“Do not work harder when the solution is working smarter.”  ~ Tim Ferris

We’ve all heard this phrase, but as with so many things in life, knowing and actually applying that knowledge can be two different things. There are countless versions of this story, but I’ll share one to illustrate what I’m talking about.

Several years ago, I was engaged in a conversation with friends from out of state. High-caliber, intelligent, responsible people, yet frustrated and unhappy. Both are topped out with the income they can make at their current jobs. They live in a high-end home, drive upscale cars, and in general, don’t deny themselves. After several discussions one evening about not having or making enough money, they proceeded to comment on how they’re getting ready to replace all of their furniture (I’m proud to say I kept my pie hole shut). However, I wanted to scream, “When you’re in a hole, stop digging!” They either need to find a way to make more money or cut back on lifestyle. Self-medicating by purchasing more stuff will only add to the current pain level. We have all done some version of this whether it’s relationships, business, or investments. We’ve all brought additional pain into our lives because we refused to simply stop digging. 

When something is not working, don’t mindlessly keep doing more of the same. If something’s not working, learn to step back and take an objective look at your options. Don’t needlessly waste months, years, or even decades. Sometimes, it’s a simple shift in strategies or a modification in your philosophy. Bottom line: if what you’re doing is not working and you find yourself in a hole, then learn to stop digging and start thinking.

“As to methods, there may be a million and then some, but principles are few. The man who grasps principles can successfully select his own methods. The man who tries methods, ignoring principles, is sure to have trouble.”  ~ Emerson