This month we are running with a great series of TOP 10 tips for your business survival for the traditional break, and on into the New Year.
Business Tip for Christmas No 4:
I ~ INSIGHT
IN PEACE, PREPARE FOR WAR
IN WAR, PREPARE FOR PEACE
This very simple message was missed by many during the boom decade in Ireland of 1996–2006. Those in business must realise the importance of vision, enthusiasm and planning.
Yet many of us fail to visualise where our business will be in 5 years, and allow external factors to guide us. The problem right there is if we only allow economic, political or other external factors to guide our business, then we fall when those factors fall.
Fail to plan is a plan for fail
Many of us fail to plan, because that takes from “business” time. So when our short-term plan runs out, there is a void, and voids become vacuums, sucking the life from our business. Hindsight does not supersede insight.
Similarly, if we don’t keep a check on our enthusiasm for our business, then we are just “going through the ropes”, and we can be the last person to notice that the fire has left the belly.
So what does Tzu’s statement mean for us? When things are going well, plan for the next downfall (because by default it will happen). When things are not going well, plan for the next rise (because by default it will happen). Peace and war is cyclical. Booms and recessions are cyclical.
Your Business Relationship
Similar to any relationship, we need to work on ours with our business inwardly, to safeguard it outwardly. Allow insight to play its part in helping us dream, plan, and taking action.
Be kind to yourself and your business, and come back tomorrow to read Step 5 of our Top 10 Business Tips for Christmas.
Meanwhile, if you find yourself struggling with being an entrepreneur, consider reading “Fire in the Belly” or “Chutzpah”, two great books by a great guy, Yanky Fachler. If you are struggling with vision or planning for your business, consider a Business Coach to get back on the right track.