How often do you get it right in your business? Everyday a business owner is challenged to “get it right” on a multitude of decisions. Each decision involves having the ready knowledge of a variety of subjects. You not only must have the right information, but you are expected to make the right decision every time. I would suggest that we are holding ourselves as a business decision maker to an impossible standard. Once we have done that then the pressure to “get it right” every time overwhelms us and typically poor decisions follow.
My answer to this dilemma is to narrow down the areas of decision where we expect ourselves to “get it right”, at least most of the time. Select the most important areas of the business and aim to stay on top of the current information available on those areas. Also, you need to seek to understand how those areas directly impact your business. Once you have determined what these areas are then you simply use your strengths and strengthen your weaknesses to the point your decisions in these areas get it right most of the time.
In small businesses arena, I believe there are many areas that every business owner needs to make sure they are well versed in to achieve success in their business. The first one is to constantly look and be open to new opportunities. These opportunities can be both small and large. It not just the next great idea that you are looking for but ideas and opportunities that may be small but if implemented have a positive impact on your business. The key here is to stay ‘open minded’ to any information that comes your way that may help your business be more successful.
If you would like to learn more about how “Get It Right”, then please tune into The Weekly Business Hour broadcast this Monday July 17th from 11:00am – 12:00pm on Lone Star Community Radio. You can listen live at www.irlonestar.com , on the Lone Star mobile app or FM 104.5 and FM 106.1; or you can tune into the podcast after Wednesday July 19th by going to The Weekly Business Hour page on www.irlonestar.com or on Facebook to The Weekly Business Hour page: https://www.facebook.com/theweeklybusinesshour.