Key Success Principles For All Entrepreneurs With An Eye On The Future And Their Pocketbook
As an entrepreneur, your job is very detailed. You need to be the creative one. You need to be the boss. You need to hold the vision of your business at the head of each and every thing that you do for that business. But, today isn’t everything.
As a business owner, you must remember the fact that the long term goals and process of your business can only happen if you plan for it now, not in the day.
You have probably heard people tell you that you need to; “Live in the day!” As an entrepreneur, this is not possible and should not be the way that you hold your business agenda.
But, why not?
Most of the time, we would like to think that all we really need to do is to put together a plan and hold onto it. Somehow, things will fall into place. It has to. That’s all it can do.
Yet, from a business standpoint, there is much more to think about.
For example, you may have employees that need the funds that come from your business for their day to day expenses.
You may need to take into consideration the overall benefits that you have in keeping your business going. What about your assets? Will they make it through the process? How about your cash flow? What will happen if something does go wrong?
All of these things are really only the tip of the iceberg when it comes to ruining a business in the long term. The bottom line is that you need to consider what your business will be like today as well as ten, twenty and more years down the road.
Think About This
Before we get started, it is essential that you understand two concepts of your business dealings. When you make a decision in your business, ask yourself these questions first and foremost.
- When I make this decision, what is the short term and immediate effects of doing so? How does this affect my business today?
- When I make this decision, what is the long term effect of making this choice? How will this decision affect my business months and years from now?
When you take the time to carefully consider decisions that happen in front of you, you put yourself in charge of your destiny.
If you allow the cards to fall where they may, you may not be in business six months from now. Therefore, as you work through this e-book, ask yourself what steps you can take right now that will better your overall business in the short and the long term.
Of course, we should mention that there is never a for sure way to know what the future holds. There is no way to know if you are really making the right decision or not. But, what you have to do here is to insure that you give tomorrow the best possible chance that you can.
Don’t let it just happen, make today count for tomorrow and tomorrow’s tomorrow too.
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