The Best Decisions
- Setting realistic time plans
- Having a business plan
- Deciding to work with people
- Remaining focused on your goals
- Continuing to study
- Quit your job and start your own business
- Having systems in place - saving yourself time and money and energy
- Having confidence in yourself
- Having a concept, believing in it and running with it
- Leaving the city
- Networking
- Persistence
- Remain determined
- Stick with your networking
- Accepting differences
- Volunteering for the community
- Using mentors
- Support each other
- Australia
- Leave the airline industry
- Taking time off other things to spend time on your things - i.e. your business
- Reboot my business
- Rationalise my business
- Reduce the clutter
- Turn hobby into business
- Do what you love
- Ask people for help
- Improving things by doing them again
- Hiring good people
- Action cures fears - Just Do It!
- Professional help in specialist areas (you don't need to do everything yourself) - Marketing, HR, Accounting/Money, IT Systems
- Believe in what you do
- Recognising when/if you have enough information to make an informed decision
- Getting rid of bad clients
The Worst Decisions
- Telling the boss they are a bozo!
- Liquid lunch before an important meeting
- Delaying training
- Procrastination - delaying decisions, not doing the hard stuff, eating the frog
- Not understanding or knowing finances
- No reference checks
- Not investing in the right equipment - if you need it and it will help, then get it
- No goals, plans or strategies
- Not knowing the resources
- Not trusting your instincts
- Not using your mentors
- Not sticking to your plan without thinking hard about the consequences
- Not asking for help if you need it
- Not maintaining a work/life balance
- Losing opportunities
- Lending money (unless you're a bank!)
- Trying to do things alone - being a one man band
- Becoming too focused on details and losing sight of the big picture
- Not being organised enough
- Ignoring cash flows
- Focusing too much on the product and forgetting about marketing
- Not following your instincts and letting others direct the business
|
|