Monday, September 1  

Don't let emotion rule your decision making

I've had a fascinating day today. I've seen first hand a business implode because the decisions made by the owners weren't based on sound business thinking. The decisions made were based on anger.

I'm not very close to this business, but I'd guess the decisions will cost the business owners upwards of $500,000. If not more.

One of the best pieces of advice I've ever received was to wait 24 hours before making a decision that could affect my business (this bit of advice was told to me by a client who takes 24 hours for every decision - it makes it slow going sometimes, but the decision is invariably right).

Think about your business strategically and make the best decisions to help grow your business. That's the smart way!

Take care.

Brendon