Notice that doing the work, managing projects, and supervising people aren't even on the list of what leaders do. Stewart, who began business in a modest store, and who, in the latter part of his life sold $20,000,000 worth of goods every year, declared that this plan was the keynote of his success. When drafting and evaluating potential mission and vision statements, ask if the opposite of a proposed statement is obviously undesirable. So plan to use purchased equipment for part of your collateral, but be ready to offer more.
Showing customers that you care about them and their results
If
you must tap
into savings to pay down your consumer debts, then do it. You
can choose where
to live in your home town or elsewhere and you have the freedom to organize your schedule almost entirely as you wish. Inform
them what you
propose to do. The
same might go
for a software startup that comes out with a new program just before Microsoft unveils a top-secret, long-term development effort to create something that does the same job for a lot less money.
Don't spend all your time planning
Either
do your website
right or don't waste your time. A
ledger shows the
numerous accounts and sub-accounts in which the business records receipts and expenditures - Sales, Salaries, Utilities, Rent, and so on. Or
do your people
constantly improve and try new and better ways to do things? You
wouldn't start a
construction project without a detailed set of working drawings or plans to build from.
Whats more Important? Health and Safety or Strategy
Your
liking for an
occupation is the advantage you have over those who do not like it. It
s also important
to maintain your credibility because you will probably need additional funding as your company grows. These
steps must be
identified and perfected as part of your management system. Ken
Olsen raised money
to start Digital Equipment Corporation with the help of a plan copied out of a textbook.
Produce consistent results in Customer Relationship Management
A
few years ago
science, as a factor in commerce, was little known and less appreciated. So
they start their
business and seek a better way to make a living. Most
hourly employees think
only a few hours ahead. In
general, a man
is fitted for the thing he likes.
In the midst of chaos, there is also opportunity
Business
ideas that no
one has ever thought of are rare. Some
entrepreneurs remain sole
practitioners forever. Go
to a class
or seminar on investing. The
reasons why Bill
Gates decided to start Microsoft may be vastly different from the reasons John Dough decided to buy his own pizza business.