Creating a Plan of Action

Creating a Plan of Action

Create always a plan of action. Write down your challenges and analyze what can go wrong and how you can solve the situation.

To create a plan of action ask yourself:

•     What is your true core business?
•     What creates the cash?
•     Have you invested too much in growth?
•     Are you overextending yourself?
•     Have you been measuring performance effectively?
•     Have you been letting go of underachievers?
•     Have you been keeping true to your strategy?

Change what you do, not what you are about. The point is how you have been doing business, not change yourself as a person. Amir Hartman defines three key things to do:

Recalibrate your strategies: Think about what you should do. Rearrange your business interests, reassess how your resources have been relocated.

The difference between successful people and underachievers is the ability to bounce back and try again. Every setback is a learning opportunity, and once you have been through it, you can come back more experienced and with more prospects for success (Sir Richard Branson). Image: Megan Jorgensen (Elena)

Recalibrate your rules: After knowing what you are going to do, you need to establish new rules that focus on results.

Recalibrate your business: Develop the capabilities you need that will get you to where you want to go.

Success in business does not rest on simply avoiding problems. Rather, dealing with pitfalls and drawbacks is part of business. How you respond to challenging circumstances will be a key determinant of your success. In order to overcome setbacks, expect the unexpected, keep things in perspective, persevere.

Bibliography:

• Adam Riccoboni and Daniel Callaghan, The Art of Selling Yourself.