The Australian Small Business Blog

Tuesday, March 17, 2009

Business Tip #1: Taking Action



When people plan some business activity, they, of course, want it to work. However, there is such a thing as overplanning. It is impossible to predict everything that will happen. While we might like to achieve perfection in what we do, this is business, not art! Comprompises must be made. The 80/20 rule should be applied.

After a while, pursuit of perfection just becomes procrastination.

Because we can never be sure how our market will react to what we do, we must, at some point take the plunge. We can always adjust later. So it is:

Ready-Aim-Fire-Adjust your Aim-Fire some more.

If we are unsure, we can always run a pilot, but in the end, it is more important to get it done than get it right.

Completion is more imortant than perfection.

May Your Business Be – As You Plan It!

Dr Greg Chapman

Over to You. What do You Think? Post Your Comments Below.

Dr Greg Chapman is the Director of Empower Business Solutions and The Australian Business Coaching Club and is Australia's Leading Advisor on Emerging Businesses and provides Coaching and Consulting advice to Australian Small Business Owners in Marketing & Business Strategies Planning & Systems. He is also the author of The Five Pillars of Guaranteed Business Success.

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1 comment :

ShaneKIT said...

It makes sense .... but am I at a greater risk of failing?

I have left my role as an IT Manager with an org that had a low interest in IT to go solo.

I have so many ideas - threads on what I "think" needs to be done to get started.I have the skills, the experience, the knowledge, so your suggesting "get on with it""??

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Dr. Greg Chapman is also the author of
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The Five Pillars of Guaranteed Business Success

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