Ultimately, what do you plan to do with your business?
One of the best pieces of business advice I ever received came from my mentor, Mr Jim Rohn. Jim used to say; “start with the end in mind!” In other words, know where you are going, before you get going.
Here’s the thing: Most small business owners I speak with (and I speak with them every day), have only a fuzzy picture of what they ultimately want to do with their business. Many have no real idea at all! With that lack of clarity, it’s impossible to make the right decisions, as all planning is done in the short or medium-term at best. Here’s why this can be a VERY costly mistake and how to avoid making it…
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I was in a friends restaurant yesterday, when he received a tele marketing call from one of the many salespeople, who target his industry with cold calls. The call was made during lunchtime, on a Friday afternoon – a VERY busy time for city-based restaurants; as they deal with not only a large volume of diners, but diners, who need to get back to work quickly.
Here’s why this is a VERY bad move…
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