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Progress can be slow
All businesses have flaws in plenty (including mine and yours and anyone else’s you know) and as owners and decision makers we should all be working to eliminate them so we can have a near perfect business that gives us the best opportunity to deliver to clients what we set out to deliver in the best possible manner. While eliminating the flaws you might think that nothing seems to be changing but with time you would see the results more clearly. Look at It this way: You have a jar full of 900 red marbles (flaws) and 100 blue marbles (things you do right). As you start replacing the red…
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Decisions need to make business sense
As the German retailer Kaufland decides to pull out of its expansion plans in Australia, its time for all business owners to remember that just because you have made a business decision and are so much advanced and invested in it, it doesn’t always mean you have to go through with it at any cost. If it doesn’t make business sense anymore, could be time to re-evaluate. Could be time to pull out and use your resources elsewhere. #business #smallbusiness #economy #growth #plan #resources
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Seek the changes that help your business and you would find them
Ever thought of buying a particular car and then all of a sudden you seem to see the same make of car on the road more than before or ever thought of buying a home and then all of a sudden you seem to notice a whole lot of for sale boards? This is obviously your mind playing games with you but how about you play games with your mind then? If you are going to look for faults in your business or people, you would find them in plenty. If you are looking for negative in situations, you would see a truck load of them. How about changing the…
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Just passion is not enough in business.
If you see any business for sale listings, you would note that the most common businesses for sale are cafes/restaurants, fitness related or hair salons and despite what the listing might say to sell them, they are just not sustainable in the economic sense. They are all businesses highly driven by passion but yet chances of them failing are more than any other sort of business. Passion is important in business but just passion doesn’t do nothing. You need to add the ingredient of business sense too there. #smallbusiness #business #passion