Learn more about entrepreneurship with this collection
Mindfulness
Prioritization
Personal growth and development
1. Find out The Reasons
What is the fundamental cause of your company’s problems? Take the time to fully examine your company. What may be the source of your difficulties? There are certain frequent reasons why businesses fail,
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3. Return to the Conceptual Stage
Can you determine what the core of the problem is now that you’ve completed all of the most crucial phases of analysis? You now know what decisions to make if you know what expenses to cut, for example. These are the decisions that will eventually rescue your company, no matter how difficult they...
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2. Renovated budgeting
After evaluating whether or not your firm has a future, you may investigate how much it will cost to reorganize. Money is running out. Do you have a copy of your profit and loss statement? Are you aware of the revenues, expenditures, and expenses incurred at various phases of your company’s devel...
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CURATED FROM
IDEAS CURATED BY
What’s up, it’s @hackedongrowth here, Nobody begins a company to lose it. However, for many people, business failure is a reality. The most difficult step is confronting this fact and saying to yourself, "My company is failing." But failure is more often than we believe, and you may feel horrible about the waste of time, effort, a
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Game 3: The “Pre-Mortem Game”
Now, not everything in business goes according to plan. In fact, sometimes the plans go horribly awry. But you know what? That can be a source of inspiration, too. Enter the “Pre-Mortem Game”: your role in this game is to write the obituary for your company, which is going to fail with 10...
Reasons We Suffer From The Law Of Unintended Consequences
- We play it safe and do not want to take the time and investigate the root cause of a problem.
- Our many cognitive biases act like blind spots, making us only see immediate threats.
- We focus on something visual and available...
Difficulties in reaching out
There are a lot of reasons talking about our problems can be difficult:
- We may be educated to internalize feelings, rather than expressing them.
- The emotions we're dealing with (guilt or shame) can feel so overwhelming that we can’t get up the motivation to talk ab...
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