Why Most Business Owners Don't Spend Enough Time Thinking
Insights from the coaching room
Ask most business owners what they've done today and they'll probably have a long answer.
Emails answered.
Customers spoken to.
Problems resolved.
Meetings attended.
Quotes reviewed.
Staff questions answered.
Decisions made.
Ask them how much time they've spent simply thinking about the business, and the answer is often very different.
For many, it's almost none.
And I think that's a problem.
Because as a business grows, one of the owner's most valuable contributions isn't doing more.
It's creating enough space to think.
Being Busy Feels Productive
There's something satisfying about getting things done.
An email disappears from the inbox.
A problem gets resolved.
A customer gets an answer.
Something gets crossed off the list.
Thinking doesn't provide the same immediate reward.
You can spend an hour considering where the business needs to be in three years and finish with nothing tangible to show for it.
No emails sent.
No jobs completed.
No invoices raised.
Nothing crossed off.
And yet that hour may ultimately be considerably more valuable than the previous eight.
That's one of the paradoxes of running a business.
The most valuable work doesn't always look like work.
Your Business Will Happily Consume Every Hour You Give It
I don't think I've ever met an established business owner who genuinely had nothing to do.
There's always something.
And if you finish everything on today's list, tomorrow's list is waiting.
That's why saying:
"I'll think about strategy when things calm down."
rarely works.
Things don't calm down.
The business simply finds something else for you to do.
If thinking time isn't deliberately protected, operational activity will consume it.
Every time.
The Bigger the Business, the More This Matters
In the early days of a business, the owner often creates value by doing.
Selling.
Delivering.
Quoting.
Fixing.
Chasing.
Their productivity directly affects the productivity of the business.
But something has to change as the business grows.
If you have 20 people working for you, improving your own personal productivity by 10% has a limited impact.
Making one decision that enables those 20 people to become 10% more effective is something else entirely.
Your leverage has changed.
Unfortunately, many owners haven't changed with it.
They're still measuring a successful day by how much they personally got done.
One of the Things I Notice in Coaching
Sometimes I'll ask a client a relatively straightforward question:
"Where do you actually want this business to be in three years?"
And there's a long pause.
Not because they don't care.
Not because they lack ambition.
They simply haven't thought about it recently.
They've been too busy running the business they have to think properly about the business they're trying to build.
Interestingly, once we create the space, the answers often start coming.
That's one of the values of coaching that can be difficult to quantify.
Sometimes it's not that the coach has the answer.
It's that, for perhaps the first time that month, the business owner has stopped long enough to find their own.
Thinking Is Not the Same as Worrying
This distinction matters.
Business owners spend plenty of time thinking about their businesses.
At 3am.
In the shower.
Driving home.
On holiday.
That's rarely quality thinking.
It's usually reacting mentally to unresolved problems.
Proper thinking is deliberate.
It has a purpose.
It might mean asking:
- Where is our profit really coming from?
- What are we doing today that we shouldn't still be doing in twelve months?
- Where are we too dependent on one person?
- Which part of the business isn't scaling?
- What would I change if I were buying this business today?
- What opportunity are we not pursuing because we're too busy?
- What am I tolerating that needs addressing?
Those aren't operational questions.
They're owner questions.
And someone needs to be asking them.
Don't Confuse Thinking With Planning
Planning is important.
But thinking comes first.
A beautifully detailed plan aimed at the wrong destination isn't particularly useful.
Before deciding what you're going to do, you need space to consider:
Why are we doing it?
Should we be doing it at all?
What are we trying to achieve?
Has anything changed?
Is there a better way?
Some businesses become exceptionally efficient at doing things they shouldn't be doing.
The Diary Tells the Truth
I've sometimes asked business owners who tell me they want to become more strategic to show me their diary.
It's an interesting exercise.
Because if your diary contains:
Customer meetings.
Operational meetings.
Site visits.
Quote reviews.
Emails.
Recruitment interviews.
Problem-solving.
...but absolutely no protected time to think about the future of the business, then strategy isn't actually a priority.
It may be an aspiration.
But your diary tells a different story.
We make time for the things we genuinely prioritise.
Put Thinking in the Diary
This doesn't require disappearing to a country hotel for two days with a leather notebook.
Start with an hour.
No email.
No phone.
No Teams.
No interruptions.
And ideally, don't sit at your normal desk.
Take one meaningful question with you.
Not ten.
One.
For example:
"What's the biggest constraint on our growth right now?"
Then think.
Write.
Challenge your first answer.
Ask why.
Look at the numbers.
And resist the temptation to immediately start doing something.
You may be surprised by what emerges.
There Is a Difference Between a £20 Decision and a £200,000 Decision
One of the dangers of being permanently operational is that every decision starts receiving roughly the same amount of attention.
An employee needs approval to buy something for £20.
Five minutes.
A customer query.
Ten minutes.
A scheduling problem.
Twenty minutes.
Then the owner has to make a decision that could influence £200,000 of future profit...
And they squeeze it between two meetings.
The highest-value decisions in your business deserve the highest-quality thinking.
Yet they're often made with whatever mental capacity happens to be left.
A Practical Exercise
Look at your diary for the last four weeks.
Identify how much time you've spent:
Running the business.
Then identify how much time you've spent:
Thinking about the business.
Be strict.
Management meetings don't automatically count.
Neither does driving while returning phone calls.
Now ask yourself:
Does the balance reflect the role I need to play in the business today?
And perhaps more importantly:
Does it reflect the role I'll need to play if the business reaches the next stage?
If not, something needs to change.
The Real Truth
As businesses grow, the owner's job has to evolve.
Your value increasingly comes not from answering every question...
But from asking the questions nobody else is asking.
Not from solving today's problem...
But from identifying tomorrow's.
Not from being busier...
But from seeing what everybody else is too busy to see.
That requires space.
Final Thought
Thinking isn't what you do when you've finished your work.
Thinking is part of your work.
If you're responsible for the direction of the business, protecting time to step away from its day-to-day demands isn't self-indulgent.
It's part of the job.
Because sometimes the most productive thing a business owner can do...
Is nothing.
Except think.
ActionCOACH Hastings, The Old School, High Street, Frant, TN3 9DT
01892 234200 info-hastings@actioncoach.co.uk