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Tips from the world’s most successful entrepreneurs

In this article, you are offered the quintessence of advice from the hands of the most successful entrepreneurs on the planet. Their use will allow you to make the right and accurate decisions in the business, regardless of its size.

1. Search for the root of the problem:

– think for the future. Patching holes will only lead to the fact that the problem will most likely pop up more than once;

– take time to consider the situation from all possible points of view;

– if you are constantly busy with “extinguishing fires”, then it’s time to reconsider the methods of work;

– Do not go deep in search of the true causes of the problem so much as to spend all this working time on it;

– The search for the true root causes of the problem requires a few large expenses (time and, possibly, money), but they justify themselves.

2. A look at the problem from a different angle:

– Finding new approaches to old problems can revitalize your work;

– talk with colleagues to find out what ideas they have on this subject;

– use different tried and tested decision-making methods;

– You must master the skill of studying the problem from different angles;

– Ask a person who is not familiar with the situation in question to share their immediate impressions of it. This may give you the key to making the right decision;

– to avoid unpleasant surprises, try to think through the consequences of decisions.

3. Questions:

– Do not be afraid to ask questions. It is better to spend time studying the situation than relying only on your understanding of the situation and taking risks when making the wrong decision;

– Formulate the question so that it best meets your goals;

– if you are short of time, then it is best to use closed-ended questions;

– open-ended questions can cause a fruitful discussion;

– if you have time, mentally speak your question before asking it to make sure that it will not confuse the person you are talking to (unless, of course, you specifically set such a goal);

– Try to choose the right time for your questions. Is the environment suitable for this? Is your interlocutor annoyed? Perhaps, if time suffers, it would be better to ask a question another time.


4. Using proven methods:

– Regularly reassess the situation and keep track of how legally capable your favorite old decisions remain;

– Do not get stuck in a rutted track. Success awaits you on a new path;

– remember that there is always more than one way to solve a problem;

– Do not reject unexpected views on things;

– experiment with new methods and observe what results they can lead to;

– carefully study other people’s approaches to solving problems. They can open your eyes to many things;

– Look for the opportunity to more widely apply the solutions found.

5. Decision-making in the face of time pressure:

– think ahead and play out possible scenarios before they are implemented;

– Remember that lack of time is not always bad. In a tense situation, you can think more clearly and effectively;

– concentrate on what is important at the moment;

– even in conditions of lack of time, try to analyze all the premises and not make hasty conclusions;

– If you have time trouble, then it is all the more important to consult with an experienced colleague to make sure that you have not missed anything significant.

6. Analysis of expenses and income:

– regardless of who conducted the analysis – you yourself or someone else, double-check whether any important factors were missed in terms of both expenses and income;

– always make sure that the assumptions underlying the analysis are correct. Ask a few people to check your calculations to be sure that they will withstand any criticism.

7. Prompt decision-making:

– Having found in yourself or in others a tendency to slowness, immediately try to eradicate this phenomenon;

– properly understand yourself. If you are prone to slowness, find out why;

– if necessary, be prepared for a compromise;

– clearly imagine your goals;

– if the task is too ambitious for you, break it into pieces;

– If you are trying to delay the adoption of a difficult decision, try to strengthen self-confidence by contacting experienced colleagues for help.

8. Decision message:

– Before informing people about your decision, carefully think out a speech;

– Take into account all aspects of the internal policy of the company that may be affected by your decision;

– carefully listen to all the considerations of the audience and be prepared to clarify your position in detail. If you follow all the recommendations in the book, then withstand any criticism;

– Speak clearly and intelligibly, do not confuse students with scientific terminology;

– Remember that the transition to a defensive position has not been beneficial to anyone;

– If possible, link the content of your presentation with the values ​​and motivations of the audience. Explain how they will benefit….

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