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Casual Articles - Entrepreneurial Inertia
Why is listening so difficult, and what can we do about it? Why do"rumors and hearsay continue, and how do we stop them? The first step is to uncover the root of these problems, which in turn will provide some
Soon we become “experts” in our field. We’ve achieved success. We know all there i
Why is the Federal Trade Commission harassing the Franchising Industry? Their new rulemaking ploy to gain notoriety and status is obviously another agency attempt to spotlight themselves in the media to look l
Every business starts out entrepreneurial. Hungry and eager, innovative, open-minded and resourceful, all of its attention focused on finding and keeping customers.
Things start to happen and the business begins to grow.
Meanwhile, something sinister begins to occur. Slowly, subtly and insidiously, the anti-entrepreneurial inertia begins to creep in.
As the business continues to grow, we take on more and more responsibility. We hire other people, who now need to be managed. We establish policies and procedures, routines, and rituals as part of our success strategy.
Our focus has begun to shift. Without realizing it, we’ve grown a little less curious, a little less open-minded and a little less attentive to the needs of our customers.
Soon we become “experts” in our field. We’ve achieved success. We know all there is
What would it take to make your business fail? What conditions could precipitate and sustain “the spiral of death”? What would complete financial collapse really look like? If your primary competitor acquired
Things start to happen and the business begins to grow.
Meanwhile, something sinister begins to occur. Slowly, subtly and insidiously, the anti-entrepreneurial inertia begins to creep in.
As the business continues to grow, we take on more and more responsibility. We hire other people, who now need to be managed. We establish policies and procedures, routines, and rituals as part of our success strategy.
Our focus has begun to shift. Without realizing it, we’ve grown a little less curious, a little less open-minded and a little less attentive to the needs of our customers.
Soon we become “experts” in our field. We’ve achieved success. We know all there i
There are many events outside of the workplace that can negatively impact workplace productivity. A major holiday and major sporting events (like the Super Bowl, World Cup or NCAA Basketball Tournament) are a
As the business continues to grow, we take on more and more responsibility. We hire other people, who now need to be managed. We establish policies and procedures, routines, and rituals as part of our success strategy.
Our focus has begun to shift. Without realizing it, we’ve grown a little less curious, a little less open-minded and a little less attentive to the needs of our customers.
Soon we become “experts” in our field. We’ve achieved success. We know all there i
A chart of accounts is defined as a list of accounts used to categorize the financial transactions of a business. But if set up with thought it can be one of your most useful tools in analyzing your business.
Our focus has begun to shift. Without realizing it, we’ve grown a little less curious, a little less open-minded and a little less attentive to the needs of our customers.
Soon we become “experts” in our field. We’ve achieved success. We know all there i
The subconscious mind is a very powerful thing. If you have a negative or lazy attitude about you, then you will have no choice but to be negative or lazy. If you mope around and complain then you will achiev
Soon we become “experts” in our field. We’ve achieved success. We know all there is to know about our particular field of endeavor. We’ve established an identity or a culture within our organization.
Without realizing it, we’ve lost our entrepreneurial zeal. We’ve grown less open minded, now focused on protecting what we have rather than scouting the horizon, looking for what we don’t.
We stop listening. We stop learning. We ignore or deny the changes that are occurring all around us. (Think Maxwell House vs. Starbucks)
Without realizing it we’ve moved to the other end of the spectrum. Without realizing it we’ve become complacent.
Without realizing it we’ve created an opportunity for the next eager and innovative, open-minded entrepreneur.
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