Announcing you’re in a new business is exciting. That’s the easy part. Now you need new capabilities, and a new sales effort too.
It’s tricky moving to a new business model. While you’re exploring your new options, remember to make money from your existing business!
What do you want to be? Choose carefully what you’re aiming to do, so you can focus on getting really good at it!
Elaborate plans just evaporate under pressure. You need to build plans that aren’t too complex and aren’t too simple. Just like Goldilocks said!
Just because an employee has worked for your company for years doesn’t make them more valuable than a relative newcomer.
Most companies have a few employees who manage to hang on despite failing to pull their weight. It’s not a pretty picture.