Monday, May 30, 2011

Can You Get Past A Burnt Bridge?

All humans make mistakes and business owners can make even more mistakes and some times even burn bridges. Burning a bridge doesn't mean you can't move forward and be successful.

Little Fish Philosophy Tips For Success

1 Be Humble
1 Little Fish Philosophy:
Have an awareness that you actually burnt down the bridge

2 Gather Knowledge:
2 Little Fish Philosophy:
Learn which of your actions led to burning down the bridge

3 Act With Wisdom:
3 Little Fish Philosophy:
Have a better understanding of fire prevention

4 Go Forth With Courage:
4 Little Fish Philosophy:
Build new bridges - you're allowed to

You just have to remember that if you have burnt a bridge down, you can gather the rubble (the lessons learned) into a pile and walk over the rubble to the other side because no one can stop you but yourself.

Keep Swimming Little Fish!

Wednesday, May 4, 2011

Own Your Business Or It Will Own You

As a little fish in the pond of big businesses, you feel the financial pressure to get going with your new venture almost immediately without having spent time planning.

With that sense of urgency, the good news is that you'll probably make some quick money at the start, but the bad news is that you won't be able to sustain it. Owning a viable business requires more than just excitement or flying by the seat of your pants, it requires a plan that will help you determine:

Your value proposition
Who your customers are
What type of relationship you want to have with them
How you want to communicate to them
How you want to sell or deliver your product or service

Once you've been able to answer these questions, you'll then be able to put some policies and procedures in place to help execute your plan, thoroughly and consistently without guessing.

If you don't put a plan in place at the beginning, you will spend most, if not all of your time and energy being reactive. Being reactive means being owned and being owned means you'll soon loose passion for what got you to start your business in the first place.

Keep Swimming Little Fish!