Putting up a business is a milestone.
However, it does not end there, and there are still many ways to consider after the business has been put up, much like giving birth to a child—the challenges do not end just because you have helped create such a wonderful miracle. You have to nurture the child until he grows into becoming a responsible and independent individual. The test is not in bringing him into this world, but making sure he grows up to be a good person.
In business, like raising an offspring, you will meet challenges that will test your tenacity and endurance and since you want to succeed (like wanting to become a better role model and a parent), you will do everything you can to make sure the business survives. There are thousands of ways to manage it, to make it grow and in each way, you’d arrive at a different outcome until you find one that perfectly fits.
How do you do that? Entrepreneur.com has the answer for us. Read on below and find out.
Any comments? Please leave them in the comment section.
5 Ways to Help Your Business Survive Its Adolescence
So, how do you “raise” your company right? Here are some ways to navigate this tumultuous era so your business comes out smart and successful on the other side:
- Unleash your inner rebel.
A lot of well-intentioned people will offer you advice on how to run your company, but you sometimes need to go against the grain.
- Resist the urge to micromanage.
So, instead of setting one-size-fits-all policies, manage your team members in a way that brings out their best.
- Don’t fall in love too quickly.
High school is full of romantic encounters, and prospective business partnerships are a lot like your first crush.
- Accept failure.
Successful entrepreneurs take knowledge and experience from their failures to perform better the next time around.
- Focus on the future.
When you hit an obstacle, don’t dwell on the negatives. Find the solutions, learn from the situation and move on.
–by Daniel Wesley
To read the full article, please go to Entrepreneur.com.