Posts Tagged ‘opportunity’

Way Too Many Options

If you want to keep your business sanity make sure you don’t have too many options. Yes, you may like to have options but too many can be paralyzing. Read the rest of this entry »

Share

Repetition Can Blind You to the Obvious

Like it or not, every business has things that need to be done over and over. Despite the necessity, this repetition can blind you to the obvious. Think about it. When something is repeated enough there is a tendency to operate on autopilot, and when we do that it is easy to Read the rest of this entry »

Share

Stop Learning at Your Own Peril

Learning is a never-ending endeavor. Either your deliberately learn or you stop learning at your own peril. In the blog Be Willing to Experiment I discussed the important of accepting that change occurs and being the catalyst for the change we desire. Continuous learning is part of the process of being a catalyst for favorable change. Read the rest of this entry »

Share

Be Willing to Entertain What Seems Impossible

Sometimes we can find ourselves wondering if something is even possible. Well, try to be willing to entertain what seems impossible as a way to get unstuck. Read the rest of this entry »

Share

What Can You Change?

Some things you cannot change no matter how much you want. For example, as of the first of 2014 incandescent light bulbs are for all practical purposes finished in the U.S. Sure, some people have a few they already bought and the stores are allowed to sell what they have in stock, but then that it. For all practical purposes, this is one of those things you cannot change.

Change What Needs Changing

Too often we get caught up in fretting about something we wish Read the rest of this entry »

Share

Surviving Change

Change is one of things we seem to either love or hate. Listen to some of these phrases about change. The Times They Are a-Changin (song by Bob Dylan), “Change or Die”, “The Only Thing That Is Constant Is Change.” (Quote by Heraclitus, Greek Philosopher), and “Money and success don’t change people; they merely amplify what is already there” (Quote by Will Smith). Obviously these are just a few statements about change, but they do illustrate four important things about change.

  1. Change inevitable, so embrace it (See Change or Become Irrelevant)
  2. Change is essential (see We’re Making Money – So Why Change?)
  3. Change is continuous (See Ready for Some Change?)
  4. Change test our character (See The High Price of Integrity)

Change is Inevitable

There is a humorous quote by Albert Einstein that says Read the rest of this entry »

Share

Business Plan Framework

My last posting, The Flexible Business Plan, discussed the benefits of having a simple business plan that easily modified rather than a complex and detailed plan. Let’s now take a look at a way to do this.

A Little Anatomy

As you certainly know, a doctor doesn’t just study the outside of a human body. They need to know what is inside, including the skeletal framework on which everything hangs. Artists do the same thing when they study anatomy to understand how the skeletal structure impacts appearance of the rest of the body. With that understanding the artist is able to more accurately depict the human form.

A business plan has a skeleton as well that I refer to as Read the rest of this entry »

Share

The Flexible Business Plan

Things change faster now than ever, and that includes business. Is it time to rethink that complicated business plan?

Some Background

In another post called The Business Plan – Hold On to the Napkin we looked at some of the reasons a simple business plan that can essentially fit on a napkin may prove more useful in the long run than a detailed and complex plan. Again, this is not to say that the detailed plan does not have a place, but it is to say that often it is overkill.

Why a Flexible Plan?

Since things change so often, if the only thing your company has is a long, detailed plan you may find it Read the rest of this entry »

Share

Be Different

Commonality

There is without a doubt great benefit to having standards by which we operate and behave in both our business and personal lives. Without this nobody knows what to expect out of us. This should be pretty consistent. But there is an unannounced danger as well.

Blindly Following

The picture below reminds me of the story called the Pied Piper of Hamelin. As you will recall in the story the pied piper is hired to use his magic pipe to lead the rats out of the town. When the people refuse to pay him, he uses the same magic pipe to lure their children out of town. While this is just a story, it does illustrate a danger to commonality.

blindly-following

Just like the children in the story, in business and personal life we often automatically, as they say, Read the rest of this entry »

Share

Perfect is a Roadblock

Have you ever been working on something and continued to feel it needed just a little more work before you released it to others? Perfect can be a problem. For starters, you can always find something that can be improved, and if you wait to have it perfect you will create a roadblock to accomplishing your goals.

The Reality

Imagine you are involved in creating a new product, service, or even an entire company. After working diligently for months you finally have what you think is pure perfection. It’s not, and as soon as you turn the product, service, or company loose on the public the game is over; well at least the game you are Read the rest of this entry »

Share

Enter your email address:

Delivered by FeedBurner