What dragons are stopping you from taking the next step with your start up or emerging company? Are you stuck at a fork in the road on your way to success with your vision?
While individually working with over 2,000 entrepreneurs and start up company CEOs, I’ve noticed that, in many cases, one or more of a particular half-dozen deadly dragons can often stop a company in its tracks.
Which ones are blocking your personal path for your start up company right now?
- The Indecision Dragon – Closely related to the Overchoice Dragon, this brute keeps whispering “What if this and what if that…” which keeps you from making key decisions and making progress. Yogi Berra, the New York Yankee philosopher, said, “When you come to a fork in the road, take it.” What are the top dozen genuine pivot points for your company right this minute? What do you need to know today to make a decision on each – and cross each one off the list as completed? What do you finally need to know to get past that fork in the road? Remember: No decision IS a decision – one that can affect all future decisions, choices, direction and timetables. Don’t lose by default. (more…)
Posted: July 31st, 2008 under Business Plans, Dragons - Personnel, Dragons - Revenues, Dragons - Start Up, Entrepreneurs, Start Up Companies. Tags: action list, brainstorming, Business Plans, cash flow, CEO, dollar, dragons, entrepreneur, expertise, fork in the road, implementation, indecision, lonely at the top, mentoring, new company, no decision is a decision, perfection, procrastination, puzzle pieces, reality, Robert Goodman, Robert Lee Goodman, start up, start up company, start up company mentoring, startup, time, yogi berra
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As an entrepreneur with your business plan in hand, what are the two top priorities you have on every day’s action list as you start up your start up company?
Starting and running a company can be overwhelming. Endless new action items seem to appear magically on your To Do List as you day develops – with all of them either whispering or screaming to be your top priority. And, when the day is done, it often seems that one or more of those unanticipated priorities won – and the most important action items you originally had on your list when you walked into your office this morning did not get done – again.
So, how is an entrepreneur to decide on their priorities – especially when there is so much that needs to be done? The answer is surprisingly easy. (more…)
Posted: April 26th, 2008 under Business Plans, Dragons - Revenues, Entrepreneurs, Start Up Companies. Tags: break even, business plan, cash balance, cash flow, customers, Entrepreneurs, Forecasting Sales For A Start Up Company, marketing costs, operating costs, personnel, priorities, revenues, sales, sales forecast, start up, startup costs
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