The three things you need to know when starting a project or a business,
experience has shown that 3 simple things will save you energy time and money.
- Do you Pass on the project and Give up.
- Do you Persist and Carry on.
- Or do you Change Direction or Pivot direction.
You constantly need to know when to Pass, Persist or Pivot.
have a good plan and execute it” may not be fully true!
The plan you have may be a good one but it could be the wrong one! So be dynamic and
Know when to change direction,
know when to stop and
know when to persevere
As well as changing direction there are always times when motivation and businesses slump.
The dip happens in all businesses, getting through a dip makes, breaks, or redefines a business.
The important factor is knowing the difference between a dip and a dead end!
That means knowing when to keep going at all costs and knowing when you are in a cul-de-sac.
There are 2 easy books to read on these subjects,
The Dip by Seth Goddin discusses when to quit and when to stick, it is always taught that quitting is a bad thing, Seth disagrees with this suggesting that ‘winners quit quick, quit often and without guilt.’