Small Business Strategy
Written by Admin on November 12th, 2008Strategy is important in running business as like the war. But achieving the goal in business doesn’t only need hard work but also needs smart mind set and good aptitude. Although we run a small business, but we should learn and implement tactic and strategy as big business players do. Tactic is for short-term-goal and strategy is for long-term-goal.
Below are some tips as part of small business strategy, the topic I like to discuss:
1. Create an open environment at your business. Let every person contribute the ideas. But the company does not depend on a group of individuals.
2. Take some experts from outside. And get young age staffs about 25 years old to learn from them.
3. Invest for business in the future and invest to search talents.
4. Do not be afraid to make mistakes. Always learn from mistakes and continue to improve yourself.
5. Create other strategies that sometimes contradict with other company’s strategies.
6. See the problem by different ways.
7. Change weakness in the company to be opportunities.
Positive Attitude For the Progress:
1. Be responsible to yourself, self-awareness, and God. Do not develop negative attitudes, although other people attack you up to personal level.
2. Always focus on the goal, not the obstacles. Once focus on the obstacles, you will lose the goal.
3. Always minded to the front, 10, 20 years later, and then make a plan.
4. Be confidence: always find ways to achieve the goal.
Management Style and Tips:
1. Walk like centipede with a thousand feet, so if some legs are broken, the company will continue to run without affected.
2. Business is always full of risks. Being successful or not depends on the ability to manage and reduce risks.
3. Know opportunities.
4. Always grow and consolidate at the same time.
5. You do not need a leader who say we will motivate you, but a leader that can bring your company to the success by science-based.
6. Lead with trust, love and by giving example.
7. Always ask yourself what can be done by employees to make opportunity in reality.
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