We all have rules we live by most of which are unwritten rules, the same principle applies in business. We start out with ambitious business strategies to take the world by storm. We put most of this information down in a business plan and edit as we go. But do we actually look back after a while and ask ourselves “is it time to change the rules”?
Business development needs flexibility. The world economics is always changing and sometimes we can be stuck with business ideas and plans that work against us. Even though our business requires structure, we need to adapt a flexibility mode as we grow.
Tip: Do not cast your business rules in stone rather be open-minded about the endless possibilities of your business idea.
For example: If you set out to meet the needs of mothers with young kids and you get more enquiries from fathers with young kids, you need to ask yourself if it is time to change the rules.
Emotions can get in the way of your business idea, so be careful how you analyze your aims and objectives. Yes, I know your business dream is to always meet the needs of moms with young kids but if the market doesn’t make that demand on you, you might need to change the rules.
I started out with Business First Steps from a very different platform. I have an idea of what I wanted to do, but could not grasp the full picture at the time. As I progressed in business, I found out soon enough that some rules had to be broken. Yes my ideas in the beginning seemed great, but holding on to them will do my business more harm than good. Emotions had to give way to common sense and good reasoning for my business to grow.
If you have your business aims and objectives written down, now is a good time to revisit them and align them with the reality of your business operations.
If your aim and objectives are in your head, please take time out this month to write them down and post them somewhere conspicuous so you can see them every day. This will help your business tremendously as you will know when it is time to change the rules.
I wish you good success
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