Business Opportunities Weblog

January 22, 2005 by Dane Carlson | 1 Comment

Michael Cage:

Small business owners believe they are extraordinarily capable, able to fix the biggest disaster through sheer force of will, and are able to out-work, out-think, and out-hustle anyone and everyone else in or around their business. This is a strength and a weakness. In many cases, they are right. But it is serious flaw to let those feelings dictate their decisions.

There is an enormous difference in return on investment (ROI) between high-leverage activities and low-leverage activities.

There are times when it is better leave something undone or to have someone do an inferior job at a task you could do 1000 times better so your attention can be focused not on incremental improvement, but exponential growth of your business. This is the core understanding that marks the transition from small business owner to entrepreneur.

In Operations, Planning, Posts | 1 Comment