These four questions can prevent your Titanic idea from hitting an iceberg.
Tagged: business strategy
Startups and small businesses are at greater risk for competitive failure than large businesses. They have no “fat” to cushion a competitive threat or to recover from a serious blunder.
Everyone who works closely with business owners will tell you they’re a business strategist. Usually, it means, “I know a lot of business-type stuff’, but not necessarily a thing about business strategy.”
Business coaches are hot right now and the entrepreneurial world is buzzing about it.
If you’re ready to develop business sustainability consider these four pillars:
When other entrepreneurs have stated that they can’t afford a business coach, I ask them to think about whether they can afford not to have one.
Starting a business and starting a successful business are two different things—and there’s one key ingredient you will need before you ever start building a company website or designing a product.
When it comes to competition: you can’t live with them … and well – you can, however, live without them.
When any of these symptoms begin to be a normal part of your company’s meetings you need to be diligent and accept that you may need to pivot, even your core business model.
Solo entrepreneurship. There’s no such thing. Business doesn’t happen in a bubble. And hustling. It is not the path to a sustainable business.