Business Mistakes

Business MistakesMistakes in business happen to all entities regardless of their size. How these mistakes are dealt with, or even anticipated is different in any situation but those that can anticipate problems are much better off. Those that do not want to face the challenge have the following behaviours:

  • Assume it will always get better as it always has in the past.
  • Its not as bad as it seems.
  • This is just a temporary situation.
  • Everyone else is experiencing the same.

In contrast, those businesses that do act and use their initiative when facing challenges exhibit the following behaviours:

  • Insist on the facts.
  • Move quickly.
  • Take the longer path.
  • Focus on the customer value.
  • Stay at it.


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