The Weekly Resolve Email 37- Business Strategy

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Hey, Darren here.

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Create a Business Strategy in 4 Easy Steps – Here’s How

Most business strategies suck.

Don’t believe me, check out the statistics on the numbers of businesses that cease trading every year. If you’re a new business – a start-up – well good luck, 20% fail in the first year, with a further 60% not making it past year two.

The business strategy – the plan that is going to provide the vision of success is lacking in many instances. But why?

Business school rams home the importance of a good business strategy. Survivorship bias gives us inflated examples of brilliant strategies. The failures, the ones who didn’t survive, what of their business strategy?

What did they not do?

The answers are never clear cut, instead, we get a pitch of excuses. Not enough capital, poor cash flow, too many competitors…you get the drift. I might levy another excuse – a poor business strategy.

Read Article

The Resolve Blog Articles

📑 Your Feelings are Temporary – Why you Shouldn’t be Eager to Make Permanent Decisions

📑 Quick Decision Making is Bad for You. Here is Why you Need to Slow Down

📑 Thinking Strategically: The 3 Principles of Effective Strategic Thinking

What I’m reading

Decision Making - A simple two minute read on how to nurture decision making in others.

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Make great decisions!

Darren Matthews

Founder, The Resolve Blog

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