“If you don’t know where are you going, it doesn’t matter where you go. Any road will get you there.”
If you want to start a business without writing a solid business plan then you better not start anything.
“If you don’t know where are you going, it doesn’t matter where you go. Any road will get you there.”
If you want to start a business without writing a solid business plan then you better not start anything.
Building your own business is not easy. That is indisputable. But it doesn’t have to be gruesome task that would drive you insane. Here is my advice on how to build your own business and stay sane.
Being mentor for startups, speaker and trainer on entrepreneurship and leadership people often come to me for advice with their business idea or for help with their struggling business.
I always tried to help where I could but then I realised that I am basically telling everyone the same things over and over.
Here is summary of my “frequently told answers” – 5 things I consider now, after 10 years and 7 companies, crucial to think over before you start your own business.
I’ve been writing this blog for almost two years. Many times I want to write about something but can’t find proper way how to put it in words. There are ideas in my head but I can’t transform them into blog post. Now and then I find that somebody already did it. As if someone would take my ideas and write them down. Write them down so much better as I would ever do. Here’s one example. Enjoy it.
Hiring and firing is one of the key responsibilities of a manager. For startup founder, good hiring and quick firing is key to success.
Looking back at all people I have fired over the years, the only thing that comes to my mind is – I should have done it earlier. Some of them not even hire, but with all of them I have never regretted firing them.
This is excerpt from CIA’s “Simple Sabotage Field Manual” that was issued in 1944 and declassified in 2008. It was intended for everyday people who wanted to help Allies by undermining productivity and order in their countries. Many of the instructions seem to be so relevant in today’s corporate world that I get the feeling war is not over yet. I see many secret agents still working hard all around us.
Couple weeks ago I had lunch with a entrepreneur friend from London who was visiting Prague for couple days. After 2 hours of great conversations I apologised myself that I have to leave. She was surprised when I explained that our cleaning lady leaves for vacation so we have all company meeting. Why did we do it? Was it at all necessary? Is this really such a big thing?
It is very helpful, if skills you learn are in the area or direction which you want to go in your life. Sometimes it may seem, it is not connected or worth it, but later in life it may come very handy.
I have asked one of my employees to go to car registry and do some changes there.
He told me, I’ll be happy to go there and do it, but you know, I have never done it before.
One would assume that most of my time I am spending telling people what to do.
Actually, most of the time I am telling people what not to do.
With growing business I see two main challenges:
i) maintaining quality
ii) managing complexity
Ever tried to come up with some great business idea or creative solution to a problem that you’re facing? The more you tried the less successful you were. This is how I develop my business ideas and solutions to a problems.