Welcome to September! Two thirds of the year gone and likely only ninety days left to submit loans that will close this year!!! Yes, I said ninety days left to submit loans that will close this year! So check your numbers and see where you need to be and how much you have left to do to make your numbers for 2016.
What I wanted to share with you this week is the topic of vacations. Many in our industry really don’t take a proper approach to vacations, or don’t bother to take them at all! It amazes me to think about how much people are missing by not engaging a proper vacation schedule. I’m serious! If you don’t think long and hard about vacation time and plan for it, you are missing out on the better things our business can provide for us.
Working with my clients, I try to be sure they schedule some kind of time off a minimum of four times a year. In fact, you should always have one or two vacations on your schedule at all times! Vacations give you the opportunity to enjoy life and to unwind from what can be a very stressful occupation at times. It also provides you targets to work toward and to plan for. As most people know, much of the fun of a vacation is in the planning of it.
There are three types of vacations as far as I am concerned. The “working vacation”, these are when you go away but remain somewhat connected to the work by checking messages and returning calls a couple of times a day. This means you change your voice mail message to confirm your limited availability and the times you will return calls. This should never be more than three times a day, and never more than ten minutes or so at each session.
The second type is the short disconnected vacation. This is anywhere from a long weekend to a week where you unplug completely and trust those covering for you to handle the work. No cheating! Just go away and play and let those you trust follow the plan! These types of vacations should be two to three times a year, and when I say disconnected, I mean disconnected! You have to give your brain and your body time away from the work so it can relax and rejuvenate itself.
The third kind of vacation is the Major Vacation. This is when you are gone two weeks or longer, possibly leave the country, and unplug doing a “bucket list” adventure! Once again, you leave your team in charge to handle your business so you can disconnect and enjoy a milestone adventure! If you aren’t planning and scheduling a “Bucket List Vacation” at least every two to three years, you are denying yourself the time and opportunity to do something great!
Vacations not only provide time to enjoy the fruits of your labor; but they help keep you motivated. They also do a great job of forcing you to adopt quality systems and procedures so the people you are leaving your business too, can easily follow what is going on and what has to be done and when! It also creates focus. You have to “catch up” on loose ends before you leave. Often the most productive people are, are right before they go on vacation!
The other benefit is you always have something to look forward too! I myself know the value in always having my next vacation or two on my schedule. In fact, as you are reading this blog post my wife and I are on vacation! See, you didn’t even know! My blog post was done in advance and set to publish on Thursday September 1st! Planning, scheduling, and proper systems make it work. In fact, we have a “Bucket List Vacation” already scheduled for next May, a working vacation in November and February! Again, because if it isn’t scheduled, it likely won’t happen!
Nobody ever lies on their deathbed and wishes they had worked more or spent more time at the office! People grow older, as I am, and realize the time is very finite and if you wait too long, you may never do the things you had always intended on doing. And what happens if I do all the things I had on my bucket list and still have time? Well, I will go back and do the really fun things over and over and over again!
So take some time and get focused on planning and scheduling your time off. Put the systems in place and find the people to take care of things for you. If you have a team, they can step up and deliver on your system. If you are a lone originator (as opposed to a Loan Originator), you can work with others in your office and see about covering for each other when vacations come up.
Schedule, plan, and enjoy your vacation time! You have earned it!
Questions or comments: Mike@IMTcoaching.com or visit us online at http://imtcoaching.com