Chase Future Growth
Always have one eye to the future in a business.
Day to day management is crucial in the early days of a business, but you must take time to plan for the future. This is a common mistake. Set aside time every month to look to the future.
Try to visualize the business one year out, 5 years and even longer. Take that and put a plan in place to get you there.
Be very alert to opportunities but don’t waste time or get distracted. Only focus on the ones that are worth it.
Analyze market and competitor trends so you can shape your business for the future. Your business must move with the changes not react to them.
Listen to customers and encourage feedback. They will help you see where to grow.
Invest in technology if you can afford it.