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BE FOCUSED ON YOUR BUSINESS
Take inventory of where you have strengths in the market as well as where you are weak and vulnerable.
Are you laser focused or are you a multi-tasker? Being a multi-tasker in running your business may create problems. However, if you stay focused and stay sharp on the things necessary to grow and change you will achieve the best results.
Sometimes we get lazy and in a rut. We stop seeing the big picture. Maybe our business has had years of successful sales and profits. Since the business is still making money and continuing to operate the reasoning is, if it’s not broke don’t fix it. Eventually, the business could reach a stage on leveling off or declining sales or profits. Maybe there are changes in the industry or in the economy. To remain successful, the business owner must refocus. Here are five essentials for refocusing.
1. Make sure you know what business you are in. If you make cell phones do you provide smart phones, or do you create facilitated mobile communication? If you run a civil engineering company do you create road designs, or do you help municipalities solve their transportation problems? If you are in real ... more
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