favor of all the other, bigger, better, shinier things we see.
This is called the shiny object syndrome, and giving into it is a great way to get yourself
into a lot of trouble, both in business and in life. Remember, the secret to success is to
unwaveringly keep your eye on the prize. The moment you decide to chase “shiny
objects” instead of what you set out for, you lose. Here are three critical mistakes that
come out of shiny object syndrome.
Abandoning the Plan
Learn more about the author: www.NateLeung.com/about
Contact for more information: www.NateLeung.com/contact
2
Just like we frequently walk into the store with plans to buy certain things that we never
actually get, we frequently set out to accomplish certain things that never actually get
done. This is because we develop a plan for one thing, realize there’s something else we
want to achieve, feel like that something else is better than the other thing we decided to
chase, and then abandon the plan to accomplish the first goal. Now, if we achieved every
new goal, this wouldn’t be so bad. Unfortunately, the process of developing plan after
plan continues, and we end up never accomplishing . . . Well, much of anything. Be sure
not to abandon your plans just because some new one seems better.
Throwing Away Money
Another mistake people make is throwing away cash. Of course, they don’t literally
throw it away. But, they might as well. Oftentimes, people will make investments in
things that they don’t need (additional front-end offers, or fancy websites) but sound
“shiny” or “flashy” just because those things are ‘shiny’ or flashy. This obviously never
ends optimally, since you end up with extra stuff you don’t need, and less money to buy
the things you do need. This can end up being disastrous for business, and even your
personal life if you really make a mistake. So, be sure to be smart about where your cash
ends up, because once it’s gone, all you’ll have is a shiny thingabob that’s not going to
help you succeed in the slightest.
Learn more about the author: www.NateLeung.com/about
Contact for more information: www.NateLeung.com/contact
3
Self-Fulfilling Failure
Finally, if you consistently give into SOS, you’ll fail in business. This sounds harsh, but
it’s true. Why? Simply because you won’t stick with any one plan long enough to see it
succeed. Remember, persistence is key, but SOS is the antithesis of persistence. It drives
you to do things on an impulse. Over time, this leads to your developing very bad habits
that carry over to, and damage, your business. So be careful. In everyday life, be sure to
be smart about your money, your plans, and your objectives, and keep your eye on the
prize. The moment you stray, you lose, so get out there and keep this in mind today.
Now it’s your turn!
Have you ever fallen for the Shiny Object Syndrome? What have you done to stay
focused with your opportunity and not let that slip away? Please leave your feedback in
the comments section and I look forward to reading them!

More Related Content

Recently uploaded

Constitution of Company Article of Association
Constitution of Company Article of AssociationConstitution of Company Article of Association
Constitution of Company Article of Association
seri bangash
 
What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...
srcw2322l101
 
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot ReportFuture of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Dubai Multi Commodity Centre
 
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
Khaled Al Awadi
 

Recently uploaded (20)

Creative Ideas for Interactive Team Presentations
Creative Ideas for Interactive Team PresentationsCreative Ideas for Interactive Team Presentations
Creative Ideas for Interactive Team Presentations
 
Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlastUnlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
 
Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024Equinox Gold Corporate Deck May 24th 2024
Equinox Gold Corporate Deck May 24th 2024
 
New Product Development.kjiy7ggbfdsddggo9lo
New Product Development.kjiy7ggbfdsddggo9loNew Product Development.kjiy7ggbfdsddggo9lo
New Product Development.kjiy7ggbfdsddggo9lo
 
Constitution of Company Article of Association
Constitution of Company Article of AssociationConstitution of Company Article of Association
Constitution of Company Article of Association
 
A Brief Introduction About Jacob Badgett
A Brief Introduction About Jacob BadgettA Brief Introduction About Jacob Badgett
A Brief Introduction About Jacob Badgett
 
Hyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings releaseHyundai capital 2024 1q Earnings release
Hyundai capital 2024 1q Earnings release
 
HR and Employment law update: May 2024.
HR and Employment law update:  May 2024.HR and Employment law update:  May 2024.
HR and Employment law update: May 2024.
 
What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...What is paper chromatography, principal, procedure,types, diagram, advantages...
What is paper chromatography, principal, procedure,types, diagram, advantages...
 
How to Maintain Healthy Life style.pptx
How to Maintain  Healthy Life style.pptxHow to Maintain  Healthy Life style.pptx
How to Maintain Healthy Life style.pptx
 
Copyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to KnowCopyright: What Creators and Users of Art Need to Know
Copyright: What Creators and Users of Art Need to Know
 
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot ReportFuture of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
Future of Trade 2024 - Decoupled and Reconfigured - Snapshot Report
 
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
 
Unveiling the Dynamic Gemini_ Personality Traits and Sign Dates.pptx
Unveiling the Dynamic Gemini_ Personality Traits and Sign Dates.pptxUnveiling the Dynamic Gemini_ Personality Traits and Sign Dates.pptx
Unveiling the Dynamic Gemini_ Personality Traits and Sign Dates.pptx
 
Elevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO ServicesElevate Your Online Presence with SEO Services
Elevate Your Online Presence with SEO Services
 
MichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdfMichaelStarkes_UncutGemsProjectSummary.pdf
MichaelStarkes_UncutGemsProjectSummary.pdf
 
Engagement Rings vs Promise Rings | Detailed Guide
Engagement Rings vs Promise Rings | Detailed GuideEngagement Rings vs Promise Rings | Detailed Guide
Engagement Rings vs Promise Rings | Detailed Guide
 
Toyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & TransformationsToyota Kata Coaching for Agile Teams & Transformations
Toyota Kata Coaching for Agile Teams & Transformations
 
FEXLE- Salesforce Field Service Lightning
FEXLE- Salesforce Field Service LightningFEXLE- Salesforce Field Service Lightning
FEXLE- Salesforce Field Service Lightning
 
Event Report - IBM Think 2024 - It is all about AI and hybrid
Event Report - IBM Think 2024 - It is all about AI and hybridEvent Report - IBM Think 2024 - It is all about AI and hybrid
Event Report - IBM Think 2024 - It is all about AI and hybrid
 

Featured

How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
ThinkNow
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
Kurio // The Social Media Age(ncy)
 

Featured (20)

2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot2024 State of Marketing Report – by Hubspot
2024 State of Marketing Report – by Hubspot
 
Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 

3 mistakes you can make by chasing the shiny object syndrome

  • 1. Learn more about the author: www.NateLeung.com/about Contact for more information: www.NateLeung.com/contact 1 3 Mistakes You Can Make by Chasing the Shiny Object Syndrome When’s the last time you managed to step into an electronics store and buy just what you came for? Usually, we go to the store with a list of things we need, and then completely neglect that list in favor of all the other, bigger, better, shinier things we see. This is called the shiny object syndrome, and giving into it is a great way to get yourself into a lot of trouble, both in business and in life. Remember, the secret to success is to unwaveringly keep your eye on the prize. The moment you decide to chase “shiny objects” instead of what you set out for, you lose. Here are three critical mistakes that come out of shiny object syndrome. Abandoning the Plan
  • 2. Learn more about the author: www.NateLeung.com/about Contact for more information: www.NateLeung.com/contact 2 Just like we frequently walk into the store with plans to buy certain things that we never actually get, we frequently set out to accomplish certain things that never actually get done. This is because we develop a plan for one thing, realize there’s something else we want to achieve, feel like that something else is better than the other thing we decided to chase, and then abandon the plan to accomplish the first goal. Now, if we achieved every new goal, this wouldn’t be so bad. Unfortunately, the process of developing plan after plan continues, and we end up never accomplishing . . . Well, much of anything. Be sure not to abandon your plans just because some new one seems better. Throwing Away Money Another mistake people make is throwing away cash. Of course, they don’t literally throw it away. But, they might as well. Oftentimes, people will make investments in things that they don’t need (additional front-end offers, or fancy websites) but sound “shiny” or “flashy” just because those things are ‘shiny’ or flashy. This obviously never ends optimally, since you end up with extra stuff you don’t need, and less money to buy the things you do need. This can end up being disastrous for business, and even your personal life if you really make a mistake. So, be sure to be smart about where your cash ends up, because once it’s gone, all you’ll have is a shiny thingabob that’s not going to help you succeed in the slightest.
  • 3. Learn more about the author: www.NateLeung.com/about Contact for more information: www.NateLeung.com/contact 3 Self-Fulfilling Failure Finally, if you consistently give into SOS, you’ll fail in business. This sounds harsh, but it’s true. Why? Simply because you won’t stick with any one plan long enough to see it succeed. Remember, persistence is key, but SOS is the antithesis of persistence. It drives you to do things on an impulse. Over time, this leads to your developing very bad habits that carry over to, and damage, your business. So be careful. In everyday life, be sure to be smart about your money, your plans, and your objectives, and keep your eye on the prize. The moment you stray, you lose, so get out there and keep this in mind today. Now it’s your turn! Have you ever fallen for the Shiny Object Syndrome? What have you done to stay focused with your opportunity and not let that slip away? Please leave your feedback in the comments section and I look forward to reading them!