Lies That Hold You Back

Step #1 To Build a Great Business

Beliefs are not all facts/truths - and there are many about business that are simply lies and they are holding you back.

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"What everyone knows to be true often turns out to be wrong."

- Jim Rogers, Investor

Which of the following can you identify as beliefs you hold as true today? Circle them:

To have a great business you must:

• Have an Annual Forecast
• Develop an Annual Expense Budget
• To Increase Profits - the only way is Cut Expenses and/or Raise Prices
• Manage our People better
• Answer questions with an open door
• We are a Family, I'm responsible for a stable, affordable team
• Recruit only when I need someone
• Staff meetings are the only way to ensure executing ideas and solutions
• I can't find good people
• I can't afford to pay for great people
• Focus on avoiding taxes
• Survive, do a little better, use your experience to set expectations 
• Goals, values, vision etc. are all soft stuff that my people don't care about
• Marketing doesn't work or at least I don't know if it does
• I just need to get my "name out there" more
• Planning - no time and it is of little value
• Putting out fires and answering questions is all I have time for

 

These beliefs are common knowledge, right? Wrong. They hold you back - I see it every day. In this series of blog posts we will dispel each one and offer a proven best practice to replace them with.