photo credit: fabbio
In the recent past due to our economy, many business owners were tending to focus on their short term gain rather than their long term gain. It was more important to think about their business being open in terms of tomorrow rather then 10 year’s from now. However, there are already some signs that are pointing towards this recession coming to an end finally and there being some light at the end of the tunnel. Below are some tips on focusing on your long term gain that were recently posted on Entrepreneur Magazine.
Remember that being in business for yourself is the quickest way for YOU to get rich. Granted, working for someone else may make you rich some day, but it takes more time and more climbing up the ladder.
Always remember that a recession is a short term problem, but the recovery is always long term. Dont stop planning for your 10 year future just because tomorrow doesn’t look good. Only looking at tomorrow can prove to put you in some financial distress once the recession does lift.
Business is one of the most creative endeavors you could ever undertake — or attempt to master.
People look in awe at artists and what they are able to create. But in some ways, successful business people are far more artistic and creative than most people could ever imagine.
Did you plan for your long term gain once the recession started?