Saturday, May 1, 2010

Step away from your business

Sometimes as a business owner you get so involved in the running of the day to day operations that you overlook the long term goals of the company. I want to give one piece of advice to business owners and that is to step away from your business from time to time so you can make strategic decisions instead of tactical decisions. To grow your business to the next level sometimes you need to step away.

If you have a business that has one million dollars per year in revenue. You may be able to turn your company into a two million dollar per year company by making tactical decisions. However if you want to turn it into a fifty million dollar per year company that can only be done by making strategic decisions.

As business owners we all get way too wrapped up in our work sometimes. Take a few days and step away. It will make a world of difference.

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