10Apr
Many times people can get ahead of themselves when it comes to their business. I’ll use a sports example to illustrate what I’m talking about. Often teams will look past a current opponent and become focused on the next team they have to play instead of the team coming up. The Cowboys did that a couple of weeks ago in football. They had the Rams coming up and because the Rams have been getting killed all season the Cowboys figured they’d run right over them. The Cowboys were looking past them because they weren’t seen as a challenge. The end result was that the woeful Rams ran over the Cowboys.
The same thing happens in business. The focus is pulled off of what the core business product or service is because the company starts looking to future products and services instead of focusing on the things that have got them as far as they are. Yes you want to develop new things and being innovative is important but you can’t look beyond today for tomorrow you may accidentally destroy what you have because your focus is diverted. I’ve made that kind of mistake in the past and paid a hefty price for doing so. So remember to stay focused on today more than on tomorrow.
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Tags: Business Growth, Entrepreneurship, Freelance Work, Leadership, Leading Your Business, Management, Motivational, Staying Focused
03Feb
As you all know by now I’ve been co-hosting a regular BlogTalkRadio Show each week with Business Coach and SmallBusinessDelivered.com author Steve Smith. Well last week our topic of conversation was Strategic Vision in Small Businesses. This was an especially interesting topic because most small business owners do not truly know what it is they want their business to become.
I mean think about it for a moment. Yes you have a business and it probably consumes most of your waking moments. And maybe just maybe you’ve taken the time to write a business plan for it. But in that business plan did you ever actually ask yourself the question “What Do You Want Your Business To Become”? Think about this for a minute. Don’t just worry about the day to day affairs of running your company. For those wondering what I am talking about I’ll give you an easy example. Say you own one conveniance store. Now ask yourself what you hope that conveinance store will become in ten years. Will you build up a chain of them where you live. Maybe go national, or create a franchise. Or maybe you’re just hoping to cash out one day. What is your strategic vision. What do you hope your business will become?
As I build up www.SmallBusinessDelivered.com I constantly ask myself this question all the time. And the answer does change sometimes at least a little. Some strategic visions are constantly being modified as you learn more about the business you are in and what you can potentially accomplish. Keep this thought in the back of your head and at some point take a moment to consider the question. You may be surprised by the answer you come up with.
To check out our show on Strategic visions just follow the link BlogTalkRadio Show.
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Tags: Business Growth, Business Planning, strategic plan. business plan, strategic vision
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